HomeMy WebLinkAbout~Master - Establishing a Period of Amortization for 1975 Street Program No. 1 ORDINANCE NO. 2580
AN ORDINANCE ESTABLISHING A PERIOD OF AMORTIZATION FOR THE 1975
STREET PROGRAM NO. 1
WHEREAS, in strict compliance with Chapter 384 of the Code of
Iowa, 1975, as amended, this Council did, pursuant to Resolution
of Necessity duly adopted, order the construction of 1975 Street
Program No. 1, such improvements having been duly completed, the
work accepted and the final assessment schedules as filed by the
Engineers having been approved and adopted; and
WHEREAS, this Council by resolution did confirm and condi-
tionally levy the deficiencies which appear in the aforementioned
final schedule of assessments and certify and order the filing of
a listing of said deficiencies with the County Auditor of Story
County and to John Luchan, being the City Official charged with th
responsibility of issuing permits in the City, all in accordance
with and in strict compliance with Section 384.63 of the Code of
Iowa, 1975, as amended; and
WHEREAS, pursuant to Section 384.63 of the Code of Iowa, 1975,
as amended, it is necessary for the Council to establish by
Ordinance a period of amortization for the 1975 Street Program
No. 1;
NOW, THEREFORE, Be It Ordained by the City Council of the
City of Ames, in Story County, Iowa, as follows:
Section 1. That the useful life of the 1975 Street Program
No. 1 is hereby established to be ten (10) years.
Section 2 . That the amortization period of ten (10) years
shall commence on the date this Council finally accepted the 1975
Street Program No. 1 by resolution passed on the 21st day of
December, 1976.
Section 3 . That all ordinances or parts of ordinances in
conflict herewith are hereby repealed.
Section 4. That if any section, provision or part of this
Ordinance shall be adjudged invalid or unconstitutional, such
adjudication shall not affect the validity of the Ordinance as a
whole or any section, provision or part thereof not adjudged
invalid or unconstitutional.
Section 5. That this Ordinance shall be in effect after its
final passage, approval and publication, as provided by law.
Passed this 4th day of January, 1977.
Mary E. ul, City Clerk Lee Fellinger, Mayo