HomeMy WebLinkAboutORD 3856 Amended by Ordinance No. 4074 ,
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MIci ( l31d. CITY OF RENTON, WASHINGT'
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,zoo Av ue ORDINANCE NO. 3856 `-: .. :�><::�:1;Y, 0:f
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AN ORDINANCE OF THE CITY OF RENTON, WASHINGTO.I�p
ORDERING THE CONSTRUCTION AND INSTALLATION Of ,_ -
CURBS AND GUTTERS , SIDEWALKS , STREET LIGHTIN& n_i s.
SIGNALS, UTILITY ADJUSTMENTS , STORM DRAINS AND—''
ALL NECESSARY APPURTENANCES THERETO ON S .ST. FROM TALBOT RD. S . TO SR 167 , RENTON, KI1NP;:1,LL"..
COUNTY, WASHINGTON ALL IN ACCORDANCE WITH
RESOLUTION NO. 2566 OF .THE CITY COUNCIL OF THE, :,,
CITY OF RENTON; ESTABLISING LOCAL IMPROVEMENT ;--n
DISTRICT NO. 329 ; 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 REDEEMABLE IN CASH AND LOCAL IMPROVEMENT
DISTRICT BONDS OR NOTES (LID #329)
WHEREAS by Resolution No. 2566 passed and approved on
August 27 , 1984 , the City Council of the City of Renton .declared
its intention to construct and install curbs and gutters, sidewalks ,
street lighting, signals, utility adjustments, storm drains . and all
necessary appurtenances thereto on S . 43rd St. from Talbot Rd. S .
to SR 167 , Renton, King County, Washington, and fixed October 1 ,
1984 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
proposed improvement, description of the boundaries of the District,
a statement of what portion of the cost 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
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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
proposed improvement showing thereon the lots, tracts, parcels of
land, and other property which will be especially benefited by the
proposed 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. 329 was given in the manner provided by
�. law, and said hearing was duly held by the City Council at its regular
meeting on October 1, 1984 at the hour of 8 : 00 P.M. and the
following protests having been filed and duly considered, to-wit:
NAME OF PROTESTANT ADDRESS
None
and said total protests not exceeding 0 percent of the total
cost bearing owners within said District; and
WHEREAS at said hearing the City Council has given due
consideration to the special benefits to be reached from such
proposed improvement by all of the properties to be included within
the proposed 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
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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 curbs and gutters, sidewalks,
street lighting, signals, utility adjustments, storm drains and
all necessary appurtenances thereto shall be installed and
constructed in the vicinity of. S . 43rd St. from Talbot Rd. S . to SR
167 , Renton, King County, Washington, as more particuarly described
hereinbelow, to-wit:
See Exhibit "A" attached hereto and made a part hereof
ej as if fully' set forth herein.
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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
described 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 .
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SECTION II : There is hereby established and created a
Local Improvement District to be called "Local Improvement District
No. 329 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
improvement is hereby declared to be approximately $ 500 , 000 . 00
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 improvement included in the Local Improvement District No. 329 .
C 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 curbs and gutters , sidewalks,
street lighting, signals, utility adjustments, storm drains and all
necessary appurtenances 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 assessment shall be made
against the property of the District in accordance with such methods .
All property included within the limits of the Local Improvement
District above created shall be considered to be the property specially
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benefited by such Local Improvement and shall be the property to be
assessed to pay the cost and expense thereof as hereinbove specified.
SECTION V: Local Improvement District warrants shall
be issued in payment of the cost and expense of the improvement herein
ordered. Such warrants shall be payable out of said "Local
Improvement Fund, District No. 329" 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
economically 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 responsible
under penalty of forfeiture, foreclosure or default, the assessment levies
for the L. I .D. may be deferred until a time previous: to the termination
of the L. I .D. 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 disadvantaged 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.
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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. 329" .
SECTION VII: There is hereby created and established in
the Finance Director ' s Office of the City of Renton, for Local
O Improvement District No. 329 , a special fund to be known and designated
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as "Local Improvement Fund, District No. 329" 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 improvement.
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 reserves the right to issue, in ' lieu
of bonds and warrants in payment of the cost and expense of the
aforesaid Local Improvement District, installment 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
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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 represent
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 22nd day of October, 1984 .
0 Maxine E. Motor
APPROVED BY THE MAYOR this 22nd day of October, 1984 .
Barbara Y .Shinp ch, Mayor
Approved as to form:
L wrence J. W ren, City Attorney
Date of Publication: October 26 , 1984
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EXHIBIT "A"
Ordinance No. 3856
LID #329
Improvements to S. 43rd Street from Talbot Road South to Bridge over SR 167,
by widening the roadway to seven lanes and the installation of curbs and gutter,
sidewalks, utility adjustments, acquisition of necessary right-of-way, easements,
signal installations, channelization, street lighting, paving and all necessary
appurtenances.
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EXHIBIT "B"
ordinance No. 3856
LID #329
A parcel of land situate in the east half of Section 30 Township 23 -North
Range5 east, of the Willamette Median more particularly described as follows:
All of the plat of One Valley Place as recorded in Volume 125 .pages _40 and 41 ,
TOGETHER with Parcel C of Renton Short Plat 213-78 as recorded under Auditor's
File No. 7812149018;
TOGETHER with S. 43rd St. from the east Right-of-Way margin of Primary State
Highway No. 5 (SR 167) to the west Right-of-Way margin of Talbot Road S. (Spring-
brook Road).
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