02/08/2005 Ordinances 8952
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* This Space Reserved for Register of Deeds *
ORDINANCE NO. 8952
An ordinance to assess and levy a special tax to pay the cost of construction of
Street Improvement District No. 1253 of the City of Grand Island, Nebraska; to provide for the
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collection of such special tax; to repeal any provision of the Grand Island City Code, ordinances,
and 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 specially benefited, for the purpose of paying the cost of construction of said
Street Improvement District No. 1253 located in Island Circle, west of Webb Road in the city of
Grand Island, Nebraska, 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
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construction is hereby levied at one time upon such lots, tracts and land as follows:
Approved as to Form tl
February 3, 2005
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200501132
ORDINANCE NO. 8952 (Cont.)
Name Description
Lacy Construction Co., a/kJa Lacy Lot 1, Lacy Subdivision
Building and Supply Co.
Assessment
22,358.87
Lacy Construction Co., alkla Lacy
Building and Supply Co.
Lacy Construction Co., alkla Lacy
Building and Supply Co.
B. E. Burhoop
North 200 feet of Lot 3, Lacy Subdivision
35,128.72
Lot 4, Lacy Subdivision
26,611.01
Part of the Nl/2 of the NEl/4 of Section 24-11-10, more
particularly described as follows: Beginning at a point
where the west line of Webb Road intersects the north
line ofIsland Circle; thence west 225 feet; thence north
82.5 feet; thence east 225 feet; thence south 82.5 feet to
the point of beginning. 82.5 feet north and south; 225
feet east and west.
13,714.59
Ellen Irene Bishop, Trustee
Part of the SEl/4 of the NEl/4 of Section 24-11-10,
more particularly described as follows: Beginning at a
point where the west line of Webb Road intersects the
south line ofIsland Circle; thence south 99.5 feet;
thence west 100.13 feet; thence north 99.5 feet; thence
east 100.13 feet to the point of beginning. 100.13 feet
east and west; 99.5 feet north and south.
6,792.00
TOTAL
$104,605.19
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.
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200501132
ORDINANCE NO. 8952 (Cont.)
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. 1253.
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.
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: February 8, 2005.
Attest:
QS\O-L S()~
RaNae Edwards, City Clerk
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