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HomeMy WebLinkAboutResolution 2017 - 01 Intent to Create LID47.pdfo°�GY C1 'f Y OF REXBURG � Amenm's fumify Community RESOLUTION NO. 2017-01 A RESOLUTION DECLARING THE INTENTION OF THE CITY OF REXBURG, IDAHO, TO CREATE LOCAL IMPROVEMENT DISTRICT NO. 47 FOR THE PURPOSE OF CONSTRUCTING AND INSTALLING CERTAIN PUBLIC IMPROVEMENTS; DESCRIBING THE BOUNDARIES OF THE PROPOSED IMPROVEMENT DISTRICT AND THE PROPERTY PROPOSED TO BE ASSESSED FOR THE COSTS OF THE IMPROVEMENTS; GENERALLY DESCRIBING THE IMPROVEMENTS PROPOSED TO BE CONSTRUCTED AND THE ESTIMATED COSTS AND EXPENSES OF THE IMPROVEMENTS; STATING THE PORTION OF THE TOTAL COST WHICH WILL BE PAID FROM A LEVY OF ASSESSMENTS ON PROPERTY BENEFITTED BY THE IMPROVEMENTS AND THE PORTION PAYABLE FROM OTHER SOURCES; STATING THE METHOD OF DETERMINING ASSESSMENTS; FIXING THE TIME WITHIN WHICH AND THE PLACE AT WHICH A PUBLIC HEARING WILL BE HELD TO CONSIDER SUCH PROTESTS; PROVIDING FOR RELATED MATTERS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Rexburg, Idaho (the "City"), is a municipal corporation operating and existing under and pursuant to the laws of the State of Idaho, and as such is authorized and empowered to create local improvement districts to construct improvements pursuant to Title 50, Chapter 17, Idaho Code; and WHEREAS, the City Council (the "Council') of the City has authorized initiating the creation of a local improvement district for a particular district; and WHEREAS, the Council is of the opinion that it is in the best interest of the owners of property and of the inhabitants within the proposed Local Improvement District No. 47 ("LID 47"), and within the City, that the proposed LID 47 be formed and the proposed improvements as hereinafter described be constructed. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REXBURG, IDAHO, as follows: Section 1: The Council hereby determines and states that it is its intention to form a local improvement district, to be designated LID 47 to make the improvements as hereinafter set forth. Section 2: The boundaries of the proposed LID 47 and of the properties to be assessed are generally described in "LID 47 Estimated Assessment Role" which is annexed hereto and by reference incorporated herein. Section 3: A general description of the improvements to be constructed (the "Improvements") is as follows: the installation and/or replacement of streets, curbs, gutters, sidewalks, water lines, sanitary sewer lines, storm sewer lines and other improvements as necessary, together with related improvements and costs of engineering, legal services, publication, interest on borrowed funds during construction, bond issuance costs and reserves, and other related expenses. Section 4: The estimated total cost of the Improvements is approximately $1,623,300. Approximately $1,109,100 will be paid by the City, representing the amount of benefit to the general public resulting from the Improvements. The balance of the cost will be paid by a levy of assessments on the property benefited. Section 5: The assessable portion of the costs and expenses of the Improvements shall be assessed against the tracts, lots, and lands benefited by the improvements according to a front foot method or a square foot method, or a combination thereof, subject to any variations there from to be determined by the Council, as provided by Section 50-1707, Idaho Code, in proportion to the benefits derived to such property by said improvements. Section 6: Wednesday, the 15' day of February, 2017, at the hour of seven P.M. (7:00 pm), at the Rexburg City Hall, 35 N VE, Rexburg, Idaho, is hereby fixed as the time and place when and where the owners of the property to be assessed may appear before the Council and be (0 C I TY O k REXBURG Amerimi 1..dly Co., "uWry heard as to the propriety and advisability of acquiring the Improvements, and which is the time and place when and where the Council will consider the creating of the proposed LID 47 and constructing the proposed Improvements, and hear all complaints, protests, and objections which may be made in writing and filed with the City Clerk on or before said time, by any owner of any parcel of land to be assessed. Section 7: Written protests and objections to the creation of LID 47 or to the manner of assessment or inclusion of property therein may be filed with the City Clerk at or before four o'clock P.M. (4 pm) on Tuesday, the 14' day of February, 2017, by any owner of any parcel of land to be assessed. Section 8: Notice of Hearing substantially in the form attached hereto and hereby made a part hereof shall be given as follows: (A) By publication of such notice in the official newspaper of the City of Rexburg, Idaho, a newspaper of general circulation within the City, which notice shall be published once a week for two consecutive weeks of the first publication being at least ten (10) days prior to the date of said hearing. (B) By mailing, at least ten (10) days prior to the date of said hearing, a copy of such notice to each owner of property, if known, or his agent, if known, within the limits of the proposed LID 47 addressed to such person at his post office address, if known, or if unknown, to the post office in Rexburg, Idaho. Ownership of property shall be determined as of the date of the adoption of this Resolution. Section 9: This Resolution shall take effect and be in full force from and after its passage and approval. DATED this 18`' day of January, 2017. CITY OF REXBURG Madison County, Idaho By Je L. Me Mayor EXHIBIT "A" (See attached Notice of Intent to Create form.) EXHIBIT "B" ATTEST: Blair D. Kay, City Clerk The boundaries of the local improvement district encompass the following -described teal property, located primarily along 5' West between 1" South and 4`s South, 4" West between Main St and 1" North, Ricks Ave between 2' East and 3' East, and 2"A West 1" North to 2"d North and 3' North to Canal, some miscellaneous parcels mostly on 2' West and 3' South in the City of Rexburg, Madison County, Idaho: (See attached list of properties.) EXHIBIT "A" 0 '.. vJ! CITY OF 4 REXBURG Anmrk"'s Pavily Community NOTICE OF HEARING ON CREATION OF LOCAL IMPROVEMENT DISTRICT NUMBER 47 CITY OF REXBURG, IDAHO NOTICE IS HEREBY GIVEN that Wednesday, the 15th day of February, 2017, at the hour of seven p.m. (7:00 pm), at the Rexburg City Hall, 35 N 13t E, Rexburg, Idaho, has been fixed, pursuant to Resolution No. 2017-01, as the time and place for public hearing at which the owners of property to be assessed within proposed Local Improvement District No. 47, ("L.I.D. No. 47") may appear before the City Council (the "Council") of the City of Rexburg, (the "City") and be heard as to the propriety and advisability of creating L.I.D. No. 47 and acquiring and constructing the Improvements, as hereinafter described, and as the time and place when and where the Council will consider the creating of the proposed L.I.D. No. 47 and the acquisition and construction of the proposed improvements, and hear all complaints, protests, and objections which may be made in writing and filed with the City Clerk on or before said time by any owner of any parcel of land to be assessed. Your particular property to be assessed for the costs of the improvements benefiting it within the proposed L.I.D. No. 47 is within the city limits and is described below as "Address:". A general description of the improvements to be constructed (the "Improvements") is as follows: the installation and/or replacement of streets, curbs, gutters, sidewalks, driveway approaches, water lines, sanitary sewer lines, storm sewer lines, retaining walls and other improvements as necessary, together with related improvements and costs of engineering, legal services, publication, interest on borrowed funds during construction, bond issuance costs and reserves, and other related expenses. The estimated total cost of the Improvements is approximately $1,623,300. Approximately $1,109,100 will be paid by the City, representing the amount of benefit to the general public resulting from the improvements. The balance of the cost will be paid by a levy of special assessments on the properties benefited, calculated according to a front foot method or a square foot method, or in proportion to the benefits derived to such property by said improvements, or a combination thereof, subject to any variations there from to be determined by the Council. The estimated amount to be assessed against your property is listed below as "Estimated Costs:", and the final costs and financing of these costs will be made available upon completion of the Improvements. Written protests and objections to the creation of L.I.D. No. 47 or to the manner of assessment or inclusion of property therein may be filed with the City Clerk at or before four o'clock P.M. (4 pm) on Tuesday, the 14d' day of February, 2017, by any owner of any parcel of land to be assessed. At the time of creation of the L.I.D., a document will be recorded with Madison County showing a possible future debt against the property. In the event that L.I.D. 47 is created by the City Council, once the construction is done and the final assessments are set forth in the Final Assessment Roll, the owner of any piece of property liable for any assessment may redeem their property from such liability by paying the entire assessment chargeable against that property within 30 days of written notification. If the property owner wishes to not pay the assessment in full, the assessment will become a lien on the property and will be payable over ten (10) years in substantially equal annual installments of principal. Additionally, interest will be due on the balance owing at a rate as set forth in the Final Assessment Roll Hearing. A property owner may also choose to make payments monthly on their utility bill instead of annually. The boundaries of the L.I.D 47 encompass the real property within Rexburg city limits, located primarily along 5m West between Pt South and 4th South, 4th West between Main St and Pt North, Ricks Ave between 2-d East and 3rd East, and 2"d West Pt North to 2nd North and 3rd North to Canal, some miscellaneous parcels mostly on 2nd West and 3,d South. To see the list of specific properties included on this project, please visit the office of the Rexburg City Clerk located at 35 North 1st East in Rexburg. For more information on LID'S visit our website at www.rexbiiM.o�g/12ages/lid. DATED this 18d' day of January, 2017 CITY OF REXBURG Madison County, Idaho Item Number. 71 Finance Name: KINDERDJJK PROPERTIES LL.0 Estimated Costs: $500 deborahIgrexburg_org Address: 266 W 3rd S _Questions about this assessment sbould be directed to: Joel Gray, Engineer Deborah Lovejoy, 208-372-2331 ijodg ilrexbure.ore PO Box 280 Rexburg, ID 83440 208-372-2347 PO Box 280 Rexburg, ID 83440 0 EXHIBIT "B" C I'I'Y 0k REXBURG Ame ,4 Fmrily Community LOCAL IMPROVEMENT DISTRICT 47 5th West -1st South to 4th South [e111 No. IO Dir Street Companyf L Name Cost Enc,meerirg City Participation sEpentOmer timaled Cost 11 2 510 Tames Dr- J.]. S 4,080.00 S 489.60 S 539.00 4,100.00 3 515 Tatuus Dr. Gummm S 5988.00 S 718.56 S 961.10 5800.00 4 148 S 5th W Smedaker S 5,264.OD S 631.68 S 805.00 5,100.00 5 100 S SthW Fill S 5,394.00 S 64718 5 80315 5 00.00 6 511 Park St malty S 4,65200 S 55824 S 639.10 - 4,600.00 7 204 S 5th W Tvdlsm Famdv Test 5 3,99200 S 479.04 S 523.60 4OOO.00 8 1204 S SthW Tycbse, F .. ly Trust S 6720.00 S 906.40 S 1,001.OD 6600.00 9 210 S 15thw Lova 5 2540.00 S 30480 S 26930 2600.00 10 as 220 S 15thW Hand. S 1,924.OD S 230.88 S 161.70 2,00D.00 11 252 S 5th W P S A 320D S 591.84 S 77630 4,30D.00 12 258 S 5th W Ax9ell S 3,31100 S 397.44 S 483.00 3;.00.00 13 270 S SthW Nedrosv S 13.696.OD S 164232 S ^607.15 12800.00 14 30S S 5th W Thurber S 4,432.OD S 53184 S 600.60 4,400.00 15 310 8 SthW Gres S 3 96.00 S 431.52 S 45430 3600.00 16 342 S SthW Fernandez S 3,194.00 S 3831$ S 41815 3 00.00 17 Appm 346 S 5th W Hmdc s S 3,S46.00 S 46152 5 54115 3.800.00 18 350 8 SthN BadevBrothers Entamases LLC S 1 024.00 S 2,16295 S 2,72265 17S0D.00 19 139D S 5th ste,,heesEms S Z694.001 S 32318 S 346.50 2700.00 20 1127 S SthW Cpmp=G=pPo"dmseSquxaLLC S 24,430.001 S 2,931.60 S 381150 236DO.OD 21 195 S 15thw Com s Group Prmidmee LLC S 14-677.001 S 176124 S 2173490 13,90D.00 22 205 S 15ttLw MedD S 19,339.0D I S 2320.68 S 2,32575 19 -MOD 23 241 S A C;0-Mvinzer Jan NFam ltrevce Trust B S 20440.00 S 2452.80 5 2,77200 20,20D 00 24 261 S 5th DesstRcse Ent ' LLC S 3 .OD S 468.48 S 50810 3.900.0) 25 269 S SthW S&SOneLLC S 762200 S 914.64 S 639.10 7 .00 26 273 S SthW S&SO.LLC S 1,75000 S 2I0.OD S 155.75 1 .00 27 309 S SthW Cimarron Coon S 4,936.00 S 59232 S 826.00 480D.00 28 309 S SthW a mmaa Coon Op S 1198200 S 1,437.84 S 2,125.70 11,300.00 - 29 341 S SthW ILIM01W S 4,014.00 S 481.68 S 58L35 440DD.00 30 341 S 5th W S 3,420.OD S 410.40 S 42350 3,50D.00 31 349 S SthW U E17 Fricsdslw Ctub S 3,200.00 S 334.00 S 335.00 3^00.00 M 355 S 51h W Intermountain Gas S 3 74.00 S 404.88 S 49875 3,300.00 33 365 8 SthN Stoddard S 10,622.00 S i^74.64 S 1.640.!0 30 .W 36 C OfR S 570,7&t.W S 114,156.90 S 654,940.30 0.00 LOCAL IMPROVEMENT DISTRICT 47 4th West - Main St. to 1st North Nett 3 N0. Dir Street COrlganyf L Hame Cost Enommeang Cb Participation Plepertt Owner Estimated Cost 12% 35 380 S 12,660.00 S 151974 S 14,2W.W 36 28 S 10 90.00 S t 80 S 13 700.0) 38 50 t S 1,054.00 S 126.48 S 267.75 1000.00 39 65 UWHM S 1,796.00 S 21432 S 4725 OOO.00 40 369 I S 2,109.001 S 25296 1 S 53530 1 1 .W 41 1 $ 92,120.00 r S 18,4M.00 I S 110 44.00 1 O.W S LOCAL IMPROVEMENT DISTRICT 47 Ricks Ave. - 2nd East to 3rd East 9 No. Dir Street Com0anp L Name Cort Enwmeng fill Pmbcpation Estimated Ca t 12% 43 50 N 2n1E Hancock S 4,552.00 S 546.24 S 600.60 4500.00 44 A 219 Rink ave. Helm S 3.843.OD S 461.76 S 477.40 3,900.00 45 229 Rick Ave. Cook VM= G Aad Lois E Famitv Trust S 5774.00 S 626.88 S 73910 5 .W 46 235 Rick Ave. Kin"o S 3,960.OD S 46320 S 50050 39W.W 47 A44,ros. 230 Rick kve. Mountain AmencaFedeal Credit Timm S 6,349 OD S 761.88 S 1,043.OD 6,100.00 48 248 Rick Ave. 3shemft S 7,890.00 S 946.80 S 1416.45 7500.00 49 251 RiekAve. Parkmsm S 6456.00 S 774.72 S 95480 6,300.00 50 261 Rick Ave. Freeman S 3,640.00 S 436.80 S 46200 3700.00 51 255 E Main SL Park Place Condomivirms S 7 .DD S 964.72 S 1,221.03 6,9W.00 52 269 Rick Ave. Huff 5 3,684.0D S 44203 S 469.70 3,700.00 53 55 N 3rd I&Mdard S 3-M.00. S 314.01 S 385.00 3,200.00 54 268 Rick Ave. Etid NOlmore S 1.930.00 S 231.60 S 23625 ZOMOD 55 37 14 La S 3,2M.00 S 394.561S 40390 3 W.W 56 137 IN 13rdE IKiffly I S 6,617.00 I S 394.041 S 666.40 6,900.00 57 1 1 1 laty OfRezbin I S 48 24.00 r S 9,704.90 S 58 :80 1 O.W 5 C I T Y OF REXBURG Amenads Fm my Comn,unily LOCAL IMPROVEMENT DISTRICT 47 2nd West -1st North to 2nd North and 3rd North to Canal Rein No. Dir Street Companyl L Name Coat Enguem,g Cit Participalion P,apmt, a.. Estimated Cost L^44 33 150 N tad W La ill S 55.623.00 S 6674.76 S 4M125 57 OO.OD 59 111 N 2ndW Clink S I 3&OD S 1,554M S 095.80 1 00.00 60 115 N 2nd Pre wPowda Coat=& CwtomFab=aooLLC S I^449.00 S 1493.88 S 153130 12,40D.00 61 App= 150 N 2adW FavfioxpUtzhPr&LtCo S 9,297 -OD S 994.44 S 1,11405 SA" V- 141 N 2a Utah Pow¢&Liabt Co S 41433.00 S 4971.96 S 5,243.35 41200.00 63 355 N 2adW Hokaasaa S 10000,00 S 1,20D00 S 11 00.00 64 309 N tad W Hepworth S 10950.0D S 1314.00 S 12,300.00 65 234 W 2adN Bissette S 4AI0.00 S 529.20 5 5000.00 66 tad W Citv Mcbm S 174A36.OD S 20,93232 S 195 36532 O.OD LOCAL IMPROVEMENT DISTRICT 47 Mist. Parcels Nerd No. Dir Street Company; L Name Coat En}merig Gry Pa,licpatian Pooped, Omne, Estimated Cast L^76 67 223 W 3rd S Nielsen S 1.S70.OD S 224.40 S ^ 100.OD 69 232 W 3rd Mffia S 1340.00 S 184.30 S 1,800.00 69 ^36 W 3rd S HPA GeoraetowaLLC S 1,67200 5 200.64 S 2520D 1,700.00 70 249 W 3odS Kmderdi'kPr LLC S d,070 -OD S 4SSA0 S 4600.00 71 266 W 3,dS iiadadikPr LLC S 33i.OD S 4620 S 500.00 72 40 N 5d W Married On he Wain LLC S 1,540.001 S 134.80 S SSODAq 73 335 W Mai. St Cross Charitable F=d;mon I S 10,2S5.001 S 123420 1 S 11,600.00 S 1,392,498.00 S 224,014.00 S 1,109,048.47 S 510900.00 _ CIN SHARE S 1,109,100 PROPERTY OWNER SHARE S 510,900 TOTAL ESTIMATED COST S 1,920,000