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HomeMy WebLinkAbout1982-116-09/07/1982-ADOPTING THE REPORT OF THE DIRECTOR OF PUBLIC WORKS ON THE ESTIMATES, COSTS, AND ASSESSMENTS FOR THE RESOLUTION 82-116 OF THE COUNCIL OF THE CITY OF FORT COLLINS ADOPTING THE REPORT OF THE DIRECTOR OF PUBLIC WORKS ON THE ESTIMATES, COSTS AND ASSESSMENTS FOR THE BOARDWALK SPECIAL IMPROVEMENT DISTRICT #77, 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 CONSIDERING ORDERING BY ORDINANCE OF THE PROPOSED IMPROVEMENTS WHEREAS, heretofore, the Council by resolution directed the Director of Public Works to make a complete survey of the proposed Boardwalk Special Improvement District #77, including the preparation of a map, plans and specifications and an estimate of cost of the improvements in said proposed district, and WHEREAS, the Director of Public Works 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 estimates as presented by the Director of Public Works for said district be, and the same hereby are, accepted and approved Section 2 That the following estimated 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 Water Main Oversizing $18,876 Engineering for Street Oversizing 13,949 TOTAL 32,T25 Section 3 That the property to be assessed for the improvements shall be those properties owned by the petitioners as set forth more particularly on Exhibit A attached hereto Section 4 That assessments for the cost of installing the improve- ments in the district are estimated to be $138 90 per linear foot of frontage Section 5 That the following amount shall be paid to the City by a participating property owner for certain water and sewer costs, pursuant to an agreement with the City ($19,945 estimated) for the costs of installing said improvements Section 6 That said assessments shall be payable in ten (10) equal annual installments, with interest on the unpaid installments at a rate not to exceed eighteen percent (18%) per annum Section 7 That on the 7th of September, 1982, at the hour of 5 30 PM, or as soon thereafter as the matter may come on for hearing in the Council Chambers of the City Hall , City of Fort Collins, the Council of the City of Fort Collins will consider the ordering by ordinance of the pro- posed improvements and hear all complaints and objections that may be made and filed in writing concerning the proposed improvements by the owners or of any interested persons Section 8 That the property owners affected by said district have waived all notice requirements required pursuant to Chapter 16 of the Code of the City of Fort Collins Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 7th day of September, 1982 Mayor ATTEST City Clerk -2-