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HomeMy WebLinkAboutORD 4387 a , • CITY OF RENTON, WASHINGTON ORDINANCE NO. ��� AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, APPROVING AND C�NFIRMING THE ASSESSMENTS AND ASSESSMENT ROLL OF LOCAL IMPROVEMENT DISTRICT NO. 329 FOR THE IMPROVEMENT OF SOUTH 43RD STREET FROM TALBOT ROAD SOUTH TO SR 167, AS PROVIDED BY ORDINANCE , NO. 3856, AS AMENDED, AND LEVYING AND ASSESSI'NG A PART OF THE COST AND EXP�NSE , THEREOF AGAINST THE PARCELS OF LAND AND OTHER PROPERTY AS SHOWN ON THE ASSESSMENT ROLL. WH�REAS, the assessment roll levying the special assessment� against the property located in Local Improvement District �A. 329 � �� u n n (the LID ) in the City of Renton, Washington (the City ) , has been filed with the City Clerk as provided by law; and WHEREAS, the City Council has fixed the time and place o� hearing thereon for the 21st day of December, 1992, at the hour of 7:30 p.m. , local time, in the Council Chambers in the Ci�y Hall, Renton, Washington, and further notice thereof was mailed by the City Clerk to each property owner shown on the roll; and WHEREAS, currently King County Public Hospital District No. � is the only owner of property located within the LID and has waived in writing the requirements for published notice and fifteen days' mailed natice of such hearing; and WHEREAS, at the time and place fixed and designated for the hearing was held, no written protests were received and all persons appearing at the hearing who wished to be heard, and the Ci°�y Council, sitting and acting as a Board of Equalization for the U063113.01 ' -1- v , • ORDINANCE NO. 4387 purpose of considering the roll and th� special benefits to be ' received by each lot, parcel and tract of land shown upon such roll, including the increase and enhancement of the fair market value for each such parcel of land by reason of the improvement, determined to confirm all assessments on the roll; NOW THEREFORE, TH� CITY COUNCIL OF THE CITY OF' RENTON, WASHINGTON, DO ORDAIN AS FOLLOWS: SECTION I: The assessmen�s and assessment roll of Local Improvement District No. 329 which has been created and established for the purpose of improving Sout�h 43rd Street from Talbot Road South to SR 167, as provided by Ordinance No. 3856, as amended, as the same now stand shall be and the same are approved and confirmed in all things and respected in the total amount of $ 1,654,063. 15 SECTION II: Each of the lots, tracts parcels of land and other property shown upon the assessment roll is determined and declared to be specially benefited by this improvement in at least the amount charged against the same, and the assessment appearing against the same is in proportion to the several assessments appearing upon the roll. There is levied and assessed against each lot, tract or parcel of land and other property appearing upon th� roll the amount finally charged against the same thereon. SECTION III: The assessment roll as approved and confirmed shall be filed with the City Administrative Services Director for 0063113.01 -2- . ORDINANCE N�. 4387 collection and the Administrative Services Director is authorized and directed to publish notice as required by la�a st�ting that the roll is in his hands for collection and that �ayment of any assessment thereon or any portion of such assessmen� can be made at any time within thirty days from date of first publication of such notice without penalty, ir�terest or cost, and tha� thereafter the sum rema�ning unpaid may be paid i� 10 equal annual installments. The estimated interest rate is stated to be 6 � , per annum, with the exact interest rate to be fixed in the ordinance authorizing the issuance and sale of the local improvement bonds for Local Improvement District No. 329. The first installment of assessments on the assessment roll shall become due and payable during the thirty-day period succeeding the date one year after the date of first publication by the City Administrative Service Director of notice that the assessment roll is in his hands gor collection and annually thereafter each succeeding installment shall become due and payable in like manner. If the whole or any portion of the assessment remains unpaid after the first thirty-day period, interest upon the whole unpaid sum shall be charged at the rate as determined above, and each year thereafter one of the installments together with interest due on the unpaid balance, shall be collected. Any installment not paid rior to e iration of the thirt -da eriod durin which such P XP Y Y P 9 installment is due and payable shall thereupon become delinquent. Each delinquent installment shall be subject, at the time of delinquency, to a charge of 10 � penalty levied on both principal and interest due upon that installment, and all delinquent 0063113.01 i -3- 0 ' � 4387 ' • ORDINANCE NOe installments also shall be charg�d intexest at the rate as �3etermined above. The collection of such delinquent installments shall be enforced in the manner provided by law. PASSED BY THE CITY COUNCIL t�is 21st �ay of December � 1992. Marilyn eterson, City Clerk APPROVED BY THE MAYOR thi 21st day of December � 1992. Earl Clymer, Mayor APPROVED AS TO FORM: La ce J. War , City Attorney Date of Publication: December 25 , 1992 0063113.01 -4- , �..._ CITY OF RENTON ASSESSMENT ROLL Location: S 43rd Street Talbot Rd. S to SR 167 L.I.D. 1Vo. 329 Assessment Status: I�INAL Assess Dist. No. 92-08 Type: Street Improvements including: curbs, gutters, sidewalks, street Total Cost: $1,654,063.15 i lighting, channelization, signals, Cost per Unit: 0 structural walls, tunnel and Assess Method: Lump Sum � landscaping. Property Name/Address of Owner Assessment Assessment $ Identification Units Parcel # 1 Valley Medical Center 1 $1,654,063.15 400 S 43rd Street Renton, WA 98055 KC Tax Act # 639180-0010-OS Legal Piat of One Valley Place as recorded in Vol. 125 pages 40 and 41 Records of King Description: County, WA Parcel # 2 1 KC Tax Act # 3 1 2305-9002-9 1 Legal Parcel "C" of Dr. Brain, Renton Short Plat 213-78 Recording No. 7812149018 Description: 92-�hs.i�oc��n/nn