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File #: 20-0765    Version: 1 Name: 6/15/20 Resolution to Amend the Installments and Amounts of SAD 55,56,57, and 60
Type: Resolution Status: Passed
File created: 6/15/2020 In control: City Council
On agenda: 6/15/2020 Final action: 6/15/2020
Enactment date: 6/15/2020 Enactment #: R-20-200
Title: Resolution to Amend the Installments and Amounts of the Special Assessment Roll for Districts 55, 56, 57, and 60

Title

Resolution to Amend the Installments and Amounts of the Special Assessment Roll for Districts 55, 56, 57, and 60

Memorandum

On May 4, 2020, City Council approved the following four special assessment districts and their rolls:

 

-                     DS-1 20-0521 Resolution No. 4 - Confirming the Barton Drive Water Main Replacement Resurfacing Project Special Assessment District No. 55 - Brede to Pontiac

-                     DS-2 20-0522 Resolution No. 4 - Confirming the Barton Drive Water Main Replacement & Resurfacing Project Special Assessment District No. 60 - Barton/Starwick Intersection

-                     DS-3 20-0523 Resolution No. 4 - Confirming the Nixon and Traver Sidewalk Gap Project, Special Assessment District No. 56

-                     DS-4 20-0524 Resolution No. 4 - Confirming the Fuller Court Sidewalk Project Special Assessment District No. 57

 

During the discussion and prior to approval, a question was asked when the first payments would be due and staff indicated July 1, 2021 after the project was completed. This was incorrect and inconsistent with the resolutions.

 

To correct this issue and comply with existing city ordinance which requires the first installment to start July 1st following Council approval, this resolution requests amending the term of the repayment installments to add one year and to establish the first installment on July 1, 2020 as $0.00 with the remaining installment amounts being as stated in the rolls attached to the resolutions.

 

Staff recommends approval of this resolution to allow the residents an additional year for repayment.

Staff

Prepared by:      Tom Crawford, Interim City Administrator

Reviewed by:     Tom Crawford, Interim City Administrator

Approved by:     Tom Crawford, Interim City Administrator

Body

Whereas, At the May 4, 2020 Council meeting, special assessment districts numbers 55, 56, 57 & 60 were approved including their rolls and installments;

 

Whereas, During the discussion and prior to approval of the these districts, staff indicated the first installment would start July 1, 2021 which was incorrect and not consistent with the resolutions (July 1, 2020); and

 

Whereas, Council may amend the installment to plan to extend it one year, establish the first payment (July 1, 2020) to be $0.00, and keep the remaining payments as previously established but deferred by one year;

 

RESOLVED, That Council amends the repayment schedules and extends the installment periods for special assessment districts number 55, 56, 57, & 60 to add one year, establishes the first year payments as $0.00 with the remaining installment amounts being as stated in the rolls but to start July 1, 2021; and

 

RESOLVED, That the City Administrator be authorized to take all necessary administrative actions to implement this resolution.