HomeMy WebLinkAboutCouncil Resolutions 1458 J •
RESOLUTION NO. P-1
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
895 Holley Way
RECITALS:
A. On February 27, 2007 the City Council adopted Resolution Number
1129 which established the Snowy Butte Lane LID and imposed
assessments on 53 properties.
B. Many of the property owners agreed to pay their assessments
through installment agreements paid over forty (40) quarterly
installments beginning July 1, 2007.
C. The terms of the installment payments were the same for all
properties within the Snowy Butte Lane LID.
D. A number of the assessments against properties within the Snowy
Butte LID were paid in full throughout this term. The property
known as Map No. 372W10DB, Tax Lot 9417, commonly referred
to as 895 Holley Way, Central Point, currently owned by Donald
Olson and Annette Olson, Trustees of the Olson Living Trust was
assessed Eight Thousand Eight Hundred Seventy Dollars and forty-
one cents ($8,870.41). The quarterly installment payment is Three
Hundred Three Dollars and thirty-two cents ($303.32). The
property owner not made any quarterly installment payments since
the initial assessment was due.
E. The outstanding principal, interest and penalties as of April 26,
2016 are as follows:
Outstanding Principal: $ 8,870.41
Outstanding Interest: $ 3,594.59
Outstanding Penalty: $ 2,532.11
Total Due 4/26/16: $14,997.11
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.
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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 314.
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.
Passed by the Council and signed by me in authentication of its passage
this 9'-day of Win.. . , 2016.
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Mayor Hank Williams
ATT
ity Recorder
Pg. 2 Resolution No. I L(SQ (r7lbllb )