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HomeMy WebLinkAboutORD 3559 CITY OF RENTON , WASHINGTON ORDINANCE N0 . 3559 AN ORDINANCE OF THE CITY OF RENTON , WASHINGTON OR- DERING THE CONSTRUCTION AND INSTALLATION OF WATER MAINS AND HYDRANTS , TOGETHER WITH ALL NECESSARY APPURTENANCES THERETO IN THE VICINITY OF N . E . 27TH STREET BETWEEN EDMONDS AVLNUE N . E. AND DEVILS ELBOW, RENTON , KING COUNTY , WASHINGTON , ALL IN ACCORDANCE WITH RESOLUTION NO. 2390 OF THE CITY COUNCIL OF THE CITY OF RENTON ; ESTABLISHING LOCAL IMPROVEMENT DIS- TRICT NO. 320 ; PROVIDING ASSESSMENTS UPON PROPERTY IN SAID DISTRICT; PAYABLE BY THE MODE OF "PAYMENT OF BONDS" , OR "NOTES" IN LIEU THEREOF AS DETERMINED BY THE CITY COUNCIL; PROVIDING FOR THE ISSUANCE AND SALE OF LOCAL IMPROVEMENT DISTRICT WARRANTS REDEEM- ABLE IN CASH AND LOCAL IMPROVEMENT DISTRICT BONDS OR NOTES. WHEREAS by Resolution No . 2.390 passed and approved on April 13 , 1981 , the City Council of the City of Renton declared its intention to construct and install water mains , hydrants , together with all necessary appurtenances thereto in the vicinity of N. E. 27th Street between Edmonds Avenue N . E. and Devils Elbow, Renton , King County , Washington , and fixed the 18th day of May , 1981 , in the City Council 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 of Public: Works has caused an estimate to be made of the cost and expense of the proposed improvements and has certified said estimate to the City Council , together with all papers , data , and information in his possession relating to the pro- posed improvement , description of the boundaries of the District , a statement of what portion of the coat and expense should be borne by the properties within the proposed District , a statement in detail of the Local Improvement assessment outstanding or unpaid against the property in the proposed District , and a statement of the aggregate actual valuation of the real estate , including twenty- five percent ( 250)) of the actual valuation of the improvements in the proposed District , according to the valuation last placed upon it for the purpose of general taxation ; and WHEREAS said estimate is accompanied by a diagram of the pro- posed improvement showing thereon the lots , tracts , parcels of land , and other property which will be especially benefited by the propos- ed 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 Local Improvement District No . 320 was given in the mariner provided by law, and said hearing was duly held by the City Council at its regular meeting on May 18, 1981 at the hour of 8 : 00 P. M . , and continued to June 15 , 1981 , and the following protests having been filed and duly considered , to-wit : NAME OF PROTESTANT ADDRESS Clarence Jones 2625 N . E . 27th Street Renton , Washington 98055 and said total protests not exceeding 47.26 percent of the total cost bearing owners within said District ; and WHEREAS at said hearing the City Council has given due consid- eration to the special benefits to be received from such proposed improvement by all of the properties to be included within the pro- posed 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 , WASHINGTON , DO ORDAIN AS FOLLOWS: SECTION I : The following water mains , hydrants , and all necessary appurtenances thereto shall be installed and constructed in the vicinity of N. E. 27th Street between Edmonds Avenue N. E. and Devils Elbow, Renton , King County , Washington , as more particularly described hereinbelow, to-wit : See Exhibit "A" attached hereto and made a part hereof as if fully set forth herein . and there shall be included in the foregoing the acquisition and installation of all necessary pipes , manholes , valves , fittings , couplings , connection equipment and appurtenances , together with the acquisition of any easements , rights-of-way and land that 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 des- cribed 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 prepared by the Director of Public Works . SECTION II : There is hereby established and created a Local Improvement District to be called "Local Improvement District No . 320 of the City of Renton , Washington" , the boundaries of such Local Improvement District being described as follows : See Exhibit "B" attached hereto and made a part hereof as if fully set forth herein . SECTION III : The estimated cost and expense of said improve- ment is hereby declared to be approximately $22, $25.01 . The entire cost and expense of said improvement , including the cost and expense of all engineering , legal , inspection , advertising , publication of notices and other expense incidental_ thereto , shall be borne by and assessed against the property specially benefited by such improve- ment included in the Local Improvement District No . 320 established , embracing , as near as may be , all property benefited by such improvement . SECTION IV : The nature of the improvement provided for herein is such that the special benefits conferred upon the property are fairly reflected for construction of water mains and hydrants and all necessary appurtenances thereto to be done on the front footage basis , but adjusted for work needed for special conditions such as filling and bringing to grade , such cost to be assessed to the abutting property owner on the basis of the actual cost of the special work ; and it is hereby provided and ordered that the assess- ment shall be made against the property of the District in accord- ance with said methods . 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 thereof as hereinabove specified . SECTION V : Local Improvement District warrants shall be issued in payment of the cost and expense of the improvement herein order- ed . Such warrants shall be payable out of said "Local Improvement Fund , District No . 320" to bear interest from the date thereof at a rate to be fixed hereafter and to be redeemed in cash , and/or by Local Improvement District bonds herein authorized to be issued , said interest-bearing warrants to be hereafter referred to as "revenue warrants" . The exact form , amount , date , interest rate and denomination of said warrants and bonds shall be hereafter fixed by Ordinance of the City Council . For those persons found by the City of Renton to be economic- ally disadvantaged property owners , or other persons who , under the terms of a recorded contract of purchase , recorded mortgage , recorded deed of trust transaction , or recorded lease are respons- ible under penalty of forfeiture , foreclosure or default , the assessment levied for the L . I . D. may be deferred until a time previous to the termination of the L. I . D. District under terms acceptable to the City and upon assurance of proper security for the payment of such assessments . Such deferral shall not survive the termination of the ownership of interest of the economically dis- advantaged property owner or person to whom the deferral was granted and it shall likewise not survive the sale , transfer or other action which either terminates the possessory interest of such property owner or person or which turns the property into investment , rental or lease property . SECTION VI : All the work necessary to 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 shall include a statement that payment for said work will be made in cash warrants drawn upon the "Local Improvement Fund , District No . 32011 . SECTION VII : There is hereby created and established in the Finance Director ' s Office of the City of Renton , for Local Improve- ment District No . 320 , a special fund to be known and designated as "Local Improvement Fund , District No . 320" , 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 and 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 reserve:-- the right to issue , in lieu of bonds and warrants in payment of the cost and expense of the afore- said Local Improvement District , inst;all.ment note or notes payable out of the Local Improvement District Fund , pursuant to RCW 35 . 45 . 150 , whenever such note or notes are sold exclusively to another fund of the City as an investment thereof, and as further provided by law. Such installment note or notes may be of any denomination or denominations , the aggregate of which shall re- present the balance of the cost and expense of the Local Improvement District which is to be borne by the property owners therein , and as further provided by law. PASSED BY THE CITY COUNCIL this 6tli day of July , 1981 . Maxine- E. Motor, Deputy--City Clerk APPROVED BY THE MAYOR this `(,1 i, _ day of July, 1981 . Barbara Y. SH'inpoch , ayor Approved as to form : Lawrence J ..�en , City Attorney Date of Publication : JuLy 10,1.98.1., (Summary Form) EXHIBIT "A" Pipe Description L.I.D. /320 Ordinance No. 3559 8" Pipe In N.E. 27th St. From a point 345' E. of Edmonds Avenue easterly a distance of 376' . EXHIBIT "s" Legal Description of Boundary Water L. I.D. + 320 Ordinance No. 3559 The easterly 370.71 feet of the westerly 741 .42 feet of that portion of Government Lot 4, within the N.W. 1/4 of the N.W. 1/4 of Section 4, Township 23 North, Range 5 East, W.M. ; lying southerly of N.E. 27th Street (S.E. 97th Street) (C.M. Monohan County Road #368) ; LESS the southerly 293 feet. 1 WATER L . I. D. N0. 320 r _ N. E. 27_ th ST. NORTH W 340'f W Z JESWINE j L.1. D. BOUNDARY Q JONES c6o,ioo . SWEENEY A ,O EASTERLIN Z = T1ew prv�o5ed�Jaftr(PIC 0 JESWINE �S 4.1 2 85 266 i7o. 7/" A I � 4•?3 5�) `%MK4," � i V