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HomeMy WebLinkAbout1977 Notice of Resolution NOTICE OF RESOLUTION CITY OF CHUBBUCK, IDAHO NOTICE IS HEREBY GIVEN that the City of Chubbuck has adopted a resolution of intent to organize a Local Improvement District in the area of West Burnside Avenue . Excerpts of the resolution appear below. Attention is called to the protest and hearing procedures set forth in Section VIII . For further information, citizens may consult the full text of the resolution and its appendix, on file at the office of the Chubbuck City Clerk, City Hall , 5160 Yellowstone, Chubbuck, Idaho . WHEREAS, the construction of a motel complex between West Burnside Avenue and the Interstate-15 West right-of-way has rendered inadequate the sewer, water and street improve- ment in the area; and WHEREAS, the creation or upgrading of any such improve- ments would primarily benefit the owners of property abutting West Burnside Avenue ; and WHEREAS, the affected owners of property have unan- imously agreed that such improvements should be created or upgraded through a Local Improvement District pursuant to Title 50, Chapter 17 , Idaho Code ; and WHEREAS, the property owners , although they lack requisite standing to submit a petition pursuant to Idaho Code Section 50-1706 , have requested that the City Council adopt a resolution creating such a Local Improvement District, as also authorized by Idaho Code Section 50-1706 ; and WHEREAS, it appears that costs of the improvements , including engineering costs , administrative expenses and legal fees will be included in bonds payable from assess- ments against the property owners , the City paying only for those improvements which will benefit it directly; and WHEREAS, the principal property owners , particularly Reliance Investment , Inc. and Interstate Group , Inc . have secured or before the adoption of any Local Improvement District ordinance will procure, one or more sufficient letters of credit from reputable financial institutions to guarantee the availability of funds to meet any interim financial needs with respect to the project and to purchase the bonds when sold; and WHEREAS, in light of all the foregoing factors , the City Council finds that good cause exists to initiate the organization of such a Local Improvement District ; NOW, THEREFORE, BE IT RESOLVED, by the Mayor and City Council of Chubbuck, Bannock County, Idaho: SECTION I . It is the intention of the Mayor and City Council of the City of Chubbuck, Bannock County, Idaho to nrnntc. nr to onHnnnn onToer T.7nt-nr mnA etroot imnrnN7nmertf c in Sol overlaid upon an existing surface) , curb and gutter on both sides of the pavement together with approximately 100 feet of valley gutters , approximately 1960 feet of sidewalk four feet wide running along all of the south side of the improved street and along that part of the north side excluding the portion abutted by land owned by Parrish Realty and Insurance, and an irrigation ditch crossing. SECTION III . The foregoing improvements represent additional improvements or enhancement of existing improve- ments in the project area. SECTION IV. The total estimated cost of the improve- ments in the project , including engineering, legal and administrative expenses, is $75 , 500. Of this amount the city' s portion, consisting of non-assessable street improve- ments falling within the Yellowstone Highway right-of-way, is estimated to be $500 , which sum shall be paid by the city from its water and/or general funds , as appropriate. The remaining cost, estimated to be $75 , 000, shall be levied and assessed against the lots and lands abutting, adjoining and adjacent to West Burnside Avenue, the Mayor and Council finding that such lots and lands are the properties bene- fited by the improvements in the project . SECTION V. A Local Improvement District, within the meaning of Title 50, Chapter 17 , Idaho Code , shall be formed for the purpose of making these improvements . SECTION VI. The boundaries of the Local Improvement District shall be as follows : A tract of land being in the S 1/2 , SE 1/4, NW 1/4, Section 10, T. 6 S . , R. 34 E . , B.M. , Bannock County, Idaho , and described to wit: Beginning at the NE corner of S 1/2, SE 1/4, NW 1/4, of Section 10, T. 6 S . , R. 34 E. , B.M. , thence westerly along said north line of the S 1/2 , SE 1/4, NW 1/4 to the west right-of-way line of Yellowstone Highway a distance of 36 feet more or less , said point being the True Point of Beginning; thence S 02°34 '48" W - 456 . 92 feet more or less to an Idaho State Highway right-of-way monument ; thence S 73°02 ' 07" W - 686 . 34 feet more or less to an Idaho State Highway right-of-way monument ; thence N 89°29 ' 42" W 600 . 22 feet more or less ; thence N 00°04'49" E - 663 . 11 feet more or less to the said north line of S 1/2 , SE 1/4, NW 1/4 of Section 10, T. 6 S. , R. 34 E. , B.M. ; thence S 89°28 ' 24" E - 1276 . 36 feet more or less to the True Point of Beginning. All said lands adjoining West Burnside Avenue in the City of Chubbuck, Idaho . The properties adjoining the district are described as set forth in Appendix "A" attached hereto and incorporated herein. SECTION VII. The cost levied and assessed against the hanafitart nrnnartiac chall ha annnrtinnarl arrnrrlina to front • SECTION VIII. Protests against the foregoing improve- ments or the creation of the proposed Local Improvement District shall be made in writing and filed in the office of the Chubbuck City Clerk, City Hall, 5160 Yellowstone Avenue, Chubbuck, Idaho, on or before 5 : 00 p .m. , October 25 , 1977 ; and such protests shall be heard and considered by the City Council at a meeting of the City Council to be held at 8 : 00 p.m. the same day. THIS NOTICE DATED the 12th day of October, 1977 . CITY OF CHUBBUCK: 4,7 By: d ` " 411),=-27 • John 0. Cotant , Ji'. Mayor