HomeMy WebLinkAboutORD 3396 CITY OF RENTOiv, WASHINGTON
ORDINANCE NO. 3396
AN ORDINANCE of the City of Renton, Washington,
ordering the construction and installation of
sanitary sewers, water main, fire hydrants, curbs,
gutters, sidewalks, street lighting and all
necessary appurtenances in the vicinity of East
Valley Highway and S.W. 16th St. from SR 167 ramp
northerly and westerly to Lind Avenue S.W. ,
Renton, King County, Washington, all in accordance
with Resolution No. 2283 as amended by Resolution
No. 2299; providing the method of assessment in
such district; providing that payment for such
improvement be made by special assessments upon
property in such district, payable by the mode
of "Payment of Bonds" , or "Notes" in lieu
thereof as determined by the City Council; pro-
viding for the issuance and sale of local improve-
ment district warrants redeemable in cash and
local improvement district bonds or notes (LID
No. 314) .
WHEREAS by Resolution No, 2283 passed and approved on July 2,
1979, as amended by Resolution No. 2299 dated September 24, 1979, the
City Council of the City of Renton, Washington (the "City") , declared
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its intention to construct and install sanitary sewers, water main,
fire hydrants, curbs, gutters, storm drainage, paving, sidewalks,
street lighting and all necessary appurtenances in the vicinity of
East Valley Highway . and S.W. 16th Street from SR 167 ramp northerly
and westerly to Lind Avenue S.W. , Renton, King County, Washington, and
fixed the 5th day of November, 1979, in the City Council Chambers in
the TKunicipal Building, Renton, Washington, as the time and place for
hearing all matters relating to such improvements and all objections
thereto and for determining the method of payment for such improvements,
and such hearing was continued from time to time; and
WHEREAS the Director of Public Works has caused an estimate
to be made of the cost and expense of the proposed improvements and
has certified such estimates to the City Council, together with all
papers, data and information in` his. possession relating to the proposed
improvement, . description of the boundaries of the District, a statement
of what portion of the cost and expense should be borne by the properties
within the proposed District, a statement in detail of the local
improvement assessments outstanding or unpaid against the property in
the proposed District, and .a statement of the aggregate actual valuation
of the real estate, including 25% of the actual valuation of the improve-
ments
mprove-
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mes in the proposed District, according to the valuation last placed
upon it for the purpose of general taxation; and
WHEREAS such estimate is accompanied by a diagram of the
proposed improvement showing thereon the lots , tracts, parcels of land
and other property which will be especially benefited by the proposed
improvement, and the estimated amount of the cost and expense thereof
to be borne by each lot, tract and -parcel of land or other property
within such. District; and
WHEREAS due notice of the hearing upon such Local Improvement
District No. 314 was .given in the manner provided by law, and such
hearing was duly held by the City Council and continued thereafter
to various dates. with . the final hearing being at its regular meeting
on January 14 , 1980, at the hour of 8 : 00 P.M. , and the City Council
duly considered all written protests filed with the City Council and
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all persons appearing at such hearing and the continuances thereof
were heard, and as a result .of protests filed at the original hearing
and continuations thereof the City Council ordered certain changes
in the scope and nature of the improvements and properties proposed
to be assessed and overruled .all other .protests received; and
WHEREAS at such hearing as continued the City Council has
given due consideration to thespecial benefits to be received from
such proposed improvement by all of the properties to be included
within the proposed local improvement district; and
WHEREAS the City Council deems it in the best interest of
the City and of the ,owners of the property within the proposed local
improvement district that the improvements as hereinafter described
be carried out as hereinafter set forth, and that a local improvement
district. be created in connection therewith; NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO
ORDAIN as follows:
Section. T. The following sanitary sewers, .water main, fire
. .hydrants, curb s,. gutters, storm drains, paving, sidewalks, street
lighting and all necessary appurtenances shall be installed and
constructed in the vicinity of East Valley Highway and S.W. 16th
Street from SR 167 ramp westerly to Lind Avenue S.W. , Renton, King
County, Washington, as more particularly described hereinbelow, to-
wit:
See Exhibit "A" attached hereto and made a part hereof
as if fully set forth herein.
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and there shall be included in the foregoing acquisition and installa-
tion of all necessary connection equipment and appurtenances, together
with the acquisition of any easements, rights-of-way and land that
may be required; and there shall be included the performance of
such work as may be incidental and necessary to the foregoing construc-
tion and installation.
The City Council may modify .the details of -the foregoing
described improvement where, in its judgment, it appears advisable,
provided such modifications do not substantially alter the plan of
such improvement. All of the foregoing shall be in accordance with
the plans and specifications therefor to be prepared by the Director
of Public Works.
Section II. There is . hereby established and created a
local improvement district to be called "Local Improvement District
No. 314 of the City of Renton, Washington" (the "District") , the
boundaries of the District being described as follows:
See Exhibit "B" attached hereto and made a part hereof
as if fully set forth herein.
Section III The estimated cost and expense of such improve-
ment is hereby declared to be approximately $5,660, 000. 00. The entire
cost and expense of such improvement, including the cost and expense
of all engineering, legal, inspection, advertising, publication of
notices and other expenses incident-al thereto, shall be borne by
and assessed against the property specially benefited by such improve-
ment included in the District established, embracing, as near as may
be , all property specially benefited by such improvement.
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Section IV. The nature of the improvement provided for herein
is such that the special benefits conferred upon the .property are
fairly reflected for construction of sanitary sewers, water main,
fire hydrants, curbs, gutters, storm drainage, paving, sidewalks,
street lighting and all necessary appurtenances to be done on the
front footage basis, but adjusted for work needed for special conditions
such as filling and bringing to grade, such cost to be assessed to
the abutting property owner on the basis of the actual cost of the
special work; and it is hereby provided and. ordered that the assess-
ment shall be made against the property of the District in accordance
with such methods. All property included within the limits of the
District shall be considered to be the property specially benefited
by such local improvement and shall be the property to be assessed to
pay the cost and expense thereof as hereinabove specified.
Section V. Local improvement district warrants shall .be
issued in payment of the cost and expense of the improvement herein
ordered. Such warrants shall be payable out of the "Local Improve-
ment Fund, District No. 314" hereinafter created, to bear .interest
from the date thereof at a rate to be fixed hereafter, but not to
exceed 15% per annum and to be redeemed in cash and/or by local improve-
ment district bonds herein . authorized to be issued, such interest-
bearing warrants to be hereafter referred to as "revenue warrants. "
Such bonds shall bear interest at a rate to be hereafter fixed but
not exceeding 15% per annum; shall be payable on or before 17 years
from the date of issuance, the life of the improvement ordered being
not less than 17 years, and shall be issued in. exchange for and in
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redemption of any and all revenue warrants issued hereunder and not
redeemed in cash within a perioa not to exceed ninety (90.) days after
the first publication by the Director of Finance of notice that the
assessment roll for 'Local Improvement District No. 314 is in her hands
for collection. The bonds shall be redeemed by the collection of
special assessments to be levied and assessed upon the property within
the District, payable .in 15 equal installments, with interest at a
rate to be fixed hereafter but not exceeding 15% per annum, and a
penalty in such amount as shall hereafter be set forth in the ordinance
approving and confirming the final assessment roll for the District
which shall also be collected. The exact form, amount, date, interest
rate and denomination of such warrants and bonds shall be hereafter
fixed by ordinance of the City Council.
For those persons found by the City to be economically dis-
advantaged property owners or other persons who, under the terms of a
recorded contract of purchase, recorded mortgage, recorded deed of
trust transaction, or recorded lease are responsible under penalty of
forfeiture, foreclosure or default, the assessment levied for the
improvements herein authorized may be deferred until a time previous
to the termination of the District under terms acceptable to the City
and upon assurance of proper security for the payment of such assess-
ments. . Such deferral shall not survive the ownership of interest of
the economically disadvantaged property owner or person to whom the
deferral was granted and it shall likewise not survive the sale,
transfer or other action which either terminates the possessory interest
of such property owner or person or which turns the property into
investment, rental or lease property.
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Section VI. All the work necessary to be done in connection
with the making of such improvements shall be done by and made by
contract upon competitive bids and the City shall. have and reserves
the right to reject any and all bids. The call for bids for work
authorized pursuant to this ordinance shall include a statement that
payment for such work will be made in cash warrants drain upon the
"Local. Improvement Fund, District No . 314 . "
Section VII. There is hereby created and established in
the Finance Director' s Office of the City for the District a special
fund to be known :and designated as "Local Improvement Fund, District
No. 314" (the "LID Fund" ) , into which fund shall be deposited the
proceeds from the sale of revenue warrants drawn against such fund
which may be issued and sold by the City and collections pertaining
to assessments, and against which fund shall be issued cash warrants
for the contractor or contractors in payment for the work to be done
by them in connection with such improvement and all other items of
expense in connection with such improvement.
Section VIII. The Public Works Director is hereby authorized
and directed to call for bids in the runner provided by law for the
construction and installation of the improvements authorized herein.
No call for bids shall be issued unless and until there is, to the
sole satisfaction of the City Council (expressed by resolution passed
by a majority thereof) , provision for sufficient supplemental funds
or credit for the benefit of the District to insure the marketability
of the warrants authorized and bonds provided for by Section V hereof.
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, V ,
Section IX. The City reserves the right to issue, in lieu
of bonds and warrants in payment of the cost and expense of the
aforesaid Local Improvement District, installment note or notes payable
out of the LID Fund, pursuant to RCW 35. 45.150, whenever such notes
or notes are sold exclusivelyto another fund of the Cit as an invest-
ment thereof, and as further provided by law. Such installment note
or notes may be of any denomination or denominations, the aggregate
of which shall represent the balance of the cost and expense of the
District which is to be borne by the property owners therein, and as
further provided by law.
PASSED BY THE CITY COUNCIL this 21st day of January, 198-0.
DELORES A. MEAD, Cit Clerk
APPROVED by the Mayor this sT day of January, 1980.
�Ci�lsltCm� . ��,rLnpG�iU
BARBARA Y. SHINPOCH, Mayor
541000.1+
Approv s to form:
LqZ5re—h&c- J. ar en C ty Attorney
Date of Public ion: Z
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EXHIBIT A
LID Q45DA:;Y QHSC41PTION
rN . pur. ian u: Section! 19, 30 and 31 Tnwnship _i . r! zange 5 Last
A so Sect ions 24 and .25 Township 23 ".tort: Range 4 Bas- , 11,M.
.1:4 rhe Plats of C. D. litllman's Earlingten Gardens Division No. I as recorded in
`.'Dune 17 of Plats, Page 74 records of King County `.tashi^,ton and the Plat of
;;nrlington Northern Orillia Industrial Park of Renton Division No. 1 as recorded in
i:oluae i:7 of Plats, Page records of King County Washington; lying southerly of
T-405 (freeway); westerly of SR-167 (freeway); northerly of S':: 41st Street; and
a=ter_y of the following described boundary line;
,,inning at. the irtersecuo:i of the southerly r/_ car; n af.
_-405 with the r•a.._,•rly
r/w margin of LindAve. Sw: thence southerly along the :•aiceriy riv margin of Mnd
Ave. SW to the northerly r/« margin of S:: 16th St , _hence southwesterly to a
straight line across SW 16th St. to, the easterly r/w margin of Lind Ave. . . , thence
westerly along said southerly r/w margin of SY 16th St. to a line parallel with :end
120 ft. westerly of, as measured at right angles from the westerly -.'w line o: L,nd
Ave. SW: thence southerly along said parallel line to a line para!41 with and
600 feet northerly of, as measured at right angles from, yr/w line Of
SV 19th St.; thence westerly along said parallel lin_ to tie centerlin* of Rayoond
Ave. SW; thence southerly along said centerline and said centerline entani ed
Southerly to a line parallel with and 601 feet southerly of as measured at right
angles from the southerly r/w line of S:1.19th St.; thence easterly along said parallel
line to a line parallel with and 600 ft. westerly of, as neasured at right ankles
from, the westerly r/w margin of theEast Valley Road; thence southerly along said
;nrallel line to a line parallel with and 600 ft. northerly of, as measured at
richt angles from, the northerly r/w margin of SW. 27th St.: thence westerly along,
said parallel line to a line- parallel with and 200 ft. easterly of, as measured at
right angles from, the easterly r/w margin of the Burlington Northern Fight-of-way;
thence southerly along said parallel line to a line parallel with and 600 ft. south-
erly of as measured at right angles from the southerly r/w margin of SW 27th Sr_.:
thence easterly along said parallel line to a line parallel wit:i and 600. ft. westerly
of, as measured at right angles from the westerly r/w margin of East Valley Road;
thence southerly along said parallel lire -o the northerly r/w margin of SW 41st
5:. and the terminus of said heretofore mentioned boundary line.
Except therefrom any portion lying within strips of land 120 ft. wide, being 120
ft. on each side of the r/w of Lind Ave. S.; a-120 ft. strip on the east side of the
r/:: of Raymond Ave. SW; 120 ft. strips on each side of the r/w of 51 34th tit.; and
120 ft. strip on the north side of t:^c _i- of SW 41" St.
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EXHIBIT B
The proposed improveMents consist of:
3. The reconstruction of Southwest 150 Street from Lind Avenue Southwest
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to the East Valley Road and the East Valley Road from Southwest 16th
Street to Southwest 41st Street. The complete new construction of
Southwest 19th Street from Raymond Avenue Southwest to the East Valley
Road.. The complete new construction of Southwest 27th Street from a
point 200 feet East of the Burlington `northern Railroad right-of-way
to the East Valley Road. Included in the above improvements are em-
bankment construction, paving, curbs, gutters, sidewalks, illumination
and enclosed drainage systems.
2. Construction of sanitary sewers in Southwest 16th Street from Lind
Avenue Southwest to the East Valley Road; in Southwest 19th Street
.to the East Valley Road; and in Southwest 27th Street from a point
200 feet West of the Burlington Northern Railroad right-of-way to
the Metro trunk line in Valley Parkway and also from Lind Avenue
Southwest to the East Valley Road.
3. .Water mains. and Tire hydrants in Southwest '16th Street from Lind
Avenue Southwest to the East Valley Road; in the East Valley Road
from Southwest 16th Street to Southwest 19th Street and also from
' Southwest 23rd Street to Southwest 27th Street; in Southwest 19th
Street from Raymond avenue Southwest to Lind Avenue Southwest; and
in Southwest 27th Street from a point 200 feet East of the Burling-
ton Northern Railroad right-of-way to the East Valley Road.
I , DELORES A. MEAD, City Clerk of the. City of Renton,
Washington, hereby certify that the attached copy of Ordinance No.
3396 is a true and correct copy of the original ordinance passed
on the 21st day of January, 1980, as that ordinance appears on. the
Minute Book of the City.
DATED this 2 9 day of January, 1980.
DELORES A. MEAO, Cit Clerk of
the City of Renton, Washington