HomeMy WebLinkAbout1999-160-03.22.1999 RESOLUTION NO. 1999-160
RESOLUTION ADOPTING AND LEVYING FINAL
SCHEDULE OF ASSESSMENTS, AND PROVIDING FOR
THE PAYMENT THEREOF, FOR STORM AND SANITARY
SEWER IMPROVEMENTS FOR TOWER PARK LOTS 4 AND
5, IN THE CITY OF WATERLOO, IOWA.
WHEREAS, under the order and direction of the City Council of
the City of Waterloo, Iowa, the storm and sanitary sewer
improvements for Tower Park Lots 4 and 5, hereinafter legally
described, have been completed, the total ascertained to be the
sum of $27, 647 . 00 .
Lockard Development, Inc. and Grimes Port Jones Schwerdt
$12 , 643 . 00
Tower Park Lot 4, all in the City of Waterloo, Black Hawk
County, Iowa.
Lockard Development, Inc . and Grimes Port Jones Schwerdt
$15, 004 . 00
Tower Park Lot 5, all in the City of Waterloo, Black Hawk
County, Iowa.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA:
That after full consideration of the final schedule of
assessments and accompanying plat showing the assessments proposed
to be made for the storm and sanitary sewer improvements for Tower
Park - Lots 4 and 5, within the City, which final plat and
schedule was filed in the office of the City Clerk on the 22nd day
of March 1999, said assessments are hereby corrected by making the
following changes and reductions :
Name of Proposed Proposed Corrected Corrected
Property Final Final Final Final
Owner and Assessment Conditional Assessment Conditional
Description Deficiency Deficiency
of Property If Any
NONE
All other objections filed are hereby overruled; and after
full consideration, appraisement, and apportionment of the special
benefits conferred upon the properties shown on said schedule and
plat of the said improvements, this Council finds that the said
property is specially benefited by the said improvements in the
amounts shown on said schedule; as herein corrected; and that the
said amounts are in proportion to the special benefits conferred
upon the properties by said improvements, and are not in excess of
such benefits and are not in excess of 25% of the actual value of
the lots, parts of lots and parcels of land shown in said
schedule.
BE IT FURTHER RESOLVED that the said schedule of assessments
and accompanying plat, be and the same are hereby approved and
adopted and that there be, and is hereby assessed and levied, as a
special tax against and upon each of the lots, parts of lots and
parcels of land, and the owner or owners thereof liable to
assessment for the cost of said improvements, the respective sums
expressed in figures set opposite of each of the same on account
of the cost of the construction of the said improvements .
Provided further, that the amounts shown in said final schedule of
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Res'olutib No. 1999-160
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u,assessments as deficiencies are found to be proper and are levied
: conditionally against the respective properties benefited by the
improvements as shown in the schedule, subject to the provisions
='of Section 394 . 63, Code of Iowa. Said assessments against said
`, lots and parcels of land are hereby declared to be in proportion
i,of the ,special benefits conferred upon said property by said
cc'improvements, and not in excess thereof, and not in excess of 25%
,of the value of the same.
'c BE IT FURTHER RESOLVED that said assessment shall be payable
in ten equal annual installments and shall bear interest at the
rate of 8% per annum from the date of the acceptance of the
improvement, March 22, 1999, the first installment of each
assessment, with interest on the whole assessment from date of
acceptance of the work by the Council, shall become due and
payable on July 1, 1999, succeeding annual installments, with
interest on the whole unpaid amount, shall respectively become due
on July 1st annually thereafter, and shall be paid at the same
time and in the same manner as the September semi-annual payment
of ordinary taxes. Said assessments shall be payable at the
office of the County Treasurer of Black Hawk County, Iowa, and the
same may be paid there or at the office of the City Clerk in full
or in part and without interest within thirty days after the date
of the certification of the plat and schedule of assessments to
the County Treasurer of Black Hawk County, Iowa.
BE IT FURTHER RESOLVED that the Clerk be and she is hereby
directed to certify said final plat and schedule to the County
Treasurer of Black Hawk County, Iowa.
PASSED AND ADOPTED this 22nd day of March, 1999 .
Joh R. R off, Mayor
ATTEST:
rG A4-
Nancy Eckert, City Clerk