HomeMy WebLinkAboutORDINANCE 0960-1984Suggested by: Administration
CITY OF KENAI
ORDINANCE NO. 960-84
AN ORDINANCE OF THE COUNCIL OF T11E CITY OF KENAI, ALASKA,
ESTABLISHING A SPECIAL ASSESSMENT FUND ENTITLED "SPRUCEW09D
GLEN", AND AUTHORIZING APPROPRIATIONS FOR THE PROJECT IN THE
AMOUNT OF $227,000.
WHEREAS, the City has been petitioned to establish an assessment
district in Sprucewood Glen subdivision for street improvements,
water and sewer mains, storm drains, and off-street parking
facilities, and
WHEREAS, the City intends to finance the project with a sale of
special assessment bonds, which have been approved by the voters
of Kenai, at a later date, and
WHEREAS, interest on monies used for construction of the project
prior to the sale of bonds is to be L cost of the project, in
accordance with KMC 16,05.050.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, tnat:
Section 1: A special assessment fund for the construction
in Sprucewood Glen be established.
Section 2: Appropriation, ovi a project basis, be
author z� ss follows:
Sprucewood Glen
Administration $ 1,000
Engineering 12,000
Inspection 15,000
Construction 179,000
Contingency $ 20,000
0 0
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 15th day
of August, 1984.
TOM WAGONER,_�
ATTEST:
P"t Wha an, City ClerTF
Approved by Finance:pgQ
First Reading: August 1, 1984
Second Reading: August 15, 1984
Effective Date: August 15, 1984
s
ORIGINAL
SPRUCEBOOD MEN SUBDIVISION
PRELIMINARY /ASSESSHEYr ROLL
(With off-street Parking)
PREPARED JULY 12, I984
Estimated
Lot
Owner
Assessment
City Greenbelt
City of Kenai
8 33,901
Tract E
City of Kenai*
46.853
Tract D
City of Kenai*
12,558
Tract F
Ed Lowry
26,327
Blk 1, Lt 1
Ed Lowry
7,2U4
Lt 2
Ed Lowry
10,408
" Lt 3
Tomsy Partee
11,425
Lt 4
Tomoy Partee
10,996
Lt 5
Tr y Partee
'_0,143
" Lt 6
Ed Lowry
1,695
Blk 2, Lt 6
Ed Lowry
13,641
of Lt 7
Ed Lowry
9,766
to Lt 8
Ed Lowry
9,712
" Lt 9
Ed Lowry
10,728
Lt 10
Ed Lowry
11,643
1.1 UOO
* Proposed to be purchased by Schilling and Tyler.
SPRUCEiIOOD GLEN SUBDIVISION
PRELIMINARY ASSESSMENT ROLL
(Without off-street Parking)
PREPARED JULY 12, 1984
Estimated
Lot
Owner
Assessment
City Greenbelt
City of Kenai
$ 33,901
Tract 8
City of Kenai4l
46,853
Tract D
City of Kenai*
12,558
Tract Y
Ed Lowry
26,327
Blk 1, Lt 1
Ed Lowry
7,204
to Lt 2
Ed Lowry
5,033
Lt 3
Tommy Partee
6,050
Lt 4
Tommy Partee
5,621
Lt 5
Tommy Partee
4,768
Lt 6
Ed Lowry
1,695
Blk 2, Lt 6
Ed Lowry
13,641
is Lt 7
Ed Lowry
4,391
05 Lt 8
Ed Lowry
4,337
of Lt 9
Ed Lowry
5,353
to Lt 10
Ed Lowry
_ 6,268
184.000
* Proposed to be purchased by Schilling and Tyler.