03/13/2001 Ordinances 8662
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* This Space Reserved for Register of Deeds *
ORDINANCE NO. 8662
An ordinance to assess and levy a special tax to pay the cost of construction of
Street Improvement District No. 1233 of the City of Grand Island, Nebraska; to provide for the
collection of such special tax; to repeal any provision of the Grand Island City Code, ordinances,
I and parts of ordinances in conflict herewith; and to provide for publication and the eHective date
ofthis ordinance.
BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF
GRAND ISLAND, NEBRASKA:
SECTION 1. There is hereby assessed upon the following described lots, tracts
and parcels of land specially benefited, for the purpose of paying the cost of construction of said
Street Improvement District No. 1233, as adjudged by the Council of said City, sitting as a Board
of Equalization, to the extent of benefits accruing thereto by reason of such improvement, after
due notice having been given thereof as provided by law; and a special tax for such cost of
construction is hereby levied at one time upon such lots, tracts and land as follows:
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Approved as to Form .,
March 8, 2001 ... Y -i.:::ey
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ORDINANCE NO. 8662 (Cont.)
Name
Milan E. Timm
Description
Lot l, Timm's Subdivision
Part of NW 1/4 of Section 5-10-9;
A tract of land 500' north and south, and 300' east and west
lying immediately north of Timm's Subdivision, and
immediately east of and adjacent to the east ROW line of
Juergen Road
Assessment
GIAET, L.L.c.
$67,771.45
$64,602.07
TOTAL
$132,373.52
SECTION 2. The special tax shall become delinquent as follows: One-tenth of
the total amount shall become delinquent in fifty days; one-tenth in one year; one-tenth in two
years; one-tenth in three years; one-tenth in four years, one-tenth in five years; one-tenth in six
years; one-tenth in seven years; one-tenth in eight years; and one-tenth in nine years respectively,
after the date of such levy; provided, however, the entire amount so assessed and levied against
any lot, tract or parcel of land may be paid within fifty days from the date of this levy without
interest, and the lien of special tax thereby satisfied and released. Each of said installments,
except the first, shall draw interest at the rate of seven percent (7.0%) per annum from the time
of such levy until they shall become delinquent. After the same become delinquent, interest at
the rate of fourteen percent (14.0%) per annum shall be paid thereon, until the same is collected
and paid.
SECTION 3. The treasurer of the City of Grand Island, Nebraska, is hereby
directed to collect the amount of said taxes herein set forth as provided by law.
SECTION 4. Such special assessments shall be paid into a fund to be designated
as the "Paving District Assessment Fund" for Street Improvement District No. 1233.
SECTION 5. Any provision of the Grand Island City Code, and any provision of
any ordinance, or part of ordinance, in conflict herewith is hereby repealed.
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Approved as to Form . ~
March 8, 2001 ... City Attorney
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ORDINANCE NO. 8662 (Cont.)
SECTION 6. This ordinance shall be in force and take effect from and after its
passage and publication, within fifteen days in one issue of the Grand Island Independent as
provided by law.
Enacted: March 13,2001.
Ken
Attest:
Q~ <ruw~
RaNae Edwards, City Clerk
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Approved as to Form T ~
March 8, 2001 ... City Attorney