Loading...
Res 336 12/8/1958K1 RESOLUTION NUMBER e A RESOLUTION DECLARING THE NECESSITY CF ]}PROVING THE FOLLOWING STREET WITHIN THE CITY OF WICHITA FALLS, TEXAS, TO-WTIT: THIRD STREET FROM TH EAST PROFS RTY LIEF OF LEE STREET TO THE WEST LINE OF THE INTERSECTION WITH ADAMS STREET; STATING THE NATURE OF SUCH IMPROVEMENTS, DIRECTING THE CITY MANAGER TO HAVE PREPARED PLANS AND SPECIFICATIONS AND ESTIE TES OF THE COST OF SUCH IMPROVEMENTS AND SETTING OUT THE MANNER IN WHCIH SUCH IMPROVEMENTS ARE TO BE PAID FQR . BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY CF WICHITA FILLS, TEXAS: That a public necessity exists for the improving of the following public property and streets in the City of Wichita Falls, Texas, as hereinafter provided: Third Street from the East property line of Lee Street to the West line of the intersection with Adams Street; said portion of said street shall be improved by raising, grading and by filling same, and by installing cement concrete curbs and gutter and storm sewers and drains where necessary, and by paving with one or more of the following types of materials, to-wit: One and one-half inch (li") Hot Mix Asphaltic concrete on six inch (6") flexible base. The City Manager is hereby directed to have plans and specifications prepared for such improvements. The City Manager is hereby directed to have estimates of cost of such improve- ments before the hearing relative hereto is held and before any of such improve- ments are actually constructed. Payment for such improvements shall be made in the following manner: The abutting property and owners thereof shall pay and shall be assessed for all the cost of constructing curbs and gutters in front of such respective property and a part of the remaining cost of such improvements, provided that such part of the costs assessed to the abutting property or the owners thereof shall in no case exceed 90% of the cost of the improvements plus the cost of the curb and gutter, it being herein set forth thatihis resolution is intended to include all their rights, powers and privileges allowed a city under the provisions of Article 4.05.-B, Vernon's Civil Statutes of Texas, and in cases where it is not satisfactoi shown to the Board of Aldermen of the City of Wichita Falls, Texas, that it will be inequitable to do so, the proportionate share of each property, or the owners thereof, shall be assessed and borne on the Front Foot Basis, and in any case where the Board of Aldermen of the City of Wichita Falls, Texas, shall find that such plan or basis would result in injustice or inequality the said Board of Aldermen shall apportion and assess such costs in such proportion and in the manner as it may deem just and equitable, having in view the special benefits in mak enhanced value to be received by such parcels of property and the owners thereof, the equitit of such owners and the adjustments of such apportionment so as to produce a substantial equality of benefits received and burdens imposed. The remaining cost of said improvements against the abutting property and owners thereof shall be paid by the City of 'Wichita Falls, Texas. The amounts to be assessed against and to be paid by abutting property and the owners thereof in each unit shall be payable in five ( 5) equal installments, due as follows: First installment shall be due and payable within ten days after the completion of the work and acceptance of same by the city, and the remainder shall be paid 1, 2, 3 and 4 years from the date of the completion of the work and acceptance of the same by the city of the improvements in the nnit upon which the property abuts, and shall bear interest from the date of such completion and acceptance until paid at the rate of six (6%) per cent per annum, payable annually, with provision that if default be made in the payment of any installment promptly as the same matures, then at the option of the holder of any such assessment or certificate issued in evidence thereof such default shall mature the entire assessment upon which same is made. Assessments made and levied shall be a first and prior lien and personal liability for principal, interest, reasonable attorney's fees and costs of col- lection, if any incurred, on the property assessed, superior to all other liens and claims, except State, County, School District and City Ad Valorem Taxes, and shall be a personal liability and charge against said owners of the property assessed. This resolution shall become effective immediately upon its passage. PASSED AND APPROVED this 8th day of December, A. D. 1958. K. . Spell, `iyo ATTES Geo. . Henderson, City Clerk