HomeMy WebLinkAboutResolution 113-1994 RESOLUTION N0. 113-94
RESOLUTIOH DIRECTING PREPARATION OF ASSESSMENT ROLL, DIVIDIHG
ASSESSMENTS IHTO INSTALLMEHTS, AHD PROVIDIHG FOR THE COLLECTION
THEREOF FOR STREET AHD ALLEY ASSESSMEHT PROJECT 1994-02STA tAlley from
8th St - Seventh St between 8th - 9th Ave, Hammond Ave, Front St
Sidewalk (5th Ave - Main Ave) and 5th Ave Side�alk (3rd St - Front St)
BE IT RESOLVED by the Board of Commissioners of the City of
Brookings, South Dakota, as follors:
1. More than twenty days have elapsed since the adoption and
publication of a Resolution of Hecessity for Street and Al1ey
Assessment Pro�ect No. 1994-02STA. The referendum has not been
invoked, and no written protests against the making of said
improvement have been filed �ith the City Finance Officer.
2. A contract for Street and Alley Assessment Pro�ect No.
94-02STA has been duly executed, and the Board of Commissioners 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 S 82, 000. 00
Engineering, inspection,
fiscal, legal expense, publication 4. 500. 00
Total Expense S 86, 500. 00
4. The total cost of said improvement shall be paid as follows:
Assessable costs S 76, 500. 00
Paid by City 10, 000. 00
5. There shall be made and filed in the office of the City
finance Officer an assessment roll for said improvement. The
asaessments shall be on the basis of benefits upon each lot or tract
of land contiguous to the alley constituting said improvement.
6. The assessment shall be divided into ten ( 10) equal annual
installments.
7. Unlesa paid to the City Finance Officer in advance of
maturity, the aseesaments 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 inatallments of
the special assessment is ten percent t10%).
ed and approved this 29th day of November, 994.
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