HomeMy WebLinkAbout2003-30 Penny/Palmer LIDRESOLUTION NO.
A RESOLUTION LEVYING SPECIAL BENEFIT ASSESSMENTS IN THE AMOUNT
OF $46,000.00 FOR THE PENNY DRIVE AND PALMER ROAD LOCAL
IMPROVEMENT DISTRICT FOR IMPROVEMENTS TO PALMER ROAD AND
PENNY DRIVE CONSISTING OF PAVING, CURBS, GUTTERS, STORM DRAINS,
SIDEWALK, AND ASSOCIATED IMPROVEMENTS
THE CITY OF ASHLAND RESOLVES AS FOLLOWS:
RECITALS:
The City of Ashland has constructed curbs, gutters, storm drain, and paving as a result of
the Penny Drive and Palmer Road Local Improvement District (LID) during 2000-2001.
As expressly delineated in resolution 99-72 forming this LID, the sidewalk requirement
for the Penny/Palmer LID has been paid for but deferred indefinately.
The total cost for these improvements is in the amount of $78,800.44. The City assumed
responsibility for a portion of the LID costs as outlined in Resolution No. 99-09 adopted
on February 3, 1999 totaling $32,800.44. This City total includes $3,796.19 for costs
over the maximum per unit assessment per Resolution 99-09. The resulting total to be
assessed to the District is $46,000.00.
The total assessments in this district are reasonable assessments and the assessments
charged against each lot is according to the special and peculiar benefits accruing to it
from the improvements. The council finds that the evidence presented by Paula C.
Brown, Public Works Director, in the Council Communication of August 16, 2003, is
convincing and accepts such evidence as the basis to support the conclusions recited
above.
Special benefit assessments should now be levied against properties benefitted to defray
the expense thereof.
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 these
improvements are set forth in the attached Exhibit A.
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 (twice a year) installments together with interest. Interest charged will be the actual bond
sale rate plus 1.5 percent, with a maximum of 10 percent. The initial interest to be charged is
6.75 percent.
SECTION 4. Classification of the assessment. The assessments specified in sections 1 of this
resolution are classified as not subject to the limits of Section 1 lb of Article XI of the Oregon
Constitution.
This resolution was read by title only in accordance with Ashland Municipal Code
{}2.04.090 and duly PASSED and ADOPTED this //9 day of ~ , 2003.
Barbara M. Christensen, City Recorder
SIGNED and APPROVED this°'~C' day of
/2vc;~ .. ,2003.
Alan W. DeBoer, Mayor
Paul Nolte, City Attorney