HomeMy WebLinkAboutResolution No. 2004-04Suggested by: ~ity Council
CITY OF KENAI
RESOLUTION NO. 2004-04
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, CONFIRMING
THE ASSESSMENT ROLL ON THE TOYON WAY IMPROVEMENT SPECIAL
ASSESSMENT DISTRICT.
WHEREAS, a public hearing has been held on the final assessment roll for the Toyon
Way Improvement Special Assessment District; and,
WHEREAS, Council find the assessment roll is proper.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA,
Section 1'
Council.
The assessment roll attached to this Resolution is confirmed by the
Section 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 fLxed over a five-year period, with annual
payments due beginning on the first business day of February, 2005. Payments shall
be delinquent if not received by the first business day of March of each year. Annual
payments shall be in equal installments, including ten percent (10%) annual interest.
Delinquent installments will be charged a penalty of ten percent (10%) on the entire
installment with interest accruing at the rate of ten percent (10%) per year on the
unpaid principal portion of the installment. Assessments may be paid in full without
interest if received by July 1, 2004.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 21st day of
a anu ary, 2004.
h~ , MAYOR
ATTEST:
Carol L. Freal, City Clerk
Clf
Approved by Finance'
FINAL ASSESSMENT ROLL
TOYON WAY LID
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Parcel #
04714026
04714052
04715007
04715008
04715006
04715009
04715005
04715010
04715004
04715011
04715003
04715012
04715002
04715013
04715001
04715014
*******Based on property owners paying proportionally based on square footage*******
%of
OWNER ACRE Sq. Feet Total 100% Assessment
LANDUA 0.21 9,148 0.044681 5,924 1,481
EHRHARDT 0.33 14,375 0.070213 9,309 2,327
LOFSTEDT 0.22 9,583 0.046809 6,206 1,552
MARTIN 0.37 16,117 0.078723 10,438 2,609
LOFSTEDT 0.23 10,019 0.048936 6,488 1,622
CANADY 0.36 15,682 0.076596 10,155 2,539
JACKSON 0.23 10,019 0.048936 6,488 1,622
SALNESS 0.35 15,246 0.074468 9,873 2,468
OLSEN 0.22 9,583 0.046809 6,206 1,552
SALNESS 0.35 15,246 0.074468 9,873 2,468
OLSEN 0.22 9,583 0.046809 6,206 1,552
WINSTON 0.39 16,988 0.082979 11,002 2,750
EVERY 0.25 10,890 0.053191 7,052 1,763
LOFSTEDT 0.35 15,246 0.074468 9,873 :2,468
KAUTZ 0.27 11,761 0.057447 7,617 1,904
LOFSTEDT 0.35 15,246 0.074468 9,873 2,468
TOTAL 4.70 204,732 100%~ 132,585 ~ 33,146
Project Costs
Administration 1,463
Engineering 20,880
Construction 110,242
TOTAL 132,585