Resolution - 1990 - 10-91 - Approve Option For Purchase Of Property And Escrow Agreement/Louis Mendiola - 12/19/1990
RESOLUTION NO. 10-91
A RESOLUTION DECLARING THE INTENTION OF THE CITY OF EAGLE, IDAHO,
TO CREATE LOCAL IMPROVEMENT DISTRICT NO. 91-1, 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 BENEFITED 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;
AND PROVIDING FOR OTHER MATTERS RELATING THERETO
WHEREAS, the city of Eagle, 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
adopted a resolution initiating the creation of a local improvement
district for the proposed district; and
WHEREAS, the council is of the opinion that it is in the best
interest of the owners of property ~nd of the inhabitants within
the proposed Local Improvement District No. 91-1 ("L.I.D. No.
91-1"), and within the city, that the proposed L.I.D. No. 91-1 be
formed and the proposed improvements as hereinafter described be
constructed.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF EAGLE, 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 Local Improvement District No. 91-1, to make the
improvements as hereinafter set forth.
section 2: The boundaries of the proposed L. I. D. No. 91-1 and
of the properties to be assessed are generally described as set
forth in Exhibit "A," which is attached hereto and incorporated
herein by this reference.
section 3: A general description of the improvements to be
made (the "Improvements") is as follows: construction,
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reconstruction, or repair of street intersections, curbs,
sidewalks, crosswalks, and equipment for street lighting purposes;
planting of shade trees and other landscaping and construction of
an irrigation system for such trees and landscaping; 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
"Improvements").
section 4: The estimated total cost of the proposed project
is $732,812. The cost will be paid from the following sources:
city of Eagle:
General Fund
L.I.D. No. 91-1 Levy of Assessments
Idaho community Development Block Grant
$ 16,687
40,000
459,125
state of Idaho Transportation Department:
General Fund
217,000
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 the front-foot
method of assessment, as provided by section 50-1707, Idaho Code.
section 6: Tuesday, the 11th day of June, 1991, at the hour
of 7:00 o'clock P.M., at the Eagle City Hall, 310 E. State Street,
Eagle, 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
L.I.D. No. 91-1 and constructing the proposed Improvements, and
hear all complaints, protests, and objections which may be made in
writing and filed with the City Clerk by any owner of any parcel of
land to be assessed.
section 7: written protests and objections to the creation of
L.I.D. No. 91-1 or to the manner of assessment or inclusion of
property therein may be filed with the city Clerk at or before 5:00
o'clock P.M. on June 11, 1991, by any owner of any parcel of land
to be assessed.
section 8: Notice of Hearing substantially in the form
attached hereto as Exhibit "B" and hereby made a part hereof shall
be given as follows:
(A) By publication of such notice in the Valley News, of
Meridian, Idaho, a newspaper of general circulation within the
city, which notice shall be published once a week for two
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consecutive weeks, the first publication being at least ten (10)
days prior to the date of said hearing.
(B) By mailing, at least ten (10) 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
L.I.D. No. 91-1, addressed to such person at his post office
address, if known, or if unknown, to the post office in Eagle,
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 21st day of May, 1991.
CITY OF EAGLE
Ada ,co, unty , I~~JJk
BY~
Mayor ---
(SEAL)
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