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CITY OF HUDSON: Resolution 8-14- Street Assessments

Monday, June 23, 2014 - 11:20pm

CITY OF HUDSON, WISCONSIN
RESOLUTION NO. 8-14
FINAL RESOLUTION AUTHORIZING 2014 STREET
IMPROVEMENT PROJECT SPECIAL ASSESSMENTS
WHEREAS, the Common Council of the City of Hudson, Wisconsin held a duly noticed public hearing at the City Hall at 6:45 p.m. on the 16th day of June 2014, for the purpose of hearing all interested persons concerning the Preliminary Resolution and the report on the proposed driveway apron, curb and gutter, and sidewalk replacements within the 2014 Street Improvement Project,; and
WHEREAS, the Common Council heard all persons who desired to speak concerning this project at the Public Hearing;
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Hudson as follows:
1. The report of the Public Works Department pertaining to the 2014 Street Improvement Project is hereby adopted and approved;
2. That the City shall advertise for bids and carry out the improvements in accordance with the report, and the plans and specifications therein;
3. That the payment for said improvements shall be made by assessments against the property benefited, as indicated in the report;
4. That the properties shown on the report\'s Assessment Roll are benefited by the improvements described in the report;
5. That all of the assessments shown in the report, representing an exercise of the City\'s police power, have been determined on a reasonable basis and are hereby confirmed;
6. Assessments of $500 or less shall be due within 45 days of billing date. Assessments greater than $500 may be paid in cash or installments according to the following schedule. Installments shall be placed on the next tax roll after the due date for collection and shall bear interest at the rate of two percent (2%) above the costs of City-borrowed funds:
7. That the assessments may be paid in cash by November 15, 2014, or in installments according to the following schedule, with deferred payments to bear interest at the rate of two percent (2%) above the costs of City-borrowed funds:
$500 or less. . . . . . . . . . . . 1 year
$501 to $1,000. . . . . . . . . . 2 years
$1,001 TO $2,500 . . . . . . 3 years
$2,501 TO $5,000 . . . . . . 5 years
$5,001 or greater . . . . . . . 10 years
8. The City Clerk shall publish this Resolution as a Class I Notice in the assessment district and shall mail a copy of this Resolution and a statement of the final assessment against the benefited 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 at Hudson, Wisconsin this 16th day of June 2014.
APPROVED: /s/ Alan D. Burchill, Mayor
ATTEST: /s/ Nancy J. Korson, City Clerk
__________________________________ (Pub. 06/26/14) WNAXLP