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HomeMy WebLinkAbout33 of 1981 - Levying a tax providing for the assessment of property in Curb and Gutter Extension No. 555-2, 800 S ORDINANCE NO. 33 AN ORDINANCE confirming the assessment rolls and levying a tax providing for the assessment of property in Salt Lake City, Utah Curb and Gutter Extension No. 555-2, for the purpose of paying the costs of constructing improvements on certain streets within said district consisting of the construction of curb and gutter, the construction of drive approaches, the removal of all nonconforming improvements, the finish grading of areas between the back of the new curb and the street edges of the new or existing sidewalk not occupied by housewalks or driveways, and the completion of any other miscellaneous work, necessary to complete the improvements in a proper and workmanlike manner; reaffirming the establishment of a special improvement guaranty fund; and establishing the effective date of this ordinance. BE IT ORDAINED BY THE CITY COUNCIL OF SALT LAKE CITY, SALT LAKE COUNTY, UTAH: Section 1. The City Council of Salt Lake City, Utah, hereby confirms the assessment roll as corrected and adjusted by the Board of Equalization and Review for Salt Lake City, Utah Curb and Gutter Extension No. 555-2, and hereby confirms the findings pf the Board of Equalization and Review that the proposed list of assessments as equalized by the Board of Equalization and Review for said district is just and equitable; that each piece of property within said district will be benefited in an amount not less than the assessment to be levied against said property; and that no piece of property listed in the assessment list will bear more than its proportionate share of the cost of such improvements. Section 2. The City Council of Salt Lake City, Utah does hereby levy a tax to be assessed upon the real property described in the assessment list for Curb and Gutter Extension No. 555-2. The assessments levied upon each block, lot, part of block or lot, tract or parcel of property therein described shall be in the amount set forth in the assessment list, which is hereby incorporated by reference and made a part of this ordinance. The property to be assessed in accordance with the assessment list for Salt Lake City, Utah Curb and Gutter -3- eDrF 4 � Extension No. 555-2, is within the following described area and boundaries and upon the following named streets: AREA: Blocks 7, 8, 9, 10, 11 and 12 of Plat "A", Salt Lake City Survey and Blocks 1 and 12 of Plat "C", Salt Lake City Survey. BOUNDARIES: North - North side of 800 South Street South - South side of 800 South Street East - East side of 300 West Street West - East side of 700 West Street The assessments hereby levied are for the purpose of paying the cost of constructing improvements on certain streets within said district consisting of the construction of curb and gutter, the construction of drive approaches, the removal of all nonconforming improvements, the finish grading of areas between the back of the new curb and the street edges of the new or existing sidewalk not occupied by housewalks or driveways, and the completion of any other miscellaneous work necessary to complete the improvements in a proper and workmanlike manner. Said improvements are more particularly described in the assessment list for said district which list has been incorporated herein by reference and made a part of this ordinance. Said assessments are hereby levied and assessed upon each of the blocks, lots, parts of block and lots, tracts or parcels of real property described in the assessment list according to the extent that they front or abut on or are adjacent to the street mentioned in said assessment list and are specially benefited by the improvements thereon. Said assessments are levied upon the land and lots in said district which abut or are adjacent (one lot only in subdivided areas) to the street or streets which have been improved in said district, and at equal and uniform rates. An allowance on said assessments has been made for corner lots so that they are not assessed at full rate on both streets. -4- 09 Pv 4 � The total cost of the improvements in Salt Lake City, Utah Curb and Gutter Extension No. 555-2 is $757,350.17, of which total cost, the Community Development and City's portion is $650,585.53. The City's portion for said Special Improvement District includes that part of the overhead costs for which an assessment cannot be levied, if any, and the cost of making improvements for the benefit of property against which an assessment may not be levied, if any. Community Development Project funds are available to pay $490,000 of project costs. The balance to be assessed to the owners of property affected or benefited by the improvements in Curb and Gutter Extension No. 555-2 is $106,764.64, which is the total amount of the assessment hereby levied for said district and which does not exceed in the aggregate with regard to each district the sum of: (a) the total contract price for the improvements under contract duly let to the lowest and best responsible bidders therefor; (b) the reasonable cost of utility services, maintenance, labor, materials, or equipment, if any; (c) the property price, if any; (d) the interest on any interim warrants issued against the district; and (e) overhead costs not to exceed fifteen percent (15%) of the sum of (a), (b), and (c). The total assessment for said Curb and Gutter Extension No. 555-2 is levied at the following rates: RATE FRONT FEET OF RATE PER TOTAL NO. IMPROVEMENTS ABUTTING PROPERTY FRONT FOOT COST 1. Curb & gutter 5' walk & misc. 1,347.72 $20.68 $ 27,870.85 2. Curb & gutter and misc. 3,803.37 12.91 49,101.51 3. Miscellaneous 373.00 5.70 2,126.10 Subtotal $ 79,098.46 *Extra Cost of driveways 27,666.18 Total Abutter's Portion 106,764.64 -5- Community Development and City's Portion 650,585.53 TOTAL PROJECT COST $757,350.17 *Assessments vary for each property owner. Section 3. The assessment list made by the Acting City Treasurer for the property in Salt Lake City, Utah Curb and Gutter Extension No. 555-2 as corrected, approved, equalized and completed by the Board of Equalization and Review, is hereby confirmed and the assessments made and returned in said completed list and the report and recommendations of the Board of Equalization and Review to the City Council of Salt Lake City, Utah, are hereby ratified, approved and confirmed. Section 4. This tax is levied and assessed at equal and uniform rates on such property. Land and lots which abut upon the streets identified in the Notice of Intention, or are adjacent thereto shall be assessed to a depth of twelve (12) rods back from the property line of the street or streets upon which they abut or to which they are adjacent (one lot only in subdivided areas). Section 5. The whole or any part of the assessments for said district may be paid without interest within fifteen (15) days after this ordinance becomes effective. Any part of the assessment not paid within such fifteen (15) day period shall be payable over a period not to exceed ten (10) years from the effective date of this Ordinance in ten (10) substantially equal annual installments with interest on the unpaid balance of the assessment at the rate of seven percent (7%) per annum from the effective date of this Ordinance until due. Interest shall be paid in addition to the amount of each such installment annually at the time each installment becomes due. After said fifteen (15) day period, all unpaid installments of an assessment levied against any piece of property (but only in their entirety) may be paid prior to the dates on which they become due, but any -6- such prepayment must include an additional amount equal to the interest which would accrue on the assessment to the next succeeding date on which interest is payable on any special improvement bonds issued in anticipation of the collection of the assessments plus such additional amount as, in the opinion of the Acting City Treasurer, is necessary to assure the availability of money to pay interest on the special improvement bonds as interest becomes due and any premiums which may become payable on redeemable bonds which may be called in order to utilize the assessments thus paid in advance. Default in the payment of any installment of principal or interest when due shall cause the whole of the unpaid principal and interest to become due and payable immediately, and the whole amount of the unpaid principal shall thereafter draw interest at the rate of 10%per annum until paid, but at any time prior to the date of sale or foreclosure the owner may pay the amount of all unpaid installments past due, with interest at the rate of 10% per annum to date of payment on the delinquent installments, and all approved 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 6. The City Council of Salt Lake City, Utah, does hereby reaffirm the creation of a special improvement guaranty fund and shall at the time of each annual appropriation ordinance, so long as any special improvement district bonds of Salt Lake City remain outstanding, transfer to said fund each year such amount as a tax levy of one mill will produce, either through a levy of a tax of not to exceed one mill in any one year or by the issuance of general obligation bonds or by appropriation from other available sources, for the purpose of guaranteeing to the extent of such fund the payment of special improvement bonds and interest thereon issued against local improvement districts for the payment of local improvements -7- �a� therein, all in the manner and to the extent provided by the laws of the State of Utah. Section 7. The officials of Salt Lake City, Utah, are hereby authorized and directed to take all action necessary and appropriate to effectuate the provisions of this ordinance. Section 8. All ordinances or parts thereof in conflict with this ordinance are hereby repealed. Section 9. An emergency is hereby declared, the preservation of peace, health and safety of Salt Lake City and the inhabitants thereof so requiring. Immediately after its adoption, this ordinance shall be signed by the Chairman and Acting City Recorder and shall be recorded in the ordinance book kept for that purpose. Said ordinance shall be published once in the Deseret News, a newspaper published and having general circulation in Salt Lake City, Utah, and shall take effect immediately upon its passage and approval and publication as required by law. PASSED AND APPROVED BY THE CITY COUNCIL OF SALT LAKE CITY, UTAH, this 21st day of April, 1981. APt-1.2.- /(6.%::44-€4 Chairman ATTEST: Act g City ecorder Transmitted to the Mayor on April 21, 1981 Mayor's Action: MAYOR ATTEST: C� �%'1 AC INC CI RECORDER (SEAL) BILL 33 of 1981 Published April 22, 1981 -8- ADM ISO Affidavit of Publication STATE OF UTAH, ss. County of Salt Lake ORO U,Aucc fdo.:u Shana D. Conat llll ORDINANCE confirming my assossn,ont togs and I y lee,ylne a tax providing for the essx e,f 0r:'.otoriv In Salt Lake CIfy,Utah Curb and Gullet Extension No. S25-2,for Thu purpose of ptwinq the costs of construct- Inn Ir!gY,ovemen Onsets on certain ate width)saki Cis Irlc1 •lesion of the construction of curb aryl gutters, ha c�strechpn of dries wrenches.the rdn,e',al n, Being first duly sworn,deposes and says that he is legal all noncentvininn baurovem5ms,the Cobh',radio,ei e between the hawk of the new curb and the Wm, advertising clerk of the DESERET NEWS, a daily Mrea5 m of the new or exlstdnu sldswelk not occupied by hausewalk5 r driveways,and the completion of a,/ (except Sunday) newspaperprinted in the English of Iscelleneous Mork,necessary to comp)to!ha P Y g an Ins t In°imager and work nemike.rpaniwr; language with general circulation in Utah, and 'Yana u the establishment 1 S'speclal loaned to nfa) en /and:and estebil inp the edecnye published in Salt Lake City, Salt Lake County, in the tlafe daTf.•`i�hls ordinarwe, p IAKECf-RD IINEI1 BY CITY I UTAH: _OUNCIL OF SALT' State of Utah, Section 1.Thu City Council of Salt Lake City,Utah,hereby conlirms Board et the ERuatlyalloh"and roll Revieww corrected Laken City by the Curb and GOHer Extension No.513-2,and hepreby confirms me That the legal notice of which a copy is attached hereto findings of the boned Of Equalisation end Revle,thai T'n,m Pryppoo,,.dd list 1 "w sal is ae equalized by the BIXird Cl Eeualleatlon foot review for said dletrlcl Is 0$I end at�uifa. ben Ines etch piece of not less wdhhl said sment sail o.' Pub notice of Ordinance #33 Iced benefited In said twopenny;nn0➢ftlt�pf no pate of prdperrtolyyn be stied in the ae•.essmont list will bkdrtnom Clan Its prOperti 0,e shore of the cost u1 such Improvements_ Section 2.The City Coact of Salt Lake City Utah does Rya n the fool properly scribed In e assessment list fur Curb and Gutter Kxtonolen Ntile o.555-2.The assessments levied upon oath block,lot,part of shell be In lot,h amount seklorth hhi tl nt`aleoassess arte ssessment list,ewhlch Its ordinaherebnce.The properly By be assessed In nrrrrorsance with the tenssnlent tint Cyr Salt Lake City,Utah Cora and Gutter C-.x. ion No.52542 Is within the follows.doscribu'd area end tounderles and sown the toilet-ram noosed streets: \AEA: Hleeks 2,0,9,IA.11 and 12 of Flat y'+rl",,S,slt Lake City Survey and Blocks I and lT o:Plot"C",S„I,t,eke 2 lty Survey. • BOUNDARIES: North-North side ofHYJSWthStreet was published in said newspaper on April 22, 1981 South-South oleen south street • P East-East side de of 0 t West Street. Wart-East side of)Mt lbcsf Street Tha 0 hereby 1 I I gre for 1 d .- Ion Ise cort of construction Murmurs...Ifs ore certainf with ways, said ou,cili ref IllO,n other lr tacit mach rDra3 / \1' . \\�: _ .` \(Sl �, rX..- w' potter,i 1 fl f d 1 y Y IL new IstItuf not ded by ousewelke or and ihn lon of ems U It a Ih Y I In IF'� f Ir Ifq I br i t In- F r i _ , d11wor Legal Advertising Clerk workmanlike manner_Sad Improvclnents x ore portico lardy desclrbed Iinothe uslo5sna;n1 list for paid more rynkil list has been lncorno✓atcd hereto by reference and 10101raa part Soln,la assessments a e Meet,levied r.=se�f+xr apPll ore Inc this 29th day of r t Inc block lots,parts of block end lot:,tem.or nor• eo s of real urell"Ily described in the essessr Lo P Ilet accord. heat to tine mono that they d ass or Dent no or are ed latent to he street mentioned I en In said assessment gal end are aeRI II A.D.1981 levied upon the fond nd tote In said district c.°ich np;e;of till: .Sdincenl Conn lot only in ulellvlde+amps)to the itrn»o trati ill ni t h u :f 1 5 l tl i l t i been / P made of A o Id n / / Pesas 1 I1 ti ion b roc 1 t lull rate,.both T of The Mini l t of1 Improvements in Salt L City,Utah 1 / Curb nd G t'rEx/melon N S21 n513g1 r fl (-2., (. I �!r (➢ total 1 ther Ire D 1 P i Ins CIPI muttonisrJJJ %9trict In The I H CO fl 1 r Id S 11 1 1 Notal'A'Public District Include,Met port l n rh -1. i ,r /- Impros Improvements for It levied, l a.properly wie oealrri Cl9,,ch amiskInn assessment may rod he leyled,if any,Community bouI+lnp. mend Praiect tund5 aro available to Par St^J,000 of oralert costs.The balance to be er red to the owners of property affected nr benefited by the Improvements fn Curb aria Gullet Extension No.555-2 IJ 51U1,2e!214,,ynlcb Is l:n'!oral amount of Me assessment hereby levied for said district and which rams nor e01,(a)n the Sbe total 000iract with,10011rl ihs Inlnr0V^I district ,t iris underncontract duly let to llw Icw sl east Besi rc:p00',l'alu bid- ders therefor;(b)the roosonable cost of utility services,mein. Ierbno),labor,materials,or equipment,IF any;le)she prop- erty price,If any;(d)ti:a Interest on any Interim warronls issued against the district;and(a)oyer'noad crate not fu ex- ceed fifteen percent(15%)of the sure of dal,(01,and(c).Ti,:.' total assessment for said Curb anti Gullet Exlprislon NP.555,3 Is levied et the following rates 11W 1',;:r Rest. A.1hsralm RAP. letel 12.2 Imwevetnloll r'a YP, ty Prenirmf ludo fcsl I Cutts o 5'wall; 8,1111 1,34).72 SXI.AB a'1),0]0.55. 2 C.O., & miter nod 1,150. 3,503.51 12311 29,10).51 3 //Miscellaneous 323.00 CPO 1,123.10 Subtotal :22,090.45 °Extra Cost o1 driveways 24645.10 I Total Abutter's Pcrtlon Illu,35122 Cororuunloy;levelo0menr end Fill''.Pardon 2,0,525.32 TOTAL PROJECT COST T'150 q.10 • 4.1ssessmenln'rary for each Property owner. 5e2tion 3.The a r list made by the Acilnn City Treasurer for the prowrly In Sort L.ette City,Utah Curia arse Guter rExtenslan Nu.S55-2 II oCt00,gemmed,0511 ollxed completed by the Bunts 01 00u.50zailnn and Review,is and 0eb0'onlirmcd and the o15'rsments mower and retl,rrcd In said comnioteel Ilse and Ma smart and recommended..of Me sake City 1111,1k,Prre lherebl'laddl,od tappl001d anti conilflri,1'li li uniform rotes icy on is Ow Is lovily,nil assessed sl Villrhl:1t0,l moo the rstreetsldnlllich ed0In the Nntico lid of intention,or are so110rentk'h ion—snailthe be assessed to r.lean,of lwelvo(12) oon which they ow to whieii iiisy of ie 1Pran1 or a 1.4 is 11' Sublilvldied flours. s+Ir.c,a11 Iona luT only In Section 5.The whole o �n't M the assessments far said district may Ire pall wlthou F interest within titles°(15) i days idler this ardlnenr_heeorn::_oifer:rlv,:-Any part of Iho eyment not pale:ullhln su,l,fl(Y<oh(151 slay P2rIt,,, yeers effective)le date of 111l5 dinanceever n peried not tolxce ln tent(110)en substantially requal annuol installments with interest on His unpaid balance of Iho assessment et the rate of seven uorced IM'4 per eon:m trent