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Home My WebLink About1029 - Levying Spec. Assessments Briarcliff Hills East BILL NO. 2010-053 ORDINANCE NO. /Da.q AN ORDINANCE LEVYING THE SPECIAL ASSESSMENTS AND ANNUAL INSTALLMENTS FOR THE BRIARCLIFF HILLS — EAST OF VALLEY NEIGHBORHOOD IMPROVEMENT DISTRICT AND AUTHORIZING THE PREPARATION AND SUBMISSION OF THE ANNUAL INSTALLMENT ROLLS ASSOCIATED THEREWITH. WHEREAS, the City, after filing of a proper petition (the "Petition") with the City Clerk on June 25, 2009, pursuant to the Neighborhood Improvement District Act (the "AcY'), Sections 67.453 through 67.475, inclusive, RSMo, as amended, and in compliance with all requirements of the Act, created the East of Valley Neighborhood Improvement District (the "DistricY') within the City to acquire, construct and improve certain public street, sidewalk, sanitary and storm improvements and the management and supervision of construction of such improvements (the "Improvements"), with the final cost of the Improvements to be assessed against the benefited property as set forth in the Petition; and WHEREAS, the City has (i) found and determined that the Improvements have been completed, (ii) established the final costs to be assessed against the benefited properties within the District; (iii) found that benefits of the Improvements exceeded such costs; and (iv) made such other findings as were required under the Act; and WHEREAS, the City, pursuant to Ordinance 2010-020 adopted March 2, 201 D, found the Improvements were completed in accordance with the plans and specifications therefore and assessed the final costs as special assessments against the benefitted properties within the District (the "Special Assessments"); WHEREAS, the City provided to the property owners within the District notice (i) of the Special Assessments, (ii) that the Special Assessments could be paid in full until March 24, 2010, and (iii) that any Special Assessment not paid in full by such date would be payable in substantially equal installments over twenty years at five percent (5%) interest per annum together with any annual fees thereon in the same manner as taxes of the County are collected ("Annuai InstallmenY'); WHEREAS, no property owner paid their Special Assessment in full prior to March 24, 2010; and WHEREAS, Section 67.463(4) allows for the certification of all of the installments, together with the interest to accrue thereon to be certified by the City clerk to the county in one instrument at the same time, which certification shall be good for all of the installments and payable as special assessments; and WHEREAS, the City desires to certify all of the installments set forth in Exhibit A attached hereto and made a part hereof by reference and authorize the city officers to take all further actions required in connection therewith; NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: SECTION 1— SPECIAL ASSESSMENT OF ANNUAL INSTALLMENTS FOR BRIARCLIFF HILLS — EAST OF VALLEY. The Board of Aldermen hereby confirm the levy of the Special Assessments for the Briarcliff Hills — East of Valley Neighborhood Improvement District and hereby approves and levies the annual instaliments of the Special Assessments, together with interest at the rate of five percent (5%) per annum against the properties within the BILL NO. 2010-053 ORDINANCE NO. District as set forth on the 5pecial Assessment Annual Installment Roll set forth in Exhibit A ("Roll") attached hereto and made a part hereof by reference. SECTION 2— DUTY OF FINANCE OFFICER. The Finance Officer is hereby authorized and directed to file, at the same time as ad valorem taxes are levied and billed, during the Installment Period, levy and bill or cause to be billed all of the assessments, together with interest thereon in accordance with the installment schedule set forth in the Annual Instaliment Roll attached as Exhibit A; and such amounts so certified shall be placed on the tax rolls and levied and collected at the same time and in the same manner as property taxes of the City are levied collected, the assessment and levy for each year being a portion of the principal amount of the total assessments plus one years' interest on the unpaid assessments. SECTION 3— LIEN ON PROPERTY. The special assessments made for the District Improvements pursuant to the actions duly taken by the City, including this Ordinance, shall be a lien upon each of the properties assessed on behalf of the City to the same extent as a tax upon real property. SECTION 4— AUTHORIZATION OF OTHER OFFICERS. The City shall, and the officers and agents of the City are hereby authorized and directed to, take such further action, and execute such other documents, certificates and instruments as may be necessary or desirable to carry out and comply with the intent of this Ordinance. SECTION 5— SEVERABILITY CLAUSE. The provisions of this ordinance are severable and if any provision hereof is declared invalid, unconstitutional or unenforceable, such determination shall not affect the validity of the remainder of this ordinance. SECTION 6- EFFECTIVE DATE. That this Ordinance shall be in full force and effect from and after its passage and approval. BE IT REMEMBERED that the above was read two times by heading only, PASSED AND APPROVED by a majority the Board of ermen and APPROVED by the Mayor of the City of Riverside, Missouri, this day of , 2010. I � ��' I Mayor Kathleen L. Rose ATTEST: ,�, , C��" ' Robin Littrell, City Clerk i Approved as to form: I --- `d ; � homp n, City Attorney /ERSfDE, MISSOURI AL ASSESSM�NT ANNUAL INSTALLMENT ROf.L = HILLS - EAST OF VALLEY NEIGHBORHOOD IMPROVEMENT DISTRICT 2010 Special 2011 Special 2012 Special 2013 Special 2014 Speciaf 2015 Special 2016 Special 2017 Special 2018 Special � Parcel Assessment Assessment Assessment Assessment Assessment Assessment Assessment Assessment Assessment Annual Annual Annual Annual Annual Annual Annual Annual Annual Installment Installment Instalfinent Installment Instaliment Instalfinent Installment Installment Installment 0-002-004-000 $3,606.90 $3,606.90 $3,606.9Q $3,606.90 $3,606.90 $3,606.90 $3,606.90 $3,608.90 $3,606.90 Q-002-006-000 $2,078.28 $2,078.28 $2,078.28 $2,078.28 $2,078.28 $2,078.28 $2,078.28 $2,078.28 $2,078.28 0-001-001-000 $1,969.33 $1,969.33 $1,969.33 $1,969.33 $1,969.33 $1,969.33 $1,969.33 $1,969.33 $1,969.33 0-001-002-000 $1,825.01 $1,825.01 $1,825.09 $1,825.01 $1,825.01 $1,825.01 $1,825.01 $1,825.01 $1,825.01 0-001-003-000 $1,619.09 $1,619.09 $1,699.09 $1,619.09 �1,699.09 $1,619.09 $1,619.09 $1,6'19.09 $1,619.fl9 fl-002-001-000 $1,497.57 $1,497.57 $1,497.57 $9,497.57 $1,497.57 $9,497.57 $1,497.57 $1,497.57 $1,497.57 0-002-002-000 $1,886.45 $1,886.45 $1,886.45 $4,886.45 $1,88fi.45 $1,886.45 $1,888.�35 $1,886.45 $1,886.45 0-002-003-000 $1,604.75 $1,604.75 $1,604.75 $1,604.75 $1,604.75 $1,604.75 $1,604.75 $1,604.75 $1,604.75 0-002-005-000 $2,406.40 $2,406.40 $2,4Q6.40 $2,406.40 $2,4fl6.4D $2,406.40 $2,406.40 $2,406.4d $2,406.4Q Q-002-OD7-000 $1,566,85 $1,566.85 $4,566.85 $9,566.85 $1,566.85 $1,566.85 $1,566.85 $3,566.85 $1,566.85 $20,060.63 $20,060.63 $20,060.63 $20,060.63 $20,060.63 $20,060.63 $2Q,060.63 $20,060.63 $2D,060.63 . , .. . . .. . � .c. . - . . � � �. . � � . . . . . . . . . � . " o 'ERSIDE, MISSO� 4L ASSESSMEN" � NILLS - EAST C 2020 Special 2024 Speciat 2022 Special 2023 Special 2024 Special 2025 Specfal 2026 Special 2027 Special 2028 Specia! ; Parcel Assessment Assessment Assessment Assessmeot Assessment Assessment Assessment Assessment Assessment Annual Annual Annual Annual Annual Annual Annual Annual Annual Installment Installment Installment installment Instaliment Instailment Installment Instailment Instalfinent J-002-004-000 $3,606.90 $3,606.90 $3,606.90 $3,606.90 $3,606.90 $3,606.90 $3,606.90 $3,606.90 $3,606.90 �-002-006-000 $2,078.28 $2,078.28 $2,078.28 $2,078.28 $2,078.28 $2,078.28 $2,07828 $2,078.28 $2,078.28 �001-001-000 $1,969.33 $1,969.33 �1,959.33 $1,969.33 $1,969.33 $1,969.33 $1,969.33 $1,969.33 $1,969.33 )-001-002-000 $1,825.04 $4,825.01 $1,825.01 $1,825.01 $1,825.01 $1,825.01 $1,825.01 $1,825.01 $1,825.01 )-Q09-003-000 $1,619.09 $1,619.09 $1,619.09 $1,619.09 $1,619.09 $1,619.09 $1,619.09 $1,619.09 $1,619.09 )-002-001-000 $1,497.57 $1,497.57 $9,497.57 $1,497.57 $'i,497.57 $1,497.57 $1,497.57 $1,497.57 $1,497.57 )-002-002-000 $1,886.45 $1,886.45 $1,886.45 $1,886.45 $1,886.45 $1,886.45 $1,886.45 $1,886.45 $1,886.45 )-002-003-000 $1,604.75 $1,604.75 $1,604.75 $1,604.75 $1,604.75 $1,604.75 $1,604.75 $1,604.75 $1,604.75 )-002-005-000 $2,406.40 $2,406.40 $2,406.40 $2,406.40 $2,406.40 $2,406.40 $2,406.40 $2,4d6.40 $2,406.40 )-002-007-000 $1,566.85 $1,566.85 $1,566.85 $1,566.85 $1,566.85 $1,566.85 $1,566.85 $1,566.85 $1,566.85 $20,060.63 $20,060.63 $20,060.63 $20,060.63 $20,060.63 $20,060.63 $2d,060.63 $20,060.63 $20,060.63