BIL 069 Draft 01 2024-2026 - Laserfiche WebLink

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In the event any of the foregoing documents contain provisions inconsistent with the provisions of any other of the foregoing documents, the provisions of the document last adopted shall control. SECTION 2. Confirming Assessment. Pursuant to Section 12-29 of the Code and as set forth in the Final Assessment Roll, it is hereby specifically found and established that: (a) Each and every Assessment Unit in the Improvement District is or will be specially benefited by the Improvements; (b) The method of assessment, based upon equal division of the cost of the Improvements among the Assessment Units, fairly confers the special benefits of a county -dedicated water system among the owners of Assessment Units within the Improvement District; (c) Each and every Assessment Unit is or will be so benefited to the amount of the assessment proposed therefor in the Final Assessment Roll, and in fair proportion to the assessments on each and every other Assessment Unit subject to assessment in the Improvement District; and (d) The assessment as contained therein is hereby declared just and equitable. The proposed assessment as contained in the Final Assessment Roll is accordingly confirmed, adopted and approved as and for the assessment against the Assessment Units in the Improvement District. The amounts set forth in the Final Assessment Roll are hereby fixed as the portions of the cost of the Improvements which are hereby assessed against the benefited Assessment Units. As provided by Chapter 12 of the Code, the amounts of the assessments against the Assessment Units shall be a lien against each of the Assessment Units from the date of first publication of this ordinance. SECTION 3. Net Cost of Authorized Improvements. It is hereby found and declared that the total estimated cost of the authorized Improvements to be supported by the assessments against the Assessment Units, after deduction of other available funds (other than temporary advances of funds) used to fund the Improvements (the "Net Project Cost"), is Two Hundred Seventy -Five Thousand And No/100 Dollars ($275,000), which is expected to be paid from a proposed issue of the County's general obligation bond (the "Bond") in an amount not to exceed Two Hundred Seventy -Five Thousand and No/100 Dollars ($275,000) to the United States of America, acting by and through the United States Department of Agriculture Rural Development on behalf of the Rural Utilities Service ("USDA"). An amount equal to the Net Project Cost, together with interest and other costs and administrative expenses authorized to be charged against Assessment Units hereunder, is hereby charged, assessed and levied against, and shall be collected from the non -governmentally owned Assessment Units in the Improvement District (unless specifically exempted as set forth in the Final Assessment Roll) and the owners thereof, respectively. 0a