05/11/2004 Resolutions 2004-112
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RES 0 L UTI 0 N 2004-112
WHEREAS, on March 23, 2004, by Ordinance No. 8892, the City of Grand Island
created Sanitary Sewer District No. 513; and
WHEREAS, such district includes land which is and continues to be, within an
agricultural use zone and is used exclusively for agricultural use; and
WHEREAS, Steven F. and Connie Asche own property in such district; and
WHEREAS, Steven and Connie Asche have requested an agricultural deferment on
the assessment for Sanitary Sewer District No. 513 due to the land being used exclusively for
agricultural purposes; and
WHEREAS, a Notice of Filing Application for Deferral from Special Assessments
was filed with the Hall County Register of Deeds on May 3,2004 as Instrument No. 0200404294
pertaining to property owned by Steven and Connie Asche which is located within Sanitary Sewer
District No. 513.
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 against Steven and Connie Asche under Sanitary
Sewer District No. 513 shall 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 pro rata basis of the original
assessment in the event a portion of the land shall no longer be eligible for deferral.
4. That upon termination of deferral, the principal amount of the special assessment
shall be 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 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, May 11, 2004.
D~~_ <(~
RaNae Edwards, City Clerk
Approved as to Form J:l
May 6, 2004 J:l