HomeMy WebLinkAbout0413 Interest on Reserve Strips 1994Ll
CITY OF CHUBBUCK, IDAHO
ORDINANCE NO. 41
AN ORDINANCE OF THE CITY OF CHUBBUCK, IDAHO, AMENDING
SECTION 17.16.040 OF THE CHUBBUCK MUNICIPAL CODE TO DELETE
THE PROVISION FOR INTEREST BEING CHARGED ON RESERVE
STRIPS; REPEALING PRIOR CONFLICTING ORDINANCES; PROVIDING
FOR THE SEVERABILITY OF THE PROVISIONS OF THIS ORDINANCE;
PROVIDING THAT ALL OTHER SECTIONS AND PROVISIONS OF
CHAPTER 17.16 NOT HEREIN AMENDED SHALL REMAIN IN FULL
FORCE AND EFFECT; AND PROVIDING WHEN THIS ORDINANCE
SHALL BECOME EFFECTIVE.
BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF
CHUBBUCK, IDAHO:
Section 1. Amending 17.16.040. Section 17.16.040 of the Chubbuck Municipal
Code is amended as follows:
17.16.040 Reservation of Striy. Where a street or easement is dedicated as
provided in Section 17.16.020, and where such street or easement potentially benefits
adjoining lands not yet developed, the developer making the dedication may reserve a
strip not less than one foot in width parallel to the street or easement, between the
street or easement and the undeveloped lands; provided, however, that said developer
must execute and deliver to the city an instrument binding him, his successors or assigns,
to convey the reserved strip to the owner(s) of the adjoining lands upon the request of
such owner(s) for a stated monetary consideration, fixed by the city, consisting of the fair
value at that time of the strip itself and the reasonably apportioned value of
improvements properly chargeable to the adjoining lands_ , and interest at the legal r -at
For eefitrnn4 obligations
ADMINISTRATIVE PROVISIONS
Section 1. Repeal of Conflicting Ordinances. The provisions of any Ordinance of
the City of Chubbuck, Idaho, and any provision of the Chubbuck Municipal Code which
are in conflict with the provisions of this Ordinance are hereby repealed to the extent of
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such conflict. All other sections and provisions of Chapter 17.16 not herein amended
shall remain in full force and effect.
Section 2. Severability. If any provision of this ordinance is held invalid, for any
reason, by any court of competent jurisdiction, such holding shall not affect the validity
or enforceability of any of the remaining provisions.
Section 3. Effective Date. The rule requiring an ordinance to be read on three
separate days, one of which shall be a reading in full, is hereby dispensed with, and this
Ordinance shall become effective upon its passage, approval and publication as provided
by law.
PASSED BY THE COUNCIL AND APPROVED BY THE MAYOR OF THE
CITY OF CHUBBUCK, IDAHO, this 10TH. day of MAY , 1994.
AYOR
ATTEST:
J
YY1�'
CITY CLERK
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