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HomeMy WebLinkAboutRESOLUTION 1998-79 CITY OF KENAI RF.~OLUTION NO. 98-79 Suggested by: Administration A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, DIRECTING THE CONTINUATION OF THE PROJECT ENTITLED "CROW COURT STREET IMPROVEMENT DISTRICT" AND DESIGNATING WHAT IMPROVEMENTS ARE TO BE INCLUDED IN THIS PROJECT. WHEREAS, the Council directs the City Administration to continue with this project; and, WHEREAS, the following is a list of major improvements that are scheduled to be completed under this project: o 2. 3. 4. 5. Excavation, Backfill, and Grading Curbs and Gutters Asphalt Paving Topsoil and Seeding Signage and Traffic Control; and, WHEREAS, the Council finds that the improvements are necessary and of benefit to the properties to be assessed; and, WHEREAS, the local improvement district costs will be allocated on a square footage basis extending one lot deep adjacent to improvements in this subdivided area; and, WHEREAS, the project is not objected to by owners of properties bearing fifty (50) percent or more of the estimated costs to be borne by property owners; and, WHEREAS, an account will be kept of all costs of the improvements and that after all costs are known, the City Manager shall prepare an assessment roll for the improvements; and, WHEREAS, all of the above improvements will be done in this area but only 25 percent of the total completed improvements will be assessed to the benefited property owners; and, WHEREAS, this resolution will be mailed to each property owner adjacent to the streets designated for improvements; and, WHEREAS, the property owner's name and address used will be that which is on record at the Kenai Peninsula Borough on this date, November 4, 1998. Resolution 98-79 Page 2 November 4, 1998 NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that the City will continue with the project entitled "Crow Court Street Improvement District" and the improvements listed above. PASSED BY THE COUNCIL OF THE CITY OF KE_j~2~ A~ASKA, this 4th November 1998. ~' ' ...... ~, ! MAYOR ATTEST: Carol L. Freas, City Cler_k ~, Approved by Finance: [9~-¥' day of PRELIMINARY ASSESSMENT ROLL CROW COURT LID Below costs are estimates - final cost will be based on the actual cost of the ect. Properties to be assessed: KN830188 T06N RllW S34 CROW SUBDIVISION LOTS 1-8 I July 27,1998 OWNER Lot i S.F. % of Total KK i Revised 8/7 & 9125&28198 100 % of Cost 25 % of Cost Est.$Assessed Cook Inlet Housing 1 ; 7,996 0.126395 , 7,583.70 1,895.92 Linebarger 2 ' 7,278 0.115045 , 6,902.72 1,725.68 Caldweil 3 8,250 0.130410 7,824.60 1,956.15 Morse & Schaeffer Jackson Crow Crow 8,105 8,086 8,250 7,301 Frazer 8 7,996 TOTAL 63,262 Land Value Lot RECORD OWNER Cook Inlet Housing 1 ~ 12,200 er Caidweli Morse & Schaeffer 12,600 13,100 13,000 12,700 " 11,200 12,900 12,200 0.128118 0.127818 !Jackson 5 :Crow 6 'Crow 7 .Frazer 8 3 i IMPROVEMENTS: 0.130410 0.1154O9 0.126395 1.000000i Land + Imp. 96,300 Curb & Gutters Grading & Backfill , i 7,669.06 7,687.08 1,921.77 7,824.60 6,924.54 1,917.26 1,956.15 1,731.13 7,583.70 1,895.92 60,000 15,000 Muni Match Grant (70%) 94,500 140,900 138,400 98,100 new house 120,300t 119,400 ' General Fund (5%) Property Owners (25%) TOTAL 25% of Land 3,050 42,000 3,000 15,000 60,000 25% of Total Asphalt Paving Topsoil & Seeding 24,O75 3,150 23,625 3,275 35,225 3,250 34,600 3,175 24,525 2,8O0 3,225 3,050 30,075 29,850 Prepared by Keith Kornelis 9/25/98 Page 1