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HomeMy WebLinkAboutLovejoy-61-56335-1 - LID 50 Creation PHN proof 01-06-2021AD# 56335 23 So 1st East, Rexburg,ID 83440 Ph. (208) 522-1800 Fax: (907) 452-5054 ADVERTISING RECEIPT Discount: $0.00 Surcharge: $0.00 Credits: $0.00 We Appreciate Your Business! Gross:$158.90 Paid Amount:$0.00 Amount Due:$158.90 Payments: Date Method Card Type Last 4 Digits Check Amount Deborah LovejoyCity of Rexburg Legals PO Box 280 Rexburg, ID 83440 BILLING DATE: ACCOUNT NO: 12/07/20 8990 AD #DESCRIPTION START STOP TIMES AMOUNT 12/22/20 12/29/20 2 $158.90NOPH-1/656335 NOTICE OF HEARING ON CREATION OF LOCAL IMPROVEMENT DISTRICT NUMBER 50 CITY OF REXBURG, IDAHO NOTICE IS HEREBY GIVEN that Wednesday, the 6th day of January, 2021, at the hour of seven p.m. (7:00 pm), at the Rexburg City Hall, 35 N 1st E, Rexburg, Idaho, has been fixed, pursuant to Res- olution No. 2020-26, as the time and place for public hear- ing at which the owners of property to be assessed with- in proposed Local Improve- ment District No. 50, (“L.I.D. No. 50”) may appear before the City Council (the “Coun- cil”) of the City of Rexburg, (the “City”) and be heard as to the propriety and advisability of creating L.I.D. No. 50 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. 50 and the acquisition and construction of the proposed improvements, and hear all complaints, protests, and ob- jections which may be made in writing and filed with the City Clerk on or before said time by any owner of any par- cel of land to be assessed. A general description of the improvements to be construct- ed (the “Improvements”) is as follows: the installation and/or replacement of streets, curbs, gutters, sidewalks, driveway approaches, water lines, san- itary sewer lines, storm sew- er lines, retaining walls and other improvements as nec- essary, together with related improvements and costs of engineering, legal services, publication, interest on bor- rowed funds during construc- tion, bond issuance costs and reserves, and other related expenses. The estimated total cost of the Improvements is approx- imately $3,662,200. Approxi- mately $2,085,300 will be paid by the City, representing the amount of benefit to the gen- eral 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 prop- erty by said improvements, or a combination thereof, subject to any variations there from to be determined by the Council. Written protests and objec- tions to the creation of L.I.D. No. 50 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 5th day of Janu- ary, 2021, 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 re- corded with Madison County showing a possible future debt against the property. The boundaries of the L.I.D 50 encompass the real prop- erty within Rexburg city limits, located primarily along Park Street from Seagull Drive to 5th West and 7th North from 2nd East to Stonebridge Street. To see the list of spe- cific properties included on this project, please visit the of- fice of the Rexburg City Clerk located at 35 North 1st East in Rexburg. For more informa- tion on LID’s visit our website at www.rexburg.org/pages/lid. DATED this 4th day of December, 2020. CITY OF REXBURG Madison County, Idaho Deborah Lovejoy, City Clerk Published: 12/22, 12/29, 2020 (56335-8990) AD# 56335 NOTICE OF HEARING ON CREATION OFLOCAL IMPROVEMENT DISTRICT NUMBER 50CITY OF REXBURG, IDAHONOTICE IS HEREBY GIVEN that Wednesday, the 6th day of January, 2021, at the hour of seven p.m. (7:00 pm), at the Rexburg City Hall, 35 N 1st E, Rexburg, Idaho, has been fixed, pursuant to Res-olution No. 2020-26, as the time and place for public hear-ing at which the owners of property to be assessed with-in proposed Local Improve-ment District No. 50, (“L.I.D. No. 50”) may appear before the City Council (the “Coun-cil”) of the City of Rexburg, (the “City”) and be heard as to the propriety and advisability of creating L.I.D. No. 50 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. 50 and the acquisition and construction of the proposed improvements, and hear all complaints, protests, and ob-jections which may be made in writing and filed with the City Clerk on or before said time by any owner of any par-cel of land to be assessed.A general description of the improvements to be construct-ed (the “Improvements”) is as follows: the installation and/or replacement of streets, curbs, gutters, sidewalks, driveway approaches, water lines, san-itary sewer lines, storm sew-er lines, retaining walls and other improvements as nec-essary, together with related improvements and costs of engineering, legal services, publication, interest on bor-rowed funds during construc-tion, bond issuance costs and reserves, and other related expenses.The estimated total cost of the Improvements is approx-imately $3,662,200. Approxi-mately $2,085,300 will be paid by the City, representing the amount of benefit to the gen-eral 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 prop- erty by said improvements, or a combination thereof, subject to any variations there from to be determined by the Council. Written protests and objec- tions to the creation of L.I.D. No. 50 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 5th day of Janu- ary, 2021, 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 re- corded with Madison County showing a possible future debt against the property. The boundaries of the L.I.D 50 encompass the real prop- erty within Rexburg city limits, located primarily along Park Street from Seagull Drive to 5th West and 7th North from 2nd East to Stonebridge Street. To see the list of spe- cific properties included on this project, please visit the of- fice of the Rexburg City Clerk located at 35 North 1st East in Rexburg. For more informa- tion on LID’s visit our website at www.rexburg.org/pages/lid. DATED this 4th day of December, 2020. CITY OF REXBURG Madison County, Idaho Deborah Lovejoy, City Clerk Published: 12/22, 12/29, 2020 (56335-8990)