HomeMy WebLinkAbout(1972, 05/22) - L-5 - AmendedC
L -5
STREET AND SIDEWALK IMPROVEMENTS
It shall be the policy of the City Council to initiate street and sidewalk
improvements on streets that are more than fifty percent (50 %) improved and
to assign the cost of these improvements to the adjoining property owners.
The methods available to complete the work are as follows:
1. Voluntary payment of construction funds by benefited
property owners.
2. Advancement of construction funds by the City.
3. Use of Chapter 27 provisions of the 1911 Act.
If the method whereby the benefited propel #y owners advance the construction
funds is used, the engineering, inspection, and incidental costs will be borne
by the City. Projects financed in thiymanner shall be given a high priority.
If the method whereby the City advagtes the construction funds is used, the
engineering, inspection, and incide4tal costs will be borne by the City. Under
this method the City shall advanc¢ the funds only after an agreement between the
property owners and City has be signed in which the owners agree to repay the
construction costs over a thre. year period at six percent (6 %) interest.
If the provisions of Chapter/27 are used, the cost of engineering and inspection
and identifiable incidenta4 shall be borne by the adjoining property owners.
In cases where Chapter 2 of the 1911 Act is used to improve unpaved alleys,
the staff may advance up to $20,000 per year from the Street and Alley Maintenance
Program for alley pavij g. All funds advanced for construction, engineering and
inspection shall be cp lected from the benefited property owners using the legal
provisions of Chapter' 27.
Adopted - Octob 24, 1966
Reaffirmed NVvember 12, 1968
Reaffirmed - arch 9, 1970
Reaffirmed - ebruary 14, 1972
Amended - Mqy 22, 1972
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