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Show cured. Section 5. The City Council Coun-cil of the City of Milford, Utah, does hereby create a Special Improvement Guarantee Guar-antee Fund and shall at the time of each annual appropriation appro-priation ordinance, so long as any Special Improvement Improve-ment District bonds of the City of Milford remain outstanding, out-standing, provide for the levying of a tax of one mill in each year to create a fund for the purpose of guaranteeing guaran-teeing to the extent of such fund the payment of special improvement bonds and interest in-terest thereon issued against local improvement districts for the payment of local improvements im-provements therein, all in the manner and to the extent provided by the laws of the State of Utah. Section 6. The officials of the City of Milford, Utah, be and they are hereby authorized author-ized and directed to take all action necessary or appropriate appro-priate to effectuate the provisions pro-visions of this Ordinance. Section 7. All Ordinances or parts thereof in conflict with this Ordinance are here -by repealed. Section 8. Immediately after the adoption of this Ordinance, it shall be signed by the Mayor and the City Recorder and shall be recorded re-corded in the Ordinance Book kept for that purpose and said Ordinance shall be published once in the Beaver County News, a newspaper of general gener-al circulation in the City of Milford, Utah, and this Ordinance Or-dinance shall take effect im -mediately upon its passage and approval and publication as required by law. PASSED AND APPROVED by the City Council of the City of Milford, Utah, this 5th day of April, 1976. ROY L. YOUNG, Mayor ATTEST: NADINE JONES, City Recorder STATE OF UTAH ) ) SS. County of Beaver ) I, NADINE JONES, the duly appointed and acting City Recorder of the City of Milford, Mil-ford, Utah, do hereby certify that the above Ordinance is a true and correct copy of the original Ordinance adopted by the City Council of the City of Milford, Utah, on the 5th day of April, 1976, as the same now appears on file and -of record in my said office. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Milford, Utah, this 5th day of April, 197G. NADINE JONES, City Recorder Published April 8, 1976 in the Beaver County News. I! I to the Southeast corner of Lot 13, Block 19, Milford Heights of Milford Town Plat; thence West along an existing lot line 505.00 feet more or less to the Southeast South-east corner of Lot 12, Block 17, Milford Heights; thence North 118.87 feet more or less to the Northeast North-east corner of Lot 1, Block 4, said Lewis Addition; thence East 195.00 feet to the Northwest corner of Lot 1, Block 3, said Lewis Addition; thence North 1,000 feet more or less to the Northwest corner of Lot 1, Block 11, said Lewis Addition; thence East 310.00 feet more or less to the point of beginning. The assessments hereby levied are for the purpose of paying the cost of construction construc-tion and installation of a sanitary sani-tary sewer and incidental work thereto. Said assessments are hereby levied and assessed upon each of the lots, parts of lots or blocks, tracts or parcels of property within the boundaries of said Special Spe-cial Improvement District benefited by the improvements improve-ments to the extent of the benefits to such property by reason of the improve -me nts. The total cost of the im -provements in said Special Improvement District is $9,496.00 which is to be assessed to the owners of property affected or benefited bene-fited by the improvements and which is the total amount of the assessment hereby levied and which does not exceed ex-ceed the aggregate sum of: (A) The total contract price for such improvements improve-ments under the contract duly let to the lowest and best responsible bidders therefor; (B) Any interest on interim inter-im warrants issued. It is hereby found and determined de-termined that the real property prop-erty hereby assessed is affected af-fected by and specially benefited bene-fited by said improvements to th e full amount of the assessment hereby levied. The City Treasurer is hereby authorized and directed di-rected to assess the real property herein-above referred re-ferred to in accordance with the provisions of this Ordinance Or-dinance for the purposes herein mentioned and to collect col-lect said taxes as provided by law and the Ordinances of this City. Section 3. The assessment list made by the City Treasurer Treas-urer for said property in Special Improvement District Dis-trict No. 1 as submitted by the Board of Equalization and Review is hereby confirmed con-firmed and the assessments made and returned in said completed list and the report re-port and recommendations of the Board are hereby ratified, rati-fied, approved and confirmed. confirm-ed. Section 4. The whole or any part of the assessment may be paid without interest within with-in fifteen (15) days after this Ordinance becomes effective. effec-tive. Any part of the assessment assess-ment not paid within such fifteen (15) days shall be payable over a period not exceeding ten (10) years from the effective date of this Ordinance in ten (10) substantially equal installments install-ments with interest on the unpaid balance of the assessment as-sessment at the rate of seven sev-en percent (7) per annum from the effective date of this Ordinance until due. Interest In-terest shall be paid in addition addi-tion to the amount of each such installment annually at the time each installment becomes be-comes due. Default in the payment of any installment of principal or interest when due shall cause the whole of the unpaid un-paid principal and interest to become due and payable immediately, and the whole amount of the unpaid principal princi-pal shall thereafter draw interest at the rate of ten percent (107c) per annum until paid, but at any time prior to the date of sale or foreclosure, the owner may pay the amount of all unpaid installments past due, with interest at the rate of ten percent (107c) per annum to the date of payment on the delinquent installments, and all approved costs, and shall thereupon be restored to the right thereafter to pay in installments in-stallments in the same manner man-ner as if default had not oc- ORDINANCE NO. 38 AN ORDINANCE confirming confirm-ing the assessment roll, levying a tax and providing for the assessment of property prop-erty in Special Improvement District No. 1 of-Milford-, Beaver County, Utah, for the purpose of paying the costs of construction and installation installa-tion of a sanitary sewer on North 500 West Street from the middle of West Center to the middle of West 200 Street, West Center Street from the middle of the intersection inter-section of North 500 West Street to the middle of the intersection of North 600 West Street and West 200 North Street from the middle mid-dle of the intersection of North 500 West Street to the existing City line on West 200 North Street, establishing establish-ing a Special Improvement Guarantee Fund and providing provid-ing the time when the assess -me nts are to be paid. BE IT ORDAINED by the City Council of the City of Milford, Utah: Section .1. The City Council Coun-cil of the City of Milford, Utah, hereby confirms the assessment roll as submitted submit-ted by the Board of Equalization Equal-ization and Review for the City of Milford Special Improvement District No. 1 for Milford, Utah, and hereby here-by confirms the findings find-ings of the Board of Equalization and Review proposed list of assessments by the Board are just and equitable; that each piece of property to be assessed will be benefited in an amount not less than the assessment to be levied against said property; prop-erty; and that no piece of property listed in said assessment as-sessment list will bear more than its proportionate share of the cost of such improvements. improve-ments. Section 2. The City Council of the City of Milford, Utah, does hereby levy a tax to 1 assessed upon the real property prop-erty described in said assessment as-sessment list. The assessment assess-ment levied upon each lot, parcel or tract of property therein described shall be in the amount set forth in the said assessment list, which is hereby incorporated by reference and made a part of this Ordinance. Said property prop-erty is included in Special Improvement District No. 1, the boundaries of which are more particularly described as follows: Beginning at the Northeast corner of Lot 14, Block 10, Lewis Addition of Milford Town Plat; running thence South along the West line of an existing alleyway 1,122.09 feet more or less |
