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06/12/2001 Resolutions 2001-148 I I I RESOLUTION 2001-148 WHEREAS, on December 16,1985, by Ordinance No. 7217, the City of Grand Island created Sanitary Sewer District No. 460; and WHEREAS, such district included land adjacent to the City, some of which was and continues to be, within an agricultural use zone and is used exclusively for agricultural use; and WHEREAS, on May 9, 1988, by Ordinance No. 7447, the City of Grand Island assessed and levied a special tax for the construction of Sanitary Sewer District No. 460 against the tracts ofland benefiting from such sanitary sewer service; and WHEREAS, on February 16, 1987, the City of Grand Island authorized the deferral of special assessments for a tract of land owned by James and Janet Ross which is located within the boundaries of Sanitary Sewer District No. 460 due to the land being used exclusively for agricultural purposes; and WHEREAS, on March 27, 2001, Calvary Assembly of God, a nonprofit corporation, purchased a 16.067 acre tract of land from James and Janet Ross which is located within the boundaries of Sanitary Sewer District No. 460, and for which a deferral had been granted on the special assessments against the property; and WHEREAS, such real estate, now owned by Calvary Assembly of God, continues to be used exclusively for agricultural uses; and WHEREAS, Calvary Assembly of God has requested that such deferral from special assessments be continued as long as the property is used exclusively for agricultural purposes as provided by law. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that: 1. The special assessments to be levied under Sanitary Sewer District No. 460 upon the tract of land described in Exhibit "A" attached hereto be deferred until terminated in accordance with Neb. Rev. Stat. S 19-2430. 2. That during said deferral, no principal payments shall become due and no interest shall accrue upon the assessment. 3. That the special assessment shall be divisible upon a front foot basis in the event a portion of the land shall no longer be eligible for deferral. Approved as to Form T ~ June 8, 2001 ... City Attorney I I I 4. That upon termination of deferral, the principal amount of the special assessment shall amortized over a term often years from that date. The first such installment shall become delinquent in fifty days after termination of deferral. Each installment except the first shall draw interest at seven percent (7%) per annum from and after the date of termination of deferral until the same shall become delinquent. Delinquent installments shall draw interest at fourteen percent (14%) per annum. Adopted by the City Council ofthe City of Grand Island, Nebraska on June 12, 2001. Qo-.\\LV-. ~\1G ~,.::&J~ RaNae Edwards, City Clerk Approved as to Form T c,.::; June 8, 2001 ... City Attorney Exhibit "A" I Description of Land to be Deferred from S?e~ial Assessment In Accordance with Sanitary Sewer DIstnct No. 460 I A tract of land comprising a part of the West Half of the Northeast Quarter (wl/2 NE~/4) of section Two (2), Township Eleven (~1) North, Range Ten (10) West of the 6th P.M., in the City of Grand 'Island, Hall County, Nebraska, more particularly described as follows: Beginning at the northwest corner of Lot Thirteen (~3), Ross Heights Second Subdivision,;: said point also being on the west line of said West Half of the Northeast Quarter (W~/2 NE~/4) and the east right of way line of Inde- pendence Avenue; thence running northerly along the west line of said West Half of the Northeast Quarter (Wl/2 NEl/4) and the east right of way line of Independence Avenue, a distance of One Thousand Nineteen and Eighty Six Hundredths (1019.86) feet, to a point on the southerly right of way line of Highway No.2; thence deflecting right ~07o~O'2S" and running south- easterly along the southerly right of way line of Highway No. 2, a distance of Eight Hundred Eleven and Sixty Five Hun- dredths (811.65) feet, to a point on ~he west line of Ross- Theasmeyer Subdivision; thence deflecting right 72056'48" and running southerly along the west line of Ross-Theasmeyer Subdivision, a distance of Seven Hundred. Eighty Three and Sixty Nine Hundredths (783.69) feet, to the northeast corner of Lot Eight (8), Ross Heights Second Subdivision, thence deflecting. right 90039' 20" and running westerly along the north line of Lot Eight (8), Ross Heights Second SUbdivision and its proj ection, a distance of Two Hundred Eight and Ninety Four Hundredths (208.94) feet, to a point on the west right of way line of Colorado Avenue, thence deflecting left 9104~'22" and running southerly along the west right of way line of Colorado Avenue, a distance of Seven (7) feet, to the north- east corner of Lot Nine (9), Ross Heights Second Subdivision; thence deflecting right 91041'22" and running westerly along the north line of Lots Nine (9), Ten (10), Eleven (11), Twelve (12) and Thirteen (13), Ross Heights Second Subdivision, a distance of Five Hundred Sixty Five and Seven Hundredths (565.07) feet, to the point of beginning. I