HomeMy WebLinkAboutA016 - Letter dated October 6, 1989 regarding apportionment of assessments to clear encumbrances OCT -7 1988
STaY CONSTRUCTION CO.
AWs CITY OF AMES I O WA 50010 .
ALL-AMERI A CITY
1982-198.'3 �- ��
. October 6, 1988
Mr. Dale Sharp
Attorney at l-aw
P.O. Box .270
Ames, Iowa 50010
Re: Apportionment of Assessments to Clear Encumbrances
WGGC Subdivision
Dear Dale:
With this are materials prepared by the Public Works Department follow-
ing• a meeting yesterday between the Director of Finance, the Director of ,
Public Works and myself. This represents an equitable reapportionment
pursuant to Section 384.61. For a payment of .$13.,062.80, the City will
release the assessment lien against lots 1, 2 and 3 of the subdivision,
and compute and spread a new -P & I payment schedule for the $64,397.22,
which will be a lien against the unplatted remainder of the tract
originally assessed.
If this concept meets with your client' s approval , we should meet at
your earliest convenience to discuss documents needed that can be
submitted for council action at its meeting of October 25th.
Yours truly,
IJohn R. Klaus
City Attorney
-5th & Kellogg
Ames, Iowa 50010
(515) 239-5146
JRK:gmw
cc: Paul Wiegand
Alyce Carroll
Steve- Schainker
Enclosures
AMES — THE CENTER OF IT ALL
D.L'. ', 10/04/88
WGGC SUBDIVISION,' RE-SPREAD: OF: STREET. AND- UTILITY ASSESSMENTS
Assessments owed on this date
Utilities - - - $39, 117. 268V
Street const. - 38, 337. 76
:Original acreage of assessment - - 30. 12 Acres
New parcels
exan er avenue - - - - 0.71 acres
Lot one . - - - - - - - - • 1.97 acres
Lot two - - - - - - - -1. 97 acres
Lot three - - - - - - - * 1.02' 'a'cres
Total = acres
30. 12(original acreage)---0. 71(Street) = 29 .41 acres
Utility cost = $39 , 117. 26 divided b- 29. 41= 1. 330. 066644/acre
Street cost =' $38, 337. 76 divided by 29 .41=$1 ; 303.562054/acre
29 .41 ac - 4.96a.c(lots 1,2 & 3)= 24 .45 ac
Street Utilities total
I.ot one cost - - - - 25 . 2 5, I$$.-Z5
Lot two cost - - - - 2,568.02 2,.620. 23 5 ,188.25
Lot three cost - - . - 1, 329 . 63 1: 356. 67 2* 686. 30
Remainder. cost - - - 31, 872'.09 3-2 ,520.13 6-4,392. 22
Total cost - -$38, 337 . 76 39 ,117. 26 77 ,455. 02
eL
—542.4' ; I S75°18'
a •• S 89°46'W-92.5
,S 07'39'w-145.5' S89° 21' E-100'
10
W N 6900] 'E-53.1
m I N 87°24' -39.45'
0 5Q2°-011W 383.4' 1,-
1 3
5 000 l8'w-623.1'�—
Ico
, •'" 1 ASSESSMENT ���° 57•E 73L3
5.7, �
]L • .BOUNDARY. 7
J
n1. 14 i 1
FRACTIONAL
Nw I/4 NW I/4 SEC. 7 ' �•�?A� a :�� z; I
.3 0.12 A C. c
t z
Q• a'S %. r ac'7'!? 0•77AG
G Z I �e AUEXANpE
z _
r 3 ,w v
<
_ - - p` �' !
WGGC SU.BDIVIS.1 .0N
ASSESSMENT 1 I
BOUNDARY I i
200' ,
- - - - - - -- - - - - -- - - I _ _ N.E.
_ W. LINE .NE 1/4_NW I/4 194' 60' _
I:cli
BE , ,
Ii"UN IKER.�"' ,„:;s. .'.....:. : �C0MPUTERI
NE 1/4, NW. 1/4 SEC. 7 I .
24,3. AC. I' '
tez V S �+� C��4C( D TO• R C"Sj°2 cAp i
III 1956 A• $ 5&, 'S.,-t n.7-S F� R :5�T2tC 7S
G .._..t.: 10'
INTERSTATE__. .35_ -- __ ---
co
ALEXANDER/BELL_ AVE., IMPROVEMENT I
•
PROJ EGT' ASSESSMENT PLAT •