HomeMy WebLinkAboutR81-465RESOLUTION NO. R81-465
A RESOLUTIO~ OF THE CITY COUNCIL OF THE CITY
OF PLAINVIEW, TEXAS EXEMPTING THE PLAINVIEW
HOUSING AUTHORITY FROM THE INTEREST ACCRUED
ON THE 1977 CURB AND GUTTER ASSESSMENT.
~4EREAS, in conjunctionwith the 1977 Paving Project, the
Plainview Housing Authority was assessed for the curband gutter
installed on north Beech from Campbell to Givens (Unit No. 8-1-77)
and Campbell from Date to NorthBeech (Unit No. 1-3-77); and
WHEREAS, the Plainview Housing Authority was willing and
able to pay the curband gutter when it was assessed; and
~/4EREAS, the City Staff recc~anended that the Plainview
Housing Authority not pay the assessment in hopes that a Federal
Grant could be obtained that would pay for the assessment; and
WHEREAS, the City Council has determined that in fairness
and equity, the Housing Authority should notberequired to pay
the interest accrued on the assessment:
NOW, THEREFORE BE IT RESOLVEDby the MayorandCityCouncil
of the City of Plainview, Texas to exempt the Plainview Housing
Authority from paying any interest accrued on the 1977 Curb and
Gutter Assessment.
PASSED AND APPROVED this the 17th day of December, 1981.
A%~EST:
WAL'±'~ S. DODSON, 'City Clerk
1977 Paving Assessment
Against The Housing Authority
Unit No. 8-1-77
Street: N. Beech from Campbell to Givens.
Purpose: Curb and Gutter
Cost: $3.55 per Linear Foot
Length: 1,426.4 feet
Assessed Cost: $S,063.72
Interest: 76S.34
Total: $5,829.06
Unit No. 1-3-77
Street: Campbell from Date to N. Beech
Purpose: Curb and Gutter
Cost: $3.55 per Linear Foot
Length: 662 Feet
Assessed Cost: $2,350.00
Interest: 355.26
Total: 2,705.36
Total Assessed Value:
8-1~77: 5,063.72
1-3-77: 2,350.10
7,413.82
Total Interest Accrued
8-1-77: 765.34
1-3-77: 355.26
1,120.60
GRAND TOTAL:
8,534.42