HomeMy WebLinkAbout1991-182
r
r
r
RESOLO'rIOII RO. 91-182
Resolution Declarinq Cost to be Assessed
and
Orderinq Preparation of P.L~ Asses-t for L.r. 272
WARD""", a contract has been let (costs have been determined) for the improvement
of East Hudson street between Sixth Avenue South and Fourth Avenue South and the
contract price for such improvement is $2,700.00, and the expenses incurred or
to be incurred in the making of such improvement amount to $1,300.00 so that the
total cost of the improvement will be $4,000.00.
_, i'IIEREftIRE, BE IT RBSlJLVHD BY 1'IIE CI'l'Y ~ OF ~, 1I.uut15l:AlrA:
1. The portion of the cost of such improvement to be paid by the city is
hereby declared to be $ 0 and the portion of the cost be assessed against
benefited property owners is declared to be $4,000.00.
2. Assessments shall be payable in equal annual installments extending over
a period of five (5) years, the first of the installments to be payable
on or before the first Monday in January, 1992, and shall bear interest
at the rate of 8 percent per annum from the date of the adoption of the
assessment resolution.
3.
The city clerk, with the assistance of the city engineer (consulting
engineer) shall forthwith calculate the proper amount to be specially
assessed for such improvement against every assessable lot, piece of parcel
of land within the district affected, without regard to cash valuation,
as provided by law, and he shall file a copy of such proposed assessment
in his office for public inspection.
4. The clerk shall upon the completion of such proposed assessment, notify
the council thereof.
Adopted by Council this 17th day of september 1991.
~c~~
tr)~ ~