HomeMy WebLinkAboutResolution 74-1991 RESOLUTION NO. 74-91
RESOLUTION DIRECTING PREPARATION OF ASSESSMENT ROLL,
DIVIDING ASSESSMENTS INTO INSTALLMENTS, AND
PROVIDING FOR THE COLLECTION THEREOF
SIDEWALK ASSESSMENT 1990-2SWA
BE IT RESOLVED by the Board of Commissioners of the City of
Brookings, South Dakota, as follows:
1. More than twenty days have elapsed since the adoption and
publication of a Resolution of Necessity for Sidewalk Improvement No.
1990-1SWA and the referendum has not been invoked and no written
protests against the making of said improvement have been filed with the
Cit Finance Officer.
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2 . A contract for Sidewalk Improvement No. 1990-2SWA has been
duly executed and the Board of Commissioners is authorized to levy
special assessments pursuant to the provisions of Chapter 9-46, 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:
City Paid Work $30, 432 . 35
Assessed Work 49, 260. 60
Engineering and Inspection 2 ,955. 64
TOTAL EXPENSE $82, 648. 59
4 . The total cost of said improvement shall be paid as follows:
Assessable Costs $52 , 216. 24
City Costs 30, 432 . 35
5. There shall be made and filed in the office of the City
Finance Officer an assessment roll for said improvement. The assessment
shall be on a square foot basis.
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 Finance Officer in advance of
maturity, the assessments 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 is
ten percent (10�) .
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F�+s and approved this 24th day of September, 1991.
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