HomeMy WebLinkAboutResolution 086-2009 Resolution No. 86-09
Resolution Directing Preparation of Assessment Roll, Dividing Assessments into
Installments, and Providing for the Collection Thereof for Street Assessment Project 2008-
03STA Downtown Streetscape Project
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 publication of Resolution No. 11-08,
A Resolution of Necessity for Street Assessment Project No. 2008-03STA. 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. 2008-03STA 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 her
office showing the total cost of said improvement as follows:
Assessment cost $288,583.27
Engineering,inspection, fiscal,legal expense,publication $ 17314.99
Total Expense $305,898.26
4. The total cost of said project is as follows:
Bid Schedule No. 1 Base Bid $3,687,292.50
City Assumed Cost $3,398,709.23
Assessment Cost $288,583.27
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 borne by the unpaid installments of the special assessment is zero percent
(0%).
Passed and approved this 22nd day of September,2009.
CITY OF BROOKINGS, SD
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�'tSRF� '10 Tim Reed,Mayor
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ari Thorns, City Clerk