94-4784 Auth Holiday ResortPublis
n The Salina Journal August
RESOLUTION NUMBER 94-4784
1994
A RESOLUTION AUTHORIZING AND ORDERING CERTAIN CURBING,
GUTTERING, PAVING, GRADING, LATERAL SANITARY SEWER, AND WATER
MAIN AND SERVICE IMPROVEMENTS IN HOLIDAY RESORT ADDITION;
ORDERING PREPARATION OF PLANS AND SPECIFICATIONS AND THE
ESTIMATE OF COSTS; AUTHORIZING THE TEMPORARY FINANCING OF SUCH
IMPROVEMENTS BY THE ISSUANCE OF TEMPORARY NOTES; AND STATING
THAT THE CITY INTENDS TO REIMBURSE ITSELF FOR CAPITAL
EXPENDITURES INCURRED IN CONNECTION WITH THE IMPROVEMENTS.
WHEREAS, a petition was filed with the City Clerk on the 21st day
of July, 1994 proposing certain curbing, guttering, paving, grading, lateral
sanitary sewer and water main and service improvements in Holiday Resort
Addition; and
WHEREAS, the Board of Commissioners of the City of Salina,
Kansas, did on the 1st day of August, 1994, find such petition to be
sufficient; and
WHEREAS, the Board of Commissioners of the City of Salina,
Kansas, did on the 1st day of August, 1994, duly adopt a resolution finding it
advisable to make the aforementioned improvements under the provisions of
Chapter 12, Article 6a of the Kansas Statutes Annotated; SO NOW, THEREFORE
BE IT RESOLVED
by the Governing Body of the City of
Salina,
Kansas:
1 through 8, Block
1; Lots 1
and 2, Block
Section 1. That
subject to
the provisions of Resolution
Number
89-4066 establishing a development
policy for the financing of
public
improvements within the City
of Salina,
the following improvements are
hereby
authorized to be made in
accordance
with the findings of the Board of
Commissioners:
HOLIDAY RESORT ADDITION
Curbing, guttering, paving and grading of DEBORAH
DRIVE from the west line of Lot 1, Block 4 to Eastmoor
Drive to serve Lots 1 and 2, Block 4 and Lots 7 through
12, Block 3.
Curbing, guttering, paving and grading of EASTMOOR
DRIVE from Deborah Drive to Country Club Road to serve
Lots 1 through 8, Block 1; Lots 1 and 2, Block 2; Lots 1
through 12, Block 3; and Lots 1, 2 and 3, Block 4.
Curbing, guttering, paving and grading of ARGONNE
DRIVE from the west line of Lot 2, Block 2 to. the east
cul-de-sac to serve Lots 1 through 8, Block 1; Lots 1 and
2, Block 2; and Lots 1 through 6, Block 3.
Lateral sanitary sewer to serve Lots 1 through 8, Block 1;
Lots 1 and 2, Block 2; and Lots 1, 2 and 3, Block 4.
The installation of a
water main
and service to
serve Lots
1 through 8, Block
1; Lots 1
and 2, Block
2; Lots 1
through 12, Block 3;
and Lots 1,
2 and 3, Block
4.
All in Holiday Resort Addition to the City of Salina,
Saline County, Kansas.
Section 2. The extent or boundaries of the proposed improvement
district to be assessed is:
Lots 1 through 8, Block 1;
Lots 1 and 2, Block 2;
Lots 1 through 12, Block 3;
Lots 1, 2 and 3, Block 4;
All in Holiday Resort Addition to the City of Salina,
Saline County, Kansas.
$315,752.00.
estimated or p
le cost of such improvements is
Section 4. The apportionment of cost between the improvement
district and the city -at -large is as follows:
1. The costs chargeable to private property in the amount of
$315,752.00.
2. No costs chargeable to the City -at -large.
Section 5. 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 ten (10) equal annual
installments.
Section 6. The method of assessment shall be that 100% of the
total cost assessed against the property shall be based on the adjusted front
footage of each lot for street and drainage assessments and equal assessments
per each lot for water and sanitary sewer assessments without regard to the
buildings or improvements of the land.
Section 7. 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 8. That for the purpose of providing funds to pay the
cost of such improvements until bonds can be issued therefor, the Mayor and
City Clerk be and they are hereby authorized to execute 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 9. 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 therefor are presented to
him which have been properly certified by the City Engineer, so long as the
aggregate payments do not exceed the total contract price.
Section 1.0. That the City expects to incur capital expenditures on
and after the date of adoption of this Resolution (the "Expenditures") 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, depending on the date of issuance of said bonds or temporary notes,
may aggregate a maximum of $315,752.00, the anticipated cost of such
improvements. The Board of Commissioners has determined that the funds to
be advanced to pay Expenditures are or will be available only for a temporary
period and it is necessary to reimburse the City with the proceeds of a
borrowing for Expenditures made on and after the date hereof. As of the date
hereof, there are no funds from sources other than said bonds or temporary
notes that are, or are reasonably expected to be, reserved, allocated on a
long-term basis, or otherwise set aside by the City to pay the Expenditures.
This Resolution constitutes a declaration of official intent under Treasury
Regulation Section 1.103-18 issued under the Internal Revenue Code of 1986, as
amended, and the adoption of this Resolution is consistent with the budgetary
and financial circumstances of the City.
Section 11. That this Resolution shall be effective upon
publication.
Adopted by the Board of Commissioners and signed by the Mayor this
8th day of August, 1994.
[SEAL]
ATTEST:
L.
ig, CityC1 k
r
p A. Warner, Mayor