HomeMy WebLinkAbout014 - 03/21/1974 - AMENDING SECTION 16-20 OF THE CITY CODE RELATING TO ASSESSMENTS FOR LOCAL IMPROVEMENTS ' 4e
ORDINANCE NO 1974
BEING AN ORDINANCE AMENDING SECTION 16-20
OF THE CODE OF THE CITY OF FORT COLLINS
RELATING TO ASSESSMENTS FOR LOCAL IMPROVEMENTS
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS
That Section 16-20 of the Code of the City of Fort Collins be,
and the same hereby is, amended to read as follows
"No property in the district shall be assessed for
any improvement in an amount exceeding one-half (1/2)
of such property's actual value For the purpose of
the within provision, the value of any property shall
be conclusively presumed to be three and one-third
(3-1/3) times said property's valuation for assessment
for general taxes for the year preceding the assessing
ordinance as shown on the records of the County Assessor,
Larimer County, Colorado The foregoing limitation on
assessments shall not apply in the case of any property
when all of the owners of such property expressly waive
the limitation in writing In the event a street is
improved as an arterial or feeder street rather than
as a residential street, the City Engineer shall compute
the extra expense caused by such streets being improved
as arterial or feeder rather than as residential, and
such portion of the cost shall be paid by the city at
large out of general revenues and shall not be assessed
against particular properties in the district The
city at large, out of general revenues, shall likewise
pay the cost of improving any street to a width greater
than forty (40) feet The determination made by the
City Engineer and approved by the City Council as to
the cost to be apportioned by reason of improving a
street as arterial or feeder rather than as residential
or improving to a width of more than forty (40) feet
shall be conclusive and not subject to attack in the
courts or otherwise "
Introduced, considered favorably on first reading, and ordered
published this day of yyj� � �� A D 1974, and to be
presented for final passage on the day of a.c��. I A D
1974
ATTEST
Mayor
City Clerk
w
Passed and adopted on final reading this '/ day of
A D 1974
ay-or
ATTEST
�V
City Clerk