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HomeMy WebLinkAboutORD 5077CITY OF RENTON,WASIllNGTON ORDINANCE NO.5077 AN ORDINANCE OF THE CITY OF RENTON,WASHINGTON, ESTABLISHING AN ASSESSMENT DISTRICT FOR SANITARY SEWER SERVICE FOR PROPERTIES ADJACENT TO NE 2Dd STREET, FROM LYONS AVENUE NE TO APPROXIMATELY 300 FEET EAST OF LYONS AVENUE NE,AND ESTABLISHING THE AMOUNT OF THE CHARGE UPON CONNECTION TO THE FACILITIES. THE CITY COUNCIL OF THE CITY OF RENTON,WASIllNGTON,DO ORDAIN AS FOLLOWS: SECTION I.There is hereby created a Sanitary Sewer Service Special Assessment District for the area served by the NE 2nd Street Sanitary Sewer Main Extension project in the northeast quadrant ofthe City ofRenton and within King County,which area is more particularly described in Exhibit "A"attached hereto.A map of the service area is attached as Exhibit "B".The recording ofthis document is to provide notification of potential connection and interest charges.While this connection charge may be paid at any time,the City does not require payment until such time as the parcel is connected to and thus benefiting from the sewer facilities.The property may be sold or in any other way change hands without triggering the requirement,by the City,of payment ofthe charges associated with this district. SECTION II.Persons connecting to the sanitary sewer facilities in this Special Assessment District and which properties have not been charged or assessed with all costs ofthe NE 2nd Street Sanitary Sewer Extension,as detailed in this ordinance,shall pay,in addition to the payment ofthe connection permit fee and in addition to the system development charge,the following additional fees: I ORDINANCE NO.5077 A.Per Unit Charge.New connections of residential units shall pay a fee of $4,800.00 per dwelling unit. SECTION III.In addition to the aforestated charges.there shall be a charge of 5.93%per annum added to the Special Assessment District charge.The interest charge shall accrue for no more than ten (10)years from the date this ordinance becomes effective.Interest charges will be simple interest and not compound interest. SECTION IV. 30 days after publication. This ordinance shall be effective upon its passage.approval,and PASSED BY THE CITY COUNCIL this 17th day of__M_a--"'-Y •2004. Bonnie I.Walton,City Clerk APPROVED BY THE MAYOR this 17th day of M_a-=Y .•2004. ~~/~-tJ~ Kathy Ke er-Wheeler,Mayor Date ofPublication:5/21/2004 (summary) ORD.llll :4/28/04:ma 2 ORDINANCE NO.5077 EXIDBITA NE 2ND STREET EXTENSION SPECIAL ASSESSMENT DISTRICT LEGAL DESCRIPTION: Lots 1,2,3,and 4 of Cedargrove Park Division 1,according to the plat thereof recorded in Volume 72 of Plats,Page 50,Records of King County,Washington; TOGETHER WITH the North one-half (112)of the West one-half (112)of Tract 9,Black Loam Five Acre Tracts,according to the plat thereof recorded in Volume 12,Page 101, Records of King County,Washington; All situate in the NE quarter of Section 15,Township 23 North,Range 5 East,W.M.,in the City of Renton,King County,Washington. Wf-~\ Z ~-_------I W~1 ~f-----------I I W .....J Z NE 3RD S;.-T-,--_========~ I .•.t=I.-I'---..L _ ../1 1I_~_... NE 2ND ST W t--------l Z W n----t---~-l ~C/)r----L--.-----J Zo ~ NE 2ND STREET SEWER EXTENSION SPECIAL ASSESSMENT DISTRICT EXHIBIT "B"