HomeMy WebLinkAbout1980-060-04/29/1980-ADOPTING THE REPORT OF THE CITY ENGINEER ON THE ESTIMATES, COSTS AND ASSESSMENTS FOR SIDEWALK IMPRO RESOLUTION 80-60
OF THE COUNCIL OF THE CITY OF FORT COLLINS ADOPTING
THE RFPORT OF THE CITY ENGINEEk ON THE ESTIMATES,
COSTS AND ASSESSMENTS FOR SIDE14ALK iMPROVEhENT
DISTRICT NO 8, APPROVING THE DETAILS AND SPECIFICA-
TIONS FOR SUCH PROPOSED DISTRICT, DETERMINING THE
AhOUNT OR PROPORTION OF THE TOTAL COST TO BE PAID BY
A METHOD OTHFR THAN ASSESSMENTS AGAINST PROPERTY IN
THE DISTRICT, THE NUMBER OF INSTALLMENTS AND THE TINE
WITHIN WHICH THE COST OF THE IMPROVEP'ENTS ASSESSED
AGAINST PROPERTY IN ThE DISTRICT WILL BE PAYABLE, ThE
PATE OF INTEREST TO BE CHARGED ON UNPAID INSTALL-
MENTS, THE PROPERTY TO BE ASSESSED FOR THE IMPPOVE-
MENTS, THE METHOD OF MAKING SUCH ASSESSMENTS, AND THE
DATE WHEN THE COUNCIL WILL HOLD A HEARING AND CON-
SIDER THE ORDERING BY OPDINANCE OF THE PROPOSED
IfIPROVEMENTS
WHEREAS, heretofore the City Council by Resolution directed the City
Enqineer to make a complete survey of proposed Sidevalk Improvement Dis-
trict No 8, including the preparation of a riap, plans and specifications,
and estimate of the cost of the improvements in said proposed district,
and
WHEREAS, the City Enqineer 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, rrap ano estimate
as presented by the City Engineer for saio district be, and the same hereby
are, accepted and approved
Section 2 The following amount or proportion of the total cost of
such improverients shall be paid by the City at larqe and not by assessments
aqainst property in the district, to-wit lhirty-Four Thousand Two Hunared
Twenty-Sever Dollars ($34,227 00)
Section 3 The property to be assessea for the improvements shall be
as follows The property adjoining and abutting on the public right-of- ray
in which the sidewalk is installed
Section 4 Assessments for the cost of installinq the improvements in
the district ,ill be made as follows Upon the lots and lands abuttiric the
right-of-way in of ich the sidewalk is installcC in proportion a- the
frontage of eacri lot or tract of land is to the frontage of all lots anc;
lands so improved
Section 5 Said assessments shall be payable in ter, ( 10) equal annual
installments, kith interest on the unpaid installments at a rate equal to
the coupon rate on bonds issued for this purpose, not to exceed fifteen
percent (15%) per annum
Section 6 That on the 3rd clay of June, 1980, 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 proposeo improvements and hear all complaints and
objections that may be mane 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 mailinq 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 an adjourned meetinq of the City Council held
this 29th day of April , 1980 OQO
hkayor
ATT T
i y Cler
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NOTICE
TO THE OWNERS OF PROPERTY TO BE ASSESSED IN SIDEWALK
IhPROVEMENT DISTRICT NO 8 AND TO ALL INTERESTED
PERSONS OF THE KINDS OF IMPROVEMENTS 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 IN-
STALLNIEivTS, THE EXTENT OF THE DISTRICT TO BE I14-
PROVED, THE PROBABLE COST AND THE MAXIMUPi COST TO
BE ASSESSED, THE TIME WHEN THE CITY COUNCIL WILL
CONSIDER ORDERING BY ORDINANCE THE PROPOSED IMPROVE-
MENTS AND HEAR COMPLAINTS AND OBJECTIONS, AND THAT A
MAP OF THE DISTRICT mND 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 to owners of
property to be assessed in Sidewalk Improvement District No 8 that the
kind of improvements proposed for said district are The installation of
sidewalks, and that the cost of said improvements, as assessed, will be
payable in ten (10) equal annual installments, at a rate equal to the
coupon rate on bonds issued for this purpose, not to exceed fifteen
percent (15%) per annum, and that the extent of the district to be improved
is as follows The sidewalks to be installed dre along the west sine of
Shields Street from Prospect Street to Bennett and tnat the probable cost
of Baia improvements including property acquisition costs, as shown by the
total estimate of the City Enqineer is Forty-Five Thousand One hundred
Sixty-Six Dollars ($45,166 00), exclusive of the cost of collection, leqal
and advertisinq, engineering, financing, interest and other incidentals,
and that to said cost will be aoded an amount equal to fourteen percent
(14%) of such cost to cover the expense of collection, legal and advertis-
ina, engineering, and interest during construction at a maximum rate of
fifteen percent (15%) per annum (all additional costs not to exceed twenty
percent [20%] of actual or acquisition costs), and that assessments for the
cost of such improvements within the district will be made as follows
Upon the lots and lands abutting the right-of-way in which the sidewalk is
installed in proportion as the frontage of each lot or tract of land is to
the frontage of all lots and lands so improved, and that the maximum cost
to be assessed, exclusive of the cost of collection, leqal and advertisinq,
engineering, financing, interest during construction, and otner incidentals,
is as follows Fifteen Dollars and 56/100 ($15 56) per frontage foot, and
that on the 3rd day of June, 1980, at the hour of 5 30 o 'clock P h , 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 gill consider the ordering by ordinance of the proposed
improvements and hear all complaints and objections that may be made and
filed in writinq by the owners of any property to be assessed or persons
interested generally All complaints or objections should be mace in
writing and 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, scheoules showing
the approximate amount per abutting foot 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 time before said hearing
Dated at Fort Collins, Colorado, this 29th day of April , 1980,��
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Cit rk
NOTE To be published once a week for too 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
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