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Ord 2106 - Improve 214 Bimart/Km r COUNCIL BILL NO. 1474 ORDINANCE NO. 2106 AN ORDINANCE RELATING TO IMPROVEMENT OF THE BI-MART/KMART ACCESS TO OREGON STATE HIGHWAY 214 BY INSTALLATION OF A TRAFFIC SIGNAL; ADOPTING ESTIMATES, DIRECTING THE CONTRACT DOCUMENT PREPARATION AND CONSTRUCTION CONTRACT AWARD; PROVIDING FOR PAYMENT OF THE COSTS THEREOF BY PROVIDING THAT THE COSTS THEREOF SHALL BE ASSESSED TO THE PROPERTIES BENEFITTED. WHEREAS, Resolution No. 1172 directed staff to bring an engineering report to the city council, and WHEREAS, the engineering report was approved by the council on April 26, 1993, and WHEREAS, Resolution No. 1178 was passed to install a traffic signal at the Bi-Mart/Kmart shared access to Oregon Route 214, and WHEREAS, a public hearing was held on May 10, 1993, and WHEREAS, written remonstrances sufficient in number to prevent such improvement have not been received, NOW THEREFORE, THE CITY OF WOODBURN ORDAINS AS FOLLOWS: Section 1. That the traffic signal at the Bi-Mart/Kmart shared access to Oregon Highway 214 be installed pursuant to Resolution No. 1178 in accordance with plans, specifications, and estimates prepared for the city, which said estimates are hereby incorporated herein and made a part of this ordinance by reference. Section 2. That the cost of said improvement shall be at the expense of property specially and peculiarly benefitted by such improvement within the assessment district established by Section 3 of this ordinance. Section 3. That the property specially and peculiarly benefitted by such improvement and to be assessed therefore is hereby declared to be the parcels of real property described in the Marion County Record of Deeds as follows: Tax Lot/ Subdiv Lot Owner of Record a) 42504-143 Woodburn Associates b) 42504-144 Bi-Mart Corp. 42504-145 c) 42504-704 Mabel Vaccari 42504-859 Thrifty Realty Co. d) 92840-040 WWDM Properties el 92840-041 J. Larry Fugate Savage, Savage & Brown f) 92840-042 GFI-Woodburn Investments Page 1 - COUNCIL BILL NO. 1474 ORDINANCE NO. 2106 .,......._.._...._..__......._.h .. ..,. Section 4. That the City Engineer's cost estimate, including engineering, finance, legal, and administrative, is $123,000. The benefitted cost of each property is estimated to be $4,804.69 per acre or a total of $123,000. TAX LOT 42504-143 42504-144 42504-145 42504-704 42504-859 92840-040 92840-041 92840-042 ACREAGE 3.07 1.07 6.34 2.93 0.50 3.95 0.69 7.05 TOTAL 25.60 ESTIMATED COST SHARE 14,760 5,143 30,456 14,026 2,404 18,942 3,321 33.948 $123,000 Section 5. That the benefitted property owners shall pay their share: 1) at the completion of the project, or 2) sign the Bancroft application with the city within the allowed time and make yearly payments for a period of ten years. The owners are allowed to payoff the remaining balance at any time during the bonding period. Section 6. That the City Council finds that it is in the public interest to assess costs to the benefitted property at the completion of public improvement. City Engineer approved costs of performing signal design engineering by a benefitted property owner may be included as a normal project cost for assessment. Section 7. That the City Engineer is hereby authorized to call for and receive bids or cause it to happen. Section 8. That the interest rate is hereby fixed at 7.0 percent. Section 9. That the City Recorder is hereby authorized to proceed with the issuance of general improvement warrants :o~fi~n~e the project., /;,. / f {'. " v p-- /~, / '~ C Zt. u--7 Approved as to form: {I . '~" -. --"~ c--> J ~ City Attorney ~' Datf/ I APPROVED: ~ "r; ~ en Kelley, May r Passed by the Council May 24, 1993 Submitted to the Mayor May 24, 1993 Approved by the Mayor May 25, 1993 Filed in the Office of the Recorder May 25, 1993 ATTEST: jlJ~~er City of Woodburn. Oregon Page 2 - COUNCIL BILL NO. 1474 ORDINANCE NO. 2106 "'T""""" "~...".",,.,._~,~,-"_._....---.,.---