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BILL NO. ~)q/C~ __ ORDINANCE NO. ¢ 1615'~ AN ORDINANCE LEVYING A SPECIAL ASSESSMENT OR TAX AGAINST PROPERTY IN A BENEFIT DISTRICT FOR THE PUBLIC IMPROVEMENT OF DELCPd:~ST COURT BY REMOVING AND REPLACING THE STREET PAVEMENT, AND DIRECTING THE ISSUANCE OF SPECIAL TAX BILLS. WHEREAS, On June 8, 1998, the City Council adopted a resolution declaring the necessity of making a public improvement of Delcrest Court, a street in University City, Missouri, by removing and repla~ing existing street pavement; and WHEREAS, after a public hearing on June 29, 1998, the City Council determined that such public improvement was in the public interest and decided to proceed with the public improvement, and d rected the City Manager to cause plans and specifications for the public improvement to be t.repared by the proper officer and submitted to the City Council for approval; and WHEREAS The City advertised for bids to perform the work necessary under such plans and specificati OhS, and such bids were properly received and considered; and WHEREAS the contract for the public improvement was let to the lowest responsible bidder, and the contract was formally executed by Sourhard Construction Company and the City Manager; and WHEREAS. the public improvement was made pursuant to Ordinance No. 6175; and g~IEREAS. the final whole cost of the public improvement is $36,063.84; and WHEREAS. the total cost to the property owners in the benefit district is $36,063.84. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF UNIVERSITY CITY, MISSOURI, AS FOLLOWS: Section 1. Tire City Council determines and finds that the public improvement of Delcrest Court, a street in University City, Missouri, by removing and replacing the street pavement, has been completed, and that the final whole cost of the public improvement is $36.063.84. Section 2. A special assessment or tax in the total amount of $36,063.84 is hereby levied and assessed against dl real property owned by Delcrest Condominium Ltd. and its members, which is located at N)s. 1, 2, 3, 4 and 5 Delcrest Court, University City, Missouri, including the 40 condominium units there. The percentage of the final whole cost assessed and levied upon each condominium m rit is the unit owner's corresponding percentage of ownership in the common elements as a tract, as shown on the attached document marked Exhibit "A" and made a part hereof. Section 3. The boundaries of the benefit district are set forth in the folloxving legal description of the condominium property: Lot 5 and Part of Lot 6 of Delcrest, as per plat thereof recorded in Plat Book 45. Page 46,