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HomeMy WebLinkAboutORD 477easterly side of Tenth Avenue South; r .m; STRT,?�T from the Northwesterly side of Twelfth Avenue South, to Twentieth Avenue ; NINTH, ` 11 TTH, Tilifi .TrW_ ZH, FOURTEENTH, 37V NTN JTH, F'rGHTr,1WTH and NINrT,mMTTf A TUTS SOUTH, each, from Dearborn 'Street to T.verett Street; the Southeasterly side of TW7LF'TH AV` TUR` SOUTH from Dearborn Street to Lverett Street; F I and SIXTMTTH AVM,, T �'S ,SOUTH, each, from T�esrbOrn Street to rillmore Street r "'I YFNTIFTTI 'A OF ,: SOUTH from the Northeasterly side of Blaine Street to Cleveland Boulevard;,the- Southeasterly side of Twentieth Avenue South from Cleveland Boulevard to Dearborn Street; TVW.CIET"q AVFTT+1"C1F SOUTH from Dear- born Street to the Southwesterly side of Fverett Street•, F'ILLMTORF STRF',TT from the Northwesterly side of Fifteenth Avenue South, to the Southeasterly side of Sixteenth Avenue South I Section 2. That there shall be constructed in said Local Street Improvement Distriot No, 9, for the City of Caldwell, Idaho, the following described, to- the wit; curbs and gutters on/streets and Marts of streets named or described in Section 1 of this ordinance, between the points of the said streets as designated in said Section 1 hereof. That said improvements shah, be constructed, made and done under the direction of the City Tngineer of the City of Caldwell, and according to the' "plans and specifications of said improvements prepared by said engineer and on file in his office. That the materials to be used in said curbs and gutters shall be Portland cement concrete, Section 3. That the full cost and expenses of making the _improvements described in Section 2 of this or- dtnance ` be taxed and ' assess,ed upon all probe "rty within said local Street Improvement District No. 9, as established by this ordinance and said costs and expenses shall be as- sessed in proport ion .to the number of square feet of such lots and lands abutting, adjoining,_ contiguous and adjacent thereto, and included in said Local Street Improvement District No, 9, and in proportion to the bene,f'its derived to such 2 i property by said improvements; provided that each lot and parcel of land shall be separately assessed, and each lot and parcel of land shall be assessed only for its proportionate share of the cost of the particular improvement made in front of such lots or parcels of land; each lot and parcel of land being separately assessed for the casts and expense of said z . improvement in proportion to the number of square feet of such lands and lots abutting, adjoining, contiguous and ad- jacent to said improvement, or included in the improvement district to the distance back from such street, if platted in blocks to the oenter of the block, if platted in lots to the center of the lots, and if not platted,_ to the distance of 125 feat, and in proportion: to the benefits derived to such property by said improvements; and the cost and ex- penses of all such improvements in the space formed by the junction of two or more streets, or wherein one street ter - minates in or crosses another "street, and also all drains at street crossings or cross walks, shall be paid out of the general fund of said City of Caldwell, Tdaho; that the amount of the total cost and expense'of.such improvements, which is to be paid from the general fund of said city as herenbefore authorized, is the- sum. of 1900.00 Provided,further, that whenever any such improvement herein authorized, is done or made on one side of the center line of any street or streets herein specified, which benefits only the property on that side of the said street or streets; the lots and lands on that side only, shall be assessed to cover the cost and expense of such work or improvement Secti.on.4. Tht. the cost and expense of making the aforesaid improvement, which is chargeable and will be assessed to the abutting, adjoining, contiguous or adjacent property, as set forth in 'ection 3, of this ordinance, shall be payable in ten equal annual installments, which installments shall bes =r interest at not exceeding the rate of seven per cent per an- num,'payable annually. Such assessments shall be known as special assessments for improvements. For the 'Purpose"oi' meeting the expenses of making said improvement during the course of its construction, warrants shall be issued against the fund of said district, payable to the contractor or other proper person, upon estimates of the City Zngineer, which warrants shall bear interest at the rate of seven per cent per, annum "from the `date thereof until redeemed and which warrants shall be redeemed and retired by the proceeds from the sale,of the bonds of said district, which bonds shall be issued in the name of the municipality, and shall be pays l.e their terms as nearly as may be in 'equi 'annual amounts, the first installment to mature within one year from date and the last installment within ten years from date and shall bear interest at the rate of not exceeding seven per bent per annum, payable annually or semi - annually, at the option of the purchaser or such bands. Such bonds shall not be issued in excess of the contract price and expense of such improvement, including engineering and clerical ser- vices, advertising, cost of inspection, cost of collecting assessments and interest upon warrants, and all legal ser- vices "for preparing proceedings and advising in regard thereto; said bonds shall be numbered consecutively from one up and shall be in the denomination of five hundred dollars, except bond number one, which may be for such odd amount less than rive hundred dollars as may be necessary and proper. Coupons shall be attached to said bonds for each annual or . 4- semi - annual installment of interest; said bonds and coupons shall be signed by the 74ayor, countersigned by the City Treasurer, and attested by the City Clerk; provided, however, that such coupons may, in lieu of being signed as aforesaid, have printed thereon, the facsimile of the signatures of-se. d . , officers, and each bond shall have the seal of the city af- fixed thereto and shall refer to the improvement district for the payment of which the same is issued, and shall provide that the principal sum therein named and the interest thereon shall be payable out of the local improvement fund of said district, and not othervriae, and there is hereby created in the City Treasury a special fund to be known as Local Street Improvement district No. 9, Fund, which is hereby created for the payment of the cost and expense of such improvement, and "al assessments whioh shall be `levied for the pa,y�ent ..;.., of the costs and expenses' of said improvement shall, as vole lected, be immediately paid into said fund, and no portion of said fund shall, so lone as any of the bonds of said dis- trict shall remain outstanding and unpaid, be used for any other purpose than for the payment of the principal and in- terest of said bonds. The holders of said bonds shall have no claim, therefor, against the city except from the collec- tion of the special assessment made for the improvement for which said bond was issued, but his remedy in case of non - paym shall be'oonfined to the enforcement of-such assess- ments, and a copy of Section 35, Chapter 257, Laws of 1927, of the State of Idaho, shall be plainly written, printed, or engraved upon the face off' each bona so issued. All assess- ments which shall be levied against the land in said local improvement district shad become a lien upon the lots, tracts, or parcels of land against whi.eh the same are levied, respectively, which. liens shell take precedence over all other liens; and nay be foreclosed in socordanab with the provisions of Chapter 257, Laws of 1927, of the 'State of Tdaho. Whenever there shall be sufficient money in the Pund` of- said district over and .mbove an amount s zffi.cient for the payment of interest on all unpaid bonds of said dis- triot to pay the principal.of one or more bonds the treasurer shall, call in and pay such conds in their numerical order,' lowest numbers first, which cull shall`be made by publication in the official newspaper of said city, and shall state that the bond numbers so called for payment, will be paid on the day when the nex'� interest coupons on said bonds shall become due. Interest upon said 'ponds so called` sha -11 cease upon such call date. Section 5, That as soon as this ordinance shall be passed and approved, and be in effect, the Committed on Streets together with the 'City engineer shall determine the amount of the cost and expense of said improvement to be assessed upon: the abutting, contiguous, and tr'butery lots and lands included in said district, shall make out an assessment roll according to law and the provisions of this ordinance, which shall contain among other things the number of the assessment, the name of the owner` if known, or if not known.,',that the name is unknown, a descripWn of each tract assessed and the total amount of the assessment and the total cost and expense of said improve- ment to be so assessed shall be divided into ten equal install- ments. Said assessment roll shall be certified to the City: Council and filed with the City Clerk, and notice: of hearing thereon shall be given, end hearing had thereon as provided in Chapter 257, Laws- of 1927, of the State of Tda.ho, and following which hearing the City Council shall pass an order, ap- provinp, and confirming, such assessment roll as originally filed or as corrected by them., and their decision and order shall be a final determination of the regularity, validity and correctness' of said asseasrnent roll, of each assessment . contained therein and the amount thereof levied on each lot and parcel of land subject only to appeal as provided in Chap- ter 257, Zags of 1927, of the State of Idaho, and annually thereafter the Council°:-ihall leTy special assessments against, the property in said district sufficient to redeem the bonds of said district next maturing, together with interest next falling due upon all bonds then outstanding; such assess --' ment shall be made upon the property chargeable for the cost of such improvements respectively; and the basis upon which the first installment of the assessment is, levied shall be retained for the assessment of the succeeding in- stall? Pnts. Section 6. Within fifteen days after the assess- rent roil shall have been confimmed by the Council, the City Engineer shall prepare and file with the City Clerk a' map of the improvement district showing each piece of property separately assessed according to the description in the as- sessment roll, and shall number each piece of property shorn on said map with the corresponding number of said assessment on said roll. Section 7, That said committee on streets, the City Engineer and , .the City Council shall be governed in the preparation, approval and" confirmation' of such assessment roll by the provis1ons of Chapter 257, Lawn of 1927, of the State of Idaho, and by the provisions of this ordinance, -7- MOM r Section S, All ordinances, resolutions, or parts ,�hereef, in conflict herewith are hereby repealed, res- cinded and annulled. Section 9. This ordinance shall be in force and effect, from and after its passage, approval and publica- tion according to law. PASSM By the Council this 24th day of February , 1930. APPROV,D By the Mayor this 24th day of February ' , 1930: APP 7R?,�D A w 600 �.'��L ay or. ATTT'ST Ac Clerk, of City of a dwell, Idaho, Published in the Caldwell ,News- Tribune 1930. Acting City rk of the City of Caldwell, Idaho., a