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45 of 1974 - A resolution levying assessment on the abutting property owners of Underground Conversion of Utiliti Resolution No. 45
♦ N
Stephen M. Harmsen
~y COMMISSIONER
Levying assessment on the abutting
property owners of Underground
Conversion of Utilities District No.
8F-IA for the total cost of the
conversion.
Presented to the Board of Commissioners
AND PASSED
JUL 171914
)4►, t ,,
CITY AEC(
Y �
ROLL CALL
/ VOTING Aye Nay Salt Lake City,Utah, July 17 19 74
Mr.Chairman
Greener / \, I move that the(Resolution be adopted.
Harmsen
listI-
Harrison /4 L. `
Phillips
Result RESOLUTION
/ J/ WHEREAS, this Board of Commissioners resolved on February 3,
1971, to proceed with the improvements known as Underground Conversion
of Utilities District No. 8-F-1A; and
WHEREAS, this Board on March 17, 1971, under resolution declared
the costs of said district, pursuant to the requirements of Section
54-8-14, Utah Code Annotated 1953. as amended, and performed all pre-
liminary functions in accordance with the requirements of the State
Underground Conversion of Utilities Law, Utah Code Annotated 1953,
Section 54-8-1 through 14; and
WHEREAS, said Board, by proper resolution, set up a Board of
Equalization and Review in conformity with Section 54-8-15, 16 and
17 of said law; and
WHEREAS, beginning on the 17th day of July, 1974, said Board of
Equalization and Review for Underground Conversion of Utilities District
No. 8-F-1A, heard all arguments relating to the benefits accruing to
the property affected by said district and the amounts proposed to
be assessed against such property, and after considering the arguments
presented and making such corrections in the assessment list as they
considered just and equitable, they submitted their report to the
Board of City Commissioner:: concerning their findings.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
SALT LAKE CITY, UTAH:
1. That pursuant to Underground Conversion of Utilities District
No. 8-F-1A, the City does hereby assess the abutting property owners
for the total cost of the conversion by special tax assessment to be
paid in ten (10) annual installments, plus seven percent (7%) interest
on the unpaid balance, according to the square footage of all lots to
be benefited by the conversion, as follows:
Lot 14 (435 Northmont Way) 18,080.52 square feet -- $1,463.60
Lot 15 (445 Northmont Way) 18,080.52 square feet -- $1,463.60
Lot 16 (445 Northmont Way) 18,080.52 square feet -- $1,463.60
Lot 17 (447 Northmont Way) 18,080.52 square feet -- $1,463.60
Lot 18 (451. Northmont Way) 18,080.52 square feet -- $1,463.60
Lot 19 (455 Northmont Way) 17,669.28 square feet -- $1,430.50
-2-
2. That no proposed assessment on the above assessment list
exceeds the benefits to be derived from the improvement by the piece
of property to be so assessed.
3. That no piece of property so listed will bear more than its
proper proportionate share of the cost of the improvement.
Passed by the Board of Commissioners of Salt Lake City, Utah,
this 17th day of July , 1974.
i t`
�C T .`:RE ••DER
Underground Conversion of Utilities District No. 8-F-1A
Published-July 18, 1974