HomeMy WebLinkAbout~Master - Assessment for Airport Road Reconstruction - Phase II RESOLUTION NO. 99-268
RESOLUTION ADOPTING FINAL ASSESSMENT
SCHEDULE; AND, AMENDING, CONFIRMING, AND
LEVYING ASSESSMENT FOR THE AIRPORT ROAD
RECONSTRUCTION - PHASE II
WHEREAS, heretofore and in strict compliance with Chapter 384 of the Code of
Iowa, this Council did, pursuant to Resolution of Necessity duly adopted, order the
construction of the Airport Road Reconstruction - Phase 11.
WHEREAS the said improvement project has been duly completed, the work
accepted and the engineers having filed the final assessment schedule with respect to said
improvement project, which has been fully considered by the Council;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Ames,
Iowa, as follows:
Section 1. The final assessment schedule filed by the engineers covering the
Airport Road Reconstruction - Phase II, the same being attached hereto and by this
reference incorporated herein and made a part hereof shall be and the same is hereby
approved and adopted.
Section 2. Each and all of the assessments upon the benefitted property in the
amounts and upon the various lots and tracts described in such final assessment schedule
are hereby confirmed and levied.
Section 3. Each of such assessments in the amount of one hundred dollars
($100.00) or more is hereby divided into ten (10) equal installments, as near as may be.
Section 4. All unpaid installments shall bear interest at the rate of 4.78 percent per
annum from the 13th day of July , 1999, (that being the date of acceptance
of the work); provided, however, that any such assessments may be paid in full or in part
without interest within thirty days after the first published notice of the final assessment
schedule, such payments to be made at the office of the City of Ames Finance
Department.
Section 5. The first installment of the unpaid assessments shall be due and payable
at the office of the County Treasurer of Story County on the first day of July, 2000, and
shall become delinquent after the first day of October, following the due date, including
those instances when the last day of September is a Saturday or Sunday, and will draw
additionally, the same delinquent interest as ordinary taxes.
Section 6. Succeeding installments shall become due and payable in like manner
on the first day of July in each of the succeeding nine years, 2001 through 2009 inclusive.
Section 7. All unpaid installments of any assessment may be paid in full on any
date, in which case interest shall be computed on the outstanding balance to the first day
of December following the date of such payment; and upon the payment of any installment,
interest shall be computed upon such installment to said first day of December following
the date of payment.
Section 8. The City Clerk is hereby authorized and directed to certify and file the
final assessment schedule, herein referred to, with the County Treasurer of Story County,
and the Clerk shall thereupon give notice of such certification and filing by publication once
each week for two successive weeks in the Daily Tribune, a legal newspaper printed wholly
in the English language, published at least once weekly and of general circulation in Ames,
Iowa, the first publication to be not more than 15 days after the date of filing of the said
schedule with said County Treasurer, and the Clerk shall mail said notice by mail to each
property owner whose property is subject to the assessment for said improvement, said
notice to be mailed on or before the second publication of said notice.
Section 9. Said notice shall be in form substantially as follows:
NOTICE OF FILING OF FINAL ASSESSMENT SCHEDULE FOR AIRPORT
ROAD RECONSTRUCTION - PHASE II AMES, IOWA
TO WHOM IT MAY CONCERN: Take notice that the Council of Ames, Iowa,
has adopted a final assessment schedule covering the Airport Road
Reconstruction - Phase II, which was duly certified to the County Treasurer
of Story County, Iowa, on the 19th day of July , 1999 , all in
accordance with Section 384.60 of the Code of Iowa.
Property within the following described boundaries shall be assessed by
reason of such improvement project:
Assessment Boundaries
Beginning at the NE corner of SW quarter of section 15-T83N R24W of the
5th PM Ames, Story County, Iowa; thence north along the centerline of south
Riverside Drive 740 feet; thence east 1336 feet; thence south 7 feet; thence
east 2650.2 feet; thence south 733 feet; thence east 131.4 feet; thence S16'
18'W 780 feet; thence west 3890 feet to the centerline of South Riverside
Drive; thence north along the centerline of South Riverside Drive 747 feet to
the point of beginning.
Any assessment may be paid in full or in part without interest within 30 days
after the first published notice of the final assessment schedule, that is not
later than the 25th day of August , 1999, such payments to be
made at the office of the City of Ames Finance Department. Assessments
in the amount of One Hundred Dollars ($100.00) or more which are not paid
in full within the aforementioned time period will be divided into 10 equal
annual installments due on the first day of July, commencing July 1, 2000.
All unpaid special assessments will draw annual interest at 4.78 percent
computed initially from the date of acceptance of the work for the Airport
Road Reconstruction - Phase 11, to December 1, 1999, and thereafter
computed from the December 1 immediately preceding the due dates of the
respective installments to the December 1 next following the due dates of the
respective installments. Each installment will be delinquent on October 1
following its due date including those instances when the last day of
September is a Saturday or Sunday, and will draw additionally the same
delinquent interest and the same penalties as ordinary taxes.
Any property owner may elect to pay '/2 of any annual installment of principal
and interest of the special assessment in advance with the second semi-
annual payment of ordinary taxes collected in the year preceding the due
date of such installment.
Reference is hereby made to said final assessment schedule for a
description of the particular lots or tracts and the amounts of the final
assessments thereon, as determined and fixed by the Council.
By order of the Council of Ames, Iowa.
K -)aw
Jill Ripperger, Dep— uty City Clerk
Section 10. Any and all resolutions or parts of resolutions in conflict herewith shall
be and the same are hereby repealed to the extent of such conflict.
Passed and approved this 13th day of Jul , 1999.
Ted Tedesco, Mayor
Attest: -
Jill Ripperger, Deputy City Clerk