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RESOLUTION <br /> <br /> The matter of establishing a neighborhood improvement district in University <br />Park No. 2 Subdivision was considered. <br /> <br /> After a review and general discussion of the matter, Councilmember Lieberman <br />offered the following resolution and moved its adoption. <br /> <br /> BE IT RESOLVED: That the Council of the City of University City, Missouri, <br />finds and declares as follows: <br /> <br />University Park No. 2 Subdivision (the "Subdivision") is a subdivision in <br />the City of University City, Missouri. <br /> <br />On or about September 11, 2003, a proper petition for the creation of a <br />neighborhood improvement district within the Subdivision was filed with <br />the City Clerk. <br /> <br />The petition was signed by the owners of record of at least two-thirds by <br />area of all real property located within the proposed neighborhood <br />improvement district. <br /> <br />The project name for the proposed improvement is "University Park No. 2 <br />Subdivision Neighborhood Improvement Project." <br /> <br />5. The general nature of the proposed improvement is as follows: <br /> <br />Maintenance and repair work on Subdivision streets, curbs, gutters, <br />driveway aprons, storm water inlets and sidewalks according to <br />University City Public Works Department standards for public <br />property of that nature; and <br /> <br />Any other improvements to said Subdivision property which is <br />necessary to meet City of University City standards for acceptance <br />of a dedication of such property to public use. <br /> <br />6. The estimated cost of the proposed improvement is $800,000. <br /> <br />The boundaries of the proposed improvement district to be assessed are as <br />indicated on the plat marked "Exhibit A" and made a part hereof. The <br />original plat was recorded in Book 21, Page 25 of the St. Louis County <br />Records. The legal description of the proposed improvement district is in <br />"Exhibit B," which is attached and made a part hereof. The legal <br />description was recorded in Book 753, Page 1 of the St. Louis County <br />Records. <br /> <br /> <br />