HomeMy WebLinkAboutResolution 96-42 10/21/1996
.
.
.eputy
.RESOLUTION
NO. 96-42
Intention to Improve
WHEREAS, the Springfield City Council has authority to initiate the
construction of public improvements in the Ci~y of Springfield p~rsuant to the
provisions of Sections 2.1.2 through 2.2.9 of the Springfield City Code, and
WHEREAS, the Council has deemed that th~constructionof Street
Improvements along Walnut Road from Aspen to Po1tava Streets, and Vicinity
(Project 1-958) ,:wi11 be of future benefit and fulfills the public need for ~
complete, integrated, fully improved public impr,ovements system~n 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 Ci~ of
Springfield hereby declares its intention to initiate the construction of
Street Improvements along Walnut Road from Aspen to Po1tava'Streets, and,
Vicinity (projeqt 1-958), ~nd to assess all property to be benef~ted by said
construction of this imp~ovement.
'BE IT FURTHER, RESOLVED that this Resolution is a declaration of intent
,under United States ~reasury Regulation Section1.103-1B.
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 .maximumamount of debt expected to be issued for,the purpose of
reimbursing expenditures for this project is ,$320,000.00. '
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 imp~ovement.
BE IT FURTHER RESOLVED that the. City Recorder of the City ~f Springfi'e1d
is hereby directed to cause the posting and publication of the notice of
public hearing to be made as required by l~w.
Adopted by the Common Council and
Springfield, Oregon; this ,21st day
the Mayor
City of
::::s:~~ ~'~cW'
.,~ ~,