Ordinance No.            16306              Council Bill No.            B 451-99           

accepting the work on the Conley Road improvement project; approving the report of the Director of Public Works; levying and assessing special assessments; appropriating funds; and fixing the time when this ordinance shall become effective.

    WHEREAS, the construction of the Conley Road improvement project was authorized by Ordinance No. 015808, passed on November 16, 1998; and

    WHEREAS, this public improvement has been completed by APAC-Missouri, Inc. by a contract confirmed by Ordinance No. 015863 passed on January 4, 1999; and

    WHEREAS, the Council has received the final report of the Director of Public Works in connection with this street construction, has held a public hearing prior to the commencement of the construction and has held a second public hearing regarding the levy and amount of special assessments in connection with the street construction project; and

    WHEREAS, the Council has given due consideration to the comments of interested parties, the special benefits to the abutting properties, detriment, if any, to the abutting properties, the effect of the street construction on the present use of the property and general benefits to the general public in making the determinations set forth herein; and

    WHEREAS, it is the determination of the Council that the properties  fronting and abutting the street have realized one or more of the following special benefits as a result of the construction including, but not limited to: increased property values, saleability of the properties, increased potential for future use, improved storm water drainage, improved access and parking; and

    WHEREAS, it is the determination of the Council that the value of the special benefits to those properties fronting and abutting on the street is equal to, or greater than, the sum of $ 82.61 per abutting front foot.

    NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBIA, MISSOURI, AS FOLLOWS:

    SECTION 1.  The construction of the Conley Road improvement project is hereby accepted and approved.

    SECTION 2.  The report of the Director of Public Works, who was charged with the responsibility of personally inspecting the work as it progressed to see that the same was done in accordance with the estimate, plans, specifications and contract, the ordinance governing the same, and the Charter of the City is hereby approved and accepted.

    SECTION 3.  Special assessments are hereby levied at a rate of $82.61 per front foot against the lots and parcels of ground specially benefitted by this public improvement and fronting or abutting along the distance improved, in proportion to the number of fronting or abutting feet, the assessments being as follows:

    W.V. SMITH SUBDIVISION AS DESCRIBED BY A PLAT RECORDED IN PLAT BOOK 23 AT PAGE 55 OF THE BOONE COUNTY, MISSOURI RECORDS.

    Against Lot 1 (143.70 feet)

                            Special Assessment     $11,871.06

    

    Against Lot 2 (206.73 feet)        

                            Special Assessment    $17,077.97

    LAND IN LIMITS

    Against Tract 2 as described by a Warranty Deed recorded in Book 1073 at Page 728 of the Boone County, Missouri records (394.4 feet)

                            Special Assessment    $32,581.38

    SECTION 4.  The City Clerk is hereby authorized and directed to issue special tax bills immediately against the lots, tracts and parcels of ground as in this ordinance described above, which are hereby declared to have been specially benefitted in the amounts assessed against them.  The tax bills shall be signed by the City Clerk under the corporate seal of the City.  The City Clerk shall register the tax bills in the office of the Director of Finance for collection.  The special tax bills shall mature and shall be due and payable sixty days after date of issue.  After the expiration of sixty days, the tax bills shall bear interest at the rate of nine percent per annum on the unpaid balance until paid.

    SECTION 5.  The sum of $ 61,530.41 is hereby appropriated from the Special Assessment Tax Bills Revenue Account No. 440-0000-480.40-00 #C00022 to the Conley Road Project Account No. 440-8800-528.49-90 #C00022.

    SECTION 6.  This ordinance shall be in full force and effect from and after its passage.