HomeMy WebLinkAboutResolution 03-25 06/02/2003
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RESOLUTION
No. 03-25
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 3.000 through
3.074 of the Springfield Municipal Code, and
WHEREAS, the Council has deemed that the construction of Street improvements for West
"I" Street from Kelly Boulevard to Water Street and vicinity (Project P20 340), 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 Street Improvements for West "I" Street
from Kelly Boulevard to Water Street and vicinity (Project P20340), 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 $225,000.
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
bylaw.
Adopted by the ~ommon Council and approved by the Mayor of'the City of Springfield,
Oregon this 2nd day of June, 2003. ~.
ATTEST:
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City Rec'tt;er
RrEVllEWED & APPROVIED
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OFFICE OF CITY ATTORNEY