HomeMy WebLinkAboutORD 3747 f
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CITY OF RENTON, WASHINGTON
ORDINANCE N0. 3747
AN ORDINANCE OF THE CITY OF RENTON,WASHINGTON,
APPROVING AND CONFIRMING THE ASSESSMENTS AND
ASSESSMENT ROLL OF LOCAL IMPROVEMENT DISTRICT NO .
320 FOR THE CONSTRUCTION .AND INSTALLATION OF WATER
MAINS , HYDRANTS AND APPURTENANCES IN THE VICINITY
OF N. E . 27TH STREET BETWEEN EDMONDS AVENUE N. E .
AND DEVILS ELBOW, RENTON, KING--COUNTY, WASHINGTON,
BY DOING ALL WORK NECESSARY IN CONNECTION THEREWITH,
LEVYING AND ASSESSING
THE AMOUNTS THEREFOR AGAINST
THE SEVERAL LOTS , TRACTS , PARCELS OF LAND AND OTHER
PROPERTY AS SHOWN ON SAID ASSESSMENT ROLL AS
CONFIRMED BY THE CITY COUNCIL; AND PROVIDING FOR
THE PAYMENT OF SUCH ASSESSMENTS INTO THE LOCAL
IMPROVEMENT FUND, DISTRICT NO . 320 OF THE CITY OF
RENTON, WASHINGTON AS CREATED BY ORDINANCE NO.
3559 .
WHEREAS the assessment roll levying the special assessment
against the property located in Local .Improvement District No . 320 ,
generally described as construction and installation of water mains ,
hydrants and appurtenances in the vicinity of N. E. 27th Street between
Edmonds Avenue N.E. and Devils Elbow, Renton, King County, Washington
created under Ordinance No . 3559 , dated July 6 , 1981 has been filed
with the City Clerk of the City of Renton, Washington by the Director
of Public Works , as provided by law; and
WHEREAS due notice of the time and place of hearing thereon
and making objections and protests to said roll was duly published at
and for the time and in the manner provided by law, fixing the time
and place of hearing thereon for September 12 , 1983 at the hour of
8 : 00 P .M. in the City Council Chambers , City Hall , Renton, Washington,
and due notice thereof was timely mailed by the City Clerk to each
property owner shown on said roll as provided by law and as further
specified in RCW 35 . 44. 090 and said hearing having been duly held as
aforesaid; and
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WHEREAS at the time and place fixed and designated in said
notice , said hearing on said assessment roll resulted in the
following protests and/or objections , as received by the City Clerk
prior to , at and during said public hearing, to-wit :
NAME OF PROTESTING PARTY ADDRESS LEGAL DESCRIPTION
None
and the City Council having duly considered said assessment roll together
with the written protests and objections filed in connection therewith,
as aforestated, and having duly considered said protests , and the City
Council sitting and acting as a Board of Equalization for the purpose
of considering the roll , benefits to be received by each lot , parcel
and tract of land shown upon said roll , including the increase and
enhancement of the fair market value of each such parcel of land by
reason of said improvement;
NOW THEREFORE , THE CITY COUNCIL OF THE CITY OF RENTON,
WASHINGTON, DO ORDAIN AS FOLLOWS :
SECTION I : That the assessments and assessment roll of
Local Improvement District No. 320 which has been created and established
for the purpose of paying the cost of construction and installation of
certain water mains , hydrants and appurtenances thereto , and all as
more particularly described in Ordinance No . 3559 , further reference
hereby had thereto , and all in accordance with said Ordinance , be and
the same is hereby in all things approved and confirmed, so that the
total amount of the assessments and assessment roll of said Local
Improvement District is in the sum of $ 21, 381 . 85 .
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SECTION II : That each of the lots , tracts , parcels of land
and other property shown upon said assessment roll is hereby determined
and declared to be specially benefited by said improvement in at least
the amount charged against the same , and the assessments appearing
against the same are in proportion to the several assessments appearing
upon said roll . There is hereby levied and assessed against each lot ,
tract or parcel of land, or other property appearing upon said roll ,
the amount finally charged against the same thereon.
SECTION III : That the assessment roll as approved and
confirmed shall be filed with the Director of Finance for collection
and said Director of Finance is hereby authorized and directed to
publish notice as required by law, stating that said roll is in his
hands for collection and that payment of any assessment thereon or any
portion of said assessment can be made at any time within thirty days
from date of first publication of said notice, without penalty,
interest or cost and that thereafter the sum remaining unpaid may be
paid in ten equal annual installments with interest thereon fixed at an
estimated rate of 10 1b per annum, except that if the net effective
interest rate fixed on the local improvement bonds hereafter issued
for Local Improvement District No . 320 is other than 10 %, the
interest rate on the unpaid assessments shall be revised to a rate of
1/2 of 1% in excess of the net effective interest rate on such bonds ,
such rate to be fixed hereafter by ordinance. The first installment
of assessments on the assessment roll shall become due and payable
during the thirty day period succeeding the date one year after the date
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of the first publication by the Director of Finance of notice that the
assessment roll is in his hands for collection and annually thereafter
each succeeding installment shall become due and payable in like
manner. If the whole or any portion of the assessments remain unpaid
after the thirty day period, interest upon the whole unpaid sum shall
be charged at the rate as determined above , and each year thereafter
one of the installments , together with interest due on the unpaid balance,
shall be collected. Any installment not paid prior to the expiration of
the thirty day period during which such installment is due and payable
shall thereupon become--delinquent. All delinquent installments shall
be subject to a charge for interest at the rate specified above and for
an additional charge of l0 % penalty levied upon both principal
and interest due upon such. installment or installments . The collection
of such delinquent installments will be enforced in the manner provided
by law.
SECTION IV: All of such assessments or installments thereof
and interest and penalty, if any thereon, when collected by the Director
of Finance shall be paid into Local Improvement Fund, District No .
320 , of the City of Renton as created by said Ordinance No . 3559,
and shall be used solely for the purpose of paying the principal
and interest on the warrants and bonds drawn upon or issued against
said Fund, or in case no bonds have been issued, then in payment of
any installment note or notes as provided for in RCW 35 . 45 . 150 as
may be determined by the City Council of the City of Renton.
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SECTION V: This Ordinance shall be effective upon its
passage , approval and five days after publication.
PASSED BY THE CITY COUNCIL this 19th day of September, 1983 .
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Maxine E. Motor, City Clerk
APPROVED BY THE MAYOR this 19th day of September, 1983 .
Barbara Y. Shinpoch, Mayor
Approved as to form:
Lawrence J. W en, City Attorney
Date of Publication: September 23, 1983
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