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HomeMy WebLinkAbout1992-04 Install Traffic SignalRESOLUTION NO. 92- 04 A RESOLUTION OF INTENTION TO PROVIDE FOR THE INSTALLATION OF AN AUTOMATIC TRAFFIC SIGNAL AT THE INTERSECTION OF ASHLAND STREET AND TOLMAN CREEK ROAD. THE CITY COUNCIL OF THE CITY OF ASHLAND DOES RESOLVE AS FOLLOWS: SECTION 1. It is the intention of the Council to construct by contract an automatic traffic signal at the intersection of Ashland Street and Tolman Creek Road. Such improvements will be in accordance with costs estimated on attached Exhibit "A", 100% of which will be paid by special assessments. SECTION 2. The Council will meet in the Council Chambers, Ashland Civic Center, 1175 East Main Street on the 18th day of February, 1992, at 7:30 P.M., at which time and place the owners of the adjacent benefited property are called upon to appear before the Council or to submit written comments and to show cause, if any, why the improvement should not be constructed and why the owner's property should inet be assessed for the improvements. 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 inclusiw~ly. SECTION 4. The City Recorder is directed to serve notice to the property owners by publishing a notice of the public hearing once in the Daily Tidings, not less than ten (10) days prior to the hearing, and by mailing copies of the notice by registered or certified mail to the owners of each lot benefited by the proposed improvement as shown on the latest tax and assessment roll. The notice shall be in the form of Exhibit "B" attached to this resolution. This Resolution was READ and DULY ADOPTED at a regular meeting of the City Council of the City of Ashland, Oregon on the 21st day of January, 1992. Nan E. F~anklin, City Recorder SIGNED and APPROVED this~~Wday of ~_~.~_~=.~ ~.~_,~]_ , 1992 ~' Catherine M. Golden, Mayor EXHIBIT "A" CITY OF ASHLAND DEPARTMENT OF PUBLIC WORKS ESTIMATE FOR TRAFFIC SIGNAL INSTALLATION Street: Limits: Tolman Creek Road @ HWY 66 (Ashland St) Estimate by: James H. Olson, Assistant City ]Engineer Date: 07/08/91 Revised Acreage: S.M. Hall, Public Works Director CONSTRUCTION ESTIMATE: ENGINEERING @ 20%: PROJECT TOTAL: Date: 1/16/92 $130,000 $ 26,000 $156,000 ASSESSMENT PER UNIT BASED ON 50% AREA AND 50% TRIP GENEK~TION TOTAL AREA IN LID BOUNDARY: 136.715 Acres TOTAL ASSESSED AREA IN LID: 84.672 Acres ASSESSABLE COST PER ACRE OF LAND: $921.20 USE COST PER ACRE OF LAND: $950.00 TOTAL TRIP GENERATION IN LiD: 28,934 ASSESSABLE COST PER TRIP: $2.70 USE COST PER TRIP: $3.00 THE ESTIMATED ASSESSMENT FOR YOUR PROPERTY IS : $ YOUR PROPERTY IS TAX LOT , 39-1E-14~. NOTICE OF PUBLIC HEARING EXHIBIT 'tB" NOTICE IS HEREBY GIVEN that the City Council of the City of Ashland will meet on the 18th day of February, 1992 at 7:30 P.M. in the Council Chambers, 1175 East Main Street, to hold a public hearing to consider the formation of a Local Improvement District as follows: NATURE OF THE IMPROVEMENT: Install an automatic traffic signal at the intersection of Ashland Street and Tolman Creek Road. BENEFITED PROPERTY: Tax Lots 300, 500, 600, 900, 1000, 1001, 1002, 1101, 1200, 2700, 2701, 90.000, 90.001, 90.002, 90.003, 90.004, 90.005, 90.006, 90.007 and 90.008, 39-1E-11C;Tax Lots 1201, 1202 and 1203, 39-1E- llD; Tax Lots 1103, 1105, 1106, 1107, 1108, 1109, 1110, 2000, 2101, 2200, 2302, 2303, 2600, 2701, 2800, 2801, 2900, 3000, 3001 and 3100, 39-1E-14A; Tax Lots 100, 101, 200, 300, 400, 401(N), 401(S), 402, 500, 700, 702, 703, 704, 705, 706 and 707, 39-1E-14B; and Tax Lots 100, 200 and 300, 39-1E-14BB; Tax Lot 100, 39-1E-14BD; Tax Lots 800, 1000, 1100, 1200, 1301, 1600, 1700, 1800 and 1900, 39- 1E-14D. ESTIMATED COST: The City Council will be considering cost distribution based on a combination of 50% by assessable land area and 50% by trip generation (traffic). The assessments are calculated by the following figures based on a total cost of $156,000:: 1. $950 per acre of assessable benefited property, 100% of which will be paid by special assessment, and 2. $3.00 per trip generated by benefited property, 100% of which will be paid by special assessment. ADDITIONAL INFORMATION: Preliminary project design information and detailed estimates of project costs are available during business hours at the office of the Engineering Division, 27-1/2 North Main Street. NOTICE IS FURTHER GIVEN that all affected property owners are called upon to appear at the hearing, or to submit written comments prior to or at the hearing, as to why the improvements should not be constructed, or why the benefited properties should not be assessed for the construction in the manner proposed. BY THE ORDER OF THE CITY COUNCIL Nan E. FPanklin, City Recorder PUBLISH: Daily Tidings