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HomeMy WebLinkAboutRESOLUTION 1999-55Suggested by: Administraton City of Kenai RESOLUTION NO. 99-55 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA CONFIRMING THE ASSESSMENT ROLL ON THE CROW COURT STREET IMPROVEMENT SPECIAL ASSESSMENT DISTRICT. WHEREAS, a public hearing has been held on the final assessment roll for the Crow Court Street Improvement Special Assessment District; and WHEREAS, Council finds that the assessment roll is proper. NOW' THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that: Section 1: The assessment roll attached to this Resolution is confirmed by the Council. Section 2' Assessments as identified on the assessment roll shall be levied agefinst the properties in the Assessment District and are to be used to repay the general fund. Section 3: Payments shall be fixed Over a five year period, with annual payments due beginning on the first business day of October, 2000. Payments shall be delinquent if not received by the first business day of November of each year. Annual payments shall be in equal installments, including 10% annual interest. Delinquent installments will be charged a penalty of ten (10%) percent on the entire installment with interest accruing at the rate of 10% per year on the unpaid principal portion of the installment. Assessments may be paid in full without interest if received by March 3, 2000. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 6th day of October, 1999. ATTEST: Carol L. Freas, City Clerk Approved by Finance' (9/16/99) id CROW COURT FINAL ASSESSEMENT ROLL Crow Court Street Improvement Special Assessment District Owner Lot # Parcel # Area S.F. Cook Inlet Housing I 04515129 7,996 Li neba rger 2 04515130 7,278 Cabrera 3 04515131 8,250 Morse & Shaeffer 4 04515132 8,105 Jackson 5 04515133 8,086 Crow 6 04515134 8,250 Chapman 7 04515135 7,301 Frazer 8 04515136 7,996 % of Total 25% of Cost Assessment 12.64% $ 1,233.04 11.50% $ 1,122.32 13.04% $ 1,272.21 12.81% $ 1,249.85 12.78% $ 1,246.92 13.04% $ 1,272.21 11.54% $ 1,125.87 12.64% $ 1,233.04 63,262 100.00% $ 9,755.45 Total Cost of Project $ 39,021.80