HomeMy WebLinkAbout2871-02/28/1977 Str=72
STATE OF IOWA, I, ____Robert__J,__M�Coy_
Black Hawk County, Publisher of the W A-t a l 0 0 T o ll n c C
a daily newspaper printed in the English
language and published in Waterloo, Black Hawk County, Iowa do solemnly swear that
the annexed copy of__ Ordinance No . 2871
AN 0R04 E.,,Q. , notice was published in the English language only aegaba*x
STA2LJSIfING
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life that the annexed rate of advertising is the regular legal rate of
eR said newspaper, and that the following is a correct bill for pub-
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11oW'.�'YMERE'KpRE SE IT lishing said notice.
OF THE INEF EY THE
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SOCryen I. That the period of
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ORDINANCE NO. 2 8 7 1
AN ORDINANCE ESTABLISHING AMORTIZATION PERIOD FOR SPECIAL ASSESSMENT
CONDITIONAL DEFICIENCIES ON PUBLIC IMPROVEMENT PROJECTS
WHEREAS, the Council of the City of Waterloo, Iowa, is required by
Code Section 384.63 to establish, by ordinance, a period of amortization
for public improvements for which there are special assessment conditional
deficiencies, based upon the useful life of the public improvements, but
not to exceed a ten year period; and
WHEREAS, this Council has now made a determination of the useful life
of certain public improvements:
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
WATERLOO, IOWA:
Section 1. That the period of amortization for public improvement
projects for opening, establishing or grading streets, the construction of
portland cement concrete or asphalt concrete street improvements, storm
sewers, sanitary sewers, watermains, pedestrian underpasses and overpasses ,
sewage pumping stations, disposal of treatment plants, drainage conduits,
channels and levees, street lighting, parking facilities, and appurtenant
facilities, is hereby established as ten (10) years, to be calculated com-
mencing from the date of adoption by the Council of said City of the Reso
lution accepting the completed public improvements.
Section 2. That the peaiod of amortization, to be computed in the same
manner as established in Section 1 hereof, is hereby established as seven
(7) years for sidewalks and three (3) years for the repair of street grading,
street surfacing with oil, gravel, oil and gravel or chloride, and ten (10)
years for the removal of diseased or dead trees .
Section 3. That in any instance where the Council determines that
the useful life of a public improvement should be for a different time
period than hereinabove established, the Council may so provide for such
period by amendment hereto, prescribing the appropriate amortization period
as may be applicable to hesQ: specific public improvements.
Section 4. That this ordinance shall take effect and be in force
from and after its passage, approval and publication as required by law.
PASSED AND APPROVED, this 28th day of February, 1977.
7
Leo P Ro ff '.Mayor
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