HomeMy WebLinkAboutRESOLUTION 1993-81Suggested by:
Finance.
City of Kenai
RBBOZ,I~ION NO. 93-8t
A RESOLUTION OF' THE COUNCIL OF THE CITY OF KENAI, ALASKA
INITIATING A SPECIAL ASSESSMENT IMPROVEMENT PROPOSAL IN'
THOMPSON PARK.
WHEREAS, the City is preparing to install water and sewer
lines in Thompson Park Subdivision; and
WHEREAS, certain other areas, including some adjacent to
Thompson Park, may also benefit from either water, sewer, or
both; and
WHEREAS, the City intends to assess against benefited
properties 25% of all costs associated with the construction
of water and sewer lines, pursuant to Resolution No. 92-26.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that a special assessment improvement
proposal is initiated in the area generally described ae
Thompson Park', but may include other areas, such as all Or'.--:
portions of Thompson Place, Rack Subdivision, Sunset Rim,
and lands adjacent to Lawton Drive. BE IT FURTHER RESOLVED'''-
that the City Ranager is directed to make an investigation.
and report on this proposal in accordance with KRC 16.10.0i0
by December 15, 1993.
PASSED BY THE COUNCIL OF THE CITY OF KENAI,
20th day of
ATTEST:
ALASKA, this
October, 1993.
Approved by Finance
(10/8/93)
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City'of Kenai
R,IlSOLUTI~. 92-26
Suggested by:
Finance
PROPERTIES IN.:BPECIALASsESSMENT'DISTRiCTS. .... ,~,: ...::, ..
WHE~, by KMc 16~10.070, the City COUacil has the' author'~tY.t°
· determine the percentage of costs to be assessed in specialassessment'"....
di ts; ~
strtc and . ,.
WHERFAS, reduced State financing for public /mprovement projectS'makes ..
it necessary that more costs be assessed to benefited properttesl and
WHEREAS, citizens desiring to form assessment districts have a.need to
know in advance of the petitioning process the portion of the project
that ts likely to be assessed.
NOW, THEREFORe, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, that:
Secti~.l:
costs to be.assessed in. special assessment district~ is a.gen&rel .~.
rule.. It t8 meant to infOrm.the CitYadmtnistration.and citizens of a
usual rule-to[be followed, and 'it'aPPlies to'all types of "~'~'.~
improvementS.' The Council reserves the right'to apply
different from thOse.that follow based upon unique characteriStics'Of'
each project. It is not implied that the Council must fom an
assessment district with each project. The policy is subject to ali
state, City Charter, and CityMunicipal Code requirements and
restrictions.
S.gc%i0~ 2: In developed areas that include numerous property
owners, each benefiting somewhat equally, the assessment rate-wtllb~.'
25% of all eligible costs. The Council intends that all eligible
costs include the entire project costs defined by KMc 16.05.090.
The policy of the City 'Council regardingpercentages'.of".
section 3: In partially develOped or undeveloped areas that
include one or a small number of property owners, the assessment rate
will be 100% of all eligible costs. This is the rate that will.'appiy
in situations where the owner or'owners are essentially acting as
developers, with the intent of'marketing and profiting from the
developed land. The owners may have to waive the limitations placed
on assessments, as' providedby KMc 16.05.010(b) and Section 7-3 of
City Charter. In addition, the City may require-cash or other assets
to be advanced or pledged to the City as security that the assessments
will be paid. Generally, the unsecured portion of the assessments
should not exceed 30% of the cost of the improvements. The City may-
require that the owner or owners enter into a contractual relationship'
with the City to ensure payment of the assessments.
Resolution No. 92'26
Page Two' ..
ATTEST:,
Carol L. Freas, ¢~ty Clerk
(4/22/92)
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