HomeMy WebLinkAboutRESOLUTION 1994-27Suggested by:
Administration.
City of Kenai.
RBSOLUTZOI IS. g4-;?
A RESOL~iON OF THE COUNCIL-. OF THE CITY OF KENA!,.. ALASKA
CONFIRMING THE ASSESSMENT.ROLL ON THE EVERGREEN, '~,').~
· MCKINLEY, NORTH GILL, SECOND AVENUE, 'THIRD .AVENUE,' FOURTH.
AVENUE, JEFFERSON, AND 'EADIES WAY PAVING'DISTRICT AND.'FIXiNG.
PAYMENT. ..
WHEREAS, a public hearing has. been held on the'.fi.nal .
assessment roll for the Evergreen., Heller, McKinley, 'North: "
Gill, Second Avenue, Third Avenue, Fourth Avenue, Jefferson,
and Eadies Way Paving Assessment District; and
WHEREAS, CounciX finds that the assessment roll is proper.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCILOF THE CITY OF
KENAI, ALASKA, that=
Section ~1,;, The assessment roll attached to this
ResolBtion is confirmed by the Council.
SeXism 2; Assessments asidentified on the'asseSsment.
roll shall be levied against the properties.'in"the Assessment
District and are to. be used to. repay the general .fund,
section3: Payments. shall be fixed,over a ,five.year
period, with annual payments due beginning on .the last'
business day of Hay, 1995. Payments shall be. delinquent if
not received by the last business day of Jtme of each.year,~
Annual payments shall be in equal installments, ~ncluding 10%.
annual interest. Delinquent installments will be charged'a
penalty of ten
(10%) percent on the entire .installment, along
with additional interest accruing at the rate'of 10% per year
on the principal portion of the installment. Assessments' may
be paid in full without interest if received'byAugust 5,
1994.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ~ASKA,. this 4th
day of Hay, 1994.
Approved by
(4/26/94)
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