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HomeMy WebLinkAboutORD 2898BILL NO. 1 ORDINANCE NO. 2898 AN ORDINANCE OF THE CITY OF CALDWELL IDAHO, CREATING LOCAL IMPROVEMENT DISTRICT NO. 12 -1 FOR CALDWELL IDAHO, FOR THE CONSTRUCTION OF CONCRETE CURBS, GUTTERS, DRIVE APPROACHES AND DECORATIVE SIDEWALK IMPROVEMENTS; PROVIDING FOR THE LEVYING OF ASSESSMENTS UPON THE PROPERTY TO BE BENIFITTED BY SUCH IMPROVEMENTS AND FOR THE BASIS OF MAKING SAID ASSESSMENTS; SETTING FORTH THE PROPERTIES TO BE INCLUDED IN SAID DISTRICT; PROVIDING FOR MAKING THE ASSESSMENT ROLL, AUTHORIZING THE PUBLICATION OF A CALL FOR CONSTRUCTION BIDS. NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF CALDWELL, IDAHO: Section 1: There is hereby created, a local improvement district in the City of Caldwell, Idaho, to be called Local Improvement District No. 12 -1, for curbs, gutters, drive approaches and decorative sidewalk improvements; the boundaries of the real property included herein are in accordance with the Resolution of Intention, Which was therefore and hereby is adopted, ratified and approved; and the boundaries of said district and real property included therein, all within the City of Caldwell, are described as follows: to wit: 5 th Ave., 6th Ave., 7" Ave., Kimball Ave., 91h Ave and 10 Ave., from the westerly side of 5th Ave. to the westerly side of 10 Ave. and Cleveland Blvd., Blaine St., Arthur St. and Main St. from the southerly side of Cleveland Blvd, northerly to the railroad tracks. Section 2: The district is in the best interests of both the property affected and the City of Caldwell and there is reasonable probability that the obligations of the district will be paid. Section 3: The value of the property within the district, including the proposed improvements, is sufficient. Section 4: The property shall be assessed for construction costs not paid by the City; said amount is estimated to be $52,000.00 provided however, said costs shall not exceed the actual cost of constructing the right-of-way improvements together with expenses set forth in section 5. The City will pay 60% of each property owner's total construction, materials and furnishings costs. Section 5: Each lot and parcel of land shall be separately assessed for said debt or cost and expense by an actual quantities installed method of measurement in proportion to the benefits derived to such property by said improvements or utility services which are optional with each land owner and shall be assessed in proportion to the cost of providing said improvements, sufficient to cover the total cost and expense of the work. The cost and expense to be assessed as herein provided shall include the contract price of the improvements, engineering, legal fees and clerical services, advertising, cost of inspection, cost of collecting assessments, and interest upon warrants, if issued. r I :091. T� 7, L -7- -T 1pmwOi,� ij 4c K7,19L