HomeMy WebLinkAboutCouncil Resolutions 1456 RESOLUTION NO. )1-15p
A RESOLUTION OF THE CITY OF CENTRAL POINT, OREGON
DECLARING AN ASSESSMENT DUE AND PAYABLE AND DIRECTING
COLLECTION PURSUANT TO ORS SECTION 223.270,
PROCEDURE FOR COLLECTION ON DEFAULT
555 Freeman # 86
RECITALS:
A. On February 23, 2006 the City Council adopted Resolution Number
1093 which established the Meadows LID and imposed
assessments on 300 properties within the Meadows Subdivision.
B. Many of the property owners agreed to pay their assessments
through installment agreements paid over forty (40) quarterly
installments beginning July 1, 2006.
C. The terms of the installment payments were the same for all
properties within the Meadows LID.
D. A number of the assessments against properties within the
Meadows LID were paid in full throughout this term. The property
known as Map No. 372W11A, Tax Lot 5400, commonly referred to
as 555 Freeman Road, #86, currently owned by Theodore F.
Fletscher was assessed Three Thousand, Six Hundred Thirty-Four
Dollars, and seventy-eight cents ($3,634.78). The quarterly
assessment is One Hundred Twenty-Four and twenty-nine cents
($124.29). The property owner made payments up until 2011at
which time such payments were discontinued.
E. The outstanding principal, interest and penalties as of April 26,
2016 are as follows:
Outstanding Principal: $ 1,742.18
Outstanding Interest: $ 236.96
Outstanding Penalty: $ 402.90
Total Due 4/26/16: $ 2,382.04
F. The city has sent invoices on a regular basis.
G. On April 14, 2016, the City Council directed that a Resolution be
brought back to the City Council declaring the principal, interest and
penalties due and payable under the procedures set forth by law.
H. ORS Section 223.270 outlines the procedure for collection on
default under the Bancroft Bonding Act.
Pursuant to ORS 223.270(1) if the owner neglects or refuses to pay
installments as they become due and payable for a period of one
(1) year, then the governing body may pass a Resolution declaring
the whole sum, both principal and interest, due and payable at
once.
The City of Central Point resolves as follows:
Section 1. The City Council hereby imposes provisions of ORS Section 223.270
and declares the whole sum, both principal and interest, due and payable at once
for Assessment Number 201.
Section 2. The City further directs collection in the same manner in which street
and sewer assessments are collected pursuant to the terms of the City Charter.
Section 3. The City Council directs that the property owner shall be notified that
the principal, interest and penalties interest are due and payable at once and
shall further provide said owner six (6) months from the date of this Resolution to
pay in full. In the event that said amounts are not paid in full, the City Council
directs staff to proceed with collections without further notice to the property
owner.
P ssed by the Council and signed by me in authentication of its passage
this d.(0ay of Mn. t 2016.
rf% Gey
Mayor Hank Williams
ATTE
ity Recorder
Pg. 2 Resolution No. ILSh, ( #J41LL )