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HomeMy WebLinkAbout2693 Authorize RR Park LIDORDINi~NCE NO. ~: ~.~ AN ORDINANCE AUTHORIZING AND ORDERING THE DEVELOPMENT OF A PUBLIC PARK LOCATED IMMEDIATELY SOUTH OF THE SOUTHERN PACIFIC RAILROAD TRACKS BETWEEN SIXTH STREET AND EIGHTH STREET IN THE RAILROAD DISTRICT, ASHLAND AND AUTHORIZING THE ASSESSMENT OF THE COST OF THE IMPROVEMENTS AGAINST PROPERTY TO BE BENEFITED AND PROVIDING THAT WARRANTS ISSUED FOR THE COST OF THE IMPROVEMENT BE GENERAL OBLIGATIONS OF THE CITY OF ASHLAND. RECITALS: A. The Council has declared by resolution its intention to develop the improvements described in substantial accordance with the plans and specifications and to assess upon each lot or part of lot benefited by the improvement its proportional share of the cost of the improvement as provided by the Charter of the City of Ashland; and B. Notice of such intention has been duly given and published as provided by the charter and ordinances of the City of Ashland, a public hearing was held and it appears to the Council that such improvements are of material benefit to the City and all property to be assessed will be benefited to the extent of the probable amount of the respective assessments to be levied for the costs; THE PEOPLE OF THE CITY OF ASHLAND DO ORDAIN AS POLLOWS: Section 1. It is ordered that a public park located immediately south of the Southern Pacific railroad tracks between Sixth Street and Eighth Street in the Railroad District, Ashland be developed and that the cost be assessed upon each lot or portion of lot adjacent to or benefited by such improvement as provided by the charter and ordinances of the City of Ashland. Section 2. A local improvement district is established for the purpose of the development of this park and the district shall consist of all those residentially and commercially (E-1 and C-i) zoned lots, except lots now exempt on the property tax rolls because of their religious or nonprofit purposes, within the area bordered by the Southern Pacific Railroad tracks on the north, North Mountain Avenue on the east, East Main Street to its intersection with Lithia Way and then along Lithia Way for the south boundary and Oak Street for the west boundary including those lots fronting the west side of Oak Street between Lithia Way and Van Ness Avenue. Section 3. The local improvement shall be made in substantial conformity with the proposal set forth in the initiating resolution which is to develop the park, including the acquisition of land, in accordance with costs estimated to be $195,000, of which $150,000 will be paid by special assessments on benefitted properties. Costs will be allocated based on a unit measure of approximately $0.054 per square foot of each PAGE i-ORDINANCE (p:parks\rai [ [id.0rd) residentially zoned lot and the same unit measure times one-half of the square feet of each commercially (E-1 and C-i) zoned lot. Section 4. Warrants for the construction of the improvement shall bear interest at the prevailing rates and shall constitute general obligations of the City of Ashland and the warrants shall be issued pursuant to and on the terms and conditions in ORS 287.502 to 287.510 inclusive. Section 5. Characterization of the assessment. The assessment imposed as a result of this local improvement district is characterized as an assessment for local improvement pursuant to ORS 305.583(4). Sgction 6... ~lection t0::defer'special a~sessment.. An.owner Who is assessed for this local improvement may elect to defer payment of the amount of the special assessment provided the following requirements are met. The election shall be made by' fiIing'a claim for deferral with the city recorder. A. The household income of the owner may not exceed the poverty guidelines Of the Federal Community Services Administration. B. The owner must own the fee simple estate .or be purchasing the fee simple estate under a recorded instrument of c. The property with respect to which the deferrat is filed must be the homestead of the owner except for an owner '~equi~d to be absent from the homestead by reason of health. H0mest~ad has the meaning given that term in ORS 311.666. The foregoing ordinance was FIRST READ on the // ?~ day of ~.~.~ ~,.~- , 1991 and duly PASSED and ADOPTED this /~ day of ',~'~-~ ...... ,J~ , 19~. Nan E./Franklin, City Recorder SIGNED and APPROVED this ~ ~=~ day of ~-J~/~ ~J~.~ , 199~. Mayor PAGE 2-ORDINANCE (p:parks\raillid.ord)