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HomeMy WebLinkAboutORD 3402 CITY OF RENTON, WASHINGTON ORDINANCE NO. 3402 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, APPROVING AND CONFIRMING THE ASSESSMENTS AND ASSESSMENT ROLL OF LOCAL IMPROVEMENT DISTRICT NO. 302 FOR THE IMPROVEMENT OF CERTAIN STREETS INCLUDING GRADING AND DRAINING, TOGETHER WITH CURBS, GUTTERS, SIDEWALKS, STREET LIGHTS AND UNDERGROUND UTILITIES ON A PORTION OF LIND AVENUE S.W. LYING BETWEEN S.W. 16TH STREET AND S.W. 43RD STREET, S.W. 34TH STREET AND S .W. 41ST STREET LYING BETWEEN LIND AVENUE S .W. AND EAST VALLEY ROAD BY DOING ALL WORK NECESSARY IN CONNECTION THERE- WITH; LEVYING AND ASSESSING THE AMOUNTS THEREFOR AGAINST THE SEVERAL LOTS, TRACTS, PARCELS OF LAND AND OTHER PROPERTY AS SHOWN ON THE ASSESSMENT ROLL AS CONFIRMED BY THE CITY COUNCIL; AND PROVIDING FOR THE PAYMENT OF SUCH ASSESSMENTS INTO THE LOCAL IMPROVEMENT FUND, DISTRICT NO. 302 OF THE CITY OF RENTON, WASHINGTON, AS CREATED BY ORDINANCE NO. 3202. WHEREAS the assessment roll levying the special assessment against the property located in Local Improvement District No. 302 generally described as in the vicinity of Lind Avenue S.W. lying between S.W. 16th Street and S.W. 43rd Street, S.W. 34th Street and S.W. 41st Street lying between Lind Avenue S.W. and East Valley Road, Renton, King County, Washington, created under Ordinance No. 3202 dated March 13 , 1978 , 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 such 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 February 25, 1980, at the hour of Section I. The following adjustments are hereby made on the assessments and assessment roll of Local Improvement District No. 302 : Parcel No. and Original Adjusted Property Owners Description Assessment Assessment Parcel No. 27 Jack A. Benaroya Co The E 160 ft. of the folg; T1 12 Sec 31-23-5 NW 1/4 of $347892.79 $346,339.23 - 1553.56 NW 1/4 less W 10 ft less County Rd Section II. The assessments and assessment roll of Local Improvement District No. 302 which has been created and established for the purpose of paying the cost of constructing and installing certain street improvements as more particularly described in Ordinance No. 3202 and all in accordance with such ordinance, be and the same are hereby in all things approved and confirmed after the adjustments referred to in Section I hereof have been made, so that the total amount of the assessments and assessment roll of such Local Improvement District is in the sum of $ 6,058,822.92 Section III. Each of the lots, tracts, parcels of land and other property shown upon such assessment roll is hereby determined and declared to be specially benefited by such 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 -3- - 1 balance, shall be collected. Any installment not paid prior to expiration of the thirty-day period during which the installment is due and payable shall thereupon become delinquent. All delinquent installments shall be subject to a charge of interest at the rate hereinabove set forth and for an additional charge of 8-1/2% penalty levied upon both principal and interest due upon such installment or installments. The collection of such delinquent installments shall be enforced in the manner provided by law. Section V. 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 the Local Improvement Fund, District No. 302, of the City of Renton as created by Ordinance No. 3202 and shall be used solely for the purpose of paying the principal and interest on the warrants and bonds drawn upon or issued against such fund. Section VI. This ordinance shall be effective upon its passage, approval and five days after its publication, unless otherwise provided for hereinabove. PASSED BY THE CITY COUNCIL this 3rd day of March, 1980. DELORES A. MEAD, C y Clerk APPROVED BY THE 14AYOR this 3rd day of March, 1980. au Barbara Y. Shi poch, Mayor Approved as to form: Lawrence J.--W ren, City ., Attorney Date of Publication: March 7, 1980 -5-