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1995-04494-Order No. 95-016 Recorded 1/18/1995r- 95-04494 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF REVIEWED F3�-Lj LEGAL COUNSEL DESCHUTES COUNTY, OREGON An Order Accepting The Engineer's * �.4 , „t ff Assessment Report, Accepting the Improvement and Setting a Hearing on * _ the Proposed Assessment for Road * Improvements in in Seminole Circle L.I.D. ORDER NO. 95-016 0138-0052 WHEREAS, the Board of County Commissioners of Deschutes County, Oregon, has received the Engineer's proposed assessment for each parcel of land for the improvement of roads in Seminole Circle L.I.D.; and WHEREAS, Deschutes County Code, Section 17.48.240 provides that the Board must set a public hearing by Order of the Board to hear objections to any such proposed assessment; now, therefore, THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ORDERS as follows: Section 1. That the report of the Engineer, marked Exhibit "A", attached hereto and by this reference incorporated herein, is hereby accepted, and that a public hearing for the purpose of hearing objections to the proposed assessment shall be held on Wednesday, February 8, 1995, at 10:00 a.m. in the Juvenile Justice Building, 1128 NW Harriman, Bend, Oregon 97701. Section 2. The improvement has been made, inspected by the Engineer and is hereby accepted by County Court. Section 3. That the Director of Public Works, on behalf of the Board of County Commissioners, mail written notice not less than five days prior to the date of said hearing to the owners of the parcels described in Exhibit "A", identifying the parcel, showing the proposed assessment, and giving notice of the hearing scheduled in Section 1 of this Order. Section 4. That the written notice to be given in Section 3 shall comply substantially with the form of notice marked Exhibit "B", attached hereto and by this reference incorporated herein. DATED this /8 t day of11 1995. �yy� 1.995 BOARD OF COUNTY COMMISSIONERS KEY �'CHEG OF DESCHUTES CO Y, OREGON F't � 1995 x� l �l� B RY H. SLA TER, OkAIRVIAN A S Recording Secretary 1 - ORDER NO. 95-016 ROBM-T L. NIPPER, SSI SIONER 17 EXHIBIT "A" 0138-0053 MEMORANDUM DATE: January 11, 1995 TO: Board of County Commissioners FROM: Tom Blust, County Engineer RE: Seminole Circle LID, Final Assessment Report This report is made pursuant to Sections 12.48.220 and 12.48.240 of the Deschutes County Code (DCC) concerning the compilation of actual costs and determination of the final assessment for the local improvement. Background: On March 30, 1994 the Board of County Commissioners (Board) initiated, by resolution, the improvement of Seminole Circle in Deschutes River Woods Subdivision. A hearing was held on the proposed improvement on May 25, 1994 at which time one objection, out of 23 lots, was filed regarding the proposed road improvement. Subsequently, the Board signed Order Number 94-092 directing the improvement to be made and to construct the road by contract. Construction Contract: Engineering plans and construction contract documents were prepared by the Public Works Department. Bids for the project were opened on July 28, 1994. Bids received from three construction firms: Bend Aggregate and Paving, $92,644.90; Pieratt Brothers, Inc., $100,835.40; and R.L. Coats, $116,713.00. The Board awarded the contract on August 3, 1994, to the low bidder, Bend Aggregate and Paving Co., Inc., in the amount of $92,644.90 (contract included both Seminole Circle LID and Comanche Circle LID). Acceptance of Improvements: The construction of the local improvement was completed by the contractor, and inspected and approved by the Engineer. The final payment on the contract was made on January 4, 1995. The Engineer recommends Board acceptance of the improvements within Seminole Circle LID. Included in this package for the Board's signature is Order No. 95-015 for the acceptance and establishment of Seminole Circle as a County Road. Final Assessment Report 1/11/95 Page 2 Local Improvement - Actual Costs: 0138-0054 The actual costs of the local improvement, as defined in DCC 12.48.041, are as follows: the construction cost is $53,956.33, the engineering and administration cost is $7,359.93, and financing costs are $855.43, for a total improvement cost of $62,171.68. Attached as part of this report are exhibits 1 through 4, detailing the actual costs. Payment of the construction cost was made from the Local Improvement District Project Fund (County Fund # 74). This fund will be reimbursed through assessment payments and a future bond sale (combined with the LID's to be constructed in 1995). The financing cost included as "actual cost" is the interest cost associated with the interim financing from the LID Fund (refer to exhibit "3"). Based on the method of cost allocation approved by the Board in Order No. 94-092, the assessment to each of the 23 specially benefited lots is $2,703.12 ($62,171.68 divided equally among the 23 lots). The actual cost is approximately 12% below the estimated pre -assessment lien, which was $3,086.96 per lot, as specified in Order No. 94-092. Final Assessment: Based on the foregoing report, the Engineer recommends that the cost of $62,171.68 be assessed against the 23 specially benefited lots within Seminole Circle LID at a rate of $2,703.12 per lot as shown in Exhibit 5. 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Y 1 O 0 1 0 0 O O O 1 (] O 0 1 0 O O O O 1 O O I O O O O o 1 1 1 1 e I n tl 1 0 n 1 t I 3 tl I N. n 1 rt Y 1 rt O O p o O O O O 1 0 p 1 p. O O tl 0 O O O O 1 Cl 0 1 0 O O O O I N I t 1 t I t 1 Ctl ro 1 1 �• P t 1 r O 1 1 O t 1 d 0 C. 1 0 0 0 0 0 1 O 0 1 0 O O O O 1 0, 0 0 1 0 o O o o i a Fxtttei '3 SEMINOLE CIRCLE AND COMMANCHE CIRCLE L.I.D. INTERIM FINANCING COST 0138-0058 DATE INTEREST (5%) BALANCE PAYMENT TOTAL TOTAL INT. TO DATE 9/7/94 $ - $ - $ 5,913.75 $ 5,913.75 $ - 10/5/94 $ 22.72 $ 5,936.47 $ 38,653.03 $ 44,589.50 $ 22.72 12/7/94 $ 386.45 $ 44,975.96 $ 38,714.36 $ 83,690.32 $ 409.18 1/19/95 $ 494.39 $ 84,184.71 $ 5,609.02 $ 89,793.73 $ 903.57 3/1/95 $ 505.71 $ 90,299.43 $ - $ 90,299.43 $ 1,409.27 Note: The interim financing cost is the interest on the construction costs financed through the L.I.D. project Fund (Fund #74). A 5% interest rate was assumed for the interim financing and a March 1, 1995 due date was assumed for the final assessment. Page 1 COMANCHE CIRCLE LID AND SEMINOLE CIRCLE LID FINAL ASSESSMENT 0138-0059 TOTAL I COMANCHE CIRCLE ISEMINOLE CIRCLE 100%1 39.30%1 60.70% CONSTRUCTION COST $ 88,890.16 $ 34,933.83 $ 53,956.33 ENGR. & ADMIN. $ 12,125.09 $ 4,765.16 $ 7,359.93 INTERIM FINANCING $ 1,409.27 $ 553.84 $ 855.43 TOTAL $ 102,424.52 $ 40,252.84 $ 62,171.68 # OF ASSESSED PARCELS 15 23 ASSESSMENT/PARCEL $ 2,683.52 $ 2,703.12 Note: These LID's were done under a single construction contract. 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O ro ro m N cd -li m N C]U]-1 XCi Lnan N M N N 0138-0063 JTES C .... -C <date> <name> <address> <city>, <state> <zip> 0138-0064 Department of Public Works 61150 S.E. 27th St., Bend, OR 97702 EXHBIT "B" (503) 388-6581 • FAX (503) 388-2719 NOTICE OF PROPOSED ROAD ASSESSMENT FOR SEMINOLE CIRCLE L.I.D. DESCRIPTION: <description> AMOUNT OF ENGINEER'S PROPOSED ASSESSMENT: $2,703.12 The Board of County Commissioners has, by Order No. 95-016, set a hearing on Wednesday, February 8, 1995, at the Deschutes County Juvenile Justice Building, 1128 NW Harriman, Bend, Oregon 97701, at 10:00 a.m., regarding the road improvement affecting the above tax lot for the purpose of hearing objections to the assessments fixed in the Engineer's Report of the road improvement abutting your land. The proposed assessment for this parcel is shown above. After this hearing, the Board will certify the assessments against each parcel of land by Order of the Board. When the assessments are certified, you will have thirty (30) days to apply to pay the assessment in installments. If you do not apply to pay the assessment in installments, the total amount of the assessment will be due and payable. An application will be mailed after the assessment is certified. LARRY RICE, DIRECTOR OF PUBLIC WORKS ON BEHALF OF THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON Quality Services Performed with Pride Ii _� �_.-�__�