HomeMy WebLinkAboutResolution 18-003 Resolution 18-003
Resolution Directing Preparation of Assessment Roll, Dividing Assessments into
Installments, and Providing for the Collection thereof for Sidewalk Assessment,
Project 2017-01SWR (2017 Sidewalk Repairs)
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
16-045 and Resolution 17-061, Resolution Determining the Necessity of Repairing or
Installing Sidewalks for Sidewalk Assessment Project No. 2017-01SWR. 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 Sidewalk Assessment Project No. 2017-01 SWR 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 City Hall showing the total cost of said improvement as follows:
Contract price $207,585.91
Engineering, inspection, fiscal,
legal expense, publication $ 2,030.15
Total Expense $209,616.06
4. The total cost of said improvement shall be paid as follows:
City Repair Costs $173,750.11
Assessable costs $ 33,835.80
5. There shall be made and filed in the office of the City Clerk an assessment roll for said
improvement. The assessments shall be on the basis of benefits upon each lot or tract of
land contiguous to the sidewalk constituting said improvement.
6. The assessment shall be divided into five (5) equal annual installments for all amounts
over $300.00. For amounts of$300.00 or less, the entire assessment shall be due.
7. Unless paid to the City in advance of maturity, the assessments shall be collected by the
City Manager in accordance with the procedure for Plan One in Chapter 9-43, SDCL 1967,
as amended.
8. The interest rate to be borne by the unpaid installments of the special assessment is ten
percent (10%).
Passed and approved this 9th day of January, 2018.
CITY OF BROOKINGS
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ys"�m�'�`�„�41'��ST: Keith W. Corbett, Mayor
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�.� ri Thornes, City Clerk