HomeMy WebLinkAbout27406 RESOLUTION NO . 7'-/-o (n
(CONTRACT NO 208)
RESOLUTION ADOPTING AND LEVYING FINAL SCHEDULE 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
assessments and accompanying plat showing the assessments pro-
posed to be made for the construction of the Waterloo , Iowa,F.Y.
1981 San Marnan Frontage Road Paving Contract No . 208 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 4th day of December, 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 improve-
ments 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 assess-
ment for the cost of said improvements , the respective sums express-
ed in figures 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 schedule of assess-
ments 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 im-
provements 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 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 im-
provements ; the first installment of each assessment , or total a-
mount 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 in-
stallments ,with interest on the whole unpaid amount, shall re-
spectively 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
Waterloo Courier" , a newspaper printed wholly in the English lang-
uage,published in Waterloo, Iowa , and of general circulation in
Waterloo , Iowa, the first publication 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 assess-
ment 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 direct-
ed by Code Section 384. 60 , Code of Iowa.
BE IT FURTHER RESOLVED, that the Clerk is directed to certify
the deficiencies for lots specially benefited by the improvements ,
as shown in the final schedule of assessments , to the County Auditor
for recording in the Special Assessment 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 period specified by ordinance.
The Clerk is authorized and directed to ascertain the amount
of assessments remaining unpaid after the thirty day period a-
gainst 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 8th day of December, 1980 .
Leo P . Roof.f,Ma x
ATTEST:
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L'ar y!Aurg , y Clerk
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