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HomeMy WebLinkAbout860517 RESOLUTION RE: CREATING WELD COUNTY ANTELOPE HILLS LOCAL IMPROVEMENT DISTRICT NO. 1986-1 FOR THE PURPOSE OF CONSTRUCTING AND INSTALLING STREET IMPROVEMENTS TO INCLUDE COMPACTION, GRADING, PAVING, AND OTHER ROAD DRAINAGE IMPROVEMENTS , TOGETHER WITH ANY NECESSARY INCIDENTALS, ON CERTAIN STREETS THEREIN; AND PROVIDING FOR OTHER DETAILS IN CONNECTION WITH THE DISTRICT AND SETTING EFFECTIVE DATE SUBJECT TO CERTAIN CONDITIONS WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, in accordance with Section 30-20-603 , Colorado Revised Statutes , as amended, certain local improvements may be initiated by action of the Board of County Commissioners upon petition subscribed by the owners of a majority of the frontage directly abutting on that portion of the street to be improved , and WHEREAS, the Board of County Commissioners has determined to create a local improvement district in the area of the County described as Antelope Hills Subdivision, First and Second Filing, being subdivisions located in the Northwest a of Section 13 , Township 6 North, Range 67 West of the 6th Principal Meridian, Weld County, Colorado, recorded at Book 648 , Reception No. 1570391 and Book 648 , Reception No. 1570392 , on June 24 , 1971 , respectively, in the records of the Weld County Clerk and Recorder based upon the petition having been filed with the Clerk to the Board and to construct certain improvements therein, as described in this Resolution, and WHEREAS, notice of a public hearing concerning creation of the District and the construction and installation of the improvements therein has been given by publication in one issue of the Johnstown Breeze , a newspaper of general circulation in the County, not less than thirty days prior to the date of hearing, in addition notice was delivered or mailed by first class mail to each property owner within the proposed district not less than ten days prior to the hearing, and WHEREAS , at the time and place set forth in the notice, the Board of County Commissioners met in open session for the purpose of hearing and considering any objections and protests that might be made against the proposed district or the improvements to be constructed or installed, and ;. ' / 860517 Page 2 RE: CREATION OF SPECIAL IMPROVEMENTS DISTRICT - ANTELOPE HILLS WHEREAS , the Board of County Commissioners considered the protests and objections as presented, and WHEREAS , the Board of County Commissioners of Weld County, Colorado, pursuant to the laws of the State of. Colorado, hereby finds and determines that there exists a necessity for the creation of a local improvement district within Weld County, to be designated as Weld County Antelope Hills Local Improvement District No. 1986-1 , and the construction and installation therein of certain improvements, said improvements are in the best interests of the inhabitants of the area. NOW, THEREFORE, BF IT RESOLVED by the Board of County Commissioners of Weld County, Colorado: A. That a local improvement district for the construction and installation of street improvements, to include compaction , grading , paving, culverts, other road drainage improvements, together with any necessary incidentals on certain streets as hereinafter described, is hereby created and established in accordance with the laws of the State of Colorado, and shall be known and designated as "Weld County Antelope Hills Local Improvement District No. 1986-1 . " All proceedings heretofore taken by the Board of County Commissioners and the County staff and then adopted in connection with the district are hereby ratified, approved and confirmed. This proposal to create said district was initiated by the Board of County Commissioners by Resolution of April 9 , 1986 , upon a petition, proper in form, subscribed by the owners of a majority of the frontage directly abutting on the street to be improved, and notice duly given as heretofore stated. B. That the Engineer' s reports, together with all of the details, specifications , estimates, maps and schedules thereto attached or appended, are hereby approved and adopted. 860517 Page 3 RE: CREATION OF SPECIAL IMPROVEMENTS DISTRICT - ANTELOPE HILLS C. The area to be included within the district , said area described as Antelope Hills Subdivision , First and Second Filing, being subdivisions located in the Northwest Quarter of Section 13 , Township 6 North, Range 67 West of the 6th Principal Meridian, Weld County, Colorado, recorded at Book 648 , Reception Number 1570391 and Book 648 , Reception Number 1570392 , on June 24 , 1971 , respectively, in the records of the Weld County Clerk and Recorder. D. Description of improvements to be constructed in this district are as follows : Weld County, Colorado, plans to pave existing roads internal to Antelope Hills Subdivision, First and Second Filing. The improvements include grading, road drainage, paving and other appurtenances . The major construction quantities include approximately 2 , 571 tons aggregate base course, 955 tons of hot bituminous pavement, 270 linear feet of corrugated steel pipe , 450 tons of riprap, and other miscellaneous drainage structures. E. The construction and installation of the improvements in and for the district, as shown by the plans, specifications and maps thereof, prepared by the Weld County Engineer and approved by the Board of County Commissioners of Weld County, and now on file in the office of the Clerk to the Board , be , and the same are hereby authorized and ordered, the materials to be used in the construction of said improvements to be in accordance with such maps, plans and specifications. Probable total cost of the improvements based upon best information available to this Board and formulated in good faith, is $64 , 607 . 40 . Based on the findings and determination of this Board, Lots 1 through 9 , in Antelope Hills Subdivision, First Filing, and Lots 10 through 26 , Antelope Hills Subdivision, Second Filing, are to be specially benefitted and each lot shall be assessed equally on a per lot basis the entire cost of the improvements less County contribution and money held in escrow for this purpose. The current escrow balance is $15 , 473. 55 and the intended County contribution to the fund is $15 ,000 . 00 , leaving the cost to be financed by assessment to be $34 , 133 . 85 , which is $1 , 312 . 84 per lot. 860517 Page 4 RE: CREATION OF SPECIAL IMPROVEMENTS DISTRICT - ANTELOPE HILLS F. That the assessment to be levied for the improvements shall be due and payable within thirty (30) days after the effective date of the assessing Resolution or Ordinance. However, all such assessments may be paid at the election of the owner , in ten equal , annual installments of principle with installments of interest on unpaid installments at an interest rate of ten percent (10%) simple interest per annum. The first of said installments of assessment shall be due and payable at such time as will be indicated in the assessing Resolution or Ordinance. The remainder of the annual installments of assessments and annual payments of interest shall be due and payable successively on the same day each year thereafter until all are paid in full. G. The Board of County Commissioners , pursuant to Colorado Revised Statutes, 30-20-606 , hereby finds and determines that each of the lots found in Antelope Hills Subdivision, First and Second Filing, will specifically benefit from the proposed improvements based on the following facts: a) The market value of the property will increase; and b) The proposed improvements will adapt the property to more profitable use; and c) The proposed improvements will facilitate access to the properties and thereby increase the convenience of use of said properties. H. The Board of County Commissioners is hereby authorized to advertise for bids and construct such improvements in the time and manner required by the laws of the State of Colorado, and the Weld County Home Rule Charter. I . The Board finds that Special Assessment Bonds will not be issued for the purpose of paying cost of improvements; rather that Weld County will advance the initial cost to the project and be reimbursed by means of the assessment. J. All Resolutions or parts thereof in conflict with this Resolution are hereby repealed. 860517 Page 5 RE: CREATION OF SPECIAL IMPROVEMENTS DISTRICT - ANTELOPE FILLS K. Notwithstanding any other provision to the contrary, the effective date of this Resolution shall be the date that the Clerk to the Board of County Commissioners certifies to the record the receipt of Agreements and Covenants Not to Sue Weld County from the owners of all twenty-six (26) lots within Antelope Hills Subdivision, First and Second Filing, but provided further that if all twenty-six (26) are not received by June 2 , 1986 , at 2 : 00 p.m. , that this Board will reconvene to consider this condition . The above and foregoing Resolution was , on motion duly made and seconded, adopted by the following vote on the 28th day of May, A_.D. , 1986 . J1 BOARD OF COUNTY COMMISSIONERS ATTEST:` alnen.hAvi C [nv WELD COUNTY, COLORADO Weld County Clerk and Recorder wry ,and and Clerk to the Board acqu ' ne on , airman (' �fl _- _____ -C --1 G®ra \ . Lacy, P em MCI-. County Cl rk // EXCUSED __ APPROVED AS TO FORM: _Gee R. BBjrantner C.Iti'. Kirby yyt Co nay t orney FTa`n�Ya� f �j�7c SI, 860517 Hello