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HomeMy Public PortalAboutResolution 13-94 Formation of Local Improvement District 5 • 1 RESOLUTION NO. 13-94 A RESOLUTION OF THE CITY OF McCALL, IDAHO, INITIATING THE FORMATION OF LOCAL IMPROVEMENT DISTRICT NO. 5; DESCRIBING THE IMPROVEMENTS TO BE CONSTRUCTED, THE PROPOSED BOUNDARIES, AND THE PROPERTY TO BE ASSESSED, IN THE PROPOSED IMPROVEMENT DISTRICT; AND PROVIDING FOR OTHER RELATED MATTERS WHEREAS, the City of McCall, Valley County, Idaho (the "City") , is a municipal corporation organized and operating under the laws of the State of Idaho and is authorized to create local improvement districts for public improvements pursuant to Title 50, Chapter 17, Idaho Code; and WHEREAS, the City Council (the "Council" ) of the City has determined to initiate the formation of a local improvement district for the purposes described hereinbelow. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF McCALL, IDAHO, as follows : Section 1 : Pursuant to Idaho Code Section 50-1706, the formation of a local improvement district, to be known and r designated as City of McCall Local Improvement District No. 5 ("L. I .D. No. 5") is hereby initiated. Section 2 : The proposed improvements to be constructed within L. I .D. No. 5 consist generally of the installation of domestic water service improvements, including water mains, valves, hydrants, and connections, and sanitary sewer service improvements, including sewer mains, pressure lines, connections, and lift station, together with related improvements and costs of engineering, legal services, publication, interest on borrowed funds during construction, bond issuance costs and reserves, and other related expenses (the "Improvements") . Section 3 : A general description of the boundaries of L. I .D. No. 5 and of the properties proposed to be assessed for the cost of the Improvements is annexed hereto as Exhibit "A" and by this reference incorporated herein. Section 4 : The assessable portion of the costs and expenses of the Improvements shall be assessed against the tracts, lots, and lands benefited by the Improvements according to combination of the front-foot and square-foot methods of assessment, as provided by Section 50-1707, Idaho Code. Page 1 Section 5 : This resolution shall take effect and be in force immediately upon its passage and approval . DATED this day of June, 1994 . CITY OF McCALL Valley County, Idaho By 4. 0/(61, Mayor ATTEST: g‘ iL- City/ Jerk Page 2 City of McCall ID :2086343038 MAY 26 '94 10 :01 No .001 P .03 h1N'i• :a-1 :� 15::f2 FF(.i C4:11- •thll CIE i_li Et , TO �al:+`.•1':a� • • EXHIBIT A DESCRIPTION OF HIGHWAY 55 Lill BOUNDARY A portion of the SW 1/4 SE 1/4 of Section 16, T. 18N., R.3L•, B.M., City of McCall, Valley County, Idaho, being described as follows: BEGINNING at the point of intersection of the easterly rig11:•of way line of State Highway No. 55 with the southerly sideline of Jacobs Street; thence, 1) S.89°37'41" E., 342.80 feet along the southerly sideline of Jacobs Street, being along • the northerly lines of Gabel and Payette Lakes Water and Sewer to the northwesterly corner of said Payette Lakes Water and Sewer; thence 2) S.17°50'30" E.. 342.80 feet along the easterly tine of lands of Payette Lakes Water and Sewer, Acheson, Swain and Jones: thence, 3) S.15927'56" 13., 594.91 feet along the easterly lino of Spradling and the easterlyline of Spradling and Johnson to a point on the northerly sideline of Krahn Lane; thence 4) S.89`23'23" W., 344.04 feet along the southerly line of Spradling and Johnson, being the northerly line of said Krahn Lane to the point of intersection of same with the easterly right-of-way line of said State Highway No. 55; thence, 5) N.16°43'13" W., 1297.09 feet along said easterly right-of--way line, being along the westerly line of Spradling and Johnson, Spradling, Jones, Swain., Aches. . • .unfree and Gabel to the POINT OF BEGINNING. ��`0$NI. LANDs� Said LID boundary encompassing 9.97 acres, more or less. : 0111 .e7 : , i /'� 'Y I Jv,No �� •�~r 1 • PiU: FiA99Q16‘«pltleelg ry'SS.dr.o