RESOLUTION NO. 57-99

AMENDING AND ESTABLISHING RATES USED TO COMPUTE

ASSESSMENTS LEVIED AGAINST PROPERTIES LOCATED IN

ALLEY IMPROVEMENT DISTRICTS

 WHEREAS, City of Grand Resolution No. 61-90, passed and adopted by the City Council on the 13^th day of September, 1990, and amended by City of Grand Junction Resolution No. 16-97, passed and adopted by the City Council on the 17^th day of February, 1997, established rates used to compute assessments levied against properties included in Alley Improvement Districts; and

 WHEREAS, Since the passage of City Resolution No. 61-90, costs to construct alleys have increased approximately 40 percent; and

 WHEREAS, the City Council has determined that it would be appropriate and prudent to increase the assessment rates established by City Resolution No. 61-90.

 NOW, THEREFORE, BE ITRESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION, COLORADO:

1.  The Single-Family assessment rate shall be $8.00 per each linear foot of property abutting the alley right-of-way.

2.  The Multi-Family assessment rate shall be $15.00 per each linear foot of property abutting the alley right-of-way.

3.  The Non-Residential assessment rate shall be $31.50 per each linear foot of property abutting the alley right-of-way.

4.  All other provisions and conditions of City Resolution No. 61-90 and City Resolution No. 16-97 shall remain in full force and effect.

 PASSED and ADOPTED this 21st day of April, 1999.

Attest:

             /s/ Janet L. Terry      

             President of the City Council

/s/ Stephanie Nye      

City Clerk