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NOW, THEREFORE, BE IT ORDAINED by the Mayor and City Council of tht City of
Caldwcl], Imo;
Swdon I. The Local [mpmvm=t DiATict No- 04-4 m tntin rw;d In dw Vrrm1mm *f this Or&nm=
is h by ram wid shall tbcrathff be known as "LAwAl Irnprovemcnt District No. 044 for the
City of C& dwell, Idiom", the NV Aninlion of said District having boon initiat$d by s Remludm
adopted by an aifirr dive vote of s majoriry of th,e membm of the City t=omeil of the City of
Caldwell, Idaho-
Scttkw 2. On May 7 2017, the Mayakr and City Counuit of tk City o Caldwell, Idaho, held a
hearing, the notice (bath puNictwun " mailing to proprrty owybm) of said hearing as given
the Clerk being hercb} ratified and confirmed, to hear all pmusts a i.as+t the Fropmed
impmcmcnt.s a> l the creation -of said District, chat the Distrii was in the best interests of bath the
party aff*ctfd and the city of Caldwell and that there was rile probability that the
obligations of the District would bc paid.
Seedm 3. - I r actual value -of each parcel of real property a&wmed hmmn, having boon providod
fum Oe oflil;:ial reoords of the As. &Ws Office -of Canyon County, as set forth in section 4,
Subsmt m V' of OrLIL Ckdira has bcft d,eterminM to -exmd the amt of improv m,enta assemsed
herein bDgffdbu with all ot]xr ;autstarxding and unpaid Local Irimptovementt District ass ets,
excluding interest and pcnal&s alga wl said pmp", . wAuW value is set fonhthrtfirpmperty
in the amid Ill 1mprovmKV District in Sooho i 4, E don V - VALT IE OF PROPERTY
herafter xr'a-
loa 4. 'rhe property to k ammod mW ft impq ffltS made }vitb m said Local lmprawerncut
District Flo, M- -4 �is provided by Ordimance No. 2503 we drfirrvd w follows-
(a) BOUNDARDES;
The boundaries of Low[ 1mpTovcnwrLt Distr are described as follows-
AT VARTOI]S L OCATION LYING WITH[N THE BOUNDARIES
OF THE CORPORATF. LIMM7 OF TIfE CITY OF CALD F'LL
(b) ITwlPR0VF.MFN7S
The gmeral cluwter of the impp"ea cots ter this District wem to extend city utility scruiccs
and allow conTmxtion thereto- The irnprovesncrrts also imiuded engineering, legal, bonding,
advertising, prinjing, inu=si and administrative cxpcn .
(0 Cam=
The IoW omt ol'the aforesaid improvements is $32,605 -61 all of which will be paid by the
Participurns of the District-
0 6
(d) VALUE Dk PROP
T}ie C owwil rinds arrd dectares Am the v ue r3f the property wi[.ELn the mid Local Improvwwnt
District is not INS than the sum Of S 1,177 ,240,00
The cost and expm of the iMpMV"MM aut"Zed and ord�rrd by 541d Ordinanm No. 2503 in
the af6 d [.mil Impmw mcnt Distrikl am in the arrmomrt Of $32,605.61 all of *11 he paid by ft
Paft ipwil . b faf dw first im The anx of $3Z605.6 l wNch includes alt casts fbr 40 Sri ,
sdvcrbaing, printing, and bonding is the anuuunt wh shawl be paid entimly fr the prwcads of
ft &%%:ss=rrts havi=&T levied. It i.% thcaefbm. cxprmaly found and dawTnimd air public
hearing as aforesaid that car te lot, i ie+ or parcel of rol Property hem inaftcr asscsmt in said
District is assessed in the pra rt� dot such lit, trecL oar petrel will be sevendly benefited by the
above &wn iMpvovcuwFds made in the District and that ru} -;Iwh lart, t zc or parcel of real
propcay is anmscd in a porter emaurt than it will be actually bcncfilcd by the impvernems
w4hwizzd arrd ordered by Ordinamoe No. 2503.
Somim 5, T1w N%-or and City Cou cit of Ilz City of Caldwell, Idahn. Jwreby earn= tic
Mv.ssment Rol] ccrtificd acrd filed %%it.h the City Clerk foe the FAWMj Tmpmvcwcnt District No. 0l-
4 for the City of Caldwell, Ida* and hereby n der the IEvy of the assessments shown in said loll
and tl� lam+ a a,rnst cWh k t, W1 atd parcel of real prgcrty shown in said Roll the anio nt of
its Estod 0=6n to -wit; Scc Exlc bit k, the A&wmu, = Roll far L.I.lJ. 0"-
Salon 6. The City Clerk sMl. irr ia wLy file with the Lyon Count} RewnieT, a notice of
s, =l 1i w whIO sM I wntairr The date of this Ordiawco and a description of the borcrAw s
of Lacsl Improvcmcnt District No. 04-4 of'the City -of CWdwell. Said Assowwm Roll shall be
filed with the City T reanm r, and the Assosrrrents comminnod therein shall be imme&swly due cord
payable to said Tress= d rty (30) days form the of netive dace of this Ordinance and if the whole
of said Assessments are rrat paid within said thirty (30) day period, such shalt bwmffle
delinquent and sJW1 be coil wed in the &wne mum" with the wne pera]ties and inl st added
OKWW as humnofter provided for d- litrqucrrt a rt? ent% Two MW. howvotrr, that all such
wessrnene, -or any part thrrof, may at the election of tlu Owrrar, he paid in U' uWlrnem . Fai]wx
eo pay the whale assesmdem %%ilh n thirty 00) days from the date of the adoption of this Ordinance
3ha11 be imnelusively pre - q umed and cansidered and be 1A to be an -e lection ca the part of all pis
inter , Wh� ,-Iher Lmd" - d- MAility o r ether wise, to pay mid ak;rstirnt: t% in inkallmonL-i_ In nth
case the wvwd vzwwcnis s1W] be p able to 34id City 'er r iit Een (113) substarrtiW ly tqvW
armual instalImcnts of principal and inlmst, t}o fir-51 in;ctallmcm of which ghelll kc duc and payable
on or bef )m the S"' day of J me, 2008. and the remWndc�r of said irw llrmcnts shall be duc and
pkvable soccessiwly each year dwteafter until paid in U1, with interest, in all cases on the unpaid
and deferred install.rnuou of principal cornputed from Amc $' 2007, at a rate aqua! to (i) the ram to
be borne by the spa:al assmment bonds heneaftor authorise -i, plus (ii) up to 112% (pu ent) per
srn„m for administration exp.s, such race is to be not kss than four percmt (4) and rrat
greater than Ien pmwnt (111%) per a own, payabie wm a] ly at the Vice of the City ?mean, the
first atwu$] peyrnent of pnrcipal and int-e" heing due anal payable on the 8th dory of Jana, 20 08.
and the rem index of said annual fimidIrnents of principal and interest being die and payable
nice asively each year thcrcal>bcr. Any installment nos paid within twenty (20) days aficr the
installment is due WWI he mmidcrud ddinqu,ent and a two pereeot (2*) penalty will be added to
the ww m of said installment. Lu addition to any other nwdiods of collwAian provided in Idaho
$tom Cam, Title 50, the Cilty Council may certify delinquent installments to the = ccLkctor, acrd
wham 15P cot ificd thq shall be extendied ca the tax rolls and coilaw d as we property tars. In the
r�cnt t}rit any pmpmt uww zkroa.Gld i;hmKw L3 I *y his PIS ssrnert in fin after such time as it has
bmn conclusivcly presun xJ shay hu will pay iat it MjmerL% and before Lho I-1. D- is borgled, s,Lh
pwy=t in full shall include the full amount of she unpaid Ha��cr� plus pm llim aril plus lm
current years inte b tmmt of 7 1 t2 permnt and plus one gear's sAdanni intmst at 7 % pervaA.
AfteT hWin& the payment s,dsa] l include the full amount of the unpaid avesvrwnt plus penalties,
plus the currun[ hr's Imer> and phis one yew's additional interext as penalty for prepayment.
Stebw 7_ llpce pas&W of the 11s t Roll, the City Trcw SFiall mail a posswd ur let1fr
to each pmp my oww azcssmA at his pout office addrem if known, or if unknown, to the post
ofac in tht mumcipa lty whom the improvement is being made, stating the total amount of his
amessmaiL plus the submarmc of lhr, temn of payrnents 4of the same as set out is the ordimw"
confirming the Assam mwnt Roll. An affidavit of the mai ling ofnotice shal l be filed before the dale
.nf-delinquency in the Office of the Treasvacr in the lile ❑f the it pmvewem d.isniet as proMded in
Soctiori 50-1716, [dales Cade, Subsequent rnoflm of pftyrrsett maY list aatly eurrert Ln lhneata
dine.
Section 8, The oxTmnaliori of said Ass+cssrncnt Roll h o6n made is a firW cleterrniruation of The
relp laxity, validity and w necirms of said AswLwwrst R -all, o f contained tbereim
and [lie aaa}umt Icvicd an omb lnt, parcel and tact of real property, mbject to the appeal of any
person who filed objation>s to tlac sand Asseiment 8.019 at or prior to the h=ing od the sme~
which appeal, as provided in Section 50 Idaho CDde may be rnadc by filing a written Mice
of appeal with the City Clerk of the City of Caldwell, Idaho, and with the Clerk of tk District
Court within this (� 0) days fun the date of puNi.0ation of this onlinannce_ frfc[dw suit to se wide
any asmssments so rnadc, nt t enjoins the raking of the Ume, Amll be bmughL nor any ddl nac to
the validjty thereof be allawrc, except by appeal sub u mt to this confirmation as harem
pnPvide-
Section 9, All pt Tri herelUme hid in comv Liun wins the creation of said Disbick Ow
preparation and adoption of said Assesunent Roll, t he hCu ing hCld thCrM30, and the g - irrg of the
rmtiae of said hearing of semi Asw—;m enr Roll arc hucby irM all respects ratified approvcd and
owfirrnrd-
ioa 10- All bY'% %", TeRCAUt'OM and Wd'ffkw x5 ran parts tbmof in cord list with this ortiimmoe
are, to thc exicrrt of such cAmf iLt hereby repca]cd,
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