2020-10-12 SID 508 NOM (2) FULLENKAMP JOBEUN JOHNSON & BELLER LLP
11440 WEST CENTER ROAD
OMAHA, NEBRASKA 68144
SANITARY AND IMPROVEMENT DISTRICT NO. 508
OF DOUGLAS COUNTY, NEBRASKA
NOTICE
NOTICE IS HEREBY GIVEN that a meeting of the Board of Trustees of Sanitary
and Improvement District No. 508 of Douglas County, Nebraska will be held at 8:30 A.M. on
October 12, 2020 at 11440 West Center Road, Omaha, Nebraska, which meeting will be
open to the public. The agenda for such meeting, kept continuously current, is available for
public inspection at 11440 West Center Road, Omaha, Nebraska and includes the payment of
bills of the District and the consideration and passing or amending and passing the following
Resolution, to-wit:
BE IT RESOLVED that the Board of Trustees of Sanitary and Improvement District No.
508 of Douglas County, Nebraska find and determine that it is advisable and necessary for the
District to construct an improvement within the boundaries of the District or within dedicated
easements acquired by the District, said improvements to be Paving Reconstruction 2020:
PAVING RECONSTRUCTION 2020
Reconstruct paving in streets within the boundaries of the District, including saw-cutting,
removal of existing paving, repair and preparation of subgrade, replacement of paving with
Portland Cement Concrete paving, sodding distributed are and all work that may be considered
incidental thereto in various locations in the streets.
The outer boundaries of the areas which may be subject to special assessments for said
improvement are proposed to be the same as the outer boundaries of Sanitary and Improvement
District No. 508 of Douglas County, Nebraska.
Said plans and specifications have been reviewed by Lamp Rynearson & Associates,
engineers for the District and said engineers have filed with the Clerk of the District, prior to the
first publication of this Resolution, an estimate of the total costs of said improvement, including
engineering fees, legal fees, fiscal fees, interest and other miscellaneous costs, which estimate is
in the sum of $67,425.00.
To pay the cost of said improvement the Board of Trustees shall have the power to issue
negotiable bonds of the District after such improvements have been completed and accepted;
said bonds to be called "Sanitary and Improvement District Bonds" and shall be payable and bear
interest as provided by the Statutes of the State of Nebraska.
The Board of Trustees shall assess to the extent of special benefits, the cost of such
improvements upon properties specially benefitted thereby. All special assessments which may
be levied upon the properties specially benefitted by such improvements shall, when collected,
be set aside and constitute a sinking fund for the payment of interest and principal of said bonds.
The District shall also cause to be levied annually a tax upon the assessed value of all of the
taxable property in the District except intangible property, which together with said sinking fund
derived from special assessments shall be sufficient to meet payment of the interest and principal
of said bonds as the same become due; said tax shall be known as the Sanitary and Improvement
District Tax and shall be payable annually in money.
If a petition opposing this Resolution, signed by property owners representing a majority
of the front footage which may become subject to assessment for the cost of the improvements as
set forth herein, is filed with the Clerk of the District within three (3) days before the date of the
hearing on this Resolution, this Resolution shall not be passed.
SANITARY AND IMPROVEMENT DISTRICT
NO. 508 OF DOUGLAS COUNTY, NEBRASKA
By: Curt Meier, Chairman
Gary Moran, Clerk
Publication Dates: September 28 and October 5, 2020