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HomeMy WebLinkAbout1997-05 Orange Ave. LIDRESOLUTION NO. 97- ~ A RESOLUTION AUTHORIZING AND ORDERING THE LOCAL IMPROVEMENTS FOR ORANGE AVENUE FROM LAUREL STREET TO HELMAN STREET FOR THE ORANGE AVENUE LOCAL IMPROVEMENT DISTRICT 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 the above title and in the improvement resolution previously adopted and to assess upon each lot or part of lot benefitted by the improvement its proportional share of the cost of the improvement; and B. Notice of such intention was duly given, a public hearing was held and it appears to the Council that such improvements are of benefit to the City and all property to be assessed will be benefitted to the extent of the probable amount of the respective assessments to be levied for the costs. THE CITY COUNCIL OF THE CITY OF ASHLAND RESOLVES: SECTION 1. A local improvement district is created and shall consist of all the tax lots described in the attached Exhibit 'A'. The district shall be called the Orange Avenue Local Improvement District, No. 76. SECTION 2. The Council intends to make local improvements described in the above title. Such improvements will be in accordance with costs estimated to be $87,275.00 all of which will be paid by special assessments on benefitted properties. Costs will be allocated on the basis of frontage of each tax lot on the affected streets. Lots will be assessed as specified on the attached Exhibit 'A.' SECTION 3. Warrants for the interim financing of the improvements shall bear interest at the prevailing rates and shall constitute general obligations on the City of Ashland and shall be issued according to the terms and conditions in ORS 287.502 to 287.515 inclusively. SECTION 4. The assessment imposed upon benefitted properties is characterized as an assessment for local improvement pursuant to ORS 305.583(4). PAGE 1-(¢: ~r\lia\or~2.R~s) SECTION 5. The City Recorder is directed to prepare the estimated assessment of the respective lots within the local improvement district and file it in the lien records of the City. This Resolution was read by title only in accordance with/Ashland Municipal Code {}2.04.090 duly PASSED and ADOPTED this ,~ / day of ~/.rz./zz.z,c4z¢ ,1997. / Barbara Christensen, City Recorder SIGNED and APPROVED this .2/ day of d/2z, z4/~/~ , 1997. R~ewed as t~ form: Paul Nolte, City Attorney PAGE 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 EXHIBIT 'A' CITY OF ASHLAND PUBLIC WORKS DEPARTMENT ENGINEERING DIVISION Orange Avenue Improvement Estimated Costs Per Lot Revised 11/20/96 Map & Tax Frontage Estimated Cost Credit (1) Total Lot Cost/Foot 4GB 400 86.470' $76.00 $6,571.72 ($169.48) $6,402.24 4GB 500 68.000' $76.00 $5,168.00 ($133.28) $5,034.72 4CB 600 75.835' $76.00 $5,763.46 ($148.64) $5,614.82 4CB 619 65.580' $76.00 $4,984.08 ($128.54) $4,855.54 4CB 620 62.070' $76.00 $4,717.32 ($121.66) $4,595.66 4GB 707 72.160' $76.00 $5,484.16 ($141.43) $5,342.73 4CB 708 64.050' $76.00 $4,867.80 ($125.54) $4,742.26 4CB 709 54.080' $76.00 $4,110.08 ($106.00) $4,004.08 4GB 5400 59.000' $76.00 $4,484.00 ($115.64) $4,368.36 4CB 5401 91.000 $76.00 $6,916.00 ($178.36) $6,737.64 4GB 5500 75.050' $76.00 $5,703.80 ($147.10) $5,556.70 4CB 5501 75.060' $76.00 $5,704.56 ($147.12) $5,557.44 4CB 5600 110.000' $76.00 $8,360.00 ($215.60) $8,144.40 4CB 5700 90.000' $76.00 $6,840.00 ($176.40) $6,663.60 4CB 5800 100.000' $76.00 $7,600.00 ($196.00) $7,404.00 GRAND 1 ,148.355 $87,274.98 ($2,250.79) $85,024.19 TOTALS (1) Credit for Sidewalk Construction: 25% Sidewalk Cost: $1.96 per frontage foot if approved by council Ie: \engineer\lid\or ange2. estl PAGE 3-(c:cogineer\lid\orange2.Res)