HomeMy WebLinkAboutRES 2635 CITY OF RENTON, WASHINGTON
RESOLUTION NO. 2635
A RESOLUTION OF THE CITY OF RENTON, WASHINGTON
SEGREGATING ASSESSMENTS RE LID #314
WHEREAS the City of Renton has been requested to segregate
certain assessments for Local Improvement District No. 314 as it
relates to parcels 24 and 26 ; and
WHEREAS the original assessment roll for LID #314 was approved
June 11, 1984 ; and
WHEREAS Parcels 24 and 26 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 assessment for Parcel 24 was
$102 , 532 . 78, and the amount of the original assessment for Parcel
26 was $136,645.76 ; and
WHEREAS Parcel 24 has been separated into two parcels with one
parcel remaining Parcel 24 and the second parcel becoming a part of
Parcel 26 ; and
WHEREAS this action would segregate the assessments on the same
basis as the original assessments; and
WHEREAS segregated parcels 24 and 26 are legally described on
Exhibit "A" incorporated herein and made a part hereof as if fully set
forth herein; and
WHEREAS this segregation will not jeopardize the security of
the lien for such assessments or reduce the security for any outstanding
RESOLUTION NO. 2635
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 Director of the City of Renton is
ordered to segregate the original assessments on Parcels 24 and 26
of LID #314 into amended Parcels 24 and 26 as legally described in
Exhibit "B" attached hereto with the tracts bearing the following
amended assessments:
Parcel 24 - $43 ,523 .08
Parcel 26 - $179 ,710 .24
SECTION II: The total of these segregated assessments equal
the total unpaid assessment before segregation and if that should not
be, then each assessment will be increased proportionately until
the sum of the two will total the unpaid assessment before segregation.
SECTION III: As part of the segregation, the Finance Director
of the City of Renton will collect a fee of $10 .00 for each tract
for which segregation was made for a total of $20 .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 .
PASSED BY THE CITY COUNCIL this 3rd day of February, 1986.
Maxine E. Motor, City Clerk
APPROVED BY THE MAYOR this 3rd day of February, 1986 .
4
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Barbara Y. ST Poch, Mayor
proved as to form
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Lawrence J. Wren, City Attorney _ 2
RESOLUTION NO. 2635
L.I .D. #314
EXHIBIT "A"
Date of Original Assessment Roll June 11 , 1984
PARCEL #24
Amount of Original Assessment $102,532.78
Original Legal Description:
Parcel "B" of the City of Renton Short Plat No. SP 379-79 recorded under
King County recording #7909249002; also known as Lot 2, Block 1 , Burlington
Northern Orillia Industrial Park of Renton, Division I, as recorded in
Volume 108 of Plats, Pages 12 and 13, Records of King County, Washington
less the North 170.0 feet.
PARCEL #26
Amount of Original Assessment $136,645.76
Original Legal Description:
Lot 3, Block 1 , Burlington Northern Industrial Park of Renton, Division I
as recorded in Volume 108 of Plats, Pages 12 and 13, Records of Kina County,
Washington.
y RESOLUTION NO. 2635
L.I .D. #314
EXHIBIT "B"
PROPOSED PARCEL #24
Amount of Remaining Assessment $ 43,523.08
New Legal Description:
Lot A of City of Renton Lot Line Adjustment 013-85 recorded under King County
recording #8511069006; also known as the South 240.0 feet of the North 410.0
feet of Lot #2, Block 1 , Burlington Northern Orillia Industrial Park of
Renton, Division I , as recorded in Volume 108 of Plats, Pages 12 and 13,
Records of King County, Washington.
PROPOSED PARCEL #26
Amount of Remaining Assessment $179,710.24
New Leqal Description:
Lots #2 and #3, Block 1 , Burlington Northern Orillia Industrial Park of Renton
Division I , as recorded in Volume 108 of Plats, Pages 12 and 13, Records of
King County, Washington. LESS the North 410.0 feet of Lot #2, Block 1 of said
plat.