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HomeMy WebLinkAbout92 of 1957 - Levying a tax assessment of property Lighting District No. 19-C, Operation, Main Street from 9th Sou ROLL CALL / Salt Lake City,Utah, � 31 "� 195 VOTING Aye Nay 17I move that the ordinance be passed. Burbidge . . Christensen cj&xel4Fr .ELLI G / a- Avv:at-: a_- Romney . . . .l ✓/ ll AN SORbINANCE Mr.Chairman . Result AN ORDINANCE LEVYING A TAX and for the assessment of property in LIGHTING DISTRICT NO. 19-C, for the purpose of providing for the operation, maintenance and patrolling of lumen incandescent lamps, and the furnishing of electrical energy therefor. Be it ordained by the Board of Commissioners of Salt Lake City, Utah. SECTION 1. That the Board of Commissioners of Salt Lake City does hereby levy the tax and provide for the assessment of the same upon the property hereinafter described in Lighting District No. 19-C, for the purpose of providing for the operating, maintenance and patrolling of lumen incandescent lamps and the furnishing of electrical energy therefor, to-wit: Lots 6, 7, 8, 9, and 10 of Block 22, 5 Acre Plat A, and Lots 12, 13, 14 and 17 of Block 22, 5 Acre Plat A, Lots 4-11 incl., Blk. 7, Main Street, 2 & 3, Blk. 7, Main Street, 12-21 incl., Blk. 10, Main Street of Block 22, 5 Acre Plat "A" abutting on the following streets, to-wit: Main Street from 9th South Street to Harvard Avenue on the east side and to Fremont Avenue on the west side. in Salt Lake City, Utah. ,, This tax is levied to defray the expense of providing for the operation, maintenance and patrolling of lumen incandescent Imps and furnishing with electrical energy on the all-night schedule for a period of ten years from October 29, 1957 to October 29, 1967, 15,000 lumen incandescent lamps, and it is hereby adjudged, determined and established that said property will be especially benefited thereby to the full amount of the tax hereby levied, and said parcels of land are hereby assessed at an equal and uniform rate in accordance with the linear foot frontage upon and to the entire depth of the same ownership back therefrom not exceeding 330 feet, and the tax hereby levied and to be assessed upon said parcels of land is 92 -2- $25,517.01 or $7.844508 per front or linear foot of abutting property, there being 3,252.85 feet abutting said portion of said improvement, and the cost of which operation, maintenance, patrolling and furnishing of electrical energy and the property benefited thereby is hereinafter set out, and all within the boundaries of the lots, blocks and streets above mentioned in said district, which is the total abutters' cost and cost per front foot of said improvement for a period of ten years, according to the contract entered into for the performance of said work and making said improvement with Utah Power & Light Company, dated October 29, 1957, and the City Treasurer is hereby authorized and directed to assess in accordance with the provisions of this ordinance, for the purpose herein mentioned: FRONTING ON THE WEST SIDE OF MAIN STREET All of Lots 7, 8 & 11, Block 22, 5 Acre Plat A; the North 254.1 ft. of Lot 6; the South 254.1 ft. of Lot 9; the North 254.1 ft. of Lot 10, Block 22, 5 Acre Plat "A"s FRONTING ON THE EAST SIDE OF MAIN STREET All of Lots 12, 13 & 14, Block 22; All of 4-11 incl., Blk. 7, Main Street, of Block 22; The north 254.1 ft. of Lot 17, of Block 22; the west 71 ft. of Lots 2 & 3, Bik. 7, Main Street, of Block 22; All of 12-21 incl., Block 10, Main Street, of Block 22, 5 Acre Plat "A" 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 in Lighting District No. 19-C of Salt Lake City for the purpose of providing for the installation of lumen incandescent lamps, 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. Said tax shall be payable in ten equal yearly installments with interest on any delinquent installment unpaid at the rate of ten per cent per annum, which interest shall be charged from and after the due date of each installment, to-wit : one-tenth thereof fifteen days after the ordinance levying the tax for the payment of the improvement becomes effective; one-tenth thereof one year thereafter; one-tenth thereof in two years thereafter; one-tenth thereof in three years thereafter; one-tenth thereof in four years thereafter; one-tenth thereof in five years thereafter; one-tenth thereof in six years thereafter; one-tenth thereof in seven years 92 . -3- thereafter; one-tenth thereof in eight years thereafter; one-tenth thereof in nine years thereafter; provided, however, that one or more of such installment in the order payable, or the whole tax, may be paid without interest within fifteen (15) days after the date this ordinance becomes effective. Default in the payment of any such installment of principal when due shall cause the whole of the unpaid principal to become due and payable immediately, and ,the whole amount of the unpaid principal shall thereafter draw interest at the rate of ten per cent 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 per cent 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. This ordinance shall take effect one day after its first publication. Passed by the Board of Commissioners this 31,s - of Dece_12er -� ECO ER ( SEAL BILL NO. 92 of 1957 LIGHTING DISTRICT NO. 19-C First and Final Estimate Published January 3d, 1958