HomeMy WebLinkAboutResolution 102-1999 RESOLUTION NO. 102-99
RESOLUTION DIRECTING PREPARATION OF ASSESSMENT ROLL, DIVIDING
ASSESSMENTS INTO INSTALLMENTS, AND PROVIDING FOR THE COLLECTION TI�REOF FOR
STREET ASSESSMENT PROJECT 99-02STA(Esther Heights: David Cove, Martin Blvd., Rhonda Road.)
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 publica.tion of a Resolution of
Necessity for Street Assessment Project No. 99-02STA. 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 Street Assessment Project No. 99-02STA 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 his
office showing the total cost of said improvement as follows:
Contract price $ 99,499.53
Engineering, inspection, fiscal,
legal expense, publication 5.969.97
Tota1 Expense $105,469.50
4. The total cost of said improvement shall be paid as follows:
Assessable costs $105,469.50
5. There shall be made and filed in the office of the City Manager 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 ten(10) equal annual installments.
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 bome by the unpaid installments of the special assessment is ten percent
(10%).
Passed and approved this 29�'day of November, 1 .
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