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R71-26 07-12-71RESOLUTION NO. 71-26 A RESOLUTION PROVIDING FOR THE SURFACING AND/ OR RE -SURFACING OF EXISTING STREETS WITHIN THE CITY OF PEARLAND, TEXAS BY VOLUNTARY PROPERTY OWNERS PARTICIPATION AND/OR INVOLUNTARY PROPERTY OWNERS ASSESSMENT, SETTING OUT CERTAIN PRE- REQUISITES AND GUIDE LINES TO BE FOLLOWED. WHEREAS, the City of Pearland has no existing policy for the surfacing or re -surfacing of existing streets within its City Limits, and WHEREAS, the City Council has deemed it necessary that certain streets be improved by surfacing or re -surfacing with asphaltic compounds, and WHEREAS, a certain policy and guide line needs to be set out in order that a consistent method will be used in determining what streets to be improved by surfacing or re -surfacing and a method of payment by voluntary property owners' participation and/or involuntary paving assessment, since the City has only limited funds to be used for this purpose. NOW, THEREFORE, be it resolved by the City Council of the City of Pearland, Texas, that the Council will consider any existing street for surfacing or re -surfacing on which 60% of the property owners on such street petition the City for such improvements, subject to the following conditions: 1. Sixty (60) percent of the property owners on such street shall petition the City for such improvements, provided however, when the total length of the street named in the petition exceeds 1,000 feet, the street may, at the discretion of the City Council, be divided into blocks or segments containing not less than 500 feet. 2. That the signers of said petition agree to one of the following methods for participation payment: Cash money in advance or a demand note, secured by a Mechanic's and Materialman's Lien, payable 30 days after acceptance by the City Council of the completed improvements. In such cases where the property owner's voluntary participation exceeds $600.00, he will be eligible for time payments. Such n City Time Payment Contract shall be secured by a Mechanic's & Materialman's Lien, and shall provide that 1/3 of the total participation cost will be payable 30 days after the acceptance of the completed street by the City Council, 1/3 on or before one year from that date, and the remaining 1/3 on or before two years from that date. Said time payment note shall bear interest at a rate of 10% per annum. In such cases where the above conditions have been complied with, the City shall exercise its right to involuntary street improvement assessment against the remaining property owners as provided by State Law. The standards of construction shall be determined by the City Engineer. On strip -paved streets the property owner's cost will be -based on one half (1/2) of the cost of the materials ,expressed in linear feet,times the recorded abutting footage of the owner's property. The City will bear the cost of labor and equipment as its part in the participation program. On streets designed with curbs, gutters, and storm sewers, the same cost procedure will be followed for the street surface except that the property owners will pay the total cost of the curbs and gutters and the cost of the storm sewer pipe. PASSED, APPROVED, AND ADOPTED on first and final reading this /L day Attest: - , A. D. 1971. Mayor, City of Pearland, T xas City Secretary