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HomeMy WebLinkAbout1999-06 N. Mountain LIDRESOLUTION NO. 99- 0 (~ A RESOLUTION LEVYING SPECIAL BENEFIT ASSESSMENTS IN THE AMOUNT OF $351,327.11 FOR CURBS, GUTTERS, STORM DRAIN, SIDEWALK, AND PAVING IMPROVEMENTS IN THE NORTH MOUNTAIN AVENUE LOCAL IMPROVEMENT DISTRICT NO.72. RECITALS: The City of Ashland has constructed curbs, gutters, storm drain, sidewalk, and paving in the North Mountain Avenue Local Improvement District No.72 during 1997-98. B. The total assessment for these improvements is in the amount of $351,327.11. C, 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 January 19, 1999, is convincing and accepts such evidence as the basis to support the conclusions recited above. Special benefit assessments should now be levied against property 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 3. 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 4. All assessments using the Bancroft Bonding Act are required to pay in 20 semi- annual 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. PAGE 1 -LEVYING ORDINANCE F:\USER~PAULA~LID W Mountain ,evy assess res.wpd SECTION 5. 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 ~/~M Christensen, City Recorder day of ,1999. SIGNED and APPROVED this J day of ~ 1999. Catherine M. Shaw, Mayor Paul Nolte, City Attorney PAGE 2-LEVYING ORD INANC E F:\usER~PAULA~LID N Mountain levy assess res.wpd Dates- Implemented: NO. MAP & TAX LOT 1 391E4DA 300 N. MOUNTAIN AVE. ASSESSMENT DISTRICT Exhibit A City of Ashland Department of Public Works - Engineering Division Revised: Final: JANUARY 12, 1999 2 NAME & ADDRESS CITY OF ASHLAND PARKS DEPARTMENT COST PER AREA TOTAL FRONT FOOT FRONTAGE ASSESSMENT FEET $190.00 320.O0 $60,800.00 391E4DD 100 CITY OF ASHLAND PARKS DEPARTMENT $190.00 38.00 $7,220.00 391E4DD 200 CITY OF ASttLAND PARKS DEPARTMENT $190.00 169.30 $32,167.00 4 391E4DD 3 00 CITY OF ASHLAND PARKS DEPARTMENT $190.00 111.80 $21,242.00 391E4DD 400 CITY OF ASHLAND PARKS DEPARTMENT $190.00 1209.96 $229,892.40 TOTAL 5 LOTS 1849.06 $351,321.40 DESCRIPTION OFFICIAL RECORDS DOCUMENT NO 94-27-549 OFFICIAL RECORDS DOCUMENT NO 94-27-549 OFFICIAL RECORDS DOCUMENT NO 94-27-549 OFFICIAL RECORDS DOCUMENT NO 94-27-549 OFFICIAL RECORDS DOCUMENT NO 94-27-549 TOTAL G:Dawn\Engineer\LID\N. Mountain Ave Final Assessment.wpd Page I