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HomeMy WebLinkAboutResolution No. 2008-70~~~~\ -- CITY OF KENAI RESOLUTION NO. 20~~-70 Suggested by: City Council A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, CONFIRMING THE ASSESSMENT ROLL ON THE SHAMROCK CIRCLE IMPROVEMENT SPECIAL ASSESSMENT DISTRICT. WHEREAS, a public hearing has been held on the final assessment roll for the Shamrock Circle 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: The assessment roll attached to this Resolution is confirmed by the Council. 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: Payment of Assessments: Assessments: A property Owner with assessments totaling: • $1,500.99 or less -- three equal annual installments • $1,SOlor more -- five equal annual installments When a property owner owns more than one lot in an improvement district, the total assessment of all the lots shall determine the repayment schedule. Payment in Installments: • Installments shall include interest at the rate of ten percent (10%) annually. • Installments shall be due on or before March 15 each year. • Payments shall be delinquent if not received on or before the first business day after March 15 of each year. • Annual payments shall be in equal installments, including ten percent (l0%) 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. New Text Underlined; [DELETED TEXT BRACKETED] Resolution No. 2008-70 Page 2 of 2 Sinele Payment: Assessments may be paid in full without interest if received by March 15, 2009. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 17th day of December, 2008. PAT PORTER, MAYOR ATTEST: ~r~ Carol L. Freas, City Clerk Cif Approved by Finance: New Text Underlined; [DELETED TL+'X'P BRACKETED] SFIIVIRC1~ CIRCLE LID FIN /~L ASSESS ENT LL D C/~LCULTINS F AaS-BUI LT SESS ENTS 11 /26/0 unit Estimate Cost Item Description Unit Quantity Cost Sub-Total Actual Asphalt 2" Ton 180 $ 100.00 $ 18,000.00 Crushed Aggregate Base Course Ton 350 $ 20.00 $ 7,000.00 Surface Preparation LS 1 $ 2,500.00 $ 2,500.00 Traffic Control LS 1 $ 500.00 $ 500.00 Adjust Sewer Clean-Out LS 1 $ 350.00 $ 350.00 Adjust Water Valve Box LS 1 $ 350.00 $ 350.00 Sawcut Ex. Asphalt LS 1 $ 500.00 $ 500.00 Striping (Stop Bar) LS 1 $ 300.00 $ 300.00 Su b-Total $ 29,500.00 $24,561.40 Engineering @ 20 % $ 5,900.00 $ 3,550.05 Contingency @ 15 % $ 5,310.00 $ 844.20 Total $ 40,710.00 $28,955.65 As-Built ASSESSMENTS Property City of Owner &Cenai Legal Description Owner Share Share Total Lot 1, Donnybrook-Shamrock' Gonzalez $ 1,206.49 $ 1,206.49 $ 2,412.98 Lot 2, Donnybrook-Shamrock Eddens $ 2,412.97 $ 2,412.97 $ 4,825.94 Lot 3, Donnybrook-Shamrock Wahl $ 2,412.97 $ 2,412.97 $ 4,825.94 Lot 4, Donnybrook-Shamrock Artman $ 2,412.97 $ 2,412.97 $ 4,825.94 Lot 5, Donnybrook-Shamrock Calix $ 2,412.97 $ 2,412.97 $ 4,825.94 Lot 6, Donnybrook-Shamrock Isaacs $ 2,412.97 $ 2,412.97 $ 4,825.94 Lot 7, Donnybrook-Shamroek° Bogue $ 1,206.49 $ 1,206.49 $ 2,412.98 Totals $ 14,477.83 $ 14,477.83 $ 28,955.66 " Lots Fronting Aliak Assessment Reduced 50% November 28, 2008 RE: SHAMROCK CfRCLE SPECIAL ASSESSMENT I3PSTRYCT -- FYNAL ASSESSMENT ROLL/ Parcel(s) No. A public hearing will be held at 7:00 p.m. on December 17, 2008 in the Kenai City Council Chambers in the City Administration Building at 210 Fidalgo Avenue, Kenai, to hear objections to the final assessment roll on the Shamrock Circle Improvement Special Assessment District. Lots to be assessed are listed on the enclosed Final Assessment Ro11. The final assessment roll is also on file in the office of the Kenai City Clerk. At the public hearing, an owner of the property to be assessed shall have the right to present his objections to the assessment roll by showing errors and inequalities in the assessment roll and by submitting any reason for amendment and correction of the assessment roll KMC 1ti.10. l`00 pr°ovides, "The regularity or validity of an assessment may not be contested by a person who did not file with the City Clerk a written objection to the assessment roll on or before its confirmation." Obiections to the final assessment roll should be filed in writing with the City Clerk on or before December 17. 2008 (the confirmation datel at 210 Fidaleo Avenue. Kenai, 99611 or cfreasc(dci.kenai.ak.us. Objections may also be voiced at the public hearing. The total amount of actual assessments against properties which you own is shown in the Final Assessment Ro11. It is the intention of the Finance Director to request the City Council to establish a three to five-year payment schedule with ten percent (10%) interest. Assessments less than $1,500.99 shall be repaid in three (3) equal annual installments and assessments greater than X1,501.00 shall be repaid in ten (10) equal annual installments. The first annual installment would be due on March 15, 2009. As an inducement to pay earlier, the Council will be requested to accept payments in full with no interest if received by March 15, 2009. CITY OF KENAI Carol L. Freas City Clerk elf