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162 of 1976 - Levying a tax for the assessment of property (Curb and Gutter Extension No. 480k) Main Street, South VOTING Aye Nay Salt Lake City,Utah, October 12 ,1976 Mr.Chairman .. . '(J I move that the Ordinance be passed, Agraz Greener 13 Hogensen • Phillips , Result AN NANCE AN ORDINANCE LEVYING A TAX for the assessment of property (Curb and Gutter Extension No. 480) for the purpose of constructing curb and gutter and street beautification improvements. Be it ordained by the Board of Commissioners of Salt Lake City, Utah: SECTION 1. That the Board of Commissioners of Salt Lake City, Utah, does hereby levy the tax and provide for the assessment of the same upon the property hereinafter described for the purpose of con- structing curb and gutter, sidewalk, and other street beautification improvements. AREA: Blocks 57, 58, 69, 70, 75 and 76 of Plat "A", Salt Lake City Survey. BOUNDARIES: North - South Temple Street South - 3rd South Street East - State Street West - West Temple Street STREET: Main Street - both sides - South Temple Street to 3rd South Street. Fronting on the West Side of Main Street Commencing at the Southwest corner of South Temple and Main Streets and running thence South 660.00 feet, Lots 1 and 8, of Block 76, Plat A, Salt Lake City Survey. Commencing at the Southwest corner of First South and Main Streets and running thence South 660.01 feet, Lots 1, 6, 7 and 8, of Block 69, Plat A, Big Field Survey. Commencing at the Southwest corner of Second South and Main Streets and running thence South 660.00 feet, Lots 1 and 8, of Block 58, Plat A, Salt Lake City Survey. Fronting on the East Side of Main Street Commencing at the Southeast corner of South Temple and Main Streets and running thence South 660.00 feet, Lots 2 to 5 incl., of Block 75, Plat A, Salt Lake City Survey. Commencing at the Southeast corner of First South and Main Streets and running thence South 665.90 feet, Lots 4 and 5, of Block 70, Plat A, Salt Lake City Survey. Commencing at the Southeast corner of Second South and Main Streets and running thence South 660.00 feet, Lots 2 to 5 incl., - Block 57, Plat A, Salt Lake City Survey. 162 -2- The tax hereby levied and assessed is levied upon each of the blocks lots, parts of blocks and lots, land and real estate within that Special Improvement District known as Curb and Gutter Extension No.480, fronting or abutting upon or adjacent to the streets which have been improved within said special improvement district. This tax is levied and assessed at an equal and uniform rate on such property in accordance with the linear front footage thereof and to the full depth of each such parcel of real property held in the same ownership, but not exceeding 330 feet in depth and, as to the undivided tracts, not to any greater depth than the average distance subdivided real estate is taxed for the same improve- ment. (An allowance on said tax has been made for corner lots so that) , they are not assessed at full rate on both streets. i k n}:CG It is hereby found and determined that the real property hereby taxed and assessed is benefited by the improvements which have been completed to the full amount of the tax hereby levied. The tax hereby levied and assessed is in the total sum of TWO MILLION TWO THOUSAND SEVEN HUNDRED EIGHTY FOUR and 55/100 DOLLARS ($2,002,784.55) and consists of 3,965.91 front feet at $505.00 per front foot of abutting property. The amount of the tax hereby levied and assessed does not exceed the total cost of the improvements in said special improvement district, including interest on interim warrants and the total contract price due under that certain contract duly let to Gibbons and Reed Company, dated July 14, 1974. The City Treasurer is hereby authorized and directed to assess the real property hereinabove referred to in accordance with the provisions of this ordinance for the purpose herein mentioned and to collect said tax, as provided by law. SECTION 2. That the assessment list made by the City Treasurer, as corrected, approved and completed by the Board of Equalization and Review, of the property described in Section 1 of this ordinance (Curb and Gutter Ex tension No. 480) of Salt Lake City, Utah, for the purpose of constructing curb and gutter, sidewalk, roadway removal and foundations, irrigation and water supply, electrical system, storm drainage, pedestrian paving, landscape features, architectural features, landscape planting, street lighting and miscellaneous, upon said portions of said streets, -3- is hereby confirmed, and the assessments made and returned in said completed lists and the report of the Board of Equalization and Review, to the Board of Commissioners of Salt Lake City, are hereby ratified, approved and confirmed. SECTION 3. That said tax shall be payable in ten (10) equal yearly installments as provided by law and ordinance, with interest on the whole sum unpaid at the rate of seven percent (7%) per annum, payable at the time each installment is due; provided, however, that one or more of such installments in the order payable, or the whole tax, may be paid without interest within fifteen (15) days from the date this ordinance become.; effective, one or more in which they are payable, or the whole special tax may be paid after said 15 days and before the first installment becomes due by paying the same with interest from the date of levy to the date such first installment is due. One or more installments in the order in which they are payable, or the whole special tax may be paid on the date any installment becomes due by payinjthe amount thereof and interest to the date of payment. Default in the payment of any such installment of principal or interest when due shall cause the whole of the unpaid principal or interest to become due and payable immediately and the whole amount of the unpaid principal shall thereafter draw interest at the rate of ten percent (10%) per annum until paid, but at any time prior to the date of foreclosure, the owner may pay the amount of all unpaid installments that are past due with interest at the rate of 10% per annum to date of payment on the delinquent installments, and all accrued costs, and shall thereupon be restored to the right thereafter to pay in installments in the same manner as if default had not occurred. SECTION 4. In the opinion of the Board of Commissioners it is necessary to the peace, health and welfare of the inhabitants of Salt Lake City that this ordinance become effective immediately. SECTION 5. This ordinance shall take effect upon its first publication. Passed by the Board of Commissioners of Salt Lake City, Utah, this .69 -4- 12th day of October , 1976. MAYOR CITY RECORDER (SEAL) BILL NO.162 of 1976 Published October 12, 1976 Certified copy to City Treasurer's Office 10-12-76 Affidavit of Publication STATE OF UTAH, County of Salt Lake AH ( 1 N AN 0 0f INAN l,V N A I/ -t. nr t Il_131 II el.G Lt )f. �" `! I .en d r.r 1 ied rh rf lsr and'tree,b,Uf h <r,h,A•,vs- suds,II ordained by the Oonrd of Cnminl%S10,I,I,of'..(r 1 City,Utah ICI ION I. 'of I b of 1 qu ur-n a r theBeing first duly swoJ•n,deposes and says that he is legal advcr• c Ih Por,( n h nlUr. of f i M.,n �a tisi.rtg clerk of the DESSRE? NEWS. a daily (except Sunday) 4:A.dIo.:kS ICI,II./O.T.,and(d ui f(ai A",_.At1.'' Odd,Survey. newspaper printed in the English language with general cir- ISOUNIIANIC5: Mc th oulh Icadn<Strol: Tout, -3,Sou.Tr,.'.I c(datiun in lituh, and published in Salt Take City, Salt Gake Weil WeI f I sfr,> County, in the State of Utah. S1Hrl_I-.Malt Ikilliskips Scudrr iu Shr.::li,; 3451 Sooth reel. P kONT NG ON OF WIT SC.Of.-MAIN:II±Cornoncnci,04 al 1 est That the legal notice of ulhich a copy is attached hereto Ma St reels rill r - „�r. II 1..1.'376,Plat A,$all „k.Clty sm vrs. Commend IN of r l - f To Sty.as Man Sfrr56 and r r 1 01 c, 1 oh /,e, _ , 1 �, -- . ... ;r ET of Block dial A,Mil I rein Turvoy. COM111011C111,1 at the., of ul I.S Maio Streets and r unman lnrr Ooolh Mil.5.,I ol-I.ind 0 o, Block 5B,Vlid A,5.611 CT..Tory tiII rvey 0 ,f°'i Ts f 1 k ITON TINO ON INA A.-T If1+OF MAIN 5(ACPT Commenclnn nl fur, � T .r:ll c. roPnll':n»nln, Mai,5lrsol,e dr runnier,.IPr. Snit.Mil Oft c i fort.t 13 l I•.U! In l of dlotk) PIA I.f A,Trill l_.ilca C.i'v:.I soy. Streets and roan nano Tooth 667.50 feet,1.1,, o ,( - ----- Glot:cer PIA A,Sillhinv'CI,.6orvnY, Cortreors inn of the`:uAA..., r of S Male SlrarlS and t h_I,�nl ,n in To to 5l,Prot A15aif ill llly Sur sr, r. c l., k_ Ih Ir.ml,l - I dlo 11...,.(. 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