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HomeMy WebLinkAbout1978-073-09/19/1978-ADOPTING THE REPORT OF THE CITY ENGINEER ON THE ESTIMATES, COSTS AND ASSESSMENTS FOR STREET LIGHTING RESOLUTION 78-73 OF THE COUNCIL OF THE CITY OF FORT COLLINS ADOPTING THE REPORT OF THE CITY ENGINEER ON THE ESTIMATES, COSTS AND ASSESSMENTS FOR STREET LIGHTING IMPROVEMENT DISTRICT NO. 5, APPROVING THE DETAILS AND SPECIFICATIONS FOR SUCH PROPOSED DISTRICT, DETERMINING THE AMOUNT OR PROPORTION OF THE TOTAL COST TO BE PAID BY A METHOD OTHER THAN ASSESSMENTS AGAINST PROPERTY IN THE DISTRICT, THE NUMBER OF INSTALLMENTS AND THE TIME WITHIN WHICH THE COST OF THE IMPROVEMENTS ASSESSED AGAINST PROPERTY IN THE DISTRICT WILL BE PAYABLE, THE RATE OF INTEREST TO BE CHARGED ON UNPAID INSTALLMENTS, THE PROPERTY TO BE ASSESSED FOR THE IMPROVEMENTS, THE METHOD OF MAKING SUCH ASSESSMENTS, AND THE DATE WHEN THE COUNCIL WILL HOLD A HEARING AND CONSIDER THE ORDERING BY ORDINANCE OF THE PROPOSED IMPROVEMENTS WHEREAS, heretofore the City Council by resolution directed the City Engineer to make a complete survey of proposed Street Lighting Improvement District No. 5, including the preparation of a map, plans and specifications, and estimate of cost of the improvements in said proposed district; and WHEREAS, the City Engineer has made his report and has presented the details and specifications for the proposed district. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS: Section 1. That the report, plans, specifications, map and estimate as presented by the City Engineer for said district be and the same hereby are accepted and approved. Section 2 The following amount or proportion of the total cost of such improvements shall be paid by the City at large and not by assessments against property in the district, to-wit: $5,723 85. Section 3. The property to be assessed for the improve- ments shall be as follows All properties abutting upon Prospect Street from Lemay Avenue to Circle Drive. Section 4. Assessments for the cost of installing the improvements in the district will be made as follows- The cost of the improvements to be installed will be assessed 1� i upon all lots and lands abutting on the portion of Prospect Street to be improved in proportion as the frontage of each lot or tract of land is to the frontage of all lots and lands abutting on this portion of Prospect Street, excluding intersecting street right of way. Section 5. Said assessments shall be payable in ten (10) equal annual installments, with interest on the unpaid installments at the rate of eight percent (8%) per annum. Section 6. That on the 7th day of November, 1978, at the hour of 5.30 o'clock P.M. , or as soon thereafter as the matter may come on for hearing, in the Council Chambers of the City Hall, City of Fort Collins, is the date on which the Council of the City of Fort Collins will consider the ordering by ordinance of the proposed improvements and hear all complaints and ob3ections that may be made and filed in writing concerning the proposed improvements by the owners of any real estate to be assessed or any persons interested generally. Section 7. The City Clerk be and she hereby is directed to give notice by publication and mailing to the owners of property to be assessed and to all interested persons generally, all as set forth in Chapter 16 of the Code of the City of Fort Collins. Passed and adopted at a regular meeting of the City Council held this 19th day of September, 1978. ► 4esl VrayorO sist nt City Clerk -2- NOTICE TO THE OWNERS OF PROPERTY TO BE ASSESSED IN STREET LIGHTING IMPROVEMENT DISTRICT NO 5 AND TO ALL INTERESTED PERSONS OF THE RINDS OF ME IMPROVENTS PROPOSED, THE NUMBER OF INSTALLMENTS, AND THE TIME IN WHICH THE COST OF SUCH IMPROVEMENTS WILL BE PAYABLE, THE RATE OF INTEREST TO BE PAID ON UNPAID AND DEFERRED INSTALLMENTS, THE EXTENT OF THE DISTRICT TO BE IMPROVED, THE PROBABLE COST AND THE MAXIMUM COST TO BE ASSESSED, THE TIME WHEN THE CITY COUNCIL WILL CONSIDER ORDERING BY ORDINANCE THE PROPOSED IMPROVEMENTS AND BEAR COMPLAINTS AND OBJECTIONS, AND THAT A MAP OF THE DISTRICT AND DETAILS CONCERNING THE SAME ARE ON FILE AND CAN BE SEEN IN THE CITY CLERK'S OFFICE Public notice is hereby given to persons interested and p to owners of property to be assessed in Street Lighting Improvement District No. 5 that the kind of improvements proposed for said district is: street lighting, and that the cost of said improvements as assessed will be payable in ten (10) equal annual installments and that the rate of interest to be paid on unpaid and deferred installments will be eight percent (8%) per annum and that the extent of the district to be improved is as follows: East Prospect Street from Lemay Avenue to Circle Drive; and that the probable cost of said improvements as shown by the total estimate of the City Engineer is $10,517.00, exclusive of the cost of collection, legal, advertising, engineering, financing, interest and other incidentals and that to said cost will be added an amount equal to thirteen percent (138) of such cost to cover the expense of collection, legal and advertising, engineering, financing, interest during construction, and other incidentals and that assessments for the cost of such improvements within the district will be made as follows- The cost of the improvements to be installed will be assessed upon all lots and lands abutting on the portion of Prospect Street to be improved in proportion as the frontage of each lot or tract of land is to the frontage of all lots and lands abutting on this portion of Prospect Street, excluding intersecting street right of way; and that the maximum cost to be assessed, exclusive of the cost of collection, legal and advert3.s3.ng, engineering, financing, interest during construction, and other incidentals, is as follows: $4,793.15 (subject to increase by an amount not to exceed 5% as provided in Section 16-8 of the Code of the City of Fort Collins) to be assessed at the rate of $ 91 per abutting front foot of property adjoining Prospect Street (subject to increase of not to exceed 58 if the total assessment is increased as provided in the referenced section of the City Code) ; and that on the 7th day of November, 1978, at the hour of 5:30 o'clock P.M. , or as soon thereafter as the matter may come on for hearing in the Council Chambers in the City Hall, Fort Collins, Colorado, is the date that the City Council will consider the ordering by ordinance of the proposed improvements and hear all complaints and objections that may be made and filed in writing by the owners of any property to be assessed or persons interested generally. All complaints or objections should be made in writing and -2- filed in the office of the City Clerk in the City Hall before said date; and That a map of the district and estimates of cost, schedules showing the approximate amount to be assessed upon the several lots or parcels of land within the district and all proceedings of the City Council in the premises are on file and can be seen and examined in the City Clerk's office during business hours at any tame before said hearing. Dated at Fort Collins, Colorado, this 19th day of September, A.D. 1978. City (Note: to be published once a week for two successive weeks (three weeks) , the first publication to be at least thirty days and no more than sixty days before the date of hearing, and to be mailed to the last known address of each owner of property to be assessed in the district as shown by the real property assessment rolls of the County) . -3-