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HomeMy WebLinkAboutRESOLUTION 1990-11Suggested by= Administration City of Kenai RBSOLUTION NO, 90-11 A I~SOLUTION OF THE COUNCIL OF T~IE CITY OF KENAI, ALASKA CONFIRNING THE' ASSESSMENT ROLL ON THE VIP DISTRICT AND FIXING PAYMENT. WHEREAS, a public hearing has been held on the final assessment roll for the VIP Paving Assessment District; and WHEREAS, Council finds that the assessment roll is proper. NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OFKENAI, ALASKA, that: ~ection 1:. The assessment roll attached to this Resolution is confirmed by the Council. Segt~9n 2: Assessments as identified on the assessment roll shall be levied against the properties in the Assessment District and are to be used to repay the general fund. Section.3:' Payments shall be due in lump sum on orbefore May 15, 1990, without interest. Payments will.be delinquent if not received by the City by June 15, 1990, Delinquent assessments will .be charged a penalty of 10%, plus interest of 10% per year, computed until paid. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 7th day of March, 1990. ATTEST: Approved by Finance: (2/28/'90) ~Jas Febcuary 15, 1990 Kurt B. & Sharon F. Rogers 255 W. Cook Avenue Anchorage, AK 99501 .. CITY OF KENAi ~IOFIDALCIO KENAI, ALASKA eNlt TELEPHONE 2e~- 7SSS - .~'~. . .'...' /,' :.,~"~.. , ~ SUB. CT: YOUR PARCEL NUMBER(S) 04942005 .':':' A public hearing will be held beginning'a~'?~O0 p.m. on March 7, 1990 at the Kenai City Hall Council Chambers in the City Administration Building to hear objections to the final assessment roll on the VIP Paving District. Lots to be assessed are listed on the attached Final AssesSment Roll. At the public hearing, an owner of the property to be assessed shall have the right to present his objections to the assessment roll byshowing errors and inequalities in the assessment roll and by submitting any reason for amendment and correction of the assessment roll. The regularity or validity of an assessmemt may not be contested by a person who did not file with the City Clerk a written objection to the assessment roll before its confirmation. The amount of actual assessments against properties shown.on the Final Assessment Roll ..... which you own are' Sincerely, Charles A. Brown Finance Director c / mm encl Letters/Assess3 TO: FROM I DATE: SUBJECT: Kenai City Council Charles A. Brown, Finance Director February 28, 1990 .. ASSESSMENTS At the March 7, 1990, Counoil meeting, you will consider four resolutions that adopt final assessment rolls. Procedures for these actions are set out in KMC 16.10.130 and 16.10.140. You will note that each resolution calls for lump sum payments, due May 15, 1990, and delinquent June 15, 1990. This payment method was suggested by the administration at the beginning of the assessment process a year ago. Summary information follows= TOTAL NUMBER ASSESSED OF AVERAGE COST P SCE ,S ASSES,,S ,m?,S, Candlelight $ 41~943 135 $ 311 Lawton 7,996 12 666' E. Aliak 21,973 71 309 VIP ,,, 3.1,,833 :].13 282 The. average-assessment..is about .$300. *(Note.that _the..Lawton assessment, is overstated; $4,246 of the $7,996 assessment is on City of Kenat land. If we subtract'the'Cfty, assessment,- the average assessment'fsonly $341.) There are- only three non-government assessments that exceed $1,000. An installment payment schedule would result in substantial administrative costs, for very little benefit..Computer programs would need to be.written, records would need to be manually established for 331 accOUnts, and billing, payment, and delinquent billing would occur over a designated number o£.years. X b~lieve the billing and collection costs would exceed, the beneflt to the taxpayers. '" I advise against consideration of allowing a mUltiple payment SChedule for selected accounts, such as £or.tndtviduals who own several properties on the assessment roll(s). Ownership changes over time. Preferential treatment based up0n°~nership will complicate billing and Cause interprets[ion problems when ownership changes· February 28, 1990 Page 2. If flor some reason ! lose this. argument, and Council decides to allow multiple payment Schedules, each resolution should.be amended'In section 3 as followS= _ Section.3= Payments shall'be f~Xed over a --- - year period, w~th annual Payments due beginning April 1, 1991. Payments Shall be del'inquent if not received b~a¥ 1, of each year. Annual. payments shall'be .in equal ~nstallments', ~nclUd~ng 10.0%annua1 ~nterest. Dellnquent~nstallments ~ll be char ed ~en (10%) percent: on the entt,.'~..,_.,,_._. .g. a penalty-off ~est ~ccru~ng at the rate of 10,0% per year o~ with add~tional port,on of the installment, - the principal ~I~O\ASSESS90. DOC