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Home My WebLink AboutORD 2904 , f . �• '�' • t y � • • a ' —0 ¢ CITY OF RENTON, WASHINGTON ORDINANC�� 1� . 2904 AN ORDINANCr 0� THE CITY 0�' RENTOrJ, WASHINGTOT�, APPROVING AND CONFIRMING THE ASSESS�'IENTS AND ASSESSMENT ROLL OF LOCAL IMPROVEMENT DISTRICT N0. 285 FOR THE IMPROVE�'IENT OF A CERTA?iQ AREA IN THE VICINITY QF S . W. 43RD STRE�T A�D WEST VALLEY HIGNG7AY, RENTON, KING COUNTY, ir7AS�IITdGTON, BY THE COPdSTRUC'TION AND INSTALLATIOTV OF �Ti:RTAIN SANITARY SFLJE� I�INES AND APPURTEI�ANCES �HERETO, BY DOING ALL WORK NECESSARY IN COr1NECTI4N THER�T�T.I'�H, L�VYING AND ASS�SSING THE AMOUNTS THEREFOR AGAIPIS� THE SEVERAL LOTS , TRACTS , PARCELS OF L�TJD AND OTHER PROPERTY AS SHOWN ON SAID ASSESS?'�NT ROLL AS MODIFIED A?�dD CO�EFIRMED BY THE CITY COUNCIL; AND PROVIDING FJR T�IE PAYMENT OF SUCH ASS�SSM�rdTS IlvTO THE LOCAL IMPn.OV�MENT FUND, DISTI�I�T TdQ . 285 OF TI�r CITY OF RENTOI�, T�JASHINGTON, AS CREATED BY ORDIi�APdCv I N0. 2846. WHEREAS the assessment roll levying the special assessments against theproperty located in Local Improvement District No . 285 generally known as an area in the vicinity of c. T,�, 43rd Street and �aest Valley Highway, created under Ordinance �To . 2846 , dated April 15 , Z974, has been filea with the City Clerk of the City of ?Zenton, Washington by the Dir_ector of Public Works , as provided , by law; and � WHEREAS due notice of the time and place of hearing thereon and making objections and protesi�s to said roll was duly published at and for the time and in the manner provided by law, fixing the time and place of hearin� ti�er�on for December 16 , 1974 at the hour of 5 : 00 P .M. in the City Council Chambers , City Hall, Renton, Washington, and which said hearing was duly continued to December 23 , 1974, and notice thereof �✓as �uly mailed by the City Clerk �o each property owner shown on sa�� roll as provided by law and as further specified in RCW 35 . 44. 090 and said hearing, as continued, having been duly held as aforesaid; and , ��THEREAS at the time and place fixed and designated in said notice, said ��earing on said assessment roll resulted in the following protests and/or objections as received by the City Clerk -1- � L � ' . • . , t , � + � ;� • . prior to, at and during said public hearing, to-wit : NAME OF PROTESTING PARTY ADDRESS LEGAL DESCRIPTION Ralph Leber Co. for _ _ _ Relco Investments P . 0. Box 606 Sec. 25-23-4 T.L. 59 N Tukwila, Wa. 98067 70 Fto of S -�99'3"�Ft- 'of _; __�_ . G. Le 7 l.ye Btwne � - _• P. SeP. & L. R/W & Coe Rd. M. W. Lotto , et al P . O . Box 2018 Sec. 36-2,3-4 T. L,. 57 Por. Renton , Wa. 98055 of G� L. 2 & �of N. E . 1/4 of N.W. 1/4 ly : Ely. of W. Valley Rd & Wly of P . S . E. � � Trans Ln. R/W & N. of Ln . ' Wch. is 756 Ft N of & Plw N and the City Council having duly considered saidL assessmenttro�.�I� Less stoxwy and the written protests and objections filed in connection therewith, as aforestated, and having duly determined that a revision and modification of said assessment roll being necessary and advisable, and the City Council sitting and acting as a Board of Equalization for the purpose of considering the roll , benefits to be received by each lot , parcel and tract of land shown upon said roll , including the increase and enhancement of the fair marlcet value of each such parcel of land by reason of said improvement ; NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO ORDAIN AS FOLLOLJS : SECTION I : The assessments and assessment roll , as modified and revised by the City Council sitting as a Board of Equalization, of Local Improvement District 285 , which has been created and established for the purpose of paying the cost of constructing and installing certain sanitary sewer lines and all appurtenances thereto in that certain area known as S . W. 43rd Street and West Valley Highway, Renton, King County, Washington, and all as more particularly described in Ordinance No . 2846 , further reference hereby had thereto , and all in accordance with said Ordinance , be and the same is hereby in all things approved and confirmed so that the total amount of the assessments ' and assessment roll of said Local Improvement District is in the sum of $. 205 , 2oo. s9 . The total construction costs and expenses incidental thereto being in the sum of $ 230, 042 . 65 and the City� s Waterworks Utility Fund being charged for the difference , to-wit : the sum of $ 24 , s41 , 76 , -2- ./ s n between the total amount of the assessment roll and the total con- struction costs and expenses incidental thereto . SECTION II : That each of the lots , tracts , parcels of land _ and other property shown upon said assessment roll is hereby determined and declared to be specially benefited by said improvement in at least �I the amount charged against the same, and the assessments appearing against the same are in proportion to the several assessments appearing upon said roll. There is hereby levied and assessed against each lot, tract, or parcel of land, or other property appearing upon said roll, the amount finally charged against the same thereon, as per the modi- fied final assessment roll, labeled "Exhibit A" and attached hereto . , SECTION III : That the assessment roll as approved and confirmed I, shall be filed with the Director of Finance for collection and said , Director of Finance is hereby authorized and directed to publish notice II as required by law, stating that said roll is in her hands for collec- tion and that payment of any assessment thereon or any portion of said assessment can be made at any time within thirty days from date of first publication of said notice, without penalty, interest or cost, and that thereafter the sum remaining unpaid, may be paid in not to exceed 20 equal annual installments with interest thereon hereby fixed at the rate of not to exceed 9 per cent per annum. The first installment of assessment on said 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 Director of Finance of notice that the assessment roll is in her hands for collection and annually there- after 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 30 day period, interest upon the whole unpaid sum shall be charged at the rate of not to exceed 9 per cent per annum and each year thereafter one of said installments, together with interest due on the whole of the unpaid balance, shall be collected. Any install- ment not paid prior to expiration of the said 30 day period during which installment is due and payable shall thereupon become delinquent. All delinquent installments shall be subject to a charge of interest not to exceed 9 per cent per annum and for an additional charge of -3- , �. ,, • , , • • ;�,, . . � 10 per cent penalty levied upon both. �rincipal and interest due u�on such installment or installments . The collection of such delinquent installments shall be enforced in the manner provided by law. The exact amount of total annual installment of assessment and interest rate shall be hereafter established by Ordinance and be amendatory hereto. SECTION IV: Al1 of such assessments or installments thereof, and interest and penalty, if any thereon, when collected by the Director of Finance shall be paid into the Local Improvement Fund, District No . 285 , of the City of Renton as created by said Ordinance No . 2846, and shall be used solely for the purpose of paying the principal and interest on the warrants and bonds drawn upon or issued against said Fund, or in case no bonds have been issued, then in payment of any installment note or notes as provided for in RCW 35 . 45 . 150, as may be determined by the City Council of the City of Renton. SECTION V: This Ordinance shall be effective upon its passage, approval and five days after its publication, unless other- wise provided for hereinabove. PASSED BY THE CITY COUNCIL this 6th day of January, 1975 . � Delores A. Mead, Cit Clerk APPROVED BY THE MAYOR this 6th day of January, 1975 . � A Q�/ � 1�very Garre�t, Mayor� ' Approved as to Form: �� Ge�'ard M. SYiellan, City Attorney Date of Publication: January 10, 1975 -4- ___ ,