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ORDINANCE NO, <br />AN ORD"NANCE LEVYING ASSESSMENTS FOR Sanl Lary Sealer t0 SerVe Eugene' S Par~C P~ aC2 Subdl V1 Si on <br />in the City of Eugene, Lane County, Oregon. <br />RECITALS <br />The City Council of the City of Eugene did by Resolution No. 3939 , adopted AUgUSt 12 <br />19 85, determine to construct sanitary sewer within Eugene's Park P1 ace .Subdi v~ si on <br />The pity Council authorized the execution of a contract for the construction of the local <br />improvements on July 23 ~„ _ ~ 19~.; <br />The estimated cost thereof is ascertained, and the initial amount to be assessed in accordance <br />with applicable provisions of the Eugene Cade, 1971 has been determined to be: ~ . <br />Item 1. Contract Amount Contract # 84-111 $ 63,627,45 <br />(including contingency) Contract # <br />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 for Contract # 84-117 ~ ~ 63,627.45 <br />Item 1. Less - City`s Share of Cost far Completed Contract <br />Item S. Plus - <br />a. DUE TO WARRANT REDEMPTION FUND <br />Item 9. Amount to Which City Charges are applied _63,621.45 <br />Item 10. Plus -Unpaid Balance of City's Share (See Item 24 Belaw) <br />Item 11. Lees - Liquidated Damages <br /> <br />Item <br />12. f <br />Leis -other casts (Describe) credit far pre-assessed fat. , sere, & levy - 924,13 <br />Item 13. Plus ~ Overpayment to Contractor by Warrant <br />62,703.32 <br />Item 14. AS5ESSMENT WORK IN PROCESS <br />Item 15. Plus - Overpayment to Contractor in Cash <br />Item 16. Plus - 15~ City Charge for Engineering 9,544' 12 . <br />3 <br />181 <br />31 <br /> . <br />, <br />P1 Eis - 5~ Ci tY Charge for Interna] Service <br /> Plus - ;darrant Interest Charge . <br /> <br /> a. DUE TO WARRANT REDEMPTION FUND 12,125,49 <br />Item 17. Plus - DUE TO SEWER UTILITY far 112 SPECIAL SEWER LEVY 2,Q 2 1,5Q <br />Item 18. Plus - DUE TO SEWER UTILITY for Lateral Sewer <br /> Equivalent of Trunk Sewer System <br />Item 19. Plus - DUE TO WARRANT REDEMPTION FUND for Engineering <br /> Charges on City's Share of Costs <br />Item 2O. Pl~~s - Other Costs (Describe) <br />Item 21, Plus - liquidated Damages <br />Item 22. Lees - DUE FROM CONTRACTOR for Overpayment <br />Item 23. INITIAL ASSESSMENT RECEIVABLE - TOTAL INITIAL ASSESSMENTS $ 1 1,4 5 0.3 1. <br /> per Ordinance <br />Item 24. Ci y's Share of Cost for Com feted Contract: <br /> Account Contract <br />ido. Engr, Cost <br />TOTAL _ <br />P.W.ENGR.ADM O70 1184 <br />