Explanation
BACKGROUND: This Ordinance is to levy a special assessment upon the lots and lands benefited by the installation of a high pressure sodium street lighting system with ornamental poles and underground wiring in the Madison Mills Subdivision including: Marsha Drive, Wintercress Court, Millrace Road, Chaney Place, Barley Circle, Bonne Circle, Bayberry Circle, Briarbush Drive, Briarbush Court, Poppyseed Court, Buggy Whip Lane, Moonlight Lane, Planters Court, Buckwheat Court, Plateau Street, Oldentime Court, Springtime Court, Wintertime Drive, Bartle Drive, Four Seasons Drive, Millview Drive, Millview Court, Acres Drive, Thimbleberry Road, Greenery Drive and Millstone Road from Williams Road to Millview Drive.
All costs of the street lighting system now have been assembled, the final assessment report prepared, and the assessing ordinance should now be passed.
Emergency action is requested in order that the assessment process may be completed prior to the street lighting notes becoming due.
Title
To authorize the Director of Public Utilities to levy a special assessment upon the lots and lands benefited by the installation of a street lighting system with underground wiring and ornamental poles in the Madison Mills Subdivision, and to declare an emergency.
Body
WHEREAS, property owners have submitted a petition for a high pressure sodium street lighting system with ornamental poles and underground wiring in the Madison Mills Subdivision including: Marsha Drive, Wintercress Court, Millrace Road, Chaney Place, Barley Circle, Bonne Circle, Bayberry Circle, Briarbush Drive, Briarbush Court, Poppyseed Court, Buggy Whip Lane, Moonlight Lane, Planters Court, Buckwheat Court, Plateau Street, Oldentime Court, Springtime Court, Wintertime Drive, Bartle Drive, Four Seasons Drive, Millview Drive, Millview Court, Acres Drive, Thimbleberry Road, Greenery Drive and Millstone Road from Williams Road to Millview Drive.; and
WHEREAS, Ordinance 0866-2005, passed June 13, 2005, authorized the installation of said street lighting system under the assessment procedures; and
WHEREAS, all costs of the street lighting system now have been assembled, the final assessment report prepared, and the assessing ordinance should now be passed; and
WHEREAS, emergency action is required in order that the assessment process may be completed prior to the street lighting notes becoming due; and
WHEREAS, an emergency exists in the usual daily operation of the Division of Electricity, Department of Public Utilities in that it is immediately necessary to levy a special assessment upon the lots and lands benefited by the installation of a street lighting system with ornamental poles and underground wiring in the Madison Mills Subdivision; and
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of Public Utilities be and is hereby authorized and directed to levy an assessment for the cost and expense of installing a street lighting system with ornamental poles and underground wiring in the Madison Mills Subdivision includes: Marsha Drive, Wintercress Court, Millrace Road, Chaney Place, Barley Circle, Bonne Circle, Bayberry Circle, Briarbush Drive, Briarbush Court, Poppyseed Court, Buggy Whip Lane, Moonlight Lane, Planters Court, Buckwheat Court, Plateau Street, Oldentime Court, Springtime Court, Wintertime Drive, Bartle Drive, Four Seasons Drive, Millview Drive, Millview Court, Acres Drive, Thimbleberry Road, Greenery Drive and Millstone Road from Williams Road to Millview Drive, in accordance with Ordinance Number 0866-2005, passed June 13, 2005, in the City of Columbus, Franklin County, Ohio as prepared by the Division of Electricity and the same is hereby confirmed and that there be and hereby levied and assessed upon the lots and lands hereinafter set forth, the several amounts as therein set forth, it being hereby determined and declared that each said lots and lands is specially benefited by said improvements and in an amount equal to said improvement.
Total amount of construction contract $358,268.58
Inspection and Prevailing Wage costs 33,499.00
Division of Electricity - Engineering 12,140.88
Division of Electricity - Certified Mail - Notices 2,125.12
Division of Electricity - Certified Mail - Invoices 2,125.12
Cost of Issuance of Bonds 7,500.00
3.76% Interest on $386,000 for 16 months 19,351.47
Total Cost $435,010.17
Less City Portion (112,000.00)
Total Property Portion $323,010.17
Property portion of $323,010.17 divided by 455.5 assessable units*, or percentage of, equaling $709.14 per assessable unit.
*One unit equals one lot of property.
Refer to attachment ORD0614-2006.xls.
SECTION 2. That the total assessment shall be payable at the office of the City Treasurer of Columbus, Franklin County, Ohio, within thirty days from the effective date of this ordinance or, at the option of the owner, in twenty semi-annual installments with interest upon deferred payment at the same rate as shall be borne by the bonds to be issued in anticipation of the collection of the same at the Office of the County Treasurer of Franklin County, Ohio, after the same have been certified to the County Auditor of Franklin County, Ohio for collection in the manner provided by law.
SECTION 3. That the said assessment, and all portions thereof, when collected, shall be paid into the Sinking Fund and shall be applied to the payment of the bonds issued for said improvement and the interest thereon, as the same shall become due and to no other purpose whatsoever.
SECTION 4. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor or ten days after its passage if the mayor neither approves nor vetoes the same.