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HomeMy WebLinkAboutResolution 75-1991 RESOLUTION NO. 75-91 RESOLUTION DIRECTING PREPARATION OF ASSESSMENT ROLL, DIVIDING ASSESSMENTS INTO INSTALLMENTS, AND PROVIDING FOR THE COLLECTION THEREOF SIDEWALK ASSESSMENT 1991-4SWA 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 City Finance Officer. 2 . A contract for Sidewalk Improvement No. 1991-4SWA 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 $ 1, 378 . 65 Assessed Work 21, 852 . 50 Engineering and Inspection 1, 311. 14 TOTAL EXPENSE $24 , 542 . 19 4 . The total cost of said improvement shall be paid as follows: Assessable Costs $23 , 163 . 54 City Costs 1, 378 . 65 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�) . �F � and approved this 24th day of September, 1991. •�`y�''� ��'ya ` � �T� a .�/�'2�.., 1 c � _ �g C �: -_ �' Mayor ti � \ Fin ficer