HomeMy WebLinkAbout26778 RESOLUTION NO. 2 6 7 7 8
RESOLUTION ADOPTING AND LEVYING FINAL SCHEDULE OF
ASSESSMENTS, AND PROVIDING FOR THE PAYMENT THEREOF,
CONTRACT NO. 166.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA:
That after full consideration of the final schedule of assessments and ac-
companying plat showing the assessments proposed to be made for the construction
of the Waterloo, Iowa, F.Y. 1979 Paving Program No. 1 , Contract #166, within the
City, under contracts with Hurst Excavating, Inc. , of Waterloo, Iowa, (Section I),
with Irving F . Jenson Co. , Inc. , of Sioux City, Iowa, (Section II) , with Aspro,
Inc. , of Waterloo, Iowa, (Section III) , and with Assink Bros. , Inc. , of Cedar
Falls, Iowa, (Section IV) , which final plat and schedule was filed in the office
of the Clerk on the 28th day of January, 1980; said assessments are hereby cor-
rected by making the following changes and reductions:
NAME OF PROPOSED CORRECTED
PROPERTY FINAL FINAL
OWNER AND PROPOSED CONDITIONAL CORRECTED CONDITIONAL
DESCRIPTION FINAL DEFICIENCY, FINAL DEFICIENCY,
OF PROPERTY ASSESSMENT IF ANY ASSESSMENT IF ANY
And , after full consideration, appraisement and apportionment of the special
benefits conferred upon the properties shown in said schedule and plat of the
said improvements, this Council finds that the said property is specially bene-
fited 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 accompany-
ing 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 ass-
essment for the cost of said improvements, the respective sums expressed in figurE
set opposite to 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 sche-
dule of assessments as deficiencies are found to be proper and are levied condit-
ionally against the respective properties benefited by the improvements as shown
in the schedule, subject to the provisions of Section 384.63, Code of Iowa. Said
assessments against said lots and parcels of land are hereby declared to be in
proportion to the special benefits conferred upon said property by said improve-
ments, and not in excess thereof, and not in excess of 25% of the value of the
same.
BE IT FURTHER RESOLVED, that said assessments of $50.00 or more shall be pay-
able in ten equal annual installments and shall bear interest at the rate of 7%
per annum from the date of the acceptance of the improvements; the first install-
ment of each assessment , or total amount thereof, if it be less than $50.00, with
interest on the whole assessment from date of acceptance of the work by the Coun-
cil , shall become due and payable on July 1, 1980; 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 semiannual payment of ordinary taxes. Said assessments shall be
payable at the office of the Clerk, in full or in part and without interest withir
thirty days after the date of the certification of the plat and schedule of assess!
ments to the County Auditor of Black Hawk County, Iowa.
BE IT FURTHER RESOLVED, that the Clerk be and is hereby directed to certify
said final plat and schedule to the County Auditor of Black Hawk County, Iowa, and
to publish notice of said certification once each week for two consecutive weeks
in the Waterloo Courier, a newspaper printed wholly in the English language, pub-
lished in Waterloo, and of general circulation in Waterloo, Iowa, the first publi-
cation of said notice to be made within fifteen days from the date of the filing
of said schedule with the County Auditor, the Clerk shall also send by certified
mail to all property owners whose property is subject to assessment a copy of said
notice, said mailing to be on or before the date of the second publication of the
notice, all as provided and directed by Code Section 384. 60, Code of Iowa.
2 -
BE IT FURTHER RESOLVED, that the Clerk is directed to certify the deficienc-
ies for lots specially benefited by the improvements, as shown in the final sche-
dule of assessments, to the County Auditor for recording in the Special Assess-
ment Deficiencies Book and to the city official charged with responsibility for
the issuance of building permits. Said deficiencies are conditionally assessed
to the respective properties under Code Section 384.63 for the amortization per-
iod specified by ordinance.
The Clerk is authorized and directed to ascertain the amount of assessments
remaining unpaid after the thirty day period against which improvement bonds may
be issued and to proceed on behalf of the City with the sale of said bonds, to
select a date for the sale thereof , to cause to be prepared such notice and sale
information as may appear appropriate, to publish and distribute the same on be-
half of the City and this Council and otherwise to take all action necessary to
permit the sale of said bonds on a basis favorable to the City and acceptable to
the Council.
PASSED AND APPROVED this 28th day of January, 1980.
Leo P . Roof ,f, Mayor
ATTEST:
Tom Campbell , Acting City Clerk.
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