CITY OF HOMER

HOMER, ALASKA

City Clerk

RESOLUTION 05-81(S)

A RESOLUTION OF THE HOMER CITY COUNCIL AUTHORIZING FORMATION OF THE KACHEMAK DRIVE PHASE TWO WATER AND SEWER ASSESSMENT DISTRICT AT 75% PROPERTY OWNER SHARE OF ASSESSMENTS AND AUTHORIZING THE CITY MANAGER TO PROCEED WITH THE PREPARATION AND CONSTRUCTION OF THE KACHEMAK DRIVE PHASE TWO WATER AND SEWER PROJECT.

WHEREAS, The Kachemak Drive Phase II Water and Sewer District boundary contains lots fronting a portion of Kachemak Drive beginning at East End Road and ending at Campbell Lane and including portions of HK Davis, Moore Hoot, Norther Enterprises, Lee Cole, Seekins Replat, Uminski Addition, CR Hart and JO Campbell, Morris, Tyrer Halgens Survey, Harry Feyer, Mac Innes, and Rocky Point Subdivisions and Government Lots, and

WHEREAS, In compliance with Chapter 17, Improvement District, of the Homer City Code, the City Council of the City of Homer created the Kachemak Drive Phase Two Water and Sewer Local Improvement District (LID) on April 11, 2005 via Resolution 05-43 and a public hearing was held on May, 24, 2005; and

WHEREAS, Property owners were duly notified by certified/return receipt mailing of such hearing and legal notice of hearing being advertised in a local weekly newspaper for four consecutive publications; and

WHEREAS, The objection deadline for written protests was July 23, 2005 with the two exempted City Parcels being subtracted from the tally totals; and

WHEREAS, Filed with the City Clerk are nineteen written objections that equal $543,149.20 in assessments or 22.62%, four written non objections that equal $114,347.20 in assessments or 4.76%, sixty one non responses that equal $1,743,794.80 in assessments or 72.62%, there are ; and

WHEREAS, The estimated project cost is $3,277,953.00 with 25% paid for by the Homer Accelerated Water and Sewer Program and 75% paid for by the property owners via the equal share per parcel methodology, equaling an approximate $28,586.80 assessment per parcel.

NOW, THEREFORE, BE IT RESOLVED by the City Council of Homer, Alaska that the formation of the Kachemak Drive Phase Two Water and Sewer Assessment District is hereby authorized at 75% property owner share of the project, in equal shares per parcel, and that the City Manager is hereby authorized to proceed with the preparation and construction of the Kachemak Drive Phase Two Water and Sewer Project.

PASSED and APPROVED by the City Council of the City of Homer, Alaska this 25th day of July, 2005.

CITY OF HOMER

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ATTEST: JAMES C. HORNADAY, MAYOR

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MARY L. CALHOUN, CITY CLERK

Fiscal Note: Estimated project cost is $3,277,953.00 with 25% paid for by the Homer Accelerated Water and Sewer Program and 75%, paid for by the property owners via the equal share per parcel methodology, equaling an approximate $28,586.80. er assessments at 75%, $297,907.50. 86 parcels, with two exemptions, of which will be paid by the program.