CITY OF GRAND JUNCTION

RESOLUTION NO. 85-06

A RESOLUTION APPROVING THE AMENDED ASSESSMENT AND ORDERING THE PREPARATION OF AN AMENDED ASSESSMENT ROLL FOR PROPERTIES AT 359 COLORADO AVENUE

Recitals.

On November 1, 2005 the eligible electors of the City of Grand Junction approved the formation of a Business Improvement District for downtown Grand Junction. In order to defray the cost of providing services, the Board of the District, formerly the Grand Junction City Council, imposed special assessments on real property located within the District.

Prior to imposing a special assessment, the City Council, acting as the District Board, held a hearing on the question of the imposition of special assessments and the benefit to be derived by the property upon which the special assessment will be imposed. The assessment roll was subsequently approved and certified to the Mesa County Treasurer for collection in 2006.

In 2006, information came to light that there was need of an amendment to that assessment roll. Since the amendment is to the assessment roll adopted and approved by the Grand Junction City Council, the manner and process by which the original assessment was approved shall be followed in order to amend said assessment roll.

On June 7, 2006, the City Council adopted a resolution setting a date, a time and a location for a hearing on the question of the amending the special assessment for properties at 359 Colorado Avenue for July 5, 2006.

A notice describing the property on which the assessments shall be levied, the purposes for which the assessments are levied, the proposed method of assessment and manner of payment therefore, and the right of the owners of the property to be assessed to file objections was published in the Daily Sentinel and a copy mailed by first-class mail to each owner of the property to be assessed at his last-known address, as disclosed by the tax records of the County.

On the date and time specified, July 5, 2006, at the hour of seven o’clock, at the regular meeting of the Grand Junction City Council, a hearing was held for the purpose of considering the desirability of and the need for providing the service and imposing the assessment therefor and determining the special benefits to be received by the properties to be assessed.

The City Council did find that there is a need for the service to be provided and the properties to be assessed will benefit from the Special Assessment.

NOW, THEREFORE, for the reasons stated in the recitals above, be it resolved that the City Council has determined that:

1) The amended Special Assessments as proposed and attached as Exhibit A are hereby approved.

2) A local assessment roll shall be prepared and certified to the Treasurer of the County of Mesa for collection through a corrected assessment in 2006.

ADOPTED this 5^th day of July 2006.

/s/ James J. Doody        

James J. Doody, President of the Council

ATTEST:  

/s/ Stephanie Tuin                    

Stephanie Tuin, City Clerk

Exhibit A