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74 of 1978 - Levying a tax for the assessment of property in Curb and Gutter Extension No. 585 on Regent Street, f VOTING Aye Nay Salt Lake City,Utah, May 16 ,1978_ Mr.Chairman ✓ Agraz I move that the Ordinance be passed. Greener ✓ b*R9k•HALL a Phillips ✓ Result ANOIZ NANCE AN ORDINANCE LEVYING A TAX for the assessment of property (Curb and Gutter Extension No. 585) for the purpose of constructing curb and gutter, brick sidewalk, paving and miscellaneous. 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 ii; , same upon the property hereinabove described for the purpose of constructing curb and gutter, brick sidewalk, pavement and miscellan- eous, to-wit: AREA: Block 70, Plat "A" Salt Lake City Survey BOUNDARIES: North - 1st South Street South - 2nd South Street East - State Street West - Main Street STREETS: Along the following named streets the abutting property frontage will be assessed for their share of the new improvements built at the herein listed rates of cost per front foot of abut- ting property which amounts to one half the total cost of the project. The Salt Lake City Redevelopment Agency share will be the remaining portion of the total cost of project. REGENT STREET Both sides between First South and Second South Street'. Rate No. 1 ORPHEUM AVENUE Both sides between Regent Street and State Street. Rate No. 2 The tax is levied to defray the expense of constructing curb and gutter, brick sidewalk, paving and miscellaneous. CURB AND GUTTER, BRICK SIDEWALK, ASPHALT PAVING AND MISCELLANEOUS ON REGENT STREET Fronting on the West Side of Regent Street Commencing at the Southwest Corner of Regent Street and First South Street and running thence South 665.90 feet, Lots 3 and 6, of Block 70, Plat "A", Salt Lake City Survey. Fronting on the East Side of Regent Street Commencing at the Southeast Corner of Regent Street and First South Street and running thence South 177 feet, Lot 6, of Block 70, Plat "A", Salt Lake City Survey. 74 -2- Commencing at the Southeast Corner of Regent Street and Orpheum Avenue and running thence South 443.85 feet, Lots 3 and 6, of Block 70, Plat "A", Salt Lake City Survey. CURB AND GUTTER, BRICK SIDEWALK, ASPHALT PAVING AND MISCELLANEOUS ON ORPHEUM AVENUE Fronting on the North Side of Orpheum Avenue Commencing at the Northeast Corner of Orpheum Avenue and Regent Street and running thence East 335.94 feet, Lots 6, 7 and 8, of Block 70, Plat "A", Salt Lake City Survey. Fronting on the South Side of Orpheum Avenue Commencing at the Southeast Corner of Orpheum Avenue and Regent Street and running thence East 336.75 feet, Lots 6, 7 and 8, of Block 70, Plat "A", Salt Lake City Survey. The tax hereby levied and assessed is levied upon each of the blocks, lots, lands and real estate within the Special Improvement District known as Curb and Gutter Extension No. 585, fronting or abut- ting 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 inprovement. 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 $102,459732'and consists of $84,415.88 or $65.60395 per linear or front foot of abutting property for constructing 1,286.75 feet of curb and gutter, brick sidewalk, asphalt paving and miscellaneous on Regent Street; $18,043.16 or $26.82240 per linear or front foot of abutting proeprty for constructing 672.69'feet of curb and gutter, brick sidewalk, asphalt paving and miscellaneous on Orpheum Avenue. 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 74 -3- due under that certain contract duly let to Gibbons and Reed Company dated November 30, 1976. The City Treasurer is hereby authorized and directed to assess the real property hereinabove referred to in accordance with the pro- visions 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, or the property described in Section 1 of this ordinance (Curb and Gutter Extension No. 585) of Salt Lake City, Utah, for the purpose of constructing curb and gutter, brick sidewalkrand miscellane- ous upon said portions of said streets, is hereby confirmed and the assessments made and returned to 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 becomes effective, one or more installments in the order 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 paying the 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 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 7,1 -4- 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 install- ments 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 16th day of May , 1978. O//:// CITY RECORD (SEAL) BILL NO, 74 of 1978 Published May 16, 1978 (Certified copy sent to City Treasurer's Office 5-16-78) tied 35A Affidavit of Publication STATE OF UTAH, ss. County of Salt Lake AN ORDINANCE Shana D. Palmer AN ORDINANCE LEVYING A TAX for the assessment of property(Curb and Gutter Extension No.S85)for the purpose of constructing curb and gutter, brick sidewalk, paving and misc ellaneous.It orda. Be it ordained by the Board at Commissioners of Salt Cite, Utah:SECTION 1.That the Board of Commissioners of Salt Lake Beingfirst dulysworn,deposes and saysthat he is legal City, Utah,toes hereby levy the tax Id provide far the P for Me purpos the e of corstr inp curb andg e�brick sidewalk advertising clerk of the DESERET NEWS, a daily pay AREA:ndmlxahaneoa6,rowd: (except Sunday) newspaper printed in the English Block 70,AREA. Utah, Plat"A",,Salt Lake City Survey. language with general circulation in and Nom,=1st South Street ". South-2ndSouth Street published in Salt Lake City, Salt Lake County, in the East—State Street• West ETS: Street State of Utah. STREETS:At°21 th falsesseg name°rite or the th now improve tentage watt t to erein nsed for their costs per ron now improvements pert which amounts to one half the total cost of torero ttt;eoroec?T"re°SaaltLaakecltyRedde Redevelopment K'vsiareswlh That the legal notice of which a copy is attached hereto be the remaining eortionol the total cast Of protect. REGENT STREET Both sides between First South and Second Sleuth Streets, Rate No.1 Pub notice of an ordinance levying a tax: Curb ORPHEUM AVENUE Both sires between Regent Street and'State Street.Rate No.1 and cWfer,'brick sidrwalk`k,,eau the vhg:od relabella`en'usaG1�curb- & Gutter Extension $585 CURB AND GUTTER,BRICK SIDEWALK,ASPHALT PAVING AND MISCELLANEOUS ON REGENT STREET Fronting en the West Side of Regent Street First South Street anmnencron at d drrunning Southwest Swift 665`�.90'feet,Lotseet "1 and 6.of or tyre East Side of Regent Streetrvey. • Commencing at the Southeast Corner of Regent Street and First Sixth Street and running thence South 177 feet,Lot 6,OI Bleck 70,Plat"A",Salt Lake City Server. Cammeoclrg at the Southeast Corner of Regent Street and Orrtheum Avanoe and runes thence South 443.85 feet,Lots 3 old 6,of Block 70,Plat"A",Salt City Survey. CURB AND GUTTER,BRICK SIDEWALK,ASPHALT PAVING AND MISCELLANEOUS ON ORPHEUM AVENUE Fronthg en the North Side of Ornneurn Avenue and RegeenntStreetaannddNortheastencerFeetof 3159 hfeet,o6,Avenue was published in said newspaper on May 16, 1978 and R,of Block 10,Plat runningA",Salt Lake City Survey. Fretting on the South Side of Orpiment Avenue Commencing at the Southeast Corner of Orpheutn Avenue and Regent Street and running tlence East 336.75 feet,lots 6,7 and B,of Block 70,Plat"A",Salt Lake City Survey. The tax hereby levied end assessed is levied°beneath of the blocks,lots,lands and rev estate within the Special Improve. tram District known as Curb and Gotten Extension Na.:A5, fronting or abutting upon or adiacerd to the streets which have is llevied odd within at an ial equal quImprovementl matdistrict.ore such • Legal Advertising Clerk property In accordance with the linear and footage t thereof and to the full depth of each such parcel of real properly held in the ownership but not exceedlon 300 feet In depth and as 16 the diundivided trcch,not to a eater depth than the...amen sta subdivided real"estate ix tarred for theame'fore me this 22 day of improvement a hereby found and determined that the read erolwm hereby faxed and assesseH is benefited by the Improvements /� which have been completed to the full amount of the tax hereby A.D. 19 74 levied. The fax hereby Marled and assessed Is In the fetal slim of front$102,459.04 and mnslsh of 584,415.88 t'ba or$656W'95 tsar linear or fiord foot of abutting properly for constructing 1,206,75 feet of curb and gutter,buck side._elk asphalt paving and cner o- e� laneous Regent Street;$1 fee constructing $fb 224 linear cure front foot of abutting property for constructing 672.69�het of curd q and gutter,brick sidewalk,asphalt paving and mlecel Iapetus on Ordleum Avenue ' ( The amount al the tax hereby levied and assessed does not Y ' ,��n exceed the total cost of the Improvements In said special improvement °toal tat `tradtctcitaullot total nerthaerainnonrctdyett Notary Public Gibbons and Reed Company dated November 30,1976. The City Treasurer is hereby authorized and directed to assess the real property herelnabove referred to In accordant= with live pordinance provisions of this Mr the r005e herein re " me tied ended mired sat tax,as provided by law. SECTION 2.That the assessment list made be the City Treasurer,as corrected,approved and completed by the Board of Equalization and Review,on the property described in Section '1 of this ordinance(Curb and Gutter Extension No.58S)of Salt Lake City,Utah,for the purpose of costructine curb and gutter, crick sidewalk,asphalt pn Ire and m soollaneem upon said portions of said streets,is hereby confirmed and the assessments made and returned M said completed lists and the report of the Board of Equnlieealon and Review to the Board of Commission, • of Sall Lake City, are hereby ratified, approved and .rhrmed. O SECTION 3.Than said tax shall be parable In ten(10(equal yearly insfallmenl5 asprovided by law and ordinance,with Interest on the whole m unpaid at Mu to f yen percent (7%)par 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 I within ftteeen(1S)days from the date this ordinance becomes etie hive,one or more installments In the order in which they are payable,er the whole special tax may be bald after seld'15 days' and before the hut installment becomes due by paying the same with interest Iron the date of levy to the dote such MD Hstallnent Is due.One or more nstallments In the order In which oe are payable,or the whale special tax may he paid en the date i fa l any installment beef 050s a be paving the amount thereof and interest Default In the payment of any such installment of planchet' or Interest when due shah cause the whole of the unpaid principal and interest to lecoate due and pavane Immediately and the ihe mount of the weak!principal shall thereafter draw ntalerest at the rte weak!of ten percent(10%)per annum until paid,but tt any time prior to the date of foreclosure,the owner may pay he amount of all unpaid Installments that are past due with interest at the rate of 10%per annum to dale of payment on the �'• elinquent installments, art all accrued costs, and shag thereupon he tared to the right rhereafer to pay In installments in the same manner as 11 default had not occurred. SECTION a.In the°pinion of the Board of Coiner isslo uls it Is necessary to the peace,health and welfare of the inhabitants of Salt SECT OCitN 15 This ordinance shall take effect upon iective ts first plbtrPcassed by the Board of Commissioners of Salt Lake Clty,• Mari,has 16th day of May,1974. TEIT I..W IL.SON MoveMILDr RED V.City RecorderHIGHPM (SEAL) BILL NO.74 of lore Published May 16,1970 (A-Bin