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HomeMy WebLinkAboutResolution NO. 4736 RESOLUTION NO. 4736 A RESOLUTION FORMING A LOCAL IMPROVEMENT DISTRICT FOR PAVING, CONSTRUCTING SIDEWALKS, WASTEWATER SYSTEMS, STORMWATER SYSTEMS, STREET LIGHTS AND TREES ON LEGACY STREET FROM AVALON STREET TO BABE RUTH LANE, AND ON AVALON STREET FROM LEGACY STREET TO HAVITURE WAY. (JOB #3990) BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a Municipal Corporation of the State of Oregon, as follows: Section 1. After proper notice of the hearings required by Sections 7.165 and 7.166 of the Eugene Code, 1971 (E.C.), and after receiving the hearings officer's report of public testimony on the proposed project, the City Council hereby declares it is in the public interest to construct the local improvements described in Section 2 of this Resolution and assess part of the costs thereof to the specially benefitted properties on Legacy Street from Avalon Street to Babe Ruth Lane, and on Avalon Street from Legacy Street to Haviture Way, subject to the provisions of Section 4 of this Resolution. Section 2. The Council hereby orders the establishment of a local improvement district, on Legacy Street from Avalon Street to Babe Ruth Lane, and on Avalon Street from Legacy Street to Haviture Way and in that district to pave, construct sidewalks, wastewater systems, stormwater systems, street lights and street trees and related improvements ("the Improvements"). Section 3. The costs of the Improvements shall be borne by, and assessed to, the properties in the district in accordance with E.C. 7.175 and Section 4 of this Resolution. Included in the cost shall be the overhead costs specified in E.C. 7.170 and whatever other special costs, such as Resolution - 1 acquisition of interests in real property as are necessary to make the improvements. Upon completion of the Improvements, the final costs therefor will be calculated and the owners of benefitted property shall be notified and the property assessed as provided in E.C. 7.185 to 7.240. The assessments to be levied for these improvements are hereby characterized for purposes of the property tax limitation in Section 11 b, Art. XI of the Oregon Constitution as assessments for a local improvement, not subject to the constitutional limitation of $1 0 per thousand of real market value. Notice of the intent to so characterize the assessments was sent to the affected property owners prior to the adoption of this resolution. Section 4. Three of the properties proposed for inclusion in the local improvement district have frontages greater than 100 feet but will be assessed under the special circumstances clause in E.C.7.175(3)b. Greenhill Village LLC (Tax Lot #1704200001900) is an a undeveloped property. Under provisions of the E. C. 7.17 5( 5)( f) the property would not be assessed at the present time, and frontage costs would be collected with an equivalent charge at time of development. This property is the only parcel of land on the south side of Avalon and the City cannot proceed with the improvement project of Avalon under this funding scenario. The property owner has agreed with the City to be assessed for the full frontage under the E.C .7.175(3)b special circumstance clause, so that the City will be able to move forward with construction at this time. Bethel School District and City of Eugene Parks (Tax Lot #17042021 00900) has frontage greater than 100 feet. This parcel is zoned residential, but the use is permitted as a conditional use in residential zoning so it will be assessed as a non-residential property. This parcel will be assessed at full frontage. Tax Lot # #17042023 00100, owned by Bruce Weichart Custom Homes, is very close to final approval for Resolution - 2 Harvest Ridge 5th and 6th Additions subdivisions. There is an irrevocable permit for the Legacy Street, wastewater and related improvements for this property. The final calculations of assessments will be based on the subdivision that will exist when calculations are done. One lot within the proposed subdivision will be less than ~ acre, have a frontage of over 100 feet, and will be assessed for the full frontage. Section 5. The City Council hereby declares that the construction of the Improvements, as well as acquisition of rights-of-way or easements necessary for the construction, is for a public purpose, is necessary for the public welfare, and is authorized under the laws of the State of Oregon and Charter and ordinances of the City of Eugene, and is directed by this Resolution. Section 6. Improvement warrants, short-term promissory notes and other evidence of indebtedness authorized by Chapter 902, 1991 Oregon Session Laws, issued to finance the construction of the Improvements shall be indebtedness for them. When improvement warrants are issued, they may be general obligation warrants or limited general obligation warrants or other similar instrument. Such indebtedness shall bear interest at a rate set by Council resolution authorizing the debt. The interest shall be paid upon redemption. Section 7. Proceeds from unbonded assessments, improvement bonds, foreclosure of liens based on the Improvements and from other budgeted funds including ad valorem taxes, if levied, to pay the debt shall be deposited in the Short Term Debt Fund until the indebtedness issued to finance the Improvements is redeemed. Proceeds so deposited may be used only to pay the indebtedness issued to finance the Improvements. Resolution - 3 Section 8. The Mayor, City Manager, and Finance Officer may sign the evidence of indebtedness herein authorized by facsimile signature with a check signing machine. The Finance Officer shall cause the seal of the City to be printed on the evidence of indebtedness when required by law or by the purchaser. The foregoing Resolution adopted the 12th day of August, 2002. f~bh? /.. Z~---/ City Recorder Resolution - 4