HomeMy WebLinkAbout27382 RESOLUTION NO . 27382
(CONTRACT NO. 176)
RESOLUTION ADOPTING AND LEVYING FINAL
SHCEDULE OF ASSESSMENTS , AND PROVIDING
FOR THE PAYMENT THEREOF
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO , IOWA:
That after full consideration of the final schedule of assess-
ments and accompanying plat showing the assessments proposed to be
made for the construction of the Waterloo , Iowa, F.Y. 1980 Paving Program
No . 1 - Contract No . 176 , within the City, under the contract with
Cedar Valley Corporation of Waterloo, Iowa, which final plat and
schedule was filed in the office of the Clerk on the 20th day of
November, 1980 ; said assessments are hereby corrected 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
NONE
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 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 bene-
fits 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 oppo-
site 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 schedule of 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 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 improvements ,
and not in excess thereof, and not in excess of 257 of the value of the
same.
BE IT FURTHER RESOLVED, that said assessments of $50. 00 or more
shall be payable in ten equal annual installments and shall bear
interest at the rate of ten per cent per annum, the maximum rate
permitted by law, from the date of the acceptance of the improvements ;
the first installment 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 Council , shall become due
and payable on July 1, 1981 ; 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 within thirty days after the
date of the certification of the plat and schedule of assessments 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 � + a
Waterloo Courier" , a newspaper printed wholly in the English lang- ,, m
uage , published in Waterloo, Iowa, and of general circulation in
Waterloo , Iowa, the first publication of said notice to be made c
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 G
a copy of said notice, said mailing to be on or before the date of c5
the second publication of the notice, all as provided and directed �� H by Code Section 384. 60 , Code of Iowa. H. CC H F,
WCO
es
BE IT FURTHER RESOLVED, that the Clerk is directed to cert fk E CD
the deficiencies for lots specially benefited by the improvement
v
as shown in the final schedule of assessments , to the County Auditar
for recording in the Special Assessment Deficiencies Book and to ' -th_:e_
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 period
specified by ordinance, a ;
1-71 rJ
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 behalf 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 24th day of November , 1980 .
Leo P . Rooff, May
ATTEST:
JF°
Larry P. Urger, ity Clerk