01/10/2006 Resolutions 2006-10
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RES 0 L UTI 0 N 2006-10
WHEREAS, on October 28,2003, by Ordinance No. 8862, the City of Grand Island
created Sanitary Sewer District No. 512; and
WHEREAS, such district includes land adjacent to the City, some of which is and
continues to be, within an agricultural use zone and is used exclusively for agricultural use; and
WHEREAS, on December 9,2003, by Resolution 2003-365, the City Council ofthe
City of Grand Island approved an agricultural deferment for property located in such district owned
by Gladys V. Schoel; and
WHEREAS, Mrs. Schoel passed away and such property was transferred to Jerome K.
Schoel on November 29,2005 according to a Deed of Distribution; and
WHEREAS, such property continues to be used exclusively for agricultural purposes;
and
WHEREAS, an Application for Deferral from Special Assessments was filed by
Jerome K. Schoel with the Hall County Register of Deeds on December 6,2005 as Instrument No.
0200511991 pertaining to such property.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that:
1. The special assessments levied against Gladys V. Schoel under Sanitary Sewer
District No. 512 are hereby transferred to Jerome K. Schoel, and shall be deferred
until terminated in accordance with Neb. Rev. Stat. 919-2430.
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 ofthe 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 of termination of deferral until the same shall become delinquent. Delinquent
installments shall draw interest at fourteen percent (14%) per annum.
Approved as to Form tt D A.. fA J
January 4, 2006 tt City AttoYney
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Adopted by the City Council of the City of Grand Island, Nebraska, January 10, 2006.
Attest:
R~(lQ tQ(~~ ~
RaNae Edwards, City Clerk
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Approved as to Form ?
January 4, 2006 > City Attorney