92-4463 Auth Holmquist( Published in The Salina Journal June ,ZG , 1992 )
RESOLUTION NUMBER 92-4463
A RESOLUTION AUTHORIZING AND ORDERING CERTAIN WATER
MAIN IMPROVEMENTS INCLUDING FITTINGS, FIRE HYDRANTS, VALVES,
CHANNEL CROSSINGS AND SPECIAL TRENCH COMPACTION IN HOLMQUIST
ESTATES PLANNED DEVELOPMENT DISTRICT, ORDERING PREPARATION OF
PLANS AND SPECIFICATIONS AND THE ESTIMATE OF COSTS.
WHEREAS, a petition was filed with the City Clerk on the 29th day
of May, 1992 proposing certain water main improvements, including fittings,
fire hydrants, valves, channel crossings and special trench compaction in the
Holmquist Estates Planned Development District; and
WHEREAS, the Board of Commissioners of the City of Salina,
Kansas, did on the 15th day of June, 1992, find such petition to be
sufficient; and
WHEREAS, the Board of Commissioners of the City of Salina,
Kansas, did on the 15th day of June, 1992, 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:
Section 1. That the following improvements are hereby authorized
to be made in accordance with the findings of the Board of Commissioners:
HOLMQUIST ESTATES
PLANNED DEVELOPMENT DISTRICT
Installation of a six inch water main including fittings,
fire hydrants, valves, channel crossings and special trench
compaction.
Section 2. The extent or boundaries of the proposed improvement
district to be assessed is:
Lots 1, 2, 3, 4, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16,
17, 18, 19 and 20, Holmquist Estates Planned Development
District. t
e
Section 3. The estimated or probable cost of such improvements is
$125,695.00.
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
$125,695.00.
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 based on a lump
sum for each lot of land and 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 10. 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 $125,695, 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.
Adopted by the Board of Commissioners and signed by the Mayor
this 15th day of June, 1992.
III
Carol E. Beggs, Mayor
(SEAL)
ATTEST:
.,�a S�".ww,
JacquTline Shiever, CMC
City Clerk