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Home My WebLink AboutResolution No 2026 - 04 Intent to Create LID 55Instrument # 472391 REXBURG, MADISON, IDAHO 2-6-2026 11:17:16 AM No. of Pages: 5 Recorded for: CITY OF REXBURG KIM H. MUIR Fee: 0.00 Ex-Officio Recorder Deputy Notice of Intent to Create Local Improvement District 55 (LID 55) in the City of Rexburg Resolution No 2026 - 04 A RESOLUTION DECLARING THE INTENTION OF THE CITY OF REXBURG, IDAHO, TO CREATE LOCAL IMPROVEMENT DISTRICT NO. 55 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. 55 ("LID 55"), and within the City, that the proposed LID 55 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 55 to make the improvements as hereinafter set forth. Section 2: The boundaries of the proposed LID 55 and of the properties to be assessed are generally described in "LID 55 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 $5,000,000. Approximately $4,337,300 will be paid by the City, representing the amount of benefit to the general public resulting from the Improvements. The balance of the cost will be paid by a levy of assessments on the property benefited. Section 5: The assessable portion of the costs and expenses of the Improvements shall be assessed against the tracts, lots, and lands benefited by the improvements according to a front foot method or a square foot method, or a combination thereof, subject to any variations there from to be determined by the Council, as provided by Section 50-1707, Idaho Code, in proportion to the benefits derived to such property by said improvements. Section 6: Wednesday, the 1$th day of February 2026, at the hour of six -thirty P.M. (6:30 pm), at the Rexburg City Hall, 35 N 1st 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 55 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 55 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 17th day of February 2026, 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 (1o) days prior to the date of said hearing. (B) By mailing, at least ten (1o) 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 55 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 list day of January 2026. CITY OF REXBURG Madison County, Idaho Bv Jerry . Mer 1, City of Rexburg Mayor ATTEST: DeBorah Lovejoy, City e EXHIBIT "A" (See attached Notice of Intent to Create form.) EXHIBIT "B" The boundaries of the local improvement district encompass the following -described real property, located primarily along Birch Ave., Ash Ave., 4th West from end South to 5th South, 7th South from US 20 to the west end of Summerfield Subdivision, as well as several miscellaneous properties in the City of Rexburg, Madison County, Idaho: (See attached list of properties.) NOTICE OF HEARING ON CREATION OF LOCAL IMPROVEMENT DISTRICT NUMBER 55 CITY OF REXBURG, IDAHO NOTICE IS HEREBY GIVEN that Wednesday, the 18th day of February 2026, at the hour of six -thirty p.m. (6:30 pm), at the Rexburg City Hall, 35 N 1s, E, Rexburg, Idaho, has been fixed, pursuant to Resolution No. 2026- 04, as the time and place for public hearing at which the owners of property to be assessed within proposed Local Improvement District No. 55, ("L.I.D. No. 55'D 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. 55 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. 55 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. 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 $5,000,000. Approximately $4,337,200 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. Written protests and objections to the creation of L.I.D. No. 55 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 1711, day of February 2026, 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. The boundaries of the L.I.D 55 encompass the real property within Rexburg city limits, located primarily along Birch Ave., Ash Ave., 4th West from 2"d South to 5d' South, 7th South from US 20 to the west end of Summerfield Subdivision, as well as several miscellaneous properties. To see the list of specific properties included on this project, please visit the office of the Rexburg City Clerk located at 35 North 1 st East in Rexburg. For more information on LID's visit our website at htZ2s://www.rexburg.org/o/cor/12age/local-imi2rovement-distric . DATED this 21st day of January 2026 ``�aaauwnwu a• pF..9 OAYORA', EAL, '1Opp"'� Publish: February 3' and February 10', 2026 CITY OF REXBURG Madison County, Idaho Deborah Lovejoy, City Clerk LOCAL IMPROVEMENT DISTRICT 55-Exhibit B of Resolution 2026-04 Item # Physical Address Name Parcel # Cost Property Owner Cost Est Instrument # (deed) 01 360 E Main St Park Vista Partners LLC RPROPOW0010080 $ 5,661.00 $ 6,340.32 460067 02 18 Ash Ave Sheri Mabey Trust RPROPOW0010790 $ 9,926.00 $ 10,041.98 391539 0328 Ash Ave Havens, Douglas & Suzanne RPROPOW0011730 $ 14,516.00 $ 14,254.25 364232 04 38 Ash Ave Sheri Mabey Trust RPROPOW0012461 $ 14,975.00 $ 14,475.11 346069 0552 Ash Ave Nelson, Robert & Kathleen RPROPOW0013432 $ 20,753.00 $ 21,484.04 222345 0674 Ash Ave Montierth, Rodney & Malanie RPROPOW0015121 $ 14,516.00 $ 12,739.28 458879 07 77 Ash Ave Linda Long Living Trust RPROPOW0041150 $ 6,525.00 $ 7,308.00 344328 09 390 Maple Dr Crough, Garth & Linda RPROPOW0040670 $ 1,305.00 $ 1,461.60 470279 10 401 Maple Dr Madison Memorial Hospital RPROPOW0020030 $ 3,500.00 $ 3,920.00 389605 11 450 E Main St Madison Memorial Hospital RPROMMH0000010 $ 1,836.00 $ 2,056.32 403443 12 City of Rexburg 0 $ 650,000.00 $ 728,000.00 0 13 377 W 2nd S Peterson, Tyler & Jesica RPROOSE0060020 $ 6,579.00 $ 5,267.07 443903 14 Apx 229 S 4th W Eastern Idaho Railroad RPROOSE006EIRR $ 13,770.00 $ 15,422.40 0 15 355 W 2nd S MDE Investment Company LLC RPRWDSHOOOCMMN $ 5,004.00 $ 4,724.82 313115 16 227 S 4th W Higham, Brock & Natalie RPRSE00006002D $ 6,078.00 $ 5,439.00 461770 17 235 S 4th W Hobson, Jared & Angie RPRSE00006002E $ 11,612.00 $ 10,855.16 462917 18 237 S 4th W Perry, Donald & Michelle RPROOSE0063075 $ 5,948.00 $ 5,879.84 467244 19 245 S 4th W Barbara Sharp Family Trust RPROOSE0063790 $ 7,778.00 $ 8,711.36 453208 20 378 S 4th W Briggs, John & Dawna RPROOSE0065260 $ 3,914.00 $ 4,383.68 462792 21 301 S 4th W Kaman Property Holding LLC RPROOSE0110191 $ 4,328.00 $ 4,847.36 453128 22 390 Bare St Christopher Wassum Trustee RPROOSE0110911 $ 3,500.00 $ 3,920.00 392860 23 327 S 4th W Riley, Kent RPROOSE0111570 $ 5,846.00 $ 6,547.52 465757 24 335 S 4th W Harrison, Victor & Tanja RPROOSE0112600 $ 7,895.00 $ 8,011.61 406448 25 343 S 4th W Rennaker, Jason RPRKL00001003A $ 7,784.00 $ 8,033.90 471119 26 347 S 4th W Rennaker, Jason RPRKL00001003B $ 6,414.00 $ 6,499.50 471119 27,437 S 4th W GBD Property Development LLC RPROOOK0040201 $ 19,646.00 $ 18,191.66 428271 28 447 S 4th W Rennaker, Jason RPROOOK0043090 $ 15,422.00 $ 15,611.06 465222 29 457 S 4th W Rennaker, Jason RPROOOK0043010 $ 828.00 $ 927.36 465222 30 350 W 5th S South Brenchley Limited Partnership RPROOOK0044391 $ 6,654.00 $ 6,719.43 395095 31 359 W 3rd S Kaman Property Holding LLC RPROOSE0110161 $ 3,500.00 $ 3,920.00 453131 32 366 W 3rd S Haney, Jann RPROOSE0065230 $ 3,500.00 $ 3,920.00 320201 33 263 S 4th W BAMM Investments RPRSE00006003B $ 3,914.00 $ 4,383.68 453131 34 268 S 4th W Archibald, Wendy Jean RPROOSE0053850 $ 3,500.00 $ 3,920.00 461273 35 City of Rexburg 0 $ 610,000.00 $ 683,200.00 0 36 65 Birch Ave M&D Miles Properties LLC RPROPOW0030630 $ 7,038.00 $ 7,882.56 432002 37 76 Birch Ave Parkinson, Stephen RPROPOW0041130 $ 6,975.00 $ 7,812.00 166428 38 86 Birch Ave Valerio, Michael & Ana RPROPOW0041370 $ 6,885.00 $ 7,711.20 427859 39 96 Birch Ave Dabell, Connor & K lee RPROPOW0040051 $ 3,366.00 $ 3,769.92 437342 40 106 Birch Ave Lafollette, Paul & KathyRPROPOW0042090 $ 6,885.00 $ 7,711.20 271363 41 115 Birch Ave Park , Landon RPROPOW0062060 $ 9,620.00 $ 10,774.40 465277 42 116 Birch Ave John & Ton a Has Trustee RPROPOW0042330 $ 6,885.00 $ 7,711.20 436733 43 123 Birch Ave Hobbs, Kyle & Aubrey RPROPOW0062310 $ 9,620.00 $ 10,774.40 466739 44 126 Birch Ave Sutherland, Bruce RPROPOW0042570 $ 3,213.00 $ 3,598.56 156972 45 131 Birch Ave Benitez, Nancy RPROPOW0062550 $ 3,825.00 $ 4,284.00 442503 46,136 Birch Ave Allison, Georgia RPROPOW0042810 $ 5,049.00 $ 5,654.88 432603 47 139 Birch Ave Evans, Edward RPROPOW0062780 $ 5,814.00 $ 6,511.68 325527 48 145 Birch Ave Ivers, John & Connie RPROPOW0063270 $ 6,426.00 $ 7,197.12 230564 49 148 Birch Ave Snell, Scott & Katie RPRRSWA1000010 $ 7,650.00 $ 8,568.00 412923 50 159 Birch Ave Kenneth & Jean Brown Trustee RPROPOW0063500 $ 5,967.00 $ 6,683.04 398897 51 160 Birch Ave Nielsen, Douglas & Jennette RPRRSWA1000020 $ 5,202.00 $ 5,826.24 464214 52 171 Birch Ave Nielson, Ryan & Darla RPROPOW0063740 $ 5,967.00 $ 6,683.04 237128 53 172 Birch Ave Erikson, Ryan & Carnryn RPRRSWA1000030 $ 3,978.00 $ 4,455.36 469177 54 415 E 2nd S Dabell, Connor & K lee RPROPOW0063980 $ 4,437.00 $ 4,969.44 432343 55 429 Linden Ave Stephen & Edith Mellor Trustee RPROPOW0031110 $ 8,262.00 $ 9,253.44 430532 56 410 Maple Dr Raysten, Milton & Rosemary RPROPOW0040650 $ 3,060.00 $ 3,427.20 329893 57 City of Rexburg 0 $ 590,000.00 $ 660,800.00 0 58 697 Tre'o St #6 Meadows Homeowners Association LTD RPRMDOS200CMMN $ 15,738.00 $ 17,626.56 350005 59 A x 1032 W 7th S Garner, Megan & Justin RPR6N39E256500 $ 7,390.67 $ 8,277.55 458699 60 1068 W 7th S Hernandez, Gabriel & Ruth RPRXBCA0255720 $ 19,586.04 $ 21,936.37 269924 61 681 Blue Willow Cir Kesler, Daniel & Kara RPRWLBE0000010 $ 14,339.59 $ 16,060.35 464038 62 680 Blue Willow Cir Baldwin, Robert & Tove RPRWLBE0000040 $ 17,656.13 $ 19,774.87 299872 63 677 Willow Brook Cir McCoy, Amy RPRWLBE0000050 $ 14,544.81 $ 16,290.20 299229 64 676 Willow Brook Cir Kunz, Frank & Stacey RPRWLBE0000080 $ 16,166.19 $ 18,106.13 367268 65 691 S 12th W Diaz, Michael & Desiree RPRWLBE0000090 $ 20,032.04 $ 22,435.89 430411 66 A x 2210 W 1000 S K Holdings LLC RPR6N39E269004 $ 61,640.00 $ 69,036.80 467934 67 2238 W 1000 S Gundert, Jason RPRXBCA0269503 $ 7,076.00 $ 7,925.12 398274 68 A x 2330 W 1000 S Summerfield Pud Homeowners Assoc Inc RPRSMRF1010130 $ 966.00 $ 1,081.92 386718 69 2211 W 1000 S Madison School District #321 RPR6N39E350001 $ 40,870.00 $ 45,774.40 390695 7011042 W 7th S I Ellis, Lisa RPR6N39E256501 $ 14,032.09 $ 15,715.95 406134 711 1 City of Rexburg 0 $ 2,650,000.00 1 $ 2,968,000.00 0