HomeMy WebLinkAbout8148 (Res.)
L. I. 253
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P&QOJnfiOll Ml. 8148
Resolution Declaring Cost to be Assessed
and
Ordering Preparation of PL.'l'Jsed As&eSlllEllt
-...... a contract has been let (costs have been determined) for the improvement
of South Third street between the south line of Walnut Street and the north line
of Orleans Street; and also Orleans street between the east line of South Fourth
Avenue and the west line of South Fourth Street and the contract price for such
improvement is $186,092,71, and the expenses incurred or to be incurred in the
making of such improvement amount to $45,924.24 so that the total cost of the
improvement will be $232.016,95,
_, ~, BE rr llESaLvm BY 'fHI!: CI'I.'Y CXXDICIL OF S~, 1IIlUlESOrA:
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 $232.016,95,
2,
Assessments shall be payable in equal annual installments extending over
a period of ten years, the first of the installments to be payable with
general taxes collected in 1990. 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 the council this
5th
day of September
19 89.
l1AJ1~ aJ~
I city Cler
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