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ORDINANCE N0, 19344 <br />AN ORD~NANGE LEVYING ASSESSMENTS FOR sanitary .and storm sewers , i n Ni xan Street from24th Avenue <br />to 25th Avenue <br />in the Gity of Eugene, Lane County, Oregon. <br />RECITALS: <br />The City Council of the City of Eugene. did by Resolution No. 392 3 ,adapted ~ ~n e ~~,,^ <br />l9 85 ,determine to canstrt~ct sanitary and storm sewers i~l Nixon Street from 24th Aver~~e to <br />25th Avenue ' <br />The City Council authorized the execution of a contract for. the construction of the local <br />improvements o?i A , 19~; <br />The estir~ated cost thereof is ascertained, and~the initial amount to be assessed in accordance <br />with applicable provisions of the Eugene Code, 1971 has been determined to be: <br />Item 1. Contract Amourrt Contract # $5-~3 $ 22,751.30 <br />including contingency? Contract # <br />k Item 2. Maintenance Retainage <br />Item '3. Other Costs Describe} <br />Item 4. Deferred Assessments Type} <br />' Item 5. Amount of Remaining Warrants issued to Complete Contract <br />Item 6. Estimated amount far Contract #,_ $5_-1~ $ z~,75I , 3Q <br />Item T. Less -City`s Share of Cost for Completed Contract - ~,$ 70.30 <br />Item S. Plus - <br />a. DUE TO WARRANT REDEMPTION FUND <br />Item 9. Amount to Which City Gharges are applied ]~ $a~ 0Q <br />hear ]O. Plr,s -Unpaid Balance of City`s Share See Item 24 Below} 9,$70.30 <br />Item ll. Less -Liquidated Damages <br />Item i2. Leis -Other Casts (Describe} ~ . <br />Item i3. Plus _ Overpayment to Contractor by Warrant <br />Item 14. ASSESSMENT WO~tK IN PROCESS ~~,75~ • 30 <br />Item i5. P]us -Overpayment to Contractor •in Cash ' <br />Item <br />~ 1G. Plus » 15~ City Charge far Engineering ~ ,932, ~ 5 <br />~• <br />~ Plus r 5~ Gity Charge far Internal Service 54.05 <br />' Plus -Warrant Interest Gharge . <br />• $ 2,576.20 <br />' a. DUE TO WARRAi~T REDEMPTION FUND ~ ~ .2 , 576.20 <br />Item 17. Plus -DUE TO SEWER UTILITY for lJ2¢ SPECIAL SEWER LEVY ' <br />Item i 8. Plus » DUE TO SEWER UTILITY .far Lateral Sewer ~ ,4$0.55 <br /> 'Equivaiert of Trunk Sewer System <br />Item l9. Plus -DUE TO WARRANT REDEi~PTION FUND. forEngineering ~ . <br /> Charges an City's Share of Casts. ~, ~ . <br />Item 20. Plus -Other Casts Describe} <br />Item 21. Plus -Liquidated Damages <br />Item 22. Less -DUE FRONT CONTRACTOR for Overpayment . <br />Item 23. INITIAL A5SE55MENT RECEIVABLE -TOTAL INITIAL ASSE55NIENTS $ 26,808.05 <br />. per Ordinance . <br />Item 24. Gi ; 's Share of Cast far Carr leted Contract: <br /> Account Contract <br />~,o, ~ En9r• 15% Cast <br />TOTAL <br /> 332-9332-61739-956385 ~~;480.55 $9,870.30 ~ 85 <br />D ~ FhIfiR . Ai1M {]7R l /84 <br />