HomeMy WebLinkAboutRES 2640 �9
CITY OF RENTON, WASHINGTON
RESOLUTION NO. 2640
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 Parcel 23 ; and
WHEREAS the original assessment roll for LID #314 was approved
June 11, 1984; and
WHEREAS Parcel 23 is legally described on Exhibit "A" attached
hereto and made a part hereof as if fully set f.orth herein; and
WHEREAS the amount of the original assessment for Parcel 23 was
$152 ,947 .81, which assessment has now been paid down to the sum of
$142 , 751 .29 ; and
WHEREAS Parcel 23 has been separated into two parcels, Parcel
23A and 23B; and
WHEREAS Parcels 23A and 23B are legally described on Exhibit "B"
attached hereto and incorporated herein as if fully set forth; and
WHEREAS this segretation will not jeopardize the security of the
lien for such assessment 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 Director of the City of Renton is ordered
to segregate the original assessment on Parcel 23 of LID #314 between
Parcels 23A and 23B as legally described in Exhibit "B" attached
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RESOLUTION .NO. .2640
hereto with the tracts bearing the following assessments:
Parcel 23A - $ 73,873 .79
Parcel 23B - $ 68 ,877 .50
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 21st day of April, 1986 .
Maxine E. Motor, City Clerk
APPROVED BY THE MAYOR this 21st day of April, 1986 .
&4W C, SSU-Lpack
Barbara Y. Shinpoch, Mayor
Approved as to form:
Lawrence- J. W en, City Attorney
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RESOLUTION NO. 2640
L.I.D. 314
Parcel 23
Exhibit A:
Date of Original Assessment Roll 6 1 L/8 4
Amount of Original Assessment: $152,947.81
Original Legal Description:
Lot 1, Block 1, Burlington Northern Orillia Industrial
Park of Renton, Division 1, according to Plat thereof
recorded in Volume 108, page 13, of Plats Records of
King County, Washington.
Exhibit 8:
Proposed Parcel 23A:
Amount of Remaining Assessment: $ 73,873.79
New Legal Description:
The south 375 feet of Lot 1, Block 1, Burlington Northern
Orillia Industrial Park of Renton, Division 1, according
to Plat thereof,recorded in Volume 108 of Plats, page 13,
records of King County, Washington.
Proposed Parcel 23B:
Amount of Remaining Assessment: $ 68,877.50
New Legal Description:
Lot 1, Block 1, Burlington Northern Orillia Industrial
Park of Renton, Division 1, according to Plat thereof
recorded in Volume 108 of Plats, page 13, records of
King County, Washington, EXCEPT the south 375 feet
thereof.
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