023 of 1987 - Equalized Assessment Rolls and Levying Tax in the Aggregate Amount of $231,324.00 Curb and Gitter Ex CITY RECORDER
` 324 South State, 5th Floor
Salt Lake City, Utah 84111
4438300 ORDINANCE NO. 23 of 1987
AN ORDINANCE CONFIRMING THE EQUALIZED ASSESSMENT
ROLLS AND LEVYING A TAX IN THE AGGREGATE AMOUNT OF
$231,324.00 PROVIDING FOR THE ASSESSMENT OF
PROPERTY IN SALT LAKE CITY, UTAH 200 SOUTH STREET
BEAUTIFICATION CURB AND GUTTER EXTENSION NO. 38-800
FOR THE PURPOSE OF PAYING THE COSTS OF CONSTRUCTION
OF DECORATIVE SIDEWALKES, NEW CURBS AND GUTTERS,
STREET LANDSCAPING, SPRINKLING SYSTEMS, PLANTERS,
IMPROVED STREET LIGHTING AND NEW STORM DRAIN
FACILITIES AND ALL 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 equalized and approved
by the Board of Equalization and Review for Salt Lake City,
Utah 200 South Street Beautification Curb and Gutter
Extension No. 38-800 (the "District" ) , and hereby confirms
the findings of the Board of Equalization and Review that the
proposed list of assessments as equalized by the Board of
Equalization and Review for the District is just and
equitable; that each piece of property within the District
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will be benefited in an amount not less than the assessment
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to be levied against said property; and that no piece of p
property listed in the assessment list will bear more than
its proportionate share of the cost of such improvements. CD
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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 the District . 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 assessments hereby levied are for the purpose of
paying the cost of constructing improvements on certain
streets within the District consisting of the construction of
decorative sidewalks, new curbs and gutters, street
landscaping, sprinkling systems, planters, improved street
lighting, new storm drain facilities and 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 the District which list
has been incorporated herein by reference and made a part of
this ordinance. f
Said assessments are hereby levied and assessed upon
each of the blocks, lots, parts of block and lots, tracts or o
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parcels of real property described in the assessment list
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according to the extent that they are specially benefited by
the improvements thereon. Said assessments are levied upon
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the land and lots in the District at equal and uniform rates. 0
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The total cost of the improvements in the District is
$405,580.09, of which total cost the City' s portion is
$174,256.42. The balance to be assessed to the owners of
property affected or benefited by the improvements in the
District is $231,323.67, which is the total amount of the
assessment hereby levied for the District and which does not
exceed the aggregate 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) connection fees, if any; (e) the interest on any
interim warrants issued against the District; and
(f) overhead costs not to exceed fifteen percent (15%) of
the sum of (a) , (b) , (c) and (d) .
The interim warrants issued to finance the cost of
construction were purchased by the City from the District in
the form of advances from pooled cash of the City paid as
construction progress installments became payable. The
amount of the advances were determined by the negative cash
balance of the District. The interest which has been
included in the amount to be assessed has accrued on the
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negative cash balance. The rate of interest charged for this CO
interim warrant financing has been the City' s investment rate
which has been significantly less than the market rate for O
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interim warrants sold on the open market.
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Section 3. The assessment list made by the City
Treasurer for the property in the District as 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,
recommendation and decision 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.
Section 5. The whole or any part of the assessments for
the 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 the net
effective rate of the assessment bonds to be issued.
Interest from the effective date of this Ordinance shall be
paid in addition to the amount of each such installment
annually at the time each installment becomes due. After o
said fifteen (15) day period, all unpaid installments of an
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assessment levied against any piece of property (but only in
their entirety) may be paid prior to the dates on which they
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become due, but any such prepayment must include an
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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 assessment 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 assessment 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 eighteen percent (18%) 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 18% 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 o
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does hereby reaffirm the creation of a special improvement 0
guaranty fund and shall at the time of each annual
appropriation ordinance, so long as any special assessment 0
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bonds of Salt Lake City remain outstanding, transfer to said
fund each year such amount as a tax levy of not to exceed a
tax rate of .002 will produce, either through a levy of a tax
of not to exceed a tax rate of .002 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 assessment
bonds and interest thereon issued against local improvement
districts for the payment of local improvements 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
Chairperson and City Recorder and shall be recorded in the
ordinance book kept for that purpose. Said ordinance shall o
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be published once in the Deseret News, a newspaper published o
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and having general circulation in Salt Lake City, Utah, and
shall take effect immediately upon its passage, approval and
publication as required by law.
Section 10. The City Recorder is hereby authorized and
directed to file a copy of the assessment ordinance and final
assessment list within five (5) days from the date hereof in
the Salt Lake County Recorder 's office. If the assessment
ordinance incorporates the assessment list by reference, the
City Recorder is further directed to file a copy of the final
assessment list with the Salt Lake County Recorder.
Section 11. The City Treasurer is hereby authorized and
directed to give notice of assessment by mail to the property
owners in the District. Said notice shall, among other
things, state the amount of the assessment and the terms of
payment, a copy of the form of notice of assessment is
available for examination upon request at the office of the
City Recorder .
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ADOPTED AND APPROVED by the City Council of Salt Lake
City, Utah, thisl4th day of April, 1987.
/S/ Roselyn Kirk
Chairperson
ATTEST:
/S/ Kathryn Marshall
City Recorder
( S E A L )
BILL 23 of 1987
Published: April 21, 1987
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STATE OF UTAH
COUNTY OF SALT LAKE � ss
Lynda Domino Chief Deputy , City Recorder of Salt Lake City, Utah,
is a full, true, and correct copy of Ordinance 23
do hereby certify that the attached from
1987 confirming the equalized assessment rolls and levying a tax providing for
. .. ...I........ .... . ......... .............. .... ..
the assessment of property in Salt Lake City, Utah, Curb and Gutter„ x �nsion
No. 38-800; and
was dulya p Y Y Y.
approved and accepted b City Council/L�c�i�WiexAction of Salt Lake City, Utah, hilt,,...•.•...,,..J..;r..
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day of .April............................. . A.D. 19 . .87.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the corporate '-ell of-Saft�rL2E{i�C�ity, L;Mh,
lhth........... day of .......April
this .. ..... 8
A.D. 19 . ` y
Chief !'Lp tyCity Recorder of Salt Lake City, Utah
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SALT LAKE CITY CORPORATION SPECIAL IMPROVEMENTS DISTRICTS PAGE 1
FINAL TAX ROLL REPORT FOR DISTRICT TYPE C EXTENSION 800
DATE PRINTED : 08:24:08 AM WEDNESDAY JANUARY 7, 1987
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PROPERTY NUMBER PROPERTY ADDRESS OWNER NAME
15 01 129 025 0000 32 W 200 S # WESTGATE BUSINESS CENTER 001
PROP TYPE ZIP 84101 0000 CRIS 0000 ATTENTION CORNER LOT SIDE
OWNER ADDRESS 230 S 500 W APT CITY SLC ST UT ZIP 84101 0000 CRIS 0000
BEG 100 FT E FR SW CDR OF LOT 4, BLK 66, PLAT A, SLC SUR N 0-03'48" W 178.4 FT; E 165; N 21.6 FT; E 395 FT; S
200 FT; W 560 FT TO BERG.
� OTHER CHARGES DESCRIPTION FOOTAGE EXCLUDED ASSESSED R A T E CODE AMOUNT
G _T^ C & G,SDWALKS,PLANTER 560.00 560.00 149.37000000000 01 83,647.20
oti , j RETAINING WALL -IN VAU 13.00 13.00 49.79000000000 02 647.27
C & G,SDWALKS,PLANTER 200.00 200.00 89.62000000000 03 17,924.00
TOTAL OTHER CHARGES TOTAL ASSESSMENTS 102,218.47
ASSESSMENT PLUS OTHER CHARGES 102,218.47
PLUS CITY PERCENT ( 0.000 %) ON ASSESSMENTS
GRAND TOTAL ASSESSMENTS 102,218.47
PROPERTY NUMBER PROPERTY ADDRESS OWNER NAME
15 01 129 011 0000 380 W 200 S #REAR CANNON, EDWIN Q, JR FAMILY LIMITED PARTNERSHIP 002
PROP TYPE ZIP 84101 0000 CRIS 0000 ATTENTION S L STAMP COMPANY
OWNER ADDRESS PO BOX 2399 APT CITY SLC ST UT ZIP 84110 0000 CRIS 0000
n,
BEG AT SW CDR LOT 4, BLK 66, PLAT A, SLC SUR; N 89 58'19" E 100 FT; N 0 3'48" W 178.4 FT; NW'LY ALG A CURVE TO R 120.76
FT; S 89 58'19" W 14.28 FT; S 0 3'48" E 260 FT TO BEG. 3831-177. 5222-133.
OTHER CHARGES DESCRIPTION FOOTAGE EXCLUDED ASSESSED R A T E CODE AMOUNT
C & G,SDWALKS,PLANTER 100.00 100.00 149.37000000000 01 14,937.00
TOTAL OTHER CHARGES TOTAL ASSESSMENTS 14,937.00
ASSESSMENT PLUS OTHER CHARGES 14,937.00
PLUS CITY PERCENT ( 0.000 %) ON ASSESSMENTS
GRAND TOTAL ASSESSMENTS 14,937.00
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SALT LAKE CITY CORPORATION SPECIAL IMPROVEMENTS DISTRICTS PAGE 2
FINAL TAX ROLL REPORT FOR DISTRICT TYPE C EXTENSION 800
DATE PRINTED : 08:24:08 AM WEDNESDAY JANUARY 7, 1987
PROPERTY NUMBER PROPERTY ADDRESS OWNER NAME
15 01 251 003 0000 307 W 200 S # CRANE ASSOCIATES 003
PROP TYPE =--'ZLP 84101 0000 CRIS 0000 ATTENTION
OWNER ADDRESS 12�9 E 1700 S APT CITY SLC ST UT ZIP 84105 3618 CRIS 0000
COIF AT Aft COR. 1&j 3 eLK 64 PLAT A SLC SUR W 10 RDS S 10 RDS E 10 RDS N 10 RDS TO BEG
CTNL"K' C4Af76ES DESCRIPTION FOOTAGE EXCLUDED ASSESSED R A T E CODE AMOUNT
C & G,SDWALK;),PLANTER 165.00 165.00 149.37000000000 01 24,646.05
RETAINING ./ALL IN VAU 79.00 79.00 49.79000000000 02 3,933.41
TOTAL OTHER CHARGES TOTAL ASSESSMENTS 28,579.46
ASSESSMENT PLUS OTHER CHARGES 28,579.46
PLUS CITY PERCENT ( 0.000 %) ON ASSESSMENTS
GRAND TOTAL ASSESSMENTS 28,579.46
PROPERTY NUMBER PROPERTY ADDRESS OWNER NAME
15 01 251 005 0000 331 W 200 S # HAMMOND, HERALD D & MABEL G 004
PROP TYPE ZIP 84101 0000 CRIS 0000 ATTENTION
OWNER ADDRESS 2958 E MILLCREEK CYN APT CITY SLC ST UT ZIP 84109 0000 CRIS 0000
BEG 41 1/4 FT E FR NW COR LOT 6, BLK 61, PLAT A, SLC SUR; E 123 3/4 FT; S 165 FT; W 123 3/4 FT; N 165 FT TO BEG
OTHER CHARGES DESCRIPTION FOOTAGE EXCLUDED ASSESSED R A T E CODE AMOUNT
C & G,SDWALKS,PLANTER 123.75 123.75 149.37000000000 01 18,484.53
TOTAL. OTHER CHARGES TOTAL ASSESSMENTS 18,484.53
ASSESSMENT PLUS OTHER CHARGES 18,484.53
PLUS CITY PERCENT ( 0.000 %) ON ASSESSMENTS
GRAND TOTAL ASSESSMENTS 18,484.53
PROPERTY NUMBER PROPERTY ADDRESS OWNER NAME
15 01 181 003 0000 353 W 200 S # HAMMOND, HERALD & MABLE 005
PROP TYPE ZIP 84101 0000 CRIS 0000 ATTENTION
OWNER ADDRESS 2958 E MILLCREEK CYN APT CITY SLC ST UT ZIP 84109 0000 CRIS 0000
COM AT NE COR LOT 5, BLK 61, PLAT A, SLC SUR; E 41.25 FT; S 165 FT; W 166.25 FT; N 165 FT; E 125 FT TO BEG
OTHER CHARGES DESCRIPTION FOOTAGE EXCLUDED ASSESSED R A T E CODE AMOUNT
C & G,SDWALKS,PLANTER 166.25 166.25 149.37000000000 01 24,832.76
TOTAL OTHER CHARGES TOTAL ASSESSMENTS 24,832.76
ASSESSMENT PLUS OTHER CHARGES 24,832.76
PLUS CITY PERCENT ( 0.000 %) ON ASSESSMENTS
GRAND TOTAL ASSESSMENTS 24,832.76
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SALT LAKE CITY CORPORATION SPECIAL IMPROVEMENTS DISTRICTS PAGE 3
FINAL TAX ROLL REPORT FOR DISTRICT TYPE C EXTENSION 800 r
DATE PRINTED : 08:24:08 AM WEDNESDAY JANUARY 7, 1987
PROPERTY NUMBER PROPERTY ADDRESS OWNER NAME
15 01 181 002 0000 357 W 200 S # TSERN, JOHN F & REBECCA Y (TRS) 006
PROP TYPE ZIP 84101 0000 CRIS 0000 ATTENTION
OWNER ADDRESS 2038 HIGHLAND OAKS DR APT CITY ARCADIA ST CA ZIP 91006 0000 CRIS 0000
BEG 10 RD E FR NW CDR LOT 5 BLK 61 PLAT A SLC SUR E 40 FT S 10 RD W 40 FT N 10 RD TO BEG LESS ROFW 4636-0945 5414-0583
OTHER CHARGES DESCRIPTION FOOTAGE EXCLUDED ASSESSED R A T E CODE AMOUNT
C & G,SDWALKS,PLANTER 40.00 40.00 149.37000000000 01 5,974.80
TOTAL OTHER CHARGES TOTAL ASSESSMENTS 5,974.80
ASSESSMENT PLUS OTHER CHARGES 5,974.80
PLUS CITY PERCENT ( 0.000 %) ON ASSESSMENTS
GRAND TOTAL ASSESSMENTS 5,974.80
PROPERTY NUMBER PROPERTY ADDRESS OWNER NAME
15 01 181 001 0000 375 W 200 S # D F B BUILDING CO 007
PROP TYPE ZIP 84101 0000 CRIS 0000 ATTENTION
OWNER ADDRESS 375 W 200 S APT CITY SLC ST UT ZIP 84101 1269 CRIS 0000
`J COM AT NW CDR LOT 5, BLK 61, PLAT A, SLC SUR; S 206 FT; N 45 E 57.9 FT; E 124 FT; N 165 FT; W 165 FT TO BEG 4518-1210
OTHER CHARGES DESCRIPTION FOOTAGE EXCLUDED ASSESSED R A T E CODE AMOUNT
C & G,SDWALKS,PLANTER 165.00 165.00 149.37000000000 01 24,646.05
TOTAL OTHER CHARGES TOTAL ASSESSMENTS 24,646.05
ASSESSMENT PLUS OTHER CHARGES 24,646.05
PLUS CITY PERCENT ( 0.000 %) ON ASSESSMENTS
GRAND TOTAL ASSESSMENTS 24,646.05
PROPERTY NUMBER PROPERTY ADDRESS OWNER NAME
15 01 129 024 0000 140 S 300 W # UTAH PAPER BOX CO 008
PROP TYPE ZIP 84101 0000 CRIS 0000 ATTENTION
OWNER ADDRESS 340 W 200 S APT CITY SLC ST UT ZIP 84101 0000 CRIS 0000
BEG 100 FT E &N 0'03'48" W 178.4 FT FR SW CDR OF BLK 66, PLAT A, SLC SUR; NWLY ALG CURVE TO R 120.76 FT; S 89'58'19"
W 14.28 FT; N 70 FT;E 660 FT; S 130 FT; W 395 FT; S 21.6 FT; W 165 FT TO BEG. 5543.54
OTHER CHARGES DESCRIPTION FOOTAGE EXCLUDED ASSESSED R A T E CODE AMOUNT
C & G,SDWALKS,PLANTER 130.00 130.00 89.62000000000 03 11,650.60
TOTAL OTHER CHARGES TOTAL ASSESSMENTS 11,650.60
ASSESSMENT PLUS OTHER CHARGES 11,650.60
,,, Z4.,--.� rrn• PLUS CITY PERCENT ( 0.000 %) ON ASSESSMENTS
Z,F-,'tc _" ' GRAND TOTAL ASSESSMENTS 11,650.60
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SALT LAKE CITY CORPORATION SPECIAL IMPROVEMENTS DISTRICTS PAGE 4
FINAL TAX ROLL REPORT FOR DISTRICT TYPE C EXTENSION 800
DATE PRINTED : 08:24:08 AM WEDNESDAY JANUARY 7, 1987
*********** TOTALS DISTRICT & EXTENSION C - 800
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OTHER CHARGES DESCRIPTION FOOTAGE EXCLUDED ASSESSED R A T E CODE AMOUNT
C & G,SDWALKS,PLANTER 1,320.00 1,320.00 149.37000000000 01 197, 168.39
RETAINING WALL IN VAU 92.00 92.00 49.79000000000 02 4,580.68
C & G,SDWALKS,PLANTER 330.00 330.00 89.62000000000 03 29,574.60
TOTAL OTHER CHARGES TOTAL ASSESSMENTS 231,323.67
ASSESSMENT PLUS OTHER CHARGES 231,323.67
PLUS CITY PERCENT ( 0.000 %) ON ASSESSMENTS
GRAND TOTAL ASSESSMENTS 231.323.67
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Salt Lake City, Utah
April 14, 1987
A regular meeting of the City Council of Salt Lake City,
Salt Lake County, Utah, was held on Tuesday, April 14, 1987,
at the hour of 6: 00 p.m. at its regular meeting place of said
Council, at which meeting there was present and answering to
roll call the following members who constituted a quorum:
Roselyn N. Kirk Chairperson
Grant Mabey Councilmember
Tom Godfrey Councilmember
W. M. "Willie" Stoler Councilmember
Earl F. Hardwick Councilmember
Florence Bittner Councilmember
Sydney Reed Fonnesbeck Councilmember
Also present:
Michael Zuhl Chief of Staff
Roger Cutler City Attorney
Kathryn Marshall City Recorder
Absent:
Palmer A. DePaulis Mayor
The City Council reviewed the February 4, 1987 Report,
Findings, Recommendation and Decision of the Board of
Equalization and Review for Salt Lake City, Utah 200 South
. t y
Street Beautification Curb and Gutter Extension No. 38-800.
It noted the reported responses to complaints and inquiries
concerning construction aspects of improvements within the
District. The Council further considered the Recommendation
and Decision of the Board of Equalization and Review that the
assessment rolls should be adopted and confirmed as
equalized.
The following ordinance was then introduced in writing,
read by title, and pursuant to motion duly made by
Councilmember Fonnesbeck, and seconded by Councilmember
Godfrey adopted by the following vote:
YEA: Earl F. Hardwick
Grant Mabey
W. M. "Willie" Stoler
Roselyn N. Kirk
Florence Bittner
Sydney Reed Fonnesbeck
Tom Godfrey
NAY: None
The ordinance was then signed by the Chairperson and
recorded by the City Recorder in the official records of Salt
Lake City, Utah. The ordinance is as follows:
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ORDINANCE NO. 23 Of 1987
AN ORDINANCE CONFIRMING THE EQUALIZED ASSESSMENT
ROLLS AND LEVYING A TAX IN THE AGGREGATE AMOUNT OF
$231,324.00 PROVIDING FOR THE ASSESSMENT OF
PROPERTY IN SALT LAKE CITY, UTAH 200 SOUTH STREET
BEAUTIFICATION CURB AND GUTTER EXTENSION NO. 38-800
FOR THE PURPOSE OF PAYING THE COSTS OF CONSTRUCTION
OF DECORATIVE SIDEWALKES, NEW CURBS AND GUTTERS,
STREET LANDSCAPING, SPRINKLING SYSTEMS, PLANTERS,
IMPROVED STREET LIGHTING AND NEW STORM DRAIN
FACILITIES AND ALL 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 equalized and approved
by the Board of Equalization and Review for Salt Lake City,
Utah 200 South Street Beautification Curb and Gutter
Extension No. 38-800 (the "District" ) , and hereby confirms
the findings of the Board of Equalization and Review that the
proposed list of assessments as equalized by the Board of
Equalization and Review for the District is just and
equitable; that each piece of property within the 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.
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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 the District. 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 assessments hereby levied are for the purpose of
paying the cost of constructing improvements on certain
streets within the District consisting of the construction of
decorative sidewalks, new curbs and gutters, street
landscaping, sprinkling systems, planters, improved street
lighting, new storm drain facilities and 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 the 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 are specially benefited by
the improvements thereon. Said assessments are levied upon
the land and lots in the District at equal and uniform rates.
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The total cost of the improvements in the District is
$405,580.09, of which total cost the City' s portion is
$174,256.42. The balance to be assessed to the owners of
property affected or benefited by the improvements in the
District is $231,323.67, which is the total amount of the
assessment hereby levied for the District and which does not
exceed the aggregate 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) connection fees, if any; (e) the interest on any
interim warrants issued against the District; and
(f) overhead costs not to exceed fifteen percent (15%) of
the sum of (a) , (b) , (c) and (d) .
The interim warrants issued to finance the cost of
construction were purchased by the City from the District in
the form of advances from pooled cash of the City paid as
construction progress installments became payable. The
amount of the advances were determined by the negative cash
balance of the District. The interest which has been
included in the amount to be assessed has accrued on the
negative cash balance. The rate of interest charged for this
interim warrant financing has been the City' s investment rate
which has been significantly less than the market rate for
interim warrants sold on the open market.
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Section 3. The assessment list made by the City
Treasurer for the property in the District as 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,
recommendation and decision 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.
Section 5. The whole or any part of the assessments for
the 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 the net
effective rate of the assessment bonds to be issued.
Interest from the effective date of this Ordinance 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
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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 assessment 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 assessment 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 eighteen percent (18%) 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 18% 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 assessment
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s
bonds of Salt Lake City remain outstanding, transfer to said
fund each year such amount as a tax levy of not to exceed a
tax rate of .002 will produce, either through a levy of a tax
of not to exceed a tax rate of .002 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 assessment
bonds and interest thereon issued against local improvement
districts for the payment of local improvements 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
Chairperson and 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
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ADOPTED AND //APPR VED by the City Council of Salt Lake
City, Utah, this/ ay of April, 1987.
Chairperson
ATTEST:
s
Recorder
( S E A L
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and having general circulation in Salt Lake City, Utah, and
shall take effect immediately upon its passage, approval and
publication as required by law.
Section 10. The City Recorder is hereby authorized and
directed to file a copy of the assessment ordinance and final
assessment list within five ( 5) days from the date hereof in
the Salt Lake County Recorder ' s office. If the assessment
ordinance incorporates the assessment list by reference, the
City Recorder is further directed to file a copy of the final
assessment list with the Salt Lake County Recorder .
Section 11. The City Treasurer is hereby authorized and
directed to give notice of assessment by mail to the property
owners in the District. Said notice shall, among other
things, state the amount of the assessment and the terms of
payment, a copy of the form of notice of assessment is
available for examination upon request at the office of the
City Recorder.
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After conduct of other business not pertinent to the
above, on motion duly made, seconded and carried, the meeting
was adjourned.
Chairperson
ATTEST:
i Recorder
( S E A L
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STATE OF UTAH )
ss.
COUNTY OF SALT LAKE )
I, Kathryn Marshall, the duly appointed, qualified and
acting City Recorder of Salt Lake City, Salt Lake County,
Utah, do hereby certify as follows:
That the foregoing pages constitute a full, true and
correct copy of the record of the proceedings of the City
Council of Salt Lake City, Utah, at its regular meeting held
on April 14, 1987 insofar as said proceedings relate to or
concern Salt Lake City, Utah 200 South Street Beautification
Curb and Gutter Extension No. 38-800 as the same appears of
record in my office. I personally attended said meeting and
the proceedings were in fact held as specified in said
minutes.
If further certify that the Ordinance levying the
special assessments was recorded by me in the official
records of said City on the day of April, 1987.
I further certify that said Ordinance was published one
time in the Deseret News, the publication affidavit of which
is attached hereto.
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IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the corporate seal of said City as of this day
of April, 1987.
ty Recorder
( S E A L )
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STATE OF UTAH )
ss. AFFIDAVIT OF MAILING
COUNTY OF SALT LAKE ) NOTICE OF ASSESSMENT
I, Lance R. Bateman, the duly appointed, qualified and
acting Director of Finance f Salt Lake ' ty, Utah, do hereby
certify that on the ay ofa,24�x , 1987, I caused to
be mailed a Notice of Assessment to each property owner in
Salt Lake City, Utah 200 South Street Beautification Curb and
Gutter Extension No. 38-800, by United States Mail, postage
prepaid, at the last known address of such owner.
IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the corporate seal of said City as of this
of April, 1987.
irector of Finance
( S E A L )
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PROOF OF PUBLICATION
Attached to this page is the Proof of Publication,
indicating by the affidavit of the publisher that the said
Ordinance levying the special assessments which was contained
in the Ordinance adopted by the Salt Lake City Council on the
14th day of April, 1987, was published one time in the
Deseret News.
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STATE OF UTAH )
ss. CERTIFICATE OF FILING
COUNTY OF SALT LAKE )
I, Kathryn Marshall, the duly qualified City Recorder of
Salt Lake Citye�ay
Salt Lake County, Utah, do hereby certify
that on the of 14 pursuant to Utah Code
Annotated, Section 10-16-7 1 53, as amended, a copy of the
Notice of Intention and resolution creating Salt Lake City,
Utah 200 South Street Beautification Curb and Gutter
Extension No. 38-800, as finally approved, was filed in the
Salt Lake County Recorder ' s Office.
/ .
I further certify that on the / day of ,
1987, pursuant to Utah Code Annotated, Section 10-1 -18 1953,
as amended, a copy of the assessment ordinance and final
assessment list was filed in the Salt Lake County Recorder ' s
Office.
IN WITNESS WHEREOF, I have hereunto set my hand and
affixe the carpo seal of said Municipality as of this
ay of 1987.
ity Recorder
( S E A L )
-16-
STATE OF UTAH ) CERTIFICATE OF COMPLIANCE
ss WITH OPEN MEETING LAW
COUNTY OF SALT LAKE )
I, Kathryn Marshall, the duly qualified City Recorder of
Salt Lake City, Salt Lake County, Utah, do hereby certify:
(a) that in accordance with the requirements of Section
52-4-6(1) , Utah Code Annotated 1953, as amended, public
notice of the 1987 Annual Meeting Schedule of the City
Council of Salt Lake City (the "Council" ) was given,
specifying the date, time and place of the regular meetings
of the Council scheduled to be held during the year 1987, by
causing a Notice of Annual Meeting Schedule for the Council
to be posted on January 2, 1987, at the temporary office of
the Council at 324 South State Street, Salt Lake City, Utah;
said Notice of Annual Meeting Schedule having continuously
remained so posted and available for public inspection during
regular office hours at 324 South State Street until the date
hereof; and causing a copy of the Notice of Annual Meeting
Schedule to be provided on January 2, 1987, to at least one
newspaper of general circulation within the geographic
jurisdiction of the Municipality or to a local media
correspondent;
(b) that in accordance with the requirements of Section
52-4-6( 2) , Utah Code Annotated 1953, as amended, public
notice of the regular meeting of the Council on April 14,
1987, was given by specifying in a Notice of Regular Meeting
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the agenda, date, time and place of the April 14, 1987
Council Meeting and by causing the Notice of Regular Meeting
to be posted at the temporary office of the Council at
324 South State Street in Salt Lake City, Utah, on the loth
day of April, 1987, a date not less than 24 hours prior to
the date and time of the April 14, 1987 regular meeting; said
Notice of Regular Meeting having continuously remained so
posted and available for public inspection during the regular
office hours at 324 South State Street until the date and
time of the April 14, 1987 regular Council meeting; and
causing a copy of the Notice of Regular Meeting to be
provided on April 10, 1987, to at least one newspaper of
general circulation within the geographic jurisdiction of the
Municipality or to a local media correspondent.
IN WITNESS WHEREOF, I have hereunto set my h d and
affixed the official seal of said City this y of
April, 1987 .
i y Recorder
[ S E A L
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