HomeMy WebLinkAbout2003-31 Central Ave. LIDRESOLUTION NO. 03-~:> 1
A RESOLUTION LEVYING SPECIAL BENEFIT ASSESSMENTS IN THE AMOUNT
OF $60,606.29 FOR THE CENTRAL AVENUE LOCAL IMPROVEMENT DISTRICT
FOR IMPROVEMENTS FOR PAVING, CURBS, GUTTERS, STORM DRAINS AND
SIDEWALKS ON CENTRAL AVENUE FROM ITS EXISTING TERMINUS EAST OF
HELMAN STREET TO WATER STREET, FOR THE CENTRAL AVENUE LOCAL
IMPROVEMENT DISTRICT
THE CITY OF ASHLAND RESOLVES AS FOLLOWS:
RECITALS:
The City of Ashland has constructed curbs, gutters, storm drain, sidewalk, and paving in
the Central Avenue Local Improvement District during 2000-2001.
The total cost for these improvements is in the amount of $73,635.29. The City assumed
responsibility for extensive rebuilding of a section of the street outside the LID area and
for 200 feet of storm drain line totaling $27,529.00 leaving the total to be assessed to the
District at $60,606.29.
The total assessment in this district is a reasonable assessment and the assessment
charged against the sole 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 the sole lot within the local
improvement district according to the special and peculiar benefits accruing to this lot for these
improvements are set forth as follows:
MAP NO. TAX OWNERS| liP DESCRIPTION UNITS COST PER TOTAL
LOT UNITS
391E9BB 400 Westridge Investments LLC Parcel #2 Partition Plat I $ 60,606.29 $ 60,606.29
202 E. Trent Avenue, Ste 400 #P-91-1996
Spokane WA 99202
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 /t ~ . day of~, 2003.
Barbara M. Christensen, City Recorder
SIGNED and APPROVED this ~day of
2003.
Alan W. DeBoer, Mayor
Paul Nolte, City Attorney