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ORDINANCE N0. <br />V~~ <br />- AN ORDINANCE LEVYING ASSESS~'~ENTS FOR paving on Avenue from Seneca Raad to 8ai 1 ey <br />Ni11 Road <br />in the City of Eugene, Lane County, Oregon. <br />RECITALS: <br />The City Council of the City of Eugene did b}' Resolution No. <br />~, adopted . June 10 <br />19 81, determine to pave streets on Stn Avenue fro~l Seneca Raad to Bailey I~i11 Raad <br />The City Council authorized the execution of a contract for the construction of the local <br />improvements on July 13 , 1881 <br />The lacal improvements have been constructed in accordance with the contract and applicable <br />provisions of the Eugene City Code and the cast thereof and amount to be assessed have been ascertained to be: <br />Item 1. Cash Paymen~s to Contractor - Contract r $1-20 $ 140,107.96 <br />Contract r <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, Total ~rnount for Contract = $1-20 <br />Item 7. Less -City's Share of Cost for Completed Contract <br />Item $. Plus - <br />a, DUE TO GENERAL FUND for Liquidated Damages <br />~ 140,107.96 <br />71,786.03 <br />Item 9. 1~mount to Which City Charges are Applied 68, 321.93 <br />Item 10. Plus -Unpaid Balance of City's Share (See Item 24 Below} 71 ] $6 0 3 <br />. <br />Item 11. Less -Liquidated Damages <br />,. <br />Item 12. Less -Other Costs Describe} <br />item 13. Plus -Overpayment to Contractor by Warrant <br />Item 14 . ASSESS~ <br />~EI~T~ 1tii0RK I N PROCESS <br />~:~4~ <br />~7:'~ <br />Item 15. Plus-Overpayment to Contractor in Cash , <br />Item 16. P.1 us-15°/ of Item 9-City Charge for Engi need ng <br /> & Inspection 10,248.29 <br /> Plus-2l of Item 9-City Charge for Internal <br /> S.ervi ce 1,366.43 <br /> Plus- 5.57875 l of Item 9-Warrant Interest <br />811 <br />3 <br />51 <br /> Charge . <br />, <br /> TOTAL CITY CHARGE 15 426.23 <br /> a. DUE TO WARRANT REDEMPTION FUND 15 <br />426 <br />23 <br />Item 11. Plus - DOE TO SEWER UTILITY for 1J2~ SPECIAL SEWER LEVY , <br />. <br />Item l8. Plus - DUE TO SEWER I~TILITY for Lateral Sewer <br /> Equivalent of Trunk Sewer System <br />• Item 19. Plus - DUE TO WARRANT REDEMPTION FUND far Engineering 10 7 6 7 91 <br /> Charges on City's Share of Costs <br />Item 2O. Plus - Other Costs {Describe) <br />Item ~]. Plus - Liquidated Damages <br />Item 22. Less - DUE FROM CONTP,kCTOR far Overpayment <br />item 23. ASSESSMENT RECEIVABLE - Total kssessment5 per Ordinance S 16 6,3 0 2.10 <br />Item 24. Cit 's Share of Cast far Completed Contract: <br /> <br />Account l0a Construction Amount Paid on <br />Monthly <br /> No. Eng _ Costs <br />~~ <br />~ Estir~ates TOTAL <br /> 332--9332-61739-924114 10,000.71 <br />6f <br />G71.4Q~~ ~ 76,672. l i <br /> 767.20 5 114.63 5 881.83 <br /> TOTAL: ' <br />82,553.94 <br />Ordinance - l P.4,'.t~ru~.r,~'f GiO 2/EZ <br />