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RES2862 FILED FOR RECORD AT REQUES] 01, OKICE OF THE CITY CLERK RENTON MUNICIPAL BLDG. 200 WALL AVE. SO. CITY OF RENTON, WASHINGTON REWON, WA 98055 RESOLUTION NO. 2862 A RESOLUTION OF THE CITY OF RENTON, WASHINGTON SEGREGATING ASSESSMENTS RE LID #314 VICINITY OF SW 27th WHEREAS the City of Renton has been requested to segregate certain assessments for Local Improvement District No. 314 as it relates to Parcels 67, 86 and 87; and WHEREAS the original assessment roll for LID #314 was approved June 11, 1984; and WHEREAS Parcels 67, 86, and 87 is legally described on Exhibit "A" attached hereto and made a part hereof as if fully set forth herein; and WHEREAS the amount of the original assessment for Parcel 67 was $322,875.75, and Cf� the amount of the original assessment for Parcel 86 was $10,625.82 and the amount of the C,_ original assessment for Parcel 87 was $33,648.43; and O M WHEREAS Parcel 67 has been segregated into two parcels, Parcel 67A, and 67B and O 0 WHEREAS Parcel 86 has been segregated into two parcels, Parcel 86A, and 86B and CV C?; WHEREAS Parcel 87 has been segregated into two parcels, Parcel 87A, and 87B and WHEREAS this action would segregate the assessments on the same basis as the original assessments; and WHEREAS parcels 67, 86 and 87 are legally described on Exhibit "A" incorporated herein and made a part hereof as if fully set forth herein; and WHEREAS this segregation will not jeopardize the security of the lien for such assessments or reduce the security for any outstanding Local Improvement District obligations payable from such assessment, NOW THEREFORE cn c, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO RESOLVE AS FOLLOWS: 0 W x SECTION I: The Finance Director of the City of Renton is ordered to segregate the original assessment on Parcels 67, 86, and 87 of LID #314 into amended Parcels 67A, 67B and 86A, 86B, and 87A, 87B as legally described in Exhibit "B" attached hereto with the tracts x x bearing the following assessments: 0 Parcel 67A - $ 79,800.19 Parcel 67B - $ 92,400.21 CU Parcel 86A - $ 2,626.24 m Parcel 86B - $ 3,040.92 Parcel 87A - $ 8,245.50 0 Parcel 87B - $ 9,700.39 N 01 RESOLUTION NO. 2862 SECTION 1I: 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 $30.00. SECTION IV: The City of Renton chooses to charge its reasonable engineering and clerical costs for this segregation in the total amount of$75.00. PASSED BY THE CITY COUNCIL this 26th day of August , 1991. Marilyn ersen, City Clerk CCC APPROVED BY THE MAYOR this 26th day of August , 1991. ti O ' 0 C=_ Q Earl Clymer, Mayor C\� Q; Approved as to fonn: +Lawrence J. Warren, City Attorney 1g/pa-r86 87/:'IDD/bh RESOLUTION NO. 2862 L.I.D. 314 EXHIBIT "A" Date of Original Assessment Roll June 11, 1984 Parcel 67 Date of Original Assessment Roll 6/11/84 Amount of Original Assessment: $322,875.75 Original Legal Description: SEC 25-23-04, Por of NE 1/4 of NE 1/4 Beg S 00-49-10 W 734.33 Ft & N 87-12- 59 W 20 Ft Fr NE Cor of Subd Th N 88-24-48 W 1027.60 Ft Th S 01-01-19 W 520.05 Ft. Th S 88-24-48 E 1029.43 Ft TAP 20 Ft Wly of E Ln of Subd Th N 00- 49-10 520.05 Ft to Beg. cc CY; (ZD~ Parcel 86 Amount of Original Assessment $10,625.82 ._ Original Legal Description: CD I � Sec 25-23-04, Por of GI 9 and Meader Henry DC #46 Beg S 00-49-10 W 734.33 C7 Ft & N 87-12-59 W 20 Ft Fr NE Cor of Sd G1 Th N 88-24-48 W 1027.60 Ft N 01- 01-19 E 30.10 Ft Th S 88-24-48 E 1027.48 Ft Th S 00-49-10 W 30.18 Ft to Beg. Parcel 87 Amount of Original Assessment $33,648.43 Original Legal Description: Sec 25-23-04, Por of GI 9 and Meader Henry DC #46 Beg S 00-49-10 W 180.01 Ft & N 87-12-59 W 20.01 Ft Fr NE Cor Sd GI Th S 00-49-10 W 524.14 Ft Th N 88-24-48 W 1027.48 Ft Th N 01-01-19 E 540.32 Ft Tap N 87-12-59 W Fr TPOB Th S 87-12-59 E 1026.07 Ft To TPOB 1g/par8687/MDD/bh RESOLUTION NO. 1862 L.I.D. 314 EXHIBIT"B" Proposed Parcel 67A Amount of Remaining Assessment: $79,800.19 New Legal Description: That portion of original parcel 67 as described on exhibit A lying within new Parcel 1 as legally described on exhibit"C" attached hereto. Proposed Parcel 67B Amount of Remaining Assessment $92,400.21 New Legal Description: That portion of original parcel 67 as described on exhibit A within new Parcel 2 as legally described on exhibit "D"attached hereto. Ig/par8687/MDD/bh RESOLUTION NO. 2862 L.I.D. 314 EXHIBIT"B" Proposed Parcel 86A Amount of Remaining Assessment: $2,626.24 New Legal Description: That portion of original parcel 86 as described on exhibit A lying within new Parcel 1 as legally described on exhibit "C" attached hereto. Proposed Parcel 86B Amount of Remaining Assessment $3,040.92 CC New Legal Description: C, 1�- Q That portion of original parcel 86 as described on exhibit A within new Parcel M2 as legally described on exhibit "D" attached hereto. Q cv Ig/par8687/MDD/bh RESOLUTION NO. 2862 L.I.D. 314 EXHIBIT "B" Proposed Parcel 87A Amount of Remaining Assessment: $8,245.50 New Legal Description: That portion of original parcel 87 as described on exhibit A lying within new Parcel 1 as legally described on exhibit "C" attached hereto. Proposed Parcel 87B Amount of Remaining Assessment $9,700.39 New Legal Description: That portion of original parcel 87 as described on exhibit A within new Parcel LC 2 as legally described on exhibit "D" attached hereto. 1 Ly �J ,Q /(^\1 0 Ig/par8687/MDD/bh RESOLUTION NO. 2862 L.I.D. 314 EXHIBIT"C" That portion of the northeast quarter of the northeast quarter of Section 25, Township 23 North, Range 4 East,W.M., in King County, Washington, described as follows: Commencing at the northeast corner of said Section 25; thence south 0049'10"west along the east line of said Section 25 a distance of 180.01 feet to an intersection with a line parallel with and 180 feet southerly, measured at right angles to the north line of said Section 25; thence north 87°1529"west parallel with said north fine 570.84 feet to the tate point of beginning; thence north 87°15'29"west 475.21 feet; thence south 1°01'19"west 1051.44 feet to the north margin of southwest 27th street; thence south 88°23'30" east along said margin 475.025 feet to a point which bears south 1°01'19"west from the true point of beginning; thence north 1°01'19" east 1042.04 feet to the true point of beginning. The above described parcel contains 497,201 square feet or 11.414 acres. C.0 O CJS O C? tom! C7; 44/par.8687/NIDD/bh RESOLUTION NO. 2862 L.I.D. 314 EXHIBIT"D" That portion of the northeast quarter of the northeast quarter of Section 25, Township 23 North, Range 4 East, W.M., in King County, Washington, described as follows: Commencing at the northeast corner of said Section 25; thence south 0°49'10"west along the east line of said Section 25 a distance of 180.01 feet to an intersection with a line parallel to and 180 feet southerly, measured at right angles to the north line of said Section 25; thence north 87'15'29"west parallel with said north line 20.00 feet to an intersection with a line parallel with and 20 feet westerly, measured at right angles to the east line of said Section 25 and the True point of beginning; thence south 0°49'10"west along said parallel line 1038.00 feet to a point of the northerly margin of southwest 27th street which lies on a curve having a radius point which bears south 8°27'30" west a distance of 954.99 feet; thence westerly along said curve and northerly margin through a central angle of 6°51'00" an arc length of 114.17 feet to a point of tangency thereon; thence north 88°23'30"west along said margin 440.46 CY"; feet; thence north 1'0 P19" east 1042.04 feet to a point which bears north 87'15'29" west �- from the true point of beginning; thence south 87°15'29" east 550.84 feet to the true point of C beginning. i G O The above described parcel contains 572,872 square feet or 13.151 acres. Q-= lg/par8687/MDD/bh RESOLUTION NO. 2862 1 ! i NEW DIVISION LINE i � J NEW PARCEL NEW PARCEL I I I 87A I i 878 I I NEIV PARCEL NEW PARCEL _888 1 ORIGINAL LID PARCELS 67, Se 2 87 �r�Q�GMhIi QGv'i�' i6 NEW PARCEL NEW PARCEL 67A I 678 I L-4 CC j I j cn I tii I I i q; !� i I I 1 I i I CITY OF RENTON DEPARTMENT OF PUBLIC WORKS SEGREGATION OF LID 314-67,86 AND 87 SW 27TH ST (NE 1/4 OF ]HE NE 1/4 OF SECTION 25-23-04) DESiC.EO- H0�WTE AUG 7, 1991 FkZ KAmE: I � DRAMN; H 0 D . i C_CKCD'. _ 1_=400' mn - i