HomeMy WebLinkAboutRESOLUTION 2003-02Suggested by: Councilmember Swarner
City of Kenai
RESOLUTION NO. 2003-02
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AMENDING
THE GENERAL POLICY REGARDING COSTS TO BE ASSESSED TO BENEFITED
PROPERTIES IN SPECIAL ASSESSMENT DISTRICTS.
WHEREAS, by KMC 16.10.070, the City Council has the authority to determine the
percentage of costs to be assessed in special assessment districts; and,
WHEREAS, reduced State financing for public improvement projects makes it
necessary that more costs be assessed to benefited properties; 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 is likely to be
assessed.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, that:
Section 1' The policy of the Council regarding percentages of costs to be
assessed in special assessment districts is a general rule. It is meant to
inform the City administration and citizens of a usual rule to be followed,
and it applies to all types of improvements. The Council reserves the
right to apply percentages different from those that follow based upon
unique characteristics of each project. It is not implied that the Council
must form an assessment district with each project. The policy is
subject to all State, City Charter and Kenai Municipal Code requirements
and restrictions.
Section 2: In developed areas that include numerous property owners,
each benefiting somewhat equally, the assessment rate will be 50% of all
eligible costs. The Council intends that all eligible costs include the
entire project costs defined by KMC 16.05.090.
Section 3' In partially developed or undeveloped areas that include one
or a small number or property owners, the assessment rate will be 100%
of all eligible costs. This rate will apply 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 provided by KMC 16.05.010(b)
and Section 7-3 of the 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.
Resolution No. 2003-02
Page 2 of 2
The City may require that the owner or owners enter into a contractual
relationship with the City to ensure payment of the assessments.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this second day of
January, 2003.
ATTEST:
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Approved by Finance:
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