Ordinance No. 19757 - Laserfiche WebLink

Home Browse Search

Page 3 Findings & Recommendations 10. Short term financing to pay for project charges mentioned above cost $138,298.00. 11. Legal fees to address suits brought against the city relating to the construction project totaling $41,643.50. This litigation affected the sanitary sewer projects to be constructed in all eight basins in the River Road area. Three of these basins are involved in these assessments, Therefore three-eights of that cost of $15, 616.31 is included in the assessment calculations for this year. Future year assessments in River Road will include the remainder of the charges. 12. Additional costs to obtain short-term financing far the 1990 construction were $55, 463.52. These costs were a result of a Bond Anticipation Note sale which failed due to legal questions raised in a lawsuit. The circuit court ruled in the City's favor on all issues and no appeal has been taken. The total cost of $4, 962, 945.46 includes all the above costs. A pardon of the total cost includes $610,471.90 of street repair costs which the City anticipates will be paid by Lane County and have not been included within the assessment distribution, A segment of the system in basin "A" was greater than eight-inches in diameter; the City will pay the incremental cost over the eight-inch diameter. The remainder of the costs were divided into the lateral and service line portions of the assessment and spread among all properties or portions of properties in the basins which have not previously been assessed. All developed properties within the boundaries of the local improvement district that have not previously paid for the sewers will be assessed. Vacant properties outside the city will not be assessed but were included in the unit cost calculations. The city will carry these costs in anticipation of future collection through the eight-inch equivalent process.} Vacant properties annexed and within the city limits, ar anticipated to be within the City by March 4 will be assessed. The determination of vacant properties has resulted in some controversy which is addressed in a later section. In addition to the vacant properties not being included in the LID's there are two features within the LID boundaries that were not included in the assessable area for calculating unit costs or assessments: 1} area covered by the existing ponds near Park Avenue and Park Terrace; 2~ property encumbered by developed drainage facilities within existing dedicated easements, The primary reason for these exceptions is that the land cannot be used far any other purpose ar developed further due to these physical encumbrances.