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HomeMy WebLinkAboutLID 198708210843�� I-e,d -For i2ecord -x w Cn 0 • r-- , Cc SCTYVtJF 1ENTDN', "WAiii`il ORDINANCE NO. 3890 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, ORDERING THE WIDENING OF THE ROADWAY TO 56 FEET CURB TO CURB, CONSTRUCTION AND INSTALLATION OF CURBS AND GUTTERS, SIDEWALKS, STORM DRAINS, WATER LINES, STREET LIGHTS, TRAFFIC CONTROL AND OTHER NECESSARY APPURTENANCES IN THE VICINITY OF S.W. GRADY WAY FROM LIND AVENUE S.W. WEST TO THE GRADY WAY BRIDGE, RENTON, KING COUNTY, WASHINGTON, ALL IN ACCORDANCE WITH RESOLUTION NO. 2584 OF THE CITY COUNCIL OF THE CITY OF RENTON, ESTABLISHING LOCAL IMPROVEMENT DISTRICT NO. 330: PROVIDING ASSESSMENTS UPON PROPERTY IN SAID DISTRICT, PAYABLE BY THE MODE OF "PAYMENT OF BONDS", OR "NOTES" IN LIEU THEREOF AS DETERMINEDBY 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 #330) WHEREAS by Resolution No. 2854 passed and approved on December 17, 1984, the City Council of the City of Renton declared its intention to widen the roadway to 56 feet curb to curb, construct and install curbs and gutters, sidewalks, storm drains, water lines, street lights, traffic control and other necessary appurtenances in the vicinity of S.W. Grady Way from Lind Avenue S.W. west to the Grady Way Bridge, Renton, King County, Washington, and fixed January 14, 1985 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 -1- 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 aggregate actual valuation of the real estate, including twenty-five percent (25%) 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 specially benefited by the O 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. 330 was given in the manner provided by law, and said hearing was duly held on January 14, 1985 and continued to January 28, 1985 at the hour of 8:00 P.M. and the following protests having been filed and duly considered, to -wit: NAME OF PROTESTANT See attached list AT)nD7Q Q and said total protests not exceeding 35.14percent 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 -2- -City Cotitncil deYns 1 in the `best - iriferest o._a _ ... 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 widening of the roadway to 56 feet curb to curb, curbs and gutters, sidewalks, storm drains, water lines, street lights, traffic control and other necessary appurtenances thereto shall be installed and constructed in the vicinity of S.W. 0 Grady Way from Lind Avenue S.W. west to the Grady Way Bridge, Renton, e-4 King County, Washington, as more particularly described hereinbelow, X 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 described improvement where, in its judgment, it appears advisable, provided such modifications do not substantially alter the plan of -3- 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. 330 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 $574,300.00. The entire cost and expense of said improvement, including the cost a and expense of all engineering, legal, inspection, advertising, publication of notices and other expenses incidental thereto, shall ti be borne by and assessed against the property specially benefited by such improvement included in the Local Improvement District No. 330 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 widening of the roadway to 56 feet curb to curb and construction of curbs and gutters, sidewalks, storm drains, water lines, street lights, traffic control and other 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 -4- 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 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 ordered. Such warrants shall be payable out of said "Local Improvement Fund, District No. 330" to bear interest from the date thereof at Ma rate to be fixed hereafter and to be redeemed in cash, and/or by Local Improvement District bonds herein authorized to be issued, C�2 said interest -bearing warrants to be hereafter referred to as "revenue warrants". This exact form, amount, date, interest rate and Q 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 levied 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 -5- 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 M "Local Improvement Fund, District No. 330". Tr G� SECTION VII: There is hereby created and established in the Finance Director's office of the City of Renton, for Local Improvement Q District No. 330, a special fund to be known and designated as "Local Cx7 Improvement Fund, District No. 330". Into that fund shall be deposited the proceeds from the sale of revenue warrants drawn against said fund. Into that fund shall be deposited collections pertaining to assessments. Against that 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. a Me The'�y- 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 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 11th day of February, 1985. Maxine E. Motor, City Clerk APPROVED BY THE MAYOR this llth day of February, 1985. Barbara Y. Shinpoch, Mayor Approv d as to form Gti►�+Q�,..R Lawrence J. Warren, City Attorney Date of Publication: -7- ORDINANCE NO. 3890 -.__IVTTACHMENT LID #330 - VALID PROTE STANTS NAME OF OWNER (wMn KMwn)w.-:M — DESCRIPTION OF F REAL ESTATE dLf w 1N ADDITION M ►uT I _ SQUARE FEET IN SU_9DIVISION wr �i.d..;:- un wa �u.,,� a.i.w I •Nltlr I •Id.Nn� IId.M I •bLNn ♦a 2a 20 10 e 6Hmo1� {K�d CM Linear Ai�.uT.m Awwn,.nlp O'd' front CO - 6. -. - - 1'Puget Wes -tern Inc. I P.O. Box 868 Bellevue WA 9II009 - --------- - ---— --- F��4-�0. 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QF E r-- S I ,N L F11 L 1 2 WI - -- 35 M/l, )-----------�___._--- F SEC DAF_0fG NX- H E LN SO SUBD-,TH - -- -- FT TH NLY AT R//A TO 5LY LN PSE R/ - — - -- - - ---- --.. - - --- I L TO NXN 60 FT M/L F SW 1/4 S S 00-15 N 7"/4 OF fjE IT E SO SUE TH_ S_ 0 B SS BAAP ON E BNO _ OF NE 1/ OF STR 24-23-4 Wch 0 631.21 FT FR NE COR 0 1/4 OF SO SEC 24 TH S -- �- - - - - - --- - - - -1- -� - T -- -- - - -- --� - - r,----- - -- - -- ---- -- - --- - ---- --- - - --- --- --1 ----- --- -- - - 0 W ALG 5 BNORY LN OF P.S.E. /W*s 1 7:8L9 FT` TK-S-l4=T3-OO-E-- 9`FT-TH N 75-4p--O '-E-113 32-FT-TH -- M-15-30 r 11.54 FT70 POB-LESS PO Y SLY OF SR 406 8 SWLY- OF-DD #1 R W - -- II -- - 7-11 i Puget Sound Power 8 Light TCO 17-1336 _ Puget Power Bldg, A STRIP OF ADJOINING 1/4 OF STR LAN BN-R 24- It R/l�_IN 3-04 IATELY S OF 6 SE 1/4 OF NE OAF - BEG AT NXN _ 790 00 9 L00 -U Bellevue WA 98009 OF N MGN 0 24 AT A PT 5R WCH 1-L BRS 8 E _ MGN OF SO SEC N 00-25-00 W 1070 _ 4 -- _ FT FR E 1 /1 CO t OF SO SEC 24 TH S TH ON A CRV TO AN ARC DIST OF 81 75-47-00 W 431 6 Fr FT LFT RAD OF 578 - - - -- FT TH S 75 LN OF -SD-S 47- BD 0 W- CH IT BRS S 00-T5-30- - --- - - - ---- - -- --- - --� - -- -- 38.76-FT AP-- F-N W M N OF-S-MGN-LN-OF N'UF'SD-SUBD-TH- -AGN-OF--W BN-RR N-E-MGN-OF S0-SEC --- -- - --- -- --- - - -- - - -- - -- -- - --f-t- -- - -- - BIC-RR--R/W- -SD r)LG- FT --'AP- - - --"84.8 -- - -- -, --- -- -- NE-CMOF- 9. Z. FT -.TO LN-0!-T 336--- POS - BD- I rH-"0-2-r,-WE---- LES E.S POR- LY._ ELY- OF . E-- ROD-SLY- -- - -- -- -- 8. Holmes, Ka_rman.— LOTS 17 TH EARLINGTON U 3 BOCK 1-- 27 HILLMANS — — -- ,Renton 150 Capri Ave_ N.E. - -- WA 98056 GAR ENS —.—L_—_-- #1 LESS ST HWY —_ -- `— I - -- ORDINANCE NO. 3890 EXHIBIT "A" -PROPOSED L.I.D.- 330 S.W. Grady Way SCOPE OF WORK On S.W. Grady Way, from Lind Avenue S.W. westerly to Longacres Drive S.W. Widen road to 56 feet, curb to curb, install curbs and gutter, sidewalks, storm drains, water lines, sanitary sewer, street lights, traffic control and all other necessary appurtenances. ORDINANCE NO. 3890 EXHIBIT 'B' Proposed L.I.D. 330 SW Grady Way Boundry Description Beginning at a point being the intersection of the Sly boundry of SW Grady Way and the Wly margin of Lind Ave SW. Thence southerly along the Wly margin of said Lind Ave to the Nly margin of the alley between SW Grady Way and SW 12th St. Thence Wly along said Nly margin to the Wly margin of Raymond Ave SW. Thence southerly along said Wly margin to the Nly margin of Primary State Highway No. 1 (SR 405). Thence Wly along said Nly margin 1760 K' feet more or less to a jog in said Nly margin. Thence continuing along said G�J Q margin in a northerly direction to the south margin of SW Grady Way. Cat Thence Nally at right angles to said SW Grady Way to the Nly margin of SW Grady Way. Thence Wly along said Nly margin 385 feet more or less to the Wly line of a parcel shown as tax lot 64 on the King County Assessor's map Q of the NE 1/4 of Sec 24 TWP 23N R4 EWM. Thence N 0-21-58 W 202.21 feet more or less to a point on the south margin of the Puget Sound Power and Light Co. ROW. said ROW being the old Puget Sound Electric Railway ROW. Thence Ely along said ROW line to a point on said ROW line which lies S 75-47 W a distance of 117.89 feet from the E Line of the SW 1/4 of the NE 1/4 of Sec 24 Twp 23N R4 EWM. Thence S 14-13 E 19.0 feet. Thence N 75-47 E 113.32 feet to the E Line of the SW 1/4 of the NE 1/4 of Sec 24 Twp 23N R4 WEM. Thence N 0-50-22 E 138.78 feet along said E line to a point on the Nly margin of the Puget Sound Power and Light Co. ROW(old Puget Sound Electric Railway ROW). Thence N 77-27-30 E 1130 feet more or less to Ely margin of Thomas Ave SW. Thence north along said margin to the Sly margin of SW 10th St. Thence NEly along said Sly margin to the Wly margin of Lind Ave SW. Thence south along said Wly margin to the Nly margin of SW Grady Way. Thence SWly across SW Grady Way to the point of beginning. 47� -v'r 7VIlk 1 ar \ I O RD I igAN C E N.. EXHIBIT c I NN ,_• ' W 1J n j ' u ',} -; _ IkN � � iY. .��_ red I ' I•j'. J P. ll I L ���TTT11[llJl r j�j 1�' ! ' l�) (!I�s iIr Proposed L.I. D. 330 I'' - �� GRADY WAY I I 11 ;t tf si ---Its:.