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200400551 <br />ORDINANCE NO. 451 <br />An Ordinance to levy and assess a portion of the costs of <br />Street Improvement Districts Nos. 2000 -1, 2000 -2 and 2000 -3 against <br />the adjoining property owners in relation to the benefit derived by <br />said improvements, to provide for installment payments of said <br />assessment with a fixed interest rate, and to provide for the <br />indexing and recording of this Ordinance in the Office of the Hall <br />County Register of Deeds against the real estate for which the full <br />assessment has not been paid within 50 days of the date of this <br />levy. <br />WHEREAS, the City of Wood River, Nebraska, pursuant to law, <br />has he=retofore created Street Improvement Districts Nos. 2000 -1, <br />2000 -2 and 2000 -3 by Ordinance to provide for paving, guttering and <br />installation of streets within the municipality as more <br />particularly described in said Ordinance, and <br />WHEREAS, the City Council of the City of Wood River, Nebraska, <br />held a public hearing on the 8th day of October , 2002, as <br />required by law to determine the special benefits to the property <br />adjoining the streets in said districts, and <br />WHEREAS, the City of Wood River, Nebraska, is authorized to <br />levy and assess the costs and improvements of said Street <br />Improvement Districts or a portion of said costs to the adjoining <br />property in relation to the benefits derived therefrom as a special <br />assessment; <br />BE IT, THEREFORE, ORDAINED BY THE CITY COUNCIL OF THE CITY OF <br />WOOD RIVER, NEBRASKA, AS FOLLOWS: <br />Section 1. That there be and hereby is levied and assessed <br />against the lots in parcels of lots fronting and abutting upon the <br />streets improved by Street Improvement Districts 2000 -1, 2000 -2 and <br />2000 -3, a special tax assessment by virtue of street and curb and <br />gutter improvements and construction in said street districts. <br />That the total of the special assessments levied against each <br />adjoining and abutting lot and parcel described on the attached <br />sheets for each Street Improvement District are incorporated herein <br />by reference as the actual amount set forth for each parcel. That <br />the special assessments levied shall be a lien against the real <br />estate described on the attached Schedule in such amount as is set <br />forth in the actual amount column on the sheets attached hereto and <br />incorporated herein by this reference from the date of levy, which <br />shall be the date of passage of this Ordinance. The total cost of <br />the street improvements being assessed to the property owners in <br />each of the said districts is as follows: <br />Street Improvement District 2000 -1 $163,477.54 <br />Street Improvement District 2000 -2 $ 25,141.73 <br />Street Improvement District 2000 -3 $ 12,434.23 <br />and said sums are being apportioned against the real estate in each <br />of the blocks within the respective districts in proportion to the <br />value of improvements in each of said districts in such amounts as <br />