HomeMy WebLinkAbout151 - 12/05/1989 - ASSESSING THE COST OF IMPROVEMENTS IN THE OAKRIDGE SPECIAL IMPROVEMENT DISTRICT NO. 91 s
ORDINANCE NO. 151, 1989
OF THE COUNCIL OF THE CITY OF FORT COLLINS
BEING AN ORDINANCE ASSESSING THE COST OF
IMPROVEMENTS IN THE OAKRIDGE SPECIAL IMPROVEMENT DISTRICT
NO. 91 IN THE CITY OF FORT COLLINS, COLORADO
AND PROVIDING FOR THE PAYMENT AND COLLECTION THEREOF
WHEREAS, on August 4, 1987, the Council of the City of Fort Collins
(the "Council ") passed and adopted on final reading Ordinance No. 114, 1987
of the City, being an Ordinance (the "Creation Ordinance") creating the
OakRidge Business Park Special Improvement District No. 91 of the City (the
"District") for the purpose of installing the following improvements:
street pavement, curb, gutters, sidewalks, street lighting, landscaping,
landscaped median islands, water mains, sanitary sewer lines, storm
drainage improvements and other necessary appurtenances (the
"Improvements") in the City; and
WHEREAS, pursuant to the Creation Ordinance and the District
Engineering Report on file with the City Clerk of the City, the
Improvements have been fully acquired, constructed and installed; and
WHEREAS, on October 17, 1989, the Council adopted Resolution 89-171,
accepting the Improvements, receiving and accepting the Statement of Cost
of the District and the District Assessment Roll prepared by the Director
of Finance and the Director of Engineering of the City and ordering notice
of the proposed assessments to be published as provided in Section 22-88 of
the Code of the City; and
WHEREAS, said notice was duly published as provided in Resolution
89-171 and the date of November 21, 1989 was set for the hearing of
complaints or objections to the proposed district Assessment Roll ; and
WHEREAS, on November 21, 1989, the Council held a public hearing for
the purpose of hearing and determining any complaints or objections made in
writing by any owner of property to be assessed for the cost of the
District, which complaint or objection was filed in the office of the City
Clerk within thirty (30) days from the publication of the notice of the
proposed assessments; and
WHEREAS, all complaints or objections duly made and filed by such
property owners to the Council have been heard and considered by the
Council .
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1 . That the total cost of the District, including the cost of
construction, engineering, acquisition of existing improvements and
rights-of-way, interest accruing on the bonds issued to pay the cost of the
District from the date of the bonds through the effective date of this
Ordinance assessing the District, legal fees, publication, administration
fees, financing costs and other incidentals incurred in connection with the
District (but excluding the cost of collection which will be added to each
annual assessment by the County Treasurer or the Municipal Treasurer at the
time such assessment is due) is $2,057,245. 18. The amount or proportion of
the total cost of the District to be paid by other than special assessments
is $158,061.37. The balance of the total cost of the District,
$1,899, 183.81, is hereby assessed upon the real property in the District in
accordance with the resolutions and ordinances pertaining to the District
adopted by the Council and the provisions of Chapter 22 of the Code of the
City. The proportion of the total cost of the District to be assessed upon
each lot or tract of land in the District shall be as set forth on Exhibit
"A" attached hereto and incorporated herein by reference.
Section 2. All assessments made herein shall be due and payable
within thirty (30) days after the final publication of this ordinance
without demand, provided that all such assessments may, at the election of
the owners of the property assessed, be paid in thirteen (13) equal
principal installments, the first installment being due on the first day of
February, 1990, and on the 1st day of February of each year thereafter
until the full amount thereof has been paid, together with interest on the
unpaid principal at the rate of eight and five thousand two hundred and
ninety-nine ten-thousandths percent (8.5299%) per annum, said interest to
be payable at the time of the principal payments.
Section 3. The total principal component of the first installment is
expected to be $146,091.06. The total interest component of the first
installment is estimated to be $22,635.40, depending upon the actual date
of payment. The amount of each installment for individual parcels in the
District shall be the principal amount of assessment for each such parcel ,
as shown on Exhibit A, divided by thirteen (13) installments, plus a
proportionate amount of accrued interest together with any penalty interest
and collection fee required by law.
Section 4. Interest will begin to accrue January 9, 1990, and will
continue until the assessments are paid in full .
Section 5. In the case of such election to pay in installments as set
forth herein, the failure to pay any installment, whether of principal or
interest, when due shall cause the entire remaining principal balance and
accrued interest thereon to become due and collectible immediately and the
entire remaining principal balance and accrued interest shall draw penalty
interest at the rate of one and one-half percent (1 1/2%) per month or
fraction of a month until the day of the sale of the property as provided
in Chapter 22 of the City Code. At any time prior to the day of sale, the
owner may pay the amount of all unpaid installments together with accrued
interest thereon and penalty interest at one and one-half percent (1 1/2%)
per month or fraction thereof, and shall be restored to the right to pay in
installments in the same manner as if default had not occurred.
Section 6. All assessments made herein, together with all interest
thereon and penalties for default in payment thereof, shall be a lien in
the several amounts assessed against each property from the date of the
publication of the assessing ordinance and shall be a first and prior lien
over all other liens except general taxes in the same manner as general
taxes now provided by law.
Section 7. All complaints or objections duly made in writing and
filed with the City as provided in Chapter 22 of the City Code have been
heard and considered by the Council and the Council hereby finds and
determines that the assessments made herein are equitable and proper.
Section 8. All actions, legal or equitable, for relief against the
assessments made herein, whether based upon irregularities, jurisdictional
defects or other grounds, shall be commenced within thirty (30) days after
the final passage of this ordinance or else be thereafter perpetually
barred.
Section 9. All action (not inconsistent with the provisions of this
ordinance) heretofore taken by the City or its officers directed toward the
acceptance of District Improvements, the presentation and filing of the
Statement of District Costs and the District Assessment Roll , and the
ordering of Notice to property owners to be assessed and to persons
interested generally is hereby ratified, approved and confirmed.
Introduced, considered favorably on first reading, and ordered
published this 21st day of November, A.D. 1989, and to be presented for
final passage on the 5th day of December, A.D. 1989.
Mayor
AT S�l
1
City Clerk
Passed and adopted on final reading this 5th day of December, A.D. 1989.
Mayor
ATTEST:
City Clerk
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ATTACHMENT TO
EXHIBIT A
A tract of land situate in the Northwest 1/2 of Section 6,
Township 6 North, Range 68 West, of the Sixth P.M. , City of Fort
Collins, County of Larimer, State of Colorado, which, considering
the West line of the Northwest 1/4 of said Section 6 as bearing
North000 10, East and with all bearings contained herein relative
thereto, begins at a point which bears South 00010, West, 81 .00
feet, and again South089 37'23" East, 28.00 feet, and again North
45016'37" East. 12.70 feet, and again North045 16137" East, 57.90
feet, and again South 89037'23" East, 253.50 feet, and again
South 890 54'53" East, 198.00 feet, and again South 890 06'08"
East, 110000 feet, and again North 88056'07" East, 119.00 feet,
and again South 89052'53" East, 440.00 feet, and again South 890
37'23" East, ''18.42 feet, and again South 00022'37" 'West, 105.00
feet, and again along the arc of a 323.49 foot radius curve to
the left a distance of 62. 11 , the long chord of which bears South
05 007'23" East, 42.01 feet, and again South 10037'23" East,
150.00 feet, sna again along the arc of a 1425.88 foot radius
curve to the right a distance 518.97 feet, the long chord of
which bears South000 11 '47" East, 516. 11 feet from the Northwest
Corner of said Section 6, and runs thence, South 51050' East,
135.00 feet; thence, South 210 38' East, 170.00 feet; thence,
South 43038' East, 295.34 feet to the South line of the North 1/2
of the Northwest 1/4 of said Section 6; thence along said South
line North 89050, West, 72.06 feet to the Northeasterly boundary
of Oak Ridge Business Park, Second Filing, thence along said
Northeasterly boundary North 420 45' West, 374.22 feet; and North
720 04'25" West, 87.82 feet to the east right-of-way of Wheaton
Drive; thence Northerly along said east right-of-way of Wheaton
Drive along the arc of a 810.00 foot radius non-tangent curve to
the left a distance of 44.51 feet, the long chord of which bears
North 16 21 '09" East, 44.50 feet; thence along the arc of a
1425.88 foot radius curve to the left a distance of 113. 18 feet,
the long chord of which bears North 12030' 16" East, 113. 15 feet
to the Point of Beginning, containing 0.889 acres.
and
A tract of ' and situate in the Northwest 1/4 of Section 6,
Township 6 North. Range 68 West, of the Sixth P.M. , City of Fort
Collins, County of Larimer,' State of Colorado, which, considering
the West line' of the Northwest 1/4 of said Section 6 as bearing
North 00010' East and with all bearings contained herein relative
thereto, begins at a point which bears, South 00010, West, 81 .00
feet, and again South 89037'23" East, 28.00 feet, and again North
45 16'37" East. 12. 70 feet, and again North 45° 16'37" East, 57.90
feet, and again South 89037'23" East, 253.50 feet, and again
South 890 54' 53" East,, 198.00 feet, and again South 890 06'08"
East, 110.00 feet, and again North 88056'07" East, 119.00 feet,
and again South 89052'53" East, 440.00 feet, and again South 89P
37'23" East, 118.42 feet from the Northwest c^--er of said
Section 6, and runs thence. South000 22'37" West. _J5.00 feet;
2-
thence along the arc of a 323.49 foot radius curve to the left a
distance of 62.11 feet, the long chord of which bears, South O50
07'23" East, 62.01 feet; thence, South° 10 37'23" East, 150.00
feet; thence along the arc of a 1425.88 foot radius curve to the
right a distance of 518.97 feet, the long chord of which bears
South 000 11'47" East, 516. 11 feet; thence, South 51 50' East,
135.00 feet; thence, South 210 38' East, 170.00 feet; thence,
South 430 38' East, 17.99 feet; thence, North 1083.37 feet;
thence, North 890 37'23" West, 215.51 feet to the Point of
Beginning, less the east tract for signs recorded with Larimer
County Clerk and Recorder, Reception Number 86007388, containing
a net acreage of 3.704 acres.
and
A part of the North 1/2 of Section 6, Township 6 North, Range 68
West, of the Sixth P.M. , City of Fort Collins, County of Larimer,
State of Colorado. which begins at a point on the south
right-of-way line of Colorado State Highway No. 68 (Harmony Road)
which bears South 00021 '27" East, 28.01 feet from the North 1/4
corner of said Section 6, and runs thence along said south
right-of-way line, South 89040153" East, 655.70 feet; and again
South 880 41'08" East, 115.00 feet; and again South 870 10'53"
East, 493.30 feet; and again South 84 031'53" East, 29.70 feet;
and again South 810 09'23" East, 93.76 feet to the westerly
right-of-way line of the Union Pacific Railroad; thence along
said westerly right-of-way line on the arc of a 3744.83 foot
radius curve to the right a distance of 326.76 feet, the long
chord of which bears South 12000134" West 326.66 feet; and again
South 140 30'38" West, 947. 10 feet; and again North 89048'22"
West, 25.81 feet; and again South 14030'38" West, 1285.81 feet;
thence, North 750 29'22" West, 262. "5 feet; thence North 66014'
West, 370.00 feet; thence, North028 42' West, 455.00 feet; thence
North 57026' West, 395.00 feet; thence North 43038' West, 885.00
feet; thence North 21038' West 170.00 feet; thence, North 51o50'
Test, 135.00 feet; thence, ''West 250.00 feet; thence, North 5:� 37'
.Jest, 215.00 feet; thence, North 012 20' West, 240.00 feet;
thence, North 000 22'37" East, 469.77 feet; to the South
right-of-way line of said Colorado State Highway No. 68; thence
along said south right-of-way line, South 89052153" East, 318.57
feet; and again South 89037'23" East, 1030.67 feet; thence, South
00021'27" East, 303.99 feet; thence, South 89037'23" East, 313.50
feet; thence, North 00021'27" West, 301 .99 feet to the point of
beginning;
EXCEPT that portion of the above legal description dedicated as
streets and easements, as contained in instrument recorded
anuary 29, 1985 as Reception No. 854816.
AND EXCEPT;
A part of the North 1/2 of Section 6, Township 6 North, Range 68
West, of the Sixth P.M. , Fort Collins, Colorado, which begins at
a point on the South right-of-way line of Harmony Road which
3-
bears South 00021'27" East, 28.01 feet from the North 1/4 corner
of said Section 6, and runs thence, South 89040153" East, 655.70
feet; thence, South 880 41'08" East, 115.00 feet; thence South 870
10'53" East, 489.06 feet; thence, South O11 18'25" West, 287. 13
feet, and again South 140 30'38" West, 991.38 feet, and again
North 890 57159" East, 103.31 feet, and again South 140 30'38"
West, 1298.74 feet; thence, North 75029'22" West, 262.76 feet;
thence, North 66 014' West, 370.00 feet; thence North 28042' West,
455.00 feet; thence, North 570261 West, 395.00 feet; thence,
North 43038' West, 885.00 feet; thence, North 21038' West, 170.00
feet; thence, North 51050' West, 135.00 feet; thence, West 250.00
feet; thence, North 53037' West, 215.00 feet; thence, North 120
20' West, 240.00 feet; thence, North 00 012'37" East, 469.77 feet
to the South right-of-way line of Harmony Road; thence, South 890
52153" East, 318.57 feet; thence, South 89037'23" East, 1030.67
feet; thence, South 00021'27" East, 303.99 feet; thence, South 890
37'23" East, 313.50 feet, thence, North 00021'27" West, 301.99
feet to the point of beginning.
and
A part of the North 1/2 of Section 6, Township 6 North, Range 68
West, of the Sixth P.M. , Fort Collins, Colorado, which begins at
a point on the south right-of-way line of Harmony Road which
bears South 00021'27" East, 28.01 feet from the North 1/4 corner
of said Section 6, and runs thence South 89040153" East, 655.70
feet; thence, South 88041'08" East, 115.00 feet; thence, South 870
10'53" East, 489.06 feet; thence, South 11018'25" West, 287. 13
feet, and again South 140 30'38" West, 991 .38 feet, and again
North 890 57'59" East, 103.31 feet, and again SouthO14 30'38"
West, 1298.74 feet; thence, North 75 029'22" West, 262.76 feet;
thence, North 66014' West, 370.00 feet; thence, North028 42'
West, 455.00 feet; thence, NorthO 57 26' West, 395.00 feet;
thence, North043 38' West, 885.00 feet; thence, North 210 38'
West, 170.00 feet; thence, North 51050, West, 135.00 feet; thence
West 250.00 feet; thence, North 53037' West, 215.00 feet; thence,
North 12020' West, 240.00 feet; thence, North 00022'37" East,.
469.77 feet to the south right-of-way line of Harmony Road;
thence, South 89052153" East, 318.57 feet; thence, South 89037
23' East, 1030.67 feet; thence, South 000 21127" East, 303.99
feet; thence, South 89037'23" East, 313.50 feet; thence, .North 000
21'27" West, 301 .99 feet to the point of beginning,
EXCEPT FOR;
A tract of land situate in the Northwest 1/4 of Section 6,
Township 6 North, Range 68 West of the 6th P.M. , Fort Collins,
Colorado, which considering the North line of the said Northwest
1/4 as bearing South 89037'23" East and with all bearings
contained herein relative thereto is contained within the
boundary lines which begin . at a point on the South line of
Colorado State Highway No. 68 which bears South 00 010'37" West,
81.00 feet and again South 89037'23" East, 28.00 feet and again
North 45016'37" East, 70.60 feet and again South 89037123" East,
4-
253.50 feet and again South 89054'53" East, 198.00 feet and again
South 89006'08" East, 110.00 feet and again North 88056'07" East,
119.00 feet and again South 89052'53" East, 121.43 feet from the
Northwest corner of said Section 6 and run thence, South 890
52'53" West, 318.57 feet and again South 89037'23" East, 333.93
feet; thence, South 1083.37 feet; thence North 43038' West, 17.99
feet; thence, South 210 38' West, 170.00 feet; thence, North 510
50' West, 135.00 feet; thence, West 250.00 feet; thence, North 530
37' West, 215.00 feet; thence, North 12020' West, 240.00 feet;
thence, North 000 22'37" East, 469.77 feet to the point of
beginning.
And except Oakridge Business Park Seventh Filing, Oakridge
Business Park Ninth Filing, and Oakridge Village Seventh Filing.
A net area of approximately 71 .896 acres.
and
A tract of land situate in the West 1/2 of Section 6, Township 6
North, Range 68 West, of the Sixth P.M. , City of Fort Collins,
County of Larimer, State of Colorado, which, considering the West
line of the Northwest 1/4 of said Section 6 as bearing North 00
10' East and with all bearings contained herein relative thereto,
begins at a point which bears South 00010, West, 81.00 feet, and
again South 89037'23" East, 28.00 feet, and again North 45016'37"
East, 12.70 feet, and again North 45016'37" East, 57.90 feet, and
again South 89037'23" East, 253.50 feet, and again South 890
feet, and tagain8.00 NortheL880 56'07aiE East South
1119.00eet, no'f 110.00
again
South 890 52'53" East, 440.00 feet, and again South 89 37'23"
East, 118.42 feet, and again South 00022'31" West, 105.00 feet;
and again along the arc of a 323.49 foot radius curve to the left
a distance of 62.11, the long chord of wk ich bears South 050
07'23" East, 62.01 feet, and again South 1017'23" East, 150.00
feet, and again along the arc of a 1425.88 foot radius curve to
the right a distance of 632. 15 feet, the long chord of which
bears South 02004'40" West, 626.99 feet and again along the arc
of a 810.00 foot radius curve to the right a distance of 256. 19
feet, the long chord of which bears South 23° 50'21" West, 255.21
feet; and again North 57 06' West, 6.00 feet and again South 320
54' West, 88.33 feet from the Northwest corner of said Section 6
to the most westerly corner of Oak Ridge Business Park, Second
Filing, Lot 1 ; and runs South 32054' West, 485.44 feet; thence
along the arc of a 1262.40 foot radius curve to the left a
distance of 1235.83 feet, the long chord of which bears South 04
51' 19" West, 1187.07 feet to the north boundary of Oakridge
Village, Sixth Filing; thence along the boundary of said Oakridge
Village, Sixth Filing, North 59018'00" East, 216.63 feet, and
North 740 03'39" East, 735.76 feet; and North 89 018'00" East,
393.25 feet; and the arc of a 1356.94 foot radius non-tangent
curve to the left a distance of 161.06. feet, the long chord of
which bears South 12036110" West, 160.97 feet; and South 090
12'09" West, 118.25 feet, and along the arc of a 15.00 foot
-5-
r
radius curve to the right a distance of 22.69 feet, the long
chord of which bears South 52032'23" West, 20.59 feet to a point
of cusp; thence along the arc of a 830.00 foot radius curve to
the right a distance of 96.31 feet, the long chord of which bears
South 80047'56" East, 96.26 feet to a point of cusp; thence along
the arc of a 15.00 foot radius curve to the right a distance of
22.69 feet, the long chord of which bears North 340081104 West,
20.59 feet; thence, North 09012'09" East, 118.25 feet; thence
along the arc of a 1288.94 foot radius curve to the right a
distance of 661.33 feet, the long chord of which bears North 230
54105" West, 654.10 feet; thence, North 38036100" East, 143.19
feet; thence along the arc of a 644.00 foot radius curve to the
left a distance of 11.29 feet, the long chord of which bears
North 380 05'53" East, 11.29 feet; thence, North 28042' West,
48. 14 feet; thence, North 57026' West, 395.00 feet; thence, North
43038' West, 589.66 feet to the south line of the North 1/2 of
the Northwest 1/4 of said Section 6; thence along said south line
North 89050, 'West, 72.06 feet to the boundary of said Oak Ridge
Business Park, Second Filing; thence along said boundary of Oak
Ridge Business Park, Second Filing, South 42045' East, 102.35
feet; and South 47015, West. 112.00 feet; and South 02015' West,
89.10 feet; and South 47015' West, 151 .00 feet; and North 42045'
West, 521 .54 feet to the Point of Beginning, less dedicated
street right-of-way, containing a net acreage of 37.942 acres.
-XCEPT Oakridge Village Eighth Filing.