Sponsor
Alderman Weidner
Title
Resolution 11-2622, of June 21, 2011 being a final resolution to street improvements.
Resolved, that, as amended, Resolution 11-2622, of June 21, 2011 be adopted.
PORTLAND CEMENT CONCRETE PAVING
Railroad Street - Prospect St. to Hamilton St.
SANITARY & WATER LATERALS
Railroad Street - Prospect St. to Hamilton St.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Racine as follows:
1. That the report of the Commissioner of Public Works pertaining to the construction of the above described public improvements, including plans and specifications therefore, as modified, is hereby adopted and approved.
2. That the Commissioner of Public Works is directed to advertise for bids and to carry out the work of such improvement in accordance with the report of the Commissioner of Public Works.
3. That payment for said improvements be made by assessing the cost to the property benefited as indicated in said report.
4. That benefits and damages shown on the report, as modified, are true and correct, have been determined on a reasonable basis; do not exceed the value accruing to the property therefrom; and are hereby confirmed.
5. That the assessments for all projects included in said report are hereby combined as a single assessment, but any interested property owner shall be entitled to object to each assessment separately or both assessments jointly for any purpose or purposes.
6. That the assessments may be paid in cash or if any assessments are over $200.00 it may be paid in ten (10) annual installments to the City Treasurer, deferred payments to bear interest at the rate of 8% per annum on the unpaid balance. Installments or assessments not paid when due shall bear additional interest on the amount due at the rate of 9.6% per annum.
7. The City Clerk is directed to publish this resolution in the official newspaper of the City of Racine as a Class I notice in the assessment district.
8. The Clerk is further directed to mail a copy of this resolution and a statement of the final assessment against his property, to every property owner whose name appears on the assessment roll, whose post office address is known or can with reasonable diligence be ascertained.
Dated___________________________ Signed____________________________
Mayor
Published_______________________
Attest__________________________
City Clerk
Fiscal Note: Funds will be appropriated in the 2012 C.I.P. for these street improvements, and special assessments will be paid by the abutting property owners for the street improvements.