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HomeMy WebLinkAboutResolution 2010 - 06 LID40 Intent to Create P.1Instrument # 361002 REXBURG, MADISON, IDAHO 5-12-2010 04:00:58 No. of Pages: 5 Recorded for : CITY OF REXk MARILYN R. RASMUSSEN: 0.00 Ex-Orficio Recorder Deput _ RESOLUTION NO. 2010-06 A RESOLUTION DECLARING THE INTENTION OF THE CITY OF REXBURG, IDAHO, TO CREATE LOCAL IMPROVEMENT DISTRICT NO. 40 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. 40 ("LID 40"), and within the City, that the proposed LID 40 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 40 to make the improvements as hereinafter set forth Section 2: The boundaries of the proposed LID 40 and of the properties to be assessed are generally described in "LID 40 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 $ 1,357,912. Approximately $ 86,990 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 the square foot method of assessment, as provided by Section 50-1707, Idaho Code, in proportion to the benefits derived to such property by said improvements. Section 6: Wednesday, the 5th day of May, 2010, at the hour of eight o' clock P.M. (8:00 pm), at the Rexburg City Hall, 35 N Vt E, 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 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 40 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 40 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 4th day of May, 2010, 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 40 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 21 st day of April, 2010 CITY OF REXBURG Madison County, Idaho i By i hard Wood and, Mayor ATTEST: lair D. Kay, City Clerk EXHIBIT "A" (See attached Notice of Intent to Create forma EXHIBIT "B" The boundaries of the local improvement district encompass the following -described real property, all situated in the City of Rexburg, Madison County, Idaho: (See attached list of properties.) NOTICE OF HEARING ON CREATION OF LOCAL IMPROVEMENT DISTRICT NUMBER 40 CITY OF REXBURG, IDAHO NOTICE IS HEREBY GIVEN that Wednesday, the 5th day of May, 2010, at the hour of eight o'clock p.m. (8:00 pm), at the Rexburg City Hall, 35 N 1st E, Rexburg, Idaho, has been fixed, pursuant to Resolution No. 2010-06, as the time and place for public hearing at which the owners of property to be assessed within proposed Local Improvement District No. 40, ("L.I.D. No. 40") 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. 40 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. 40 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. 40 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 $ 1,355,532. Approximately $ 86,990 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 the square foot method of assessment in proportion to the benefits derived to such property by said improvements. 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. 40 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 4th day of May, 2010, by any owner of any parcel of land to be assessed. Upon passage of the ordinance to create L.I.D. No. 40 by the Rexburg City Council, the property owner will have the opportunity to hire their own contractor and complete the work for the sidewalk improvements only. If the property owner plans to hire their own contractor to complete the sidewalk work, they must notify the engineering department at 208-372-2331 prior to May 28th 2010. If the City is not notified prior to May 281h 2010, the City will include the property in a contract to be awarded to the successful bidder and the property owner will no longer have the opportunity to hire their own contractor. In addition, 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. DATED this 21st day of April, 2010. CITY OF REXBURG Madison County, Idaho Item Number: (as per individual mailed notice) Name: (as per individual mailed notice) Estimated Costs: (as per individual mailed notice) Address: (as per individual mailed notice) Questions about this assessment should be directed to: Joel Gray, Engineer 208-372-2331 ioelnna�rexbuM. nr� PO Box 280 Rexburg, ID 83440 M O '0 A 69 14 O O -601 0 CD q e3 (7 O) i CD N 0 N 0 N 0 O Si O H H H H W N N N Ol cnto o W A N (O A N O N 0 C. 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O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o 0 W a X 0 (D it k I lr M7A I Aow AW 4_0 slow RA 'OCAL IMPROVEMENT DISTRICT 40 (Estimated Assessment Role) Item 4 No. Dir Street Company/ L Name F Name 8 in) Cost Administration City Participation Total Estimated Cost .00 10% 437 W Sth South clay Lois B me00 S 25,195.00 $ 2,519.50 $ $ 27 720.00 415 W 6th South Scott, ETUX Rodney 00 $ 29,558.00 $ 2,955.80 $ $ 32 620.00 330 W 7th South Military Division State of Id $ 56.093.00 $ 5,609.30 $ $ 61 710.00 ,ox. 389 W 6th South North Gate Apartments LLC $ 61,745.00 $ 6,174.50 $ $ 67 920.00 51 369 W 6th South North Gate Apartments LLC $ 16,895.00 $ 1,589.50 5 $ 17 490.00 6 370 W 7th South Newport Investment of Utah $ 14,230.00 $ 1.423.00 S $ 15 660.00 7 Approx. 300 W 6th South Ann, Ronald Lovell -Last of the Dogmen Land Group Development LLP 00 $ 56,750.00 $ 5,675.00 $ $ 62 430.00 8 559 S 4th West North Gale Apartments LLC $ 128,890.00 $ 12,889.00 $ $ 141 780.00 9 Approx 556 S 3rd West Attn: Ronald Lovell -Last of the D men Land Grou Develo ment LLP 00 $ 161,985.00 $ 16,198.50 $ $ 178 190.00 ' 10 225 W 61h South SNOW SLIDE PROPERTIES LLC DO $ 53,855.00 $ 5,385.50 $ $ 59 260.00 11 242 W 61h South SNOW SLIDE PROPERTIES LLC 00 $ 145,565,00 $ 14,556.50 5 $ 160 130.00 ' 12 265 S 5th West Snell Kevin $ 2.590.00 $ 259.00 $ $ 2,850.00 13 251 S 5th West Bancck Lowell S. $ 3,220.00 $ 322.00 S ; 3,550.00 14 a r. 259 S 5th West Barrick Jerome E $ 8,890.00 $ 889.00 $ $ 9780.00 15 660 S 2nd West Go Health Care Prop Investors Inc Rexbur 1 $ 46,81 D.00 s 4,681.D0 $ - f 61,500.00 16 a r. 659 S 2nd West Henderson W. R. 00 $ 217,360.00 $ 21,736.D0 $ $ 239100.00 17 2nd West City of Rexburg $ 71,940.00 $ $ 1,840.00 ; 18 7th South City of Rexburg $ 15,150.00 $ $ 15,150.00 $ 19 Apprx. 457 W 6th South VALLINDATOWNHOUSES $ 623.00 $ 62.30 $ $ 690.00 20 555 S 3rd West ASSISTED LIVING CONCEPTS INC DBA TET $ 13.420,00 $ 1,34200 $ $ 14,770.00 211 12 W 12nd South Gray ROBERT $ 5.185 DO $ 61850 $ $ 5.710.00 22 48 W 12nd South SUNRISE HOLDINGS LLC $ 3,57000 $ 357.00 $ $ 3,930.00 23 52 W 2nd South NETHERCOTT STEVEN S 31270400 $ 32700 $ $ 3.600.00 24 60 W 2nd South NETHERCOTT STEVEN $ 2,295.00 $ 22950 $ $ 2530.00 25 68 W 12nd South GULLEY ALESA A S 510.00 $ 51.00 $ i 570.00 Additional Properties 26 1146 Arctic Willow Drive Lords Jason $ 2.250.00 $ 225.001 $ $ 2,480.00 27 578 Golden Willow Drive Durfee Ran $ 2,250.00 $ 225.W $ $ 2 480.0D 28 508 Golden Willow Drive Weimer Gary$ 2.250.00 S 225.D0 $ $ 2,480.00 29 1148 Golden Willow Drive Wiseman Jamie $ 2,250.00 $ 225.00 $ $ 2,480.00 30 505 Golden Willow Drive BradleyDallin $ 2,250.00 $ 225.00 $ $ 2,480.00 31 512 S Millhollow Rd Smith Robert E $ 16,880.00 $ 1,688.00 $ $ 18 570.00 32 e r 500 Airport Road D.R. Bame TruckingInc. S 74,192.00 $ $ f 74,192.OD Total City Participation $ (86,990.00) " Items 8, 9, 11, and 16 were accessed using a 1l1 foot wide sidewalk. Total $ 1,268,542.00 Inc luantitie , or added due to 3rd West or Council Request Total City Cost $ 86,990.00 Total Property Owner Cost $ 1 266 542.00 Total Cost $ 1 355 532.00 'See Note below about Sid, 'See Note below about Sid, 'See Note below about Sidi 'See Note below about Sid,