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ORDINANCE NO. <br />Ah ORDINANCE LEVYING ASSESSMENTS FOR Paving Fairvr~ay Laop from Eastwao~ Large to <br />Sauth~rood Lade (1660} <br />ire the City of Eugene; Lane County, Oregon. <br />RECITALS: <br />The City Council of the City of Eugene did by Resolution No. 3 ~ 48 ,adapted _ <br />19,_._, deterrine to pave Fay r~~ay Laap from Eas~~~aod Lane to South~rood Lane <br />The City Council authorized the execution of a contract far the construction of the local <br />improvements on ~ ~~ lg a~ <br />The local improvements have been constructed in accordance with the contract and applicable <br />provisions of the Eugene City Code and, the cost thereof and amount to be assessed have been ascertained to be: <br />Item 1. Cash Payments to Contractor -. Contract ~' 8 $ 86,160.13 <br />Contract r <br />Item Z. Maintenance Retainage <br />Item 3. Other Costs (Describe) <br />Item 4. Def°rred Assessments (Type) <br />Item 5. Amount of Remaining Warrants Issued to Complete Contract <br />Item 6, Total Amount for Contract <br />Item 7. Less - City's Share of Cost far Completed Contract <br />Item Va P1 us - <br />a. DUE TD GENERAL FUND far Liquidated Damages <br />Item 9. Amount to Which City Charges are Applied <br />Item lO. Pius - Unpaid Balance of City`s Share (See Item Z4 Below} <br />Item ll, Less - Liquidated Damages <br />Item 12. Less - Other Costs (Describe <br />Item 13. Plus - Overpayment to Contractor by Warrant <br />Item 14. ASSESSMENT WORK IN PROCESS <br />Item 15. Plus-Overpayment to Contractor in Cash <br />Item 16. P1usM15% of Item 9-City Charge for Engirleerin~ $ 1,853.91 <br />& Inspec~ian <br />Pius-2{ of Item 9-City Charge for Internal 1,047.19 <br />Service <br />Plus-• 5.6~ % of Item 9-4~arrant Interest 2,953.01 <br />Charge <br />TOTAL CITY CHARGE ;'., <br />a . D~lE TO WARRP,NT REDE~~PTI ON F~1ND ~ . <br />Item 17. Plus - DUE TO SEWER UTILITY far 1J2~ SPECIAL SEWER LEVY <br />Item 18. Plus - DUE TO SEWER UTILITY for Lateral Sewer <br />Equivalent of Trunk Sewer System <br />Item 39. P1u~s - DUE TO WARRANT REDEMPTION FUND far Engineering <br />Charges on City's Share of Casts <br />Item 20. Plws - Other Costs (Describe) <br />Item Z1. Pius -Liquidated Damages <br />Item ZZ. Less - DUE FROM CONTRACTOR far Overpayment <br />Item Z3. ASSESSMENT RECEIVABLE - Total Assessments per Ordinance <br />Item 24. Ci'ty' S Snare of Cost for Completed Cant <br />Account lO~ <br />No. En <br />331-_9332-61739-9~85R4 ~7~ ns~ <br />531-933?-61739-906284 3900.00 <br />Intersections 531.72 <br />6160, 20 <br />Nover~ber 22 <br />~ 86,160.13 <br />34,401.30 <br />52,359.43 . <br />34,4D1.30 <br />86,160,13 <br />11,854.I1 <br />5,160.20 <br />~ l~l~_775 ~n <br />raet: • <br />Amount Paid on <br />Construction Monthly <br />Casts Estimates TOTAL <br />~6,aoo. oo ~9 oao. o0 <br />3,374.10 4 455.22 <br />34,401.30 ^c <br />Ordinance - 1 P.W.EStiGR.nDM 070 2IS? <br />