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Home My WebLink AboutRES 3160 Repeals RES 3095 CITY OF RENTON, WASHINGTON RESOLUTION NO. 3160 A RESOLUTION OF THE CITY OF RENTON, WASHINGTON SEGREGATING ASSESSMENTS RE LID #329 LOCATED IN THE VICINITY OF S. 43RD STREET, TALBOT RD. S. TO SR 167 WHEREAS, the City of Renton has been requested to segregate certain assessments for -Local Improvement District No. 329 as it relates to Parcels 1 and 2; and WHEREAS, the original assessment roll for LID #329 was approved on December 21, 1992; and WHEREAS, Parcels 1 and 2 are legally described on Exhibit "A" attached hereto and made a part hereof as if fully set forth herein; and WHEREAS, the amount of the original lump sum assessment for Parcels 1 and 2 was $1,654,063.15; and WHEREAS, Parcel 1 has been segregated into one parcel, Parcel I A; and WHEREAS, Parcel 2 has been segregated into ten parcels, Parcels 2A through 2J, inclusive; and WHEREAS, the owner of Parcels 1 and 2, Valley Medical Center, has agreed to segregate the assessments based on the respective square footages of their ownerships; and WHEREAS, this segregation will not jeopardize the security of the lien for such assessments or reduce the security for any outstanding local improvement district obligations payable from such assessment; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO RESOLVE AS FOLLOWS: SECTION I. The Finance & Information Services Director of the City of Renton is ordered to segregate the original assessment on Parcels 1 and 2 of LID #329 into amended Parcels IA and 2A, 213, 2C, 2D, 2E, 2F, 2G, 2H, 21, 2J, as legally described in Exhibit "B" attached hereto, with the tracts bearing the following assessments: RESOLUTION NO. 3160 LID No. 329 Square Footage Segregated King County Segregated Parcel #s. For each Parcel Assessment Tax Account#s Parcel 1A 391,968.00 $336,902.78 639180-0010 639180-0125 Parcel 2A 386,810.80 $332,470.09 885767-0010 Parcel 2B 18,579.47 $15,969.35 885767-0020 Parcel 2C 13,637.92 $11,722.01 885767-0030 Parcel 2D 7,298.23 $6,272.95 885767-0040 Parcel 2E 25,830.89 $22,202.06 885767-0050 Parcel 2F 142,659.52 $122,618.15 885767-0060 Parcel 2G 27,375.61 $23,529.78 885767-0070 Parcel 2H 37,641.01 $32,353.05 885767-0080 Parcel 2I 25,024.08 $21,508.60 885767-0090 Parcel 2J 655,145.45 $563,108.02 885767-0100 1,731,970.98 sq ft. $1,488,656.83 Total amount of unpaid assessment $1,488,656.83 — $0.85952/sq. ft. Divided by number of square feet 1,731,970.98 SECTION H. The total of these segregated assessments equals the total unpaid assessment before segregation and, if that should not be, then each assessment will be increased proportionately until the sum of the assessments for the eleven parcels will total the unpaid assessment before segregation. SECTION M. As part of the segregation, the Finance & Information Services Director of the City of Renton will collect a fee of $10.00 for each tract for which segregation was made, for a subtotal of$100.00. SECTION IV. The City of Renton chooses to charge its reasonable engineering and clerical costs for this segregation in the amount of $75.00. The total amount of the segregation fee is $175.00. PASSED BY THE CITY COUNCIL this 46X day of l,&,»d-e,� 1995. Marilyn Pete n, City Clerk 2 RESOLUTION NO. 3160 APPROVED BY THE MAYOR this 4th day of December , 1995. %-Al Ear Clymer, Mayo Approved as to form: Lawrence J. Warren, City Attorney RES.410:10/10/94:as. 3 RESOLUTION NO. 3160 LID #329 EXHIBIT "A" Date Of Original Assessment Roll December 21, 1992 PARCEL 1 Date of Original Assessment Roll: December 21, 1992 Original Legal Description: Plat of One Valley Place, as recorded in Vol. 125, Pages 40 and 41, Records of King County, WA. and as amended by City of Renton LLA 023-91, recorded under King County Recording Number 9108069008. PARCEL 2 Original Legal Description: Parcel "C" of Dr. Brain, Renton Short Plat 213-78, King County Recording No. 7812149018. Amount of Original Lump Sum Assessment for both parcels : $1,654,063.15 4 RESOLUTION NO. 3160 LID#329 EXHIBIT"B" PROPOSED PARCEL 1 Amount of Remaining Assessment: $336,902.78 King County Tax Acct.No. 639180-0010 639180-0125 New Legal Description: Plat of One Valley Place, as recorded in Vol. 125, Pages 40 and 41, Records of King County, WA. and as amended by City of Renton LLA 023-91, recorded under King County Recording Number 9108069008. The above described parcel contains 391,968 square feet. PROPOSED PARCEL 2A Amount of Remaining Assessment: $332,470.09 King County Tax Acct.No. 885767-0010 New Legal Description: Lot 1 of Valley Medical Center, North Campus Binding Site Plan, as recorded in Vol. 166, Pages 89 through 93, inclusive, Records of King County,WA,under King County Recording No. 9311240441. The above described parcel contains 386,8.10.80 square feet. PROPOSED PARCEL 2B Amount of Remaining Assessment: $15,969.35 King County Tax Acct.No. 885767-0020 New Legal Description: Lot 2 of Valley Medical Center, North Campus Binding Site Plan, as recorded in Vol. 166, Pages 89 through 93, inclusive, Records of King County, WA,under King County Recording No. 9311240441. The above described parcel contains 18,579.47 square feet. PROPOSED PARCEL 2C Amount of Remaining Assessment: $11,722.01 King County Tax Acct.No. 885767-0030 New Legal Description: Lot 3 of Valley Medical Center, North Campus Binding Site Plan, as recorded in Vol. 166, Pages 89 through 93, inclusive, Records of King County,WA,under King County Recording No. 9311240441. The above described parcel contains 13,637.92 square feet. 5 95-930/SMbh RESOLUTION NO. 3160 EXHIBIT"B" (continued) -_ PROPOSED PARCEL 2H Amount of Remaining Assessment: �. $32,353.05 i King County Tax Acct.No. 885767-0080 New Legal Description: Lot.8 of Valley Medical Center, North Campus Binding Site PJap, as recorded in.Vgh 166, Pages 89 - through 93, uiclusrve,Records of Kirig County,-)VA,under Kipg Counrty Recording No,`9311'24044f The'above described parcel contains 37,641.01 square feet. PROPOSED PARCEL 21 Amount of Remaining Assessment: $21,508.60 _ King County Tax Acct.No. 885767-0090 New Legal Description: Lot 9 of Valley Medical:Center, North Campus Binding Site Plan, as.recorded,in,Vol.- 166,, Pages'89 n un ec rd'n` 11240441. through 93 inclusive Records of Kiri Courit WA" under Kt Co f• R o i 'No 93 g g Y, g Y.., . g The above described parcel contains 25;024.08'square feet., PROPOSED PARCEL 2J _ Amount of Remaining Assessment: . $5639108.02 Y King County Tax Acct.No. 885767-0100 New Legal Description: Lot 10 of Valley Medical Center,North Campus Binding Site Plan, as recorded in Vol. 166,Pages,89 ., through 93, inclusive,Records of King County.,WA;under Kirig. �'Count' >Zecordm �l0 9311240441 ;` The above described parcel contains 655,145.45 square feet. 94370.DOGbh 7 95-930/SJF/bh r' ,