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HomeMy WebLinkAboutResolution 18-002 Resolution 18-002 Resolution Directing Preparation of Assessment Roll, Dividing Assessments into Installments, and providing for the collection thereof for Alley Assessment Project 2017-05STA, Alley from 15t Street South to 2"d Street South between 5tn Avenue South and 6t" Avenue South Be It Resolved by the City Council of the City of Brookings, South Dakota, as follows: 1. More than twenty days have elapsed since the adoption and publication of Resolution of Necessity 16-103 for Alley Assessment Project 2017-05STA. The referendum has not been invoked, and no written protests against the making of said improvement have been filed with the City Manager. 2. A contract for Alley Assessment Project 2017-05STA has been duly executed, and the City Council is authorized to levy special assessments pursuant to the provisions of chapter 9-43, SDCL 1967, as amended. 3. The City Engineer has caused an estimate of the expense of the work to be made and filed in her office showing the total cost of said improvement as follows: Final contract price: $33,317.05 Engineering, inspection, fiscal, legal expense, publication $1,761.69 Total Expense $35,078.74 4. The total cost of said improvement shall be paid as follows: Assessable costs $29,361.50 City costs: sidewalk & alley approach $3,955.55 5. There shall be made and filed in the office of the City Clerk an assessment roll for said improvement. The costs for the alley shall be assessed against all abutting lots and tracts of land on the basis of front foot upon each lot or tract of land contiguous to the alley constituting said improvement. 6. The assessment for all assessable properties shall be divided into five (5) equal annual installments and interest of ten (10) percent per annum shall accrue on the unpaid balance of the assessment. 7. Unless paid to the City in advance of maturity, the assessments shaff be collected by the City Manager in accordance with the procedure for Plan One in Chapter 9-43, SDCL 1967, as amended. Passed and approved this 9t" day of January, 2018. CITY OF BROOKINGS �dr�d�Q�y�� �/�L�l/�/���� ��.��A�T���: Keith W. Corbett, Mayor �x� 6 ` '�i as��d� .��� --�—�---- y,,1``, •r a�i-fihornes, City Clerk