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CTTY OF R�NTON, WASHINGTON
4RDINANCE NO. �2�o
� AN ORDINANCE OF THE CITY OF RENTON, WASHII�3�Tt�N
�RDERING THE CdC�ISTRUC'FIflN AND INSTALLATION OF
CURBS AND GUTTER5, DRAINAGE, PAVING AND ALL NEC-
ESSARY APPURTENANCES IN THE VICINITY OF WEST SIDE
OF TAL60T RD. S. FRQM THE INTERSECTION OF TALBOT
RD. S. AND SOUTH ENTRANCE TC7 TALBOT CREST' DRIVE
TO A POINT APPROXIMATELY 800' SOUTH RENTON, KING
CC�UNTY, WASHINGTON, ALL IN ACCORDANCE WITN RESO-
LUTION NO. 2235 PR4ViDiNG THE METHOD 4F ASSESSMENT
IN SAID DISTRICT; PRC}VIDiNG THAT PAYMENT F4R SAID
IMPROVEMENT BE MADE BY SPECIAL ASSESSMENTS UPtJN
PROPERTY IN SAID DISTRICT, PAYAgLE BY THE MODE (?F
"PAYMENT OF BONDS", OR "NOTES" IN LIEU THEREOF AS
DETERMINED BY THE CITY CdUNCIL; PRC1VIDiNG FOR THE
ISSUANCE AND SALE OF LOCAI. IMPROVEMENT DISTRICT
WARRANTS REDEEMABLE IN �ASH AND LOCAL IMPR�VE-
1VIENT DISTRICT Bt3NDS OR N4TES (LID NO. 313}.
WHEREAS by Resolution No. 2235 passed and approved on December 18,
197'8, the City `Council of the Ci�ty of Renton declared its intention ta construct and
install certain curbs and gutters, drainage, paving and all necessary appurtenances
within certain territory in the vicinity af west side of Talbot Rd. S. fram the in#ersection
af Talbot Rd. S. and sauth entrance to Talbot Crest Drive to a point approximately
804' south as hereinafter more particularly described, and fixed the Sth day of February,
1979, in the City Cauncil Chambers in the Municipal Building, Renton, Washington, as
the time and place for hearing all matters relating to said improvements and all
objections thereto and for determining the method of payment for said improvements,
and
WHEREAS the Director af Public Works has caused an estimate to be made
of the cost and exp�nse of the proposed improvements and has certified said estimate
ta the City Cc�uncil, together w'tth ail papers, data, and i�formation in his passession
relating to #he progosed improvement, description of the boundaries of the District, a
statement of what portion o# the cost and expense should be borne�by the properties
within the proposed District, a statement in detail af the Lacal Improvement assessment
outstanding or unpaid against the property in the praposed District, and a statement
of #he aggr�gate actual valuation of the real estate, including 25% of the actual
valuation of the improvements in the praposed District, according to the valuation last
placed upon it for the purpose of general taxation; and
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, ' WHEREAS said estimate is accompanied by a diagram of the proposed
improverraent showing thereon the lots, tracts, parcels of land, and other property which
: will be especially benefited by #he 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 said District; and
' WHEREAS due notice of the �hearing upon said Resolution No. 2235 was
� given in the manner provided by law, and said hear.ing was duly held by #he City
; Council at its regular meeting on February 5, 1979 at the hour of 8:00 P.M. and the
following protests having been filed and duly considered, to-wit: . '
NAME OF PROTESTANT ADDRESS
I ' �ACK M. HAWKINS 2825 Talbot Rd. S., Renton, WA 98055
" DALE E. FOUNTAINE 2819 Talbot Rd. S., Renton, WA 98055
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and said total protests not exceeding 33.73% percent of the total cost bearing owners
within said District; and
� WHEREAS at said hearing the City Council has given due consideration to
the special 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
said improvement as hereinafter described be carried out, and that a Local Improvement
District be created in connection therewith; NOW THEREFORE
THE CITY COUNCIL OF THE CITY OF RENTON, WASHING?ON, DO
ORDAIN AS FOLLOWS: �
SECTION I: The following curbs and gutters, drainage, paving and all
necessary appurtenances shall be constructed and installed in the vicinity of west side
of Tablot Rd. S from the intersection of Talbot Rd. S. and south entrance to Talbot
Crest Drive to a point approximately 800' south Renton, King County, Washington, as
more particularly described hereinbelow, to-wit:
See`Exhibit "A" attached hereto and made a part hereof as
if #ully set forth herein. .
and there shall be included in the foregoing the acquisition and installation of all
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ne�essary pipe, manholes, valves, fittings, couplings, connection equipment and appur-
tenances, together with the acquisition of any easements, rights of way and land that
rnay be required; and tt�ere shall be included the performance of such wark as may
be incidenta! and necessary to the farego�ng constructiQn and instaliation.
The City Council may modify the details of the foregoing described imgrove-
ment where, in its judgment, it appears advisabie, provided such modifications do not
substantialiy alter the p3an of said impravement. AII of the faregoing shall be in
accordance with the plans and specifications therefor to be prepared by the Director
of Public Warks.
� SECTION IIz There is hereby established and created a Local improvernent I
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District to be called "Lacal Improvement District No. 313 of t3�e City af Rentan, �
Washington", the baundaries of such Local Improvement District being described as
follows:
See Exhibit "B" attached hereto and made a gart hereof as
' if fully set farth herein
' SECTION III: The estimated cast afld expense of said improvement is hereby
declared to be approximately $14,085.44 . The entire cost and expense
of said improvement, including the cost and expense of all engineering, legal, inspection,
advertising, publicatian of,natices'and iather expenses incidental thereto, shall be barne
by and assessed against the property specially benefited by such impravement i�cluded ,
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I in the Local Impravement District Na. 313 established, embracing, as near as may be,
all property specially benefited by such improvement.
SECTI(JN IV: The nature of the improvement provided for herein is such
#hat the special benefits conferred upon the property are fairly reflectecf by the use
I of the front footage method of assessment, and it is hereby pravided and orclered that
the assessment shall be made against the praperty of the District in accordance with
I� said rr�ethods. All property included within the lim'its of the Local Improvement District
�' above created shall be considered to be the property specially benefited by such Locaf .
I Improvement and shall be the property �ta be assessed to pay the cost and expense
thereof as hereinabove specified.
I SECTiUN V: Local improvement District warrants shall be issued in payment
� af the cost and expense of the improvement herein ordered. Such warrants shail be
� payable out of said "Local Improvernent Fund, District No. 313". to bear interest #rom
II the date thereof at a rate to be fixed hereafter, but not to exceed � % per annum
and to be redeemed in cash, andlor by Local Improvement District bands herein
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• authorized to be issued, said 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 9 % per annum; shall be payable on or before 12 years from
the date of issuance, the life of the improvement ordered being not less than
12 years, and shall be issued in exchange for and in redemption of any and all
revenue warrants issued hereunder and not redeemed in cash within a period not to
exceed sixty days after the first publication by the Director of Finance of notice that
the assessment roll for Local Improvement District No. 313 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 said District, payable in 1 o equal installments,
with interest at a rate to be fixed hereafter but not exceeding 9 % per annum,
and a penalty of 6� which shall also be collected. The exact form, amount,
date, interest _rate and denomination of said warrants and bonds shall be hereafter
fixed by Ordinance of the City Council.
SECTION VI: All the work necessary� #o be done in connection with the
�making of said 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 shal! include a statement
that payment for said work will be made in cash warrants drawn upon the "Local r
Improvement Fund, District No. 313".
SECTION VII: There is hereby created and established in. the Finance
Director's Office o# the City o# Renton, for` Local Improvement District No. 313, a
special fund to, be known and designated as "Local Improvement Fund, District No.
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313", into which fund shall be deposited the proceeds from the sale of revenue warrants
drawn against said 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 said improvement of all other items of expense in connection with said improve-
ment. .
SECTION VIII: The Public Works Director is hereby authorized and directed
to call for bids, in the manner provided by law, for the construction and installation
�of the improvements authorized herein.
SECTION IX: The City reserves the right to issue, in lieu of bonds and
� warrants in �dymei�rt ai tj�e cost anci expernse ur ti�e aioresaia i.ocai improvement
District, installment note or notes payable out of the Local Improvement District Fund,
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" pur"suant to RCW 35.45.150, whenever such note or notes are sold exclusively to anather• . (
'fund of the City as an investment thereof, and as further provided by law. Such �
installment note or notes may be issued any time after a thirty day period allowed
by law for the payment of assessmen#s of said District withaitt penalty ar interest,
and such note or notes may be of any denaminatic�n or denominations, the aggregate
of which shail represent tt�e balance of the cast and expense of the Locai. Improvement
District which is to be borne by the property owners therein, and as further provided
by law. .
PASSED BY THE CITY COUNCIL this 5tn of March�., �.979, ' I
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APPRUVED BY THE MAY4R this 5th o#�� �a h�; 1979.
' ����� �-r�. .��%����
C;harles ��elaurenti, Mayor
', Appraved as to farm: � '
�''�.F'`"`'`''e !"r-�-'�v� � ' . .
I', Lawrence J. Wacren, City Attarney
Date of Publication: M a r c h 9, 19 7 9 ' '
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�I.D 313 ' .
EXHIBIT A
ORDINANCE #3290
Legal Description
Lot 19, Block 2, Talbot Crest as recorded in Volume 76, Page 35
records of King County 4lashington, together with Lots 1 through 4 of
Ernest J . Lobe Short Plat recorded under Auditor' s File No.
records of King County together with S. 252.36; of the East 400' of
North 1/2 of SW 1/4 of NE 1/4 of Sec. 30-23-5 together with S. 252•36'
of North 1/2 of SE 1/4 of NE 1/4 lying westerly of John Langston Rd.
#80 Situated in Sec. 30-23-5.
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EXHIBIT B
Installation of curb and gutters, drainage, paving and all necessary
appurtenances on the west side of Talbot Rd. S, from the intersection
of Talbot Rd. S. and south entrance to Talbot Crest Drive to a point
approximately 800' south.
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