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HomeMy WebLinkAboutORD 2113ORIGINAL ORDINANCE No. AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, ORDERING THE CONSTRUCTION AND INSTALLATION OF SANITARY SEWER LINES AND APPURTENANCES IN SOUTHEAST 112th STREET and 114th AVENUE S. E., ALL IN ACCORDANCE WITH RESOLUTION N0. 1268 OF THE CITY -COUNCIL OF THE CITY OF RENTON, WASHINGTON; ESTABLISHING LOCAL IMPROVEMENT DISTRICT NO. 252, PROVIDING THE METHOD OF ASSESSMENT IN SAID DISTRICT; PROVIDING THAT PAYMENT FOR SAID IMPROVEMENT BE MADE BY SPECIAL ASSESSMENTS UPON PROPERTY IN SAID DISTRICT, PAYABLE BY THE MODE OF "PAYMENT BY BONDS", OR NOTES IN LIEU THEREOF AS DETERMINED BY THE CITY COUNCIL; AND PROVIDING FOR THE ISSUANCE AND SALE OF LOCAL IMPROVEMENT DISTRICT WARRANTS REDEEMABLE IN CASH AND LOCAL IMPROVEMENT DISTRICT BONDS OR NOTES. WHEREAS by Resolution No. 1268, adopted August 17, 1964, the City Countil of the City of Renton declared its intention to construct and install certain sanitary sewer lines in portion of S.E. 112th Street and 114th Avenue S. E. in the City of Renton and fixed the 14th day of September, 1964 at 8:00 o'clock P.M. in the City Council Chambers in the City Hall, Renton, !Jashington, as the time and place for hearing all matters relating to said proposed improvement and all objections thereto and for determin- ing the method of payment for said improvements; and WHEREAS Jack Wilson, City Engineer, has caused au estimate to be made of the cost and expense of the proposed improvement aad has cettified said estimate to the City Council, together wtth all papers and information in his possession touching the proposed im rovement, a description of the boundaries of the District; a statement of what port -'on of the cost and expense should be borne by the property within the proposed District, a statement in detail of the Local Improvement assessments outstanding or unpaid against t�e property in the proposed District, and a statement of the accurate actual valuation of the real estate, including 25% of the actual valuation of the improvements in the pyoposed District, according to the valuation last placed upon it for the purpose of ggcieral taxation; and WHEREAS said estimate is accompanied by a diagram of the. proposed improvement showing thereon the lots, tracts, parcels of land and other property wht:h will be specially benefited by the proposed improvement, and the estimated amount of the cost acid 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. 1268 was given 4.n the manner provfhd by law, said hearing was duly held by the City Council at its regular meeting on September 14, 1964, and all protests entered having been duly considered and the total amount of said protests not exceeding 30.3c.1 of the total estimated assessment; and r WHEREAS at said hearing, the City Council gave 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 ownOrs of the property within the proposed Local Improvement District that said proposed im?Tovemeat as hereinafter described be carried out and that a .Local Improvement Distr ct be Oreated in connection therewith; NOW THEREFORE BE IT ORDAINED By THE MAYOR AND THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, AS.F..OLLOWS: Section l: The following sanitary sewer lines on portions of S, E. 112th Street and 114thAvenue:.S.;E. in.the City of Renton shall.be,coastructed and installed to -w APP90x. PIPE SIDE : ON ::FROM ;TO $" 12th Avenue N. .1.00' East of 112th 250' -Jest of 116th Avenue S. E. Avenue S. E. 8 114th Avenue S. E. Suaset Blvd. E..12th Avenue.N. There shall be included in the foregoing the acquisition and installation of all necessary valves, fittings, couplings, connections, eq,ipment and. appurtenances, and the acquisition of any easements, rights of way and land tha.t.may_be required_; and there shall be included the performance of such work as may be incidental and necessary to the ,foregoing construction 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 said improvement. All of the foregoing shall be in accordance with the plans and specifications therefor to be pzpared by Jack Wilson, City Engineer. Section 2: There is hereby established and created a Local Improvement District to be called "Local Improvement District No. 252 of the City of Renton, Washington", the boundaries of such Local Improvement District being described as follows All those portions of Sections 5 and 8, Township 23 North, Range 5 East, W. M. described as follows: The west 100 feet of the. south one-half.of the south one-half of Tract 211, all of Tract 212; the south 150 feet of Tradts:229 and 230; the south 150 feet of the east -half of Tract 247; the south 130 feet of the west one-half of said Tract 241: Also together with the north 150 feet of the west 145 feet of the east 320 feet of the northeast one-quarter of the northeast one-quarter of Section 8, Township 23 North, Range 5 East, W. M.':. -2- L. I. D. No. 252 - Legal Description of Boundaries (Cont.) Also beginning 320 feet west of the northeast corner of said Section 8; thence South 0°59'22" West 133 feet; thence North 890321 711 West 293.56 feet, more cr less, to the east margin of 114th Avenue Southeast; thence North 2°80'13" East along said east margin 133.097, more of less, to the north line of said Section 8; thence easterly along said north line to the point of beginning: Also, the south 198 feet of the west 150 feet of the north 331 feet of said subdivision lying east of 114th Avenue Southeast; also the south 150 feet of the north 180 feet of said sub -division lying west of the west margin of 114th Avenue Southeast, less the west 166 feet thereof: Also the south 36 feet of the north 216 feet of the east 120 feet of that portion of said sub -division lying west of 114th Avenue Southeast: Also the south 114 feet of the north 330 feet of the east 150 feet of said sub -division lying west of 114th Avenue Southeast. -2a- Section 3: The estimated cost and expense of said improvement is.hereby e_-clared to be $`a I9f'A6 The entire cost and expense of said improvement, including the ccot and expense of all engineering, legal, inspection, advertising, publication of notices and other expenses incidental thereto, shall be borne by and assessed against property specially benefited by such improvement included in the Local Improvement District established, embracing, as near as may be, all property specially benefited by such improvement. Section 4: The nature of the improvement provided for herein is such that the special benefits conferred on the property are fairly reflected by the use of the statutory termini and zone method of assessment, and it is hereby provided and ordered that the assessment shall be made against the property of the District in accordance with said method. All property included within the limits of the Local Improvement District above created 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 :.1:erc '---, 4—bovs specified. Section 5: 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 said "Local Improvement Fund, District No. 25211 to bear interest from the date thereof at a rate to be fixed hereafter but not to exceed 6% per annum and to be redec...z:.: is cash, and/or by local improvement district bonds herein authorized to'be issued, said to.b.e.hereafter -referred ,tjo:as "revenue warrants'.. Such bon,` 1 bear interest at a rate to 'be hereafter fixed 'but''not exceeding 6% per annum ­ payable on or before twelve years from the date of issuance, the life of the improvement ordem3 being not less than twelve years, and shall be issued in exchange for and in re- demption 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 City Treasurer of notice that the assessment roll for Local Improvement District No. 252 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 ten equal annual installments, with interest at a rate to be fixed hereafter, but not exceeding annum, under the mode of "payment by bonds", as defined by law and the ordinanr of the City of Renton, In the case of default in the payment of any assessment when the cc.me shall be..come due, there shall be added interest at a rate to be hereafter fixed but not to exceed 6% per annum, and a penalty of 6% which shall also be collected. Thi ear:^ct form, amount, date, interest rate and denomination of said warrants and bonds, sh^ll be hereafter fixed by ordinance of the City Council; however, the City .Council n,�y, in lieu of the issuance of such bonds issue installment notes payable o4t of the ?oc^1 Improvement District Fund as provided by law, special reference being made to -3 R.C.W. 35.45.150. Said warrants and bonds, or notes in lieu of said bonds, shall be soli in such manner as the City Council shall hereafter determine. Section 6: All the work necessary to be done in connection with the making of said improvement shall be done by and made by contract upon competitive bids and tf • 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 said work will be made in cash warrants drawn upon the "Local Improvement Fund, District No. 252". Section 7: There is hereby created and established in the office of the City Treasurer of the City of Renton, for Local Improvement District No. 252, a special fund to be known and designated as "Local Improvement Fund, District No. 252" 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 assessment, a4id against which fund shall be issued cash warrants to the contractor or contractors it payment for the work to be done by them in connection with said improvement, and against which fund cash warrants shall be issued in payment of all other items of expense in cpnnection with said improvement. Section 8: The City Engineer 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 9: The City reserves the right to issue, in lies 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 Local Improvement District fund whenever such note or notes are sold exclusively to another fund of the City as an investment hereof, and as further provided by law. Such installment note or notes may be issued an, time after a thirty day period allowed by law for the payment of assessments of said District without penalty or interest, and such 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 Local Improvement District which is to be borne by the property owners `'--ein, and as further provided by law. PASSED BY THE CITY COUNCIL this ..,A/qday of September, 1964. Helmie Nelson, City Clerk APPROVED BY THE MAYOR this ay of Sept r, 1964. APPROVED AS TO FORM:Donald W. Custer, Mayor .ler rd M. Shellan, City Attorney •