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04/27/2004 Ordinances 8901 * This Space Reserved for Register of Deeds * ORDINANCE NO. 8901 An ordinance to assess and levy a special tax to pay the cost of construction of Water Main District No. 441 of the City of Grand Island, Nebraska; to provide for the collection I of such special tax; to repeal any ordinance or parts of ordinances in conflict herewith; and to provide for publication and the effective date of this 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 specifically benefited, for the purpose of paying the cost of construction of said water main in said Water Main District 441, as adjudged by the Mayor and Council of said City, to the extent of benefits 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 lands as follows: I Name Description Assessment Concord Development, LLC Lot 1, Crane Valley 6th Subdivision 5,367.86 Approved as to Form II April 22, 2004 I I I Concord Development, LLC Concord Development, LLC City of Grand Island, Nebraska (Substation "B") TOTAL ORDINANCE NO. 8901 (Cont.) Lot 2, Crane Valley 6th Subdivision Part of Lot One (1), Crane Valley 7m Subdivision, more particularly described as follows: Beginning at a southeast comer of Lot (1) Crane Valley 7th Subdivision in the City of Grand Island, Hall County, Nebraska, also being the southwest comer of Lot One (1), Crane Valley 6th Subdivision; thence N89041 '56"W along the northerly right- of-way line of Faidley Avenue, a distance of sixty and one hundredth (60.01) feet to the southeast comer of Lot Two (2) Crane Valley 6th Subdivision; thence NOoo34'22"W along the easterly line of said Lot Two (2) Crane Valley 6 Subdivision, a distance of two hundred seven (207.0) feet to the northeast comer of said Lot Two (2) Crane Valley 6th Subdivision; thence S8904l'46"E to the northwest comer of said Lot One (1) Crane Valley 6th Subdivision; thence SOoo34'22"E along the westerly line of said Lot One (1) Crane V alley 6th Subdivision, a distance of two hundred seven (207.0) feet to the said Point of Beginning Part of the Southeast Quarter (SEl/4) of Section 13-11-10, more particularly described as follows: Beginning at the northwest comer of the Northwest Quarter of the Southeast Quarter (NWl/4, SEl/4) of Section Thirteen (13), Township Eleven (11) North, Range Ten (10) West; thence southerly along the westerly line of the Southeast Quarter (SEl/4) said Section Thirteen (13), on an assumed bearing of SOooOO'OO"W, a distance of two hundred fifty (250.0) feet, to a northwest comer of Lot Nine (9) Richmond Subdivision; thence S89004'59"E, a distance of one hundred eighty-three and ninety-four hundredths (183.94) feet to a southeast comer of said Lot Nine (9) Richmond Subdivision; thence NOOoO 1'22"E, a distance of two hundred fifty and fifteen hundredths (250.15) feet, to a northwest comer of said Lot Nine (9) Richmond Subdivision, also being a point on the southerly right-of-way line of Faidley Avenue; thence westerly along the said southerly right-of-way line of Faidley A venue, a distance of one hundred eighty four (184.0) feet to the said Point of Beginning 6,748.24 3,472.38 3,557.30 $19,145.78 SECTION 2. The special tax shall become delinquent as follows: One-fifth of the total amount shall become delinquent in fifty days; one-fifth in one year; one-fifth in two years; one-fifth in three years; and one-fifth in four years, respectively after the date of such levy. - 2 - I I I ORDINANCE NO. 8901 (Cont.) SECTION 3. 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%) per annum from the time of such levy until they shall become delinquent. After the same become delinquent, interest at the rate of fourteen (14%) per annum shall be paid thereof, until the same is collected and paid. SECTION 4. 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 5. Such special assessments shall be paid into a fund to be designated as the "Water Fund 441 " . SECTION 6. Any ordinances or parts of ordinances in conflict herewith be, and hereby are, repealed. SECTION 7. 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: April 27, 2004. Attest: QS\M W\ j~J RaNae Edwards, City Clerk - 3 -