Ordinance 1986-882 - Laserfiche WebLink

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ORDINANCE NO. B 82 AN ORDINANCE CREATING SPECIAL IMPROVEMENT DIS- TRICT NO. 1986-1, IN THE CITY OF LOUISVILLE, COLORADO: ORDERING THE CONSTRUCTION AND I NSTALLA TION THERE IN OF CERTAIN IMPROVEMENTS; ADOPTING DETAILS AND SPECIFICATIONS THEREFOR: PROVIDING FOR THE ISSUANCE OF BONDS IN PAYMENT FOR SAID IMPROVEMENTS: PROVIDING FOR OTHER DETAILS IN CONNECTION WITH THE DISTRICT: AND DECLARING AN EMERGENCY. WHEREAS, pursuant to and in accordance with Section 31- 25-503, C.R.S. , there has been submitted to the City Council (the "Council") of the City of Louisville, Colorado ( the "City"), a petition for improvements and for the creation of a special improvement district (the "Petition"); and WHEREAS, the Petition was signed by one hundred percent (100% ) of the property owners to be assessed (.!:..~., the sing Ie petitioner) , and contained a request that the City waive the notice, publication, and hearing provided for in Se ct ion 31-25- 503, C . R . S .: and WHEREAS, the petitioner has also offered to enter into an agreement with the City concerning the proposed district, the improvements, the special assessment bonds to be i s s ue d , and other matters; and WH EREAS, the City finds that the Petition is in accor- dance with law and hereby determines that it should enter into such agreement, that a special improvement district s ho ul d be created, that the improvements petitioned for should be constructed, installed, and acquired in the manner set forth in the Petition, and that the City should waive the notice, publication, and hearing provided for in Section 31-25-503, C . R. S .; and WHEREAS, pursuant to an order of the Council, the engineer for the proposed special improvement project has prepared and filed prel imi nary pI ans, specifications, estimates of cost, maps, and schedules for the proposed improvements; and - 2 -