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04-10189 Levy Special Assessmen(Published in the Salina Journal on April U , 2004) ORDINANCE NUMBER 04-10189 AN ORDINANCE LEVYING SPECIAL ASSESSMENTS ON LOTS, PIECES AND PARCELS OF GROUND IN THE CITY OF SALINA, KANSAS FOR THE PURPOSE OF PAYING A PORTION OF THE COST OF CERTAIN IMPROVEMENTS IN THE CITY. WHEREAS, the Governing Body of the city of Salina, Kansas (the "City") has authorized the following improvements (collectively, the "Improvements") in the City: PROJECT NO. 03-1404 LIBERTY ADDITION (PHASE I) STREET, DRAINAGE & WATERLINE IMPROVEMENTS Street, drainage and watermain improvements on Cortland Circle from Schilling Road to the south end of Cortland Circle, including grading, paving, curbing, guttering, storm pipelines, storm inlets, water pipeline, fittings, and any incidental work thereto to complete the project. WHEREAS, the Governing Body has after due notice, met and determined the amount of such special assessments; and WHEREAS, the Governing Body held a public hearing to consider each of the proposed assessments. BE IT ORDAINED by the Governing Body of the City of Salina, Kansas: Section 1. Special assessments to pay the cost of the Project are hereby levied against several lots, pieces and parcels of land liable for special assessments for said Improvements, as follows: Project No. 03-1404 Liberty Addition (Phase I) Street, Drainage and Watermain Improvements Tract 1 (20368) Lot 1, Block 1, Liberty Addition..............................................................$76,404.31 Tract 2 (20369) Lot 1, Block 1, Liberty Addition No. 2 ....................................................$41,642.99 TOTAL COST TO IMPROVEMENT DISTRICT...........................$118,047.30 TOTAL COST TO CITY AT -LARGE ..............................................$ 0.00 TOTAL COST OF IMPROVEMENT ...............................................$118,047.30 Section 2. Said amounts so levied, apportioned and assessed as aforesaid will be due and collectible in fifteen equal installments, the first becoming due with the taxes levied for the year 2004, and one of said installments falling due each and every year thereafter until all are paid and all to be collected with interest as in this ordinance provided; HOWEVER, that the owner of any piece or parcel of property liable for any such assessments may redeem his property, in whole or in part, from such liability by paying to the City Treasurer the entire amount, or a portion thereof, chargeable against the same, as in this ordinance provided, at any time within thirty days after the first publication of this ordinance and before the issuance of bonds of said City in payment of the balance of the cost of said improvements, and to the extent of any such payment, the property so paid on shall not thereafter be liable for any further assessments for the cost of said improvements, nor for any part of said bonds. Section 3. There is hereby levied further and assessed against such lots and pieces of ground described in this ordinance, interest at such rate per annum as shall be borne by bonds hereinafter to be issued for the payment of the remaining unpaid cost of such improvements to be hereafter determined and fixed by ordinance. Interest on the assessments shall begin to accrue in accordance with Section 2 above. Section 4. This Ordinance shall take effect from and after its passage and publication in the official City newspaper. {SEAL} ATTEST: Lieu Ann Elsey, City Clerk Introduced: March 22, 2004 Passed: Aril 5, 2004 Cl a � n E. Jilka, ayor