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HomeMy WebLinkAbout58 of 1980 - Confirming the assessment rolls and levying a tax for the assessment of property in Curb and Gutter ORDINANCE AN ORDINANCE confirming the assessment rolls and levying a tax providing for the assessment of property in the Salt Lake City, Salt Lake County, Curb and Gutter Special Improvement District Extension 38-496 for the purpose of paying the cost of curb and gutter, driveways and other miscellaneous work necessary to complete said improvements in the proper and workmanlike manner; and establishing the effective date of this ordinance. He it ordained by the City Council of Salt Lake City, Utah: SECTION 1. The City Council of Salt Lake City, Utah, hereby confirms the assessment rolls for Salt Lake City, Salt Lake County Curb and Gutter Special Improvement District Extension 38-496 (the "Improvement District") and hereby finds that the assessments are just and equitable; that each piece of property within the Improvement District will he benefitted in an amount not less than the assessment to be levied against said property; and that no piece of property listed on the assessment rolls 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 rolls for the Improvement District. The assessments shall be levied on a front foot basis in the amounts set forth in the assessment rolls, a copy of which is hereby incorporated by reference and made a part of this ordinance. The property being assessed is within the boundaries of the Improvement District all as is more particularly described in the Notice of Intention adopted by the City Commission on the 15th day of August 1978. Said description is incorporated herein by this reference. The assessments hereby levied are for the purpose of paying the cost of construction of curb and gutter, driveways, and miscellaneous work necessary to complete the improvements in a proper and workmanlike manner. Said assessments are hereby levied and assessed upon each of the )(7 parcels of real property described in the assessment rolls. The assessments are levied to the extent the properties being assessed are especially benefitted by the improvements constructed within the Improvement District. Said assessments are levied at equal and uniform rates. The tax hereby levied and assessed is in the total sum of $109,021.67 and consists of $93,653.42 or $14.00 per linear or front foot of abutting property for constructing 6,689.53 feet of curb and gutter, 4' walk and miscellaneous; $6,936.87 or $7.11 per linear or front foot of abutting property for constructing 975.65 feet of 4' walk and miscellaneous; and $2,812.29 or $1.25 per linear or front foot of abutting property for constructing 2,249.83 feet of miscellaneous and $5,619.09 for constructing private driveways. 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 a 10% allowance for administrative costs. SECTION 3. The assessment rolls prepared by the City Treasurer are hereby confirmed, ratified and approved. The tax based upon the assessment rolls is levied and assessed at equal and uniform rates with the full depth of each parcel of real property to be assessed within the Improvement District. SECTION 4. The whole or any part of the assessments for said Special Improvement 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. At such time as bonds are issued for the Improvement District in an amount not in excess of the aggregate total of unpaid assessment balances, the interest rate at which interest will accrue on the unpaid balance of the assessment shall be modified -2- 58 to equal the average interest per annum of said bonds. 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 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 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 ten percent (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 ten percent (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 5. The officials of Salt Lake City, Utah, are hereby authorized and directed to take all action necessary and appropriate to effectuate the provision of this ordinance. SECTION 6. All ordinances or parts thereof in conflict with this ordinance are hereby repealed. SECTION 7. 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 he -3- signed by the Mayor and City Recorder and shall be recorded in the ordinance hook 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 3rd day of June , 19 80 . C H AI CHAIRMAN ' ATTEST: ITY RECORD Transmitted to Mayor on June 3, 1980 Mayor's Action MAYOR ATTEST: Alai A- 7, 7 ,/�I ITY RECORDER U (SEAL) BILL NO. 58 of 1980 Published June 11, 1980 (Certified copy of ordinance sent to City Treasurer's Office June 11, 1980) -4- i8 Affidavit of Publication STATE OF UTAH, ss. County of Salt Lake Shana D. Conaty o Ro-I NANe AN OPDINANCE ontirminn the n rolls arid Iev prtor men nnl o rv•rfy in Salt'Lake tax ay,Salt nLake Coentyr Corn and Gunny c.r•..HI °urb a d totter,driveways thend Mram c°'nayBeing first duly sworn,deposes and says that he is legal improvementof curb d torts, driveway496 r and Mho. I f op no cork neC•.sway to eomPlnte sod'n n ov meals rn the prof`,,1a'n tworkmanttike manner,and estaelienlnn the eN«. advertising clerk of the DESERET NEWS, a daily hve P✓a ordained nv thee C1ty Cnoeei.of Salt Lake City,Utah (except Sunday) newspaper printed in the English hereby conffirmts the assessment sment rolls for Salt Salt Lake Lake iCity.SaUtah, Lake County Curn and cutter SPeclal Improvements District language with general circulation in Utah, and E;eencron 3.496 (the elt;PrevhmentnDistrict.) and hereby published in Salt Lake City, Salt Lake County, in the of p „ertya witnt n the improvement District will State of Utah. w tPCoer,vaxt i not less man me assessment to Ilhtet a -sa seas amount tr rolls and that no aniece $h of p proper listed op assessment rolls will boor improvement. than its pro do n share of the cost of such i not o f Solt to SECT ON 3:a to coy copses of upon Lake City,Utah, That the legal notice of which a copy is attached hereto does �s dherebyilive a tax to be do tar the Irnnnro elment Dis-n rolls riramou an forth inM1 a as levied on Dill Inol basis is t sses5m a Ir the amounts sal loch in me assessment rolls,a cony t whim .5 here,.inePrrprope l by being ses and made a peal o+this Pub notice of an o 'dj,nd%1F2...C.ozl xK'tn].ng...the..ass.ess— ries 1 ine Imo ovements o stl assessed I within more the kola tyy alas 9 - as d more enr le Co nl o,00 on the assessments day+o Intention 19) descemtloc City in the Not o adoptedhe incorporated herein by this ref..P. Is zit?nt..:xQ�..lS...&...L.(.'v.YznsJ...a..tax hereby tolled arefor the purpose 01 Pay n thle cost f construction or cum tro gutter, r;veway6,and work necessary to complete the;morovemenis to a s workmanlike manner, pro., and assessments are hereby levied and assessed bed each Mrolls.Te parcels ssfeenis armlet'. Are Peniea to r e extent the es being assessed are e lit/benefttled by the Improve- uet,d within the ilnnroyement District,Said as s oafs ve kyles alma,and uniform rates, eiGThe tax hereby Ievled and assessed;s bathe total sum of 5to°1021 6l and consiots or 493,653.42 or 314.00 per linear o front font of butting Property for constructing 6,68953 feet of rrrls and gutter, walk and rnlscellanenes:56,9.16.11t or fy,11 front foot +abutting property for constructing nth 65 fnrel n1 a'walk ando Ilannousv and$2,PIfF9 or SI.[5 per tooth or ent fon of el.,. for e n..hi. was published in said newspaper on June„Z�_,,..193 2.ga9.81 feet aftm eallaneaus and 55,619.09 far construrting Pr to drly v ho amount ofIM tax hereby!cored and assessed does not end rho loth'r of the ion foil in said special ar0 d.athwance lt or ndtl o the n interim f d Sk CT ION 3 I lie assessment rolls prepared by the City -Treasurer are heron herohY Cniaithied,ratified and apnroved.The Y. ,�''� a ./1� V. Cv11/Lr\/�^ � lax.sand upon m ales with u s oe-ar a. swsed of _ ...,. ✓ l d t Pohi full depth l h p or real property t hin the Into overoantss is l Legal Advertising C erk SFCI ON o whole I t me inter.for ad 11 ID' 1 e o t rst tit fifteen(he L thisa a 1+ tit/ part i to f f withal h i f n t r! d f Molt h iv period i t eU to I of 1 h -r dale f n,ordinance on pre me this l.$ 77 day of (Ion b t S I installment., Ita interest to d r um t ih of seven r 1 ft d e tit 4 I Percent Disoath e Ob.h, :I t nor in excess ot o n n ggr tor the .,..,A.D. lg„S.Q,. Iota,pato l which ter t a cr r thenpa d balance n the assess- ment ant shad he modil Ted 1 rat interest per an- num of sold bonds. Inlel�sl n shall'he Paid tint adni,on to the amount of each such trtsfallment anon,.at the l -ea. amtallment baronies duo Alter saal tar ( dayd npatd against V Ib- h 1 t) b I,.the m a t which they become du,tort awe six,.orcdav r- l t y r al r thet ic tl tt r the, en,o the next ornoNotary Public sea s Issued ssu interest Is special succeeding dowhy te rod entrn;us sc.aroklo a o amount s,,n��he of a cnis Puts such a neressal a ass r d the opinion of rn City Trea.Urea, r loos o the a ai bonds o+ Ill ere':;f on the sit nI bends o velt+r payable on�nmee dun and a bo call may rrierme Ulvabla on redeemable us naiwhlch IvaneoP called In order to ili cetheasse the payn1 saran adstallm Dolam m cease of a nslallf the of Principal prince mP Paym est w n tluc sna'I e rsa Ineswhnlenays le rho a paiA ontl intc toe e dare and p aMe mhall tfere n Pal wimp amount of a of enfold enlnaipal shad thereafter dead,h,leres the Talc of ten In eat(lath)sale prysurd said,the a v bone Prior n IMr Warn a d t r Salo'Ots oast the o v the a m1 of a bald 10,)r eels n.. due, edaetr owner on rate edelii quenntte stylirr„ontr.Ser and ved 1costs.nod shall thereupon M r.rl to the right 011 ther ,to ay in r siallmenth in the same manner as Tel defa u11 nod noteocr erred _LOTION 5.The ofnr;ms P Sod lake City,UhM,a landnanornpriao.to Wort..also of ov s lu troll of this ordinance SECTION 6. All ordalanros p naos,her eof In conflict with this ordinance are hovel.repealed SECT ION/.An e e hereby declared,the pr eser- yahoo of peace.heart and usolely of Salt Lake Cry an[t the Inhabitants thereat c odlatery after ifs ado, lion,foss nrd'aianre.?h II renewing nerl dr I e Mayor and Clty Rea order and all her urdetl vt the Prd nonce Ixwk kepi toe that r Said ordinance publ be twnhsncd n n the Des rat News, a Pubtah,a and t l tit g circulation in Son l ake passa•e a Utah, and snail Inks er n aS nndiolely upon its passage and approval and publlcalion as • and by is tTLA_CITY, UTAH.APPROV,D PY ddyof-iffy COIINt-IL OF Sat T LAKF CI i V,UTAH.oils 3rd day of bloc.19W1 RONAIDJ.WCHAIk AN HAI(. k'MAN Mil DRED V.14IC1-tAM (.,"V kEt DRDEb Transmitted to Mayer-n.tune 3.In.O Mayor's Ac 1 inn 'AMAYSOv ATTEST. 042 MILOREOCtr rllhloaM f lTv(.E[ rR CtR [SuAI_) b11.1.NO.sS of 1980 Publish.lone 11,198C A"q r