HomeMy WebLinkAbout1994-28 Public Park in RR LIDRESOLUTION NO. ~-//-~o~
A RESOLUTION LEVYING SPECIAL BENEFIT ASSESSMENTS IN THE
AMOUNT OF $197,195 FOR ASSESSMENTS FOR A PUBLIC PARK IN THE
RAILROAD PARK LOCAL ASSESSMENT DISTRICT FORMED BY ORDINANCE
2963, TO BE INCLUDED IN ASSESSMENT DISTRICT NO. 66.
RECITAL: The City of Ashland has acquired property now dedicated for a public park
known as the Railroad District Park. The total assessment for this park is $197,195.
Special benefit assessments should now be levied against property benefitted to
defray the expenses.
THE CITY OF ASHLAND RESOLVES AS FOLLOWS:
SECTION 1. The amount of the assessment to be charged against each lot within the
local improvement district according to the special and peculiar benefits accruing to
each lot for the Railroad Park Local Assessment District formed by Ordinance 2963,
assessment district No. 66 is as follows:
Name & Address
Description
Assessment
City of Ashland
20 E. Main Street
Ashland, OR 97520
Lot 10, Railroad
Park Subdivision
$197,195.00
SECTION 2. Any owner of property assessed for $100.00 or more may request the
payment be extended in the manner and under the provisions of the Bancroft Bonding
Act, if the request is made within thirty days after notice of the assessment is received.
SECTION 3. All assessments using the Bancroft Bonding Act are required to pay in
20 semi-annual installments together with interest. Interest charged will be the actual
bond sale rate plus I 1/2 percent, with a maximum of 9.5 percent.
The foregoing resolution was READ BY TITLE ONLY and DULY ADOPTED at a regular
meeting of the City Council of the City of Ashland on May 3, 1994.
Nan'~n, City Recorder
SIGNED and APPROVED this o~7~ day of
Reviewed as to form:
Paul Nolte, City Attorney
,/~Z~-~.,- ,1994.
Catherine M. Golden, Mayor