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04-6071 Adv & Auth Cedar Ridge(Published in the Salina Journal on May �' 2004) RESOLUTION NUMBER 04-6071 A RESOLUTION OF FINDING AS TO THE ADVISABILITY OF AND AUTHORIZING CONSTRUCTION PURSUANT TO K.S.A. 12-6a01 et seq. OF IMPROVEMENTS CONSISTING OF CERTAIN STREET, DRAINAGE, SANITARY SEWER AND WATERMAIN IMPROVEMENTS IN THE CEDAR RIDGE ADDITION TO THE CITY OF SALINA, KANSAS. Pursuant to findings of advisability made by the Governing Body of the City of Salina, Kansas. WHEREAS, a petition was filed with the City Clerk on the 12`h day of May 2004, under and pursuant to K.S.A. 12-6a01 et seq. to make certain street, drainage, sanitary sewer and watermain improvements in Cedar Ridge Addition. NOW, THEREFORE, be it resolved by the Governing Body of the City of Salina, Kansas, that the following findings as to the advisability of making certain street, drainage, sanitary sewer and watermain improvements in Cedar Ridge Addition of the City of Salina, Kansas, are hereby made, to wit: Section 1. That it is necessary and in the public interest to make improvements consisting of: CEDAR RIDGE ADDITION STREET, DRAINAGE, SANITARY SEWER & WATERMAIN IMPROVEMENTS Curbing, guttering, paving, grading, and drainage of approximately 1350 lineal feet of Pinecrest Circle, approximately 175 lineal feet of Timber Ridge Drive and approximately 300 lineal feet of Edgewood Drive. Installation of sanitary sewer and watermains. Section 2. That the estimated and probable cost of such improvement is $687,678. Section 3. That the Governing Body hereby further finds and finally determines that the boundaries of the improvement district against which costs of said improvements shall be assessed are hereby established and fixed as the following legal description: Lots 8-19, Block 1, Lot 1, Block 2, Lots 1-10, Block 3 and Lots 7 and 8, Block 4, all in the Cedar Ridge Addition to the City of Salina, Kansas. Section 4. The method of assessment shall be equally per residential unit within the improvement district for all lots except Lot 1, Block 2 and Lot 10, Block 3 which shall be assessed a full equivalent residential unit share for watermain and sanitary sewer improvements, and a one-half equivalent residential unit share for street improvements. Section 5. The proposed apportionment of cost between the improvement district and the city -at -large is: One hundred percent (100%) of the cost for the construction of Pinecrest Circle and Timber Ridge Drive and installation of sanitary sewer and watermains shall be assessed against the benefit district. One hundred percent (100%) of the cost for the construction of Edgewood Drive shall be paid by the city -at -large. Section 6. That the advisability of the improvements set forth above is hereby established as authorized by K.S.A. 12-6a01 et seq. Section 7. Be it further resolved that the above described improvements are hereby authorized and declared to be necessary in accordance with the findings of the Governing Body as set out in this resolution. Section 8. The assessment with accrued interest shall be levied as a special tax upon the property included within the benefit district concurrent with the general property taxes and shall be payable in fifteen (15) equal annual installments. Section 9. That the City Engineer be and is hereby directed and ordered to prepare plans and specifications, and estimates of the cost of said improvements. Section 10. That for the purpose of providing funds to pay the cost of such improvements until bonds can be issued therefore, the Mayor and City Clerk be and they are hereby authorized to proceed with the issuance of temporary notes for the City of Salina, Kansas, as provided by K.S.A. 10- 123 and 12-6a04, not to exceed the aggregate provided by law. Such temporary notes may be issued by Resolution from time to time as required during the progress of the work on the improvements herein recited. Such temporary notes shall be in the form and executed as provided by law. Section 11. That the City Clerk is hereby authorized and directed to make progress payments to the contractors for materials furnished and for labor performed under the contract when estimates therefore are presented to him/her which have been properly certified by the City Engineer, so long as the aggregate payments do not exceed the total contract price. Section 12. That the City expects to incur capital expenditures on and after the date of adoption of this Resolution in connection with such improvements, and intends to reimburse itself for such expenditures with the proceeds of said bonds or temporary notes in an amount which may aggregate a maximum of $687,678, plus cost of issuance and interest on temporary financing. Section 13. This resolution shall take effect after its passage and publication once in the official city newspaper. Adopted and passed this 17`" day of May, 2004. {SEAL} Monte Shadwick, Mayor ATTEST: Lieu Ann Elsey, City