HomeMy WebLinkAboutResolution 01-15 03/19/2001
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RESOLUTION No. 01- 15
Intention to Improve
WHEREAS, the Springfield City Council has the authority to initiate the
construction of public improvements in the City of Springfield pursuant to the provisions of
Sections 2.1.2 through 2.2.9 of the Springfield Municipal Code, and
WHEREAS, the Council has deemed that the construction of Water
Street Improvements, F-G and M-N Streets. and Vicinity (Project No. P20100 ), will be of
future benefit and fulfills the public need for a complete, integrated, fully improved public
improvements system in the City of Springfield, and a necessary, convenient, and publicly
beneficial addition to such system in the City, and will also provide a particular and specific
benefit to certain properties in that said improvements will directly serve, broaden the use of,
and increase the value of such properties.
NOW THEREFORE BE IT RESOLVED, that the Common Council of
the City of Springfield hereby declares its intention to initiate the construction of Water Street
Improvements, F-G and M-N Streets, and Vicinity (Project No. P20100), and to assess all
property to be benefitted by said construction of this improvement.
BE IT FURTHER RESOLVED that this Resolution is a declaration of
intent under United States Treasury Regulation Section 1.103-18.
BE IT FURTHER RESOLVED that the City of Springfield reasonably
expects to reimburse the expenditures incurred to construct the aforementioned improvement
with the proceeds of a future debt issue to be incurred by the City. The maximum amount of
debt expected to be issued for the purpose of reimbursing expenditures for this project is
$150,000 .
BE IT FURTHER RESOLVED that the City Engineer of the City of
Springfield is hereby directed to prepare and submit to the City Council a report to include the
plans, specifications, estimated total cost and assessments of the above named public
improvement.
BE IT FURTHER RESOLVED that the City Recorder of the City of
Springfield is hereby directed to cause the posting and publication of the notice of public
hearing to be made as required by law.
Adopted by the Common Council and approved by the Mayor of the
City of Springfield, Oregon this19 tb. day of Ma rc h ,2001.
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Mayor.,..
Counctlor T~ro~lyn fttc~,
Pre~t~tng Qfftc~r .
ATTEST:
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City Recorder
REVIEWED & APPROVED
P'J? TO FOR~ \ .
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DATE:~L5-12~ \
OFFICE OF CITY ATTORNEY