Fiscal Note
Funds available in Capital Acct. CP60-55620-810533
Title
Establishing assessments for the installation of street trees requested by the property owner (notices and public hearings have been waived).
Body
PREAMBLE
In accordance with Section 10.10 (11) of the Madison General Ordinances, the property owners whose names are listed in the attached schedule of assessments have requested installation of street trees on the street right-of-way abutting their respective properties and have waived their right for notice and public hearing. The purpose of this resolution is to establish the assessments for these street trees in accordance with Section 10.10 (9) of the Madison General Ordinances.
BE IT RESOLVED:
1. That the Common Council hereby determines that the special assessments contained on the attached schedule of assessments are reasonable.
2. That such work represents an exercise of the police power of the City of Madison.
3. That the attached schedule of assessments for street trees are hereby approved and that the date of adoption of this resolution shall constitute the levy of those assessments and that such assessments so levied shall be a lien against the respective properties from the date of the adoption of this resolution.
4. That the work or improvement be carried out in accordance with the reports as finally approved.
INSTALLMENT ASSESSMENT NOTICE
The amount of the special assessment for each abutting property owner has been determined as specified above and a statement of the same is on file with the City Clerk; it is proposed to collect the same in five (5) installments, as provided for by Secs. 10.10 (12) and 4.08, Madison General Ordinances, with interest thereon at 3.5 percent per annum; that all assessments will be collected in installments as above provided except such assessments on property where the owner of the same has paid the assessment to the City Treasurer on or before the next succeeding November 1st.
NOTICE...
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