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07/09/2002 Resolutions 2002-196 I I I RES 0 L UTI 0 N 2002-196 WHEREAS, the Business Improvement Board for Business Improvement District No. 4 (hereinafter BID 4 Board) has recommended that the City of Grand Island create a business improvement district along South Locust Street with boundaries in the form hereinafter set forth; and WHEREAS, on June 19,2002, the Regional Planning Commission recommended approval of the creation of such business improvement district; and WHEREAS, the City Council has determined that a public hearing should be held on the proposed business improvement district. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that 1. The proposed boundaries of Business Improvement District No. 4 are described as follows: Beginning at the southeast comer of Section Twenty One (21), Township Eleven (11) North, Range Nine (9) West ofthe 6th P.M. in Grand Island, Hall County, Nebraska; thence west on the south line of Section 21-11-9 for a distance of One Hundred (100.0) feet; thence north on a line One Hundred (100.0) feet west of and parallel with the line common to Section 21-11-9 and Section 22-11-9 to the north line ofthe Southeast Quarter (SEl/4) of Section 21-11-9; thence east on the north line of the Southeast Quarter (SEl/4) of Section 21-11-9 and the north line of the Southwest Quarter (SW1/4) of Section 22-11-9 for a distance of Two Hundred (200.0) feet; thence south on a line One Hundred (100.0) feet east of and parallel to the line common to Section 21-11-9 and Section 22-11-9 to the south line of Section 22-11-9; thence west on the south line of Section 22-11-9 for a distance of One Hundred (100.0) feet to the point of beginning, as shown on the drawings dated May 28, 2002, attached hereto and incorporated herein by reference. 2. The proposed district shall be considered in public hearing before the City Council on July 23, 2002, at 7:00 p.m. in the Council Chambers at City Hall in Grand Island, Nebraska. 3. The proposed public facilities and improvements to be made and maintained within the proposed district shall include: maintenance and improvement of the landscaped greenway; maintenance, repair, improvement and replacement of the sprinkler system in the greenway; regular mowing and trimming of the greenway; all facets of the purchase, care and replacement oftrees, shrubs and grass and other decorative improvements; snow removal from the sidewalks parallel to S. Locust; employment of or contracting for personnel, purchase of equipment, materials, supplies or other expenses to accomplish the purposes of the district; other incidental or ongoing expenses as needed for the maintenance, improvement and beautification ofthe green belt area and to accomplish the goals and objectives of the Business Impr . - 1 - Approved as to Form 0 ~ July 5, 2002 0 City Attorney I I I 4. The estimated ten-year costs for Business Improvement District #4 improvements and facilities as stated in paragraph 3 above is $275,000. The proposed method by which the revenue shall be raised is by special assessment. 5. The proposed special assessment method by which the revenue shall be raised shall be fair and equitable and shall be based upon the special benefit to the property within the district. 6. A copy of this resolution of intention shall be published one time in the Grand Island Independent, and a copy shall be mailed to each owner of taxable property as shown by the latest tax rolls of the Hall County Treasurer. Adopted by the City Council of the City of Grand Island, Nebraska on July 9,2002. QS\~ <(Q~ RaNae Edwards, City Clerk - 2 - Approved as to Form 0 ~ July 5, 2002 0 City Attorney