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HomeMy WebLinkAbout074 - 01/07/1975 - RELATING TO THE CREATION AND ORGANIZATION OF STREET, WATER AND SANITARY SEWER DISTRICT NO 70 ORDINANCE No 74 , 1974 BEING AN ORDINANCE RELATING TO THE CREATION AND ORGANIZATION OF STREET, WATER AND SANITARY SEWER DISTRICT NO 70, PROVIDING FOR THE CONSTRUCTION OF IMPROVEMENTS THEREIN, AND AUTHORIZING THE ISSUANCE OF BONDS TO PAY THE COSTS OF CONSTRUCTION THEREOF WHEREAS, heretofore the necessary proceedings were instituted to create a special improvement district for the purpose of installing the improvements described on Exhibit "A" attached hereto (hereinafter sometimes referred to as "the improvements" ) for the benefit of the property described on Exhibit "A" , and WHEREAS, the City Council has received the necessary reports, given the required notice and held a hearing as required by the Ordinances of the City, and WHEREAS, the City Council is of the opinion that it is in the best interests of the City of Fort Collins to form said special improvement district NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS Section 1 That there is hereby created and organized an improvement district under and by- virtue of the provisions of Chapter 16 of the Code of the City of Fort Collins, to be known as Street, Water and Sanitary Sewer District No 70 (hereinafter sometimes referred to as "the district" ) com- prised of the property described on Exhibit "A" attached hereto Section 2 That the improvements to be constructed shall consist of the improvements described on Exhibit"A" attached hereto, all as more fully set forth in the map, plans and specifications heretofore submitted by the City Engineer and accepted by the City Council by resolution Section 3 That the total cost of such improvements stall not exceed by more than five per cent (50) the City Engineer' s estimate heretofore accepted of $124 , 880 00 exclusive of the expense of collection, legal, advertising, engineering, financing, interest during construction and other incidentals, and that said total cost together with such expense of collection, legal, advertising, engineering, financing, interest during construction and other incidentals 13% of the cost of such improvements) shall be assessed against the property in said district in the manner set forth on Exhibit "A" attached hereto in accordance with the provisions of Chapter 16 of the Code of the City of Fort Collins Section 4 That the City Council has, pursuant to notice duly mailed and published, all as provided in Chapter 16 of the Code of the City of Fort Collins, considered all complaints and ob3ections made and filed in writing by the owners of any real estate to be assessed or any persons interested, and the City Council further finds that all requirements of the ordinances of the City of Fort Collins respecting the organization of the district have been observed and compiled with in all respects, and it is hereby ordered that the improvements in the district as provided for in the map, plans and specifications heretofore adopted by the City Council be and they hereby are ordered to be constructed Section 5 Upon the taking effect of this ordinance, the Mayor is hereby authorized and empowered to advertise for bids for the construction of the improvements in accord- ance with the map, plans and specifications heretofore adopted, which advertisement shall be twice published in an official newspaper published in the City Said publications are to be at least a week apart, and the date for opening of bids shall not be less than ten (10) days after first publica- tion, and bids received under said advertisement shall be submitted to the Council for approval or re3ection Adver- tisements for bids shall comply with-, the requirements and be in accordance with the provisions of Chapter 16 of the Code of the City of Fort Collins Section 6 When the improvements herein authorized have been completed and the same approved and accepted by the City of Fort Collins , the costs as set forth above shall be Assessed upon the real property in said improvement district, all as hereinbefore set forth Section 7 This ordinance shall be irrepealable until the indebtedness herein provided for, whenever the same shall be created, shall have been duly paid, satisfied and discharged as herein provided Introduced, considered favorably on first reading, and ordered published this 19th day of December, 1974, and to be -2- presented for final passage on the day of January, 1975 May - - ---ATTEST", ram' Cit C er Passed and adopted on final reading this day of January, A D 1975. 1 v, - -' Mayor-----— ATTEST 4 r City Clerk r -3- EXHIBIT A ORDINANCE NO 74/ , 1974 STREET, WATER AND SANITARY SEWER DISTRICT NO 70 A Description of property specially benefited by the improvements to be installed in the district and to be assessed for the costs incurred in making said improvements All lots and lands abutting upon Swallow Drive from College Avenue west to the railroad tracks of the Colorado and Southern Railway Company B. Improvements to be installed in the district consist of The installation of curb, gutter, sidewalk, asphalt street pavement, street lighting, water lines and sanitary sewer lines C The cost of making the improvements in the district shall be assessed against the assessable property in the district as follows Upon all of the lots and lands abutting on the portion of Swallow Drive to be improved in propor- tion as the frontage of each lot or tract of land is to the frontage of all lots and lands so improved