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HomeMy WebLinkAboutResolution 09-1994 RESOLUTION H0. 09-94 RESOLUTIOH DIRECTING PREPARATION OF ASSESSMEHT ROLL, DIYIDIHG ASSESSMEHTS INTO IHSTALLMEHTS, AND PROVIDING FOR THE COLLECTION THEREOF FOR STREET ASSESSMENT PROJECT NO. 93-02STA (Paving of Parkway Blvd. , 17th Ave. So. from 6th Str. to 12th Str. So. , 12th Str. So. from 150' West of 17th Ave. to the Eset 1326' Deer Pass and Cardinal Drive) BE IT RESOLVED by the Board of Commissioners of the City of Brookings, South Dakota, as follows: 1. More than trrenty days have elapsed since the adoption and publication of a Resolution of Hecessity for Street Assessment Pro�ect No. 932-028STA. The referendum has not been invoked, and no rritten protests against the making of said improvement have been filed r►ith the City Finance Officer. 2. A contract for Street Asseasment Pro�ect No. 93-02STA has been duly executed, and the Bosrd of Commissioners is suthorized to levy special assesements 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 (including change order 5117, 783. 01 Engineering. inspection, fiscal, legal expense, publication 5. 452. 31 Total Expense 5123, 235. 32 4. The total cost of said improvement shall be paid as followa: Asseseable costs 5 96, 324. 22 I� Street Extra Width & Thickness 26. 911. 10 5123, 235. 32 5. There shell be made and filed in the office of the City F'inance Officer an assessment roll for said improvement. The assessments shall be on the basis of benefite upon each lot or tract of land contiguous to the streets constituting said improvement. 6. The assessment shall be divided into ten (10) equal annual installments. 7. Unless paid to the City Finance Officer in advance of maturity, the assessmente shall be collected by the City Finance Officer 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 18th day of January, 1994. ATTES''f,r���;f� �'t'� . ��V� ' .^ � `` Mayor �� - v .� ;. Financ Officer