04/22/2003 Resolutions 2003-116
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RES 0 L UTI 0 N 2003-116
WHEREAS, on March 27,2001, by Ordinance No. 8667, the City of Grand Island
created Sanitary Sewer District No. 499; and
WHEREAS, on March 27,2001, by Ordinance No. 8666, the City of Grand Island
created Street hnprovement District No. 1239; and
WHEREAS, on March 27,2001, by Ordinance No. 8663, the City of Grand Island
created Water Main District No. 437; and
WHEREAS, such districts include 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, Judith K. Poland and Robert K. Poland, wife and husband, own property
within Sanitary Sewer District No. 499, Water Main District No. 437, and Street hnprovement
District No. 1239 and have requested agricultural deferral of special assessments for such districts
due to the land being used exclusively for agricultural purposes.
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. 499,
Street hnprovement District No. 1239, and Water Main District No. 437 upon Lot One (1),
Platte Valley Industrial Park Third Subdivision in the City of Grand Island, Hall County,
Nebraska, shall be deferred until terminated in accordance with Neb. Rev. Stat. S19-2430.
2. That during said deferral, no principal payments shall become due and no
interest shall accrue upon the assessments.
3. That the special assessments shall be divisible upon a pro rata basis of the
original assessment in the event a portion ofthe land shall no longer be eligible for deferral.
4. That upon termination of deferral, the principal amount of the special
assessments shall be amortized over a term of ten 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 oftermination of deferral until the same shall become delinquent. Delinquent
installments shall draw interest at fourteen percent (14%) per annum.
Adopted by the City Council of the City of Grand Island, Nebraska, April 22, 2003.
QJ\o.L- criLLVoNh
RaNae Edwards, City Clerk
Approved as to Form 1:I
April 17. 2003