HomeMy WebLinkAboutORD 2446 �' r�' F i t �r � i r 1 � �
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ORD�ATANQE N0. ��1�`. �`
AN ORDIN,ANCB OF THE CITY OF RENTON, WASHINGTON, ORDERIIdG
T�iE �NSTRUCTION AND INSTALI.ATION OF CERTAIN WATER MAxNS
AND tiPPURTENANCES ?HERETO IN THE VICINYTY OF EAST V�,LLEY
HIGHWAY AND SOUTH 180TH STREET, ALL IN ACCORDANCE WITH
RESOLUTION N0. I576 OF TH8 CITY COt1NCIL OF THE CITY OF
RSNTON, 47ASHINGTON; ESTABLISflIP1G LOGAL IMPROVEMELQT DISTRICT
N0. 260, PROVIDII�G TEIE METI�D OF ASSESSMEI+�T IN SAID DISTRICT;
PROVIDING THAT PAYMEDiT FOR SAID IMPImVEMEATTS BB MADE BY
SPSCIAL ASSFSSMENTS UPON PRUYERTY IN SAID DISTRICT, PAYAffi.E
$Y THE 1+�ODE OF "PAYMENT BY BONDS" OR NOTES ZN LIEU THEREOF
AS DETERMINED BY THE CITY COUNCII; PRDVI1�iG FOR TAE ISSUANCE
AND SALB OF LOCAL IMPROVEMENT DISTRICT WARRANTS REDEEMABLE
IAT C�,SH AND LOCAL 3MPROVEMENT DISTRICT BONDS OR NOTES. �
WBERBAS by Resolution No. 1576 adopted October T, 1968, the City Couacil '
ru and tall certain water
of the City of Reaton declared its iatentioa to const ct ius
mafas and appurtenances Chereto. within certain territory in the a3ciaity of the i
Bast Valley Highway and South 180th Street as hereinafter more particularly described, I,
as�d fi�ad the 18th day of November, 196�, in the City Council Chambers, City Hall, &enton,
Washington, as a time and place for hearing a21 matters relating to said proposed
improvements aud all objectious thereto and for determiniag the method of payment for
said improvemenCs; and
WBEREAS Jack Wiison, City Engiaeer, has caused an estimate to be made o� the
cost and expense of the proposed improvement and has certified said estfmate to the
City Council, together with all papers, data a�d iaformation in his possession relatiag 'i
to the prpposed improvemeat, description of the boundaries of the District, a atatement I
of what portion of �he cost ac�d expeuse should be borne by the properties withia the
proposed District, a statement in detail of the Loca 1 Improvement assessmeats outsCandiag
or unpaid against Lhe property in the proposed DisCrict, and a statemeat of ihe actual
vaZuation of the real estate, including twenty five per ceat (25�) of the actual valuatiou
of the improvements in the proposed Districe, accouH.n$ to the valuation last placed upoa
it for the purpose o€ geaeral taxaCioa and
WHEREAS said estimate is accompanied by a diagram of the proposed improvement
showing thereoa the lots, tracts and parcels of land and other properCy w6ich will be
specially beneffted by the proposed improvement, the estimated amouat of Lhe cost and
expense thereof tobe borae by each lo�, tract, or parcel of land or other property �
within said District; and
WBEREAS due notice of the hearing upon said Reslution No. 1575 was given in
the maaner provided by Iaw, and said heariag was duly held by the City Couacil at its
regular meeting on November 18, i968, at the hour of 5:00 P.M., and ao written or oral
protests of any kind having been filed with the City Council by that time, sad
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WHEREAS at said hearing the City Council has given due consideration to the ,
special benefits Co be received from such proposed improvemeat by a11 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 sad of
t�xe owners of the property withia the proposed Local Improvement District thaC said
im rovemen as here'na e
p t z fter i scriLed be csrriefl �ut, sil that a L�cal I��r�vtaent
Dis�*-ict be created in connectioa therewith; NOW THEREFORE
BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL �7F THE CITY OF RENTON AS
IDOLLOWS:
SECTION I: The following water mafns and appnrtenances thereto shall be
constructed and installed in the vicinity of East Valley Highway and South 180th Street
as follows:
Avprox. size of line on From To
12" D.I. (Class II) East Valley Highway 44 feet South of center A point 5,328 ft.
(92nd tLvenue South) line of South 180th St. NorCh of ceater
line af So. 1vOth
Street
20" O.D. Steel Casing East Valley Highway 60' So. of ceater 60' N�rth of center
(92nd E:venue South) line o# Orillia line of Orillis
Interchaage Ramp Interchange Ramp
a�d there shall be included in the foregoing the acquisition and installation of all
necessary pipes, va2ves, fittings, eouplings, couuection equipment and appurtenances,
together with the acquisitioa of anp easements, rights of way and land that may be
required; and Chere shall be included the performance of such work as may be incideaCal
aad aecessary Co the foregoing construction aud installation.
The City Couacil may modify the details of the foregoing described improvement
where, in its judgment, it appears advis� le, provided such modifications do aot
substantially alter the plaa of said improvement. All of the foregoing shall be ia
�ccordance with the plans and specifications therefor to be prepared by the CiCy
E^gi�eer.
SEG:TION II: There is hereby established and created a Local Improvement
DiS�ricC to be calied "Local Impravement District No. 260 of the City of Renton,
67ashington", the boundaries of such Local Improvement District being described as follows:
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Beginning at the intersection of the Northerly margin of South 180th
Street with the Easterly margin of 92nd Avenue South; thence Easterly along
�. the Northerly margin�of South 180th Street to the Westerly margin of State
Highway No. 167 (East Valley Freeway); thence Northerly along said 1rJesterly
margin 890 feet, more or less, to the Southerly margin of the South 179th�
Street off-ramp; thence Westerly along said Southerly margin 100 feet to the
Easterly margin of 92nd Avenue South; thence Northerly along the Easterly
margin of 92nd Avenue South 160 feet to the Northerly margin of said off-ramp; .
thence Easterly along said Northerly margin 244 feet, more or less, to the
l�lesterly margin of State Highway No. 167 (East Valley Free�vay) ; thence Northerly
along said 4+lesterly margin to the South line of the North one-quarter of Section
30, Township 23 P�orth, Range 5 East; bd. M. ; �thence 4Jesterly along said South
7ine to the West line of the Eas�t one-half of the Southeast one-quarter of the
Northwest one-quarter of said Section 30; thence Southerly along said West line
to the South line of the Northwest one-quarter of said Section 30; thence Ldester-
ly along said South line to an intersection with the Northerly production of the
West line of vacated Tract 6, Valley Garden Tracts; thence Southerly along the
6desterly line of vacated Tracts 6 and 9 to the Northerly line of vacated Tract
26 of said sub-division; thence Easterly along said North line to the Easterly
line of said Tract 26; thence Southerly along the Easterly lines of vacated _
tracts 26, 37, 60 and 71 and the Southerly productions thereof to the North
. line of Section 31 , To�vnship 23 North, Range 5 East, W.f�l. ; thence continuing
Southerly along the 4�est line of the East one-half of the Northeast one-
quarter of the Northwest one-quarter of said Section 31 to the Northerly margin
of South 780th Street; thence Easterly along the Northerly margin of South
180th Street to the Easterly margin of 92nd Avenue South , the point of
beginning. .
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SECTIQI�_,�I�: The estim$ted cost and expense o# said �mprovemen� is
hereby declared to be approximately $75,61Q.68. The entire cost and expense of said
improvemeat, including the cost and expease vf all eagineering, legal, inspectioa,
advertising, publication of notices and other expenses incidental thereto, shall be
borne by aad assessed against the property specially beaefitted by such improvement
included in Che Local Improvement District establishecl, embracing, as near as may
be, a21 property specially benefftted by such improvememt.
SECTION IV: The natnre of the improvemeat provided for herein is such that
the special beaefits conferred upon the property are fairly reflecCed by the use
of the statutory termini and zone method of assessment, and it is hereby provided
and ordered that the assessment shall be made against the groperty of the District
in accordance with, said atethod. All property included within the limits of the
Local Improvement District above created shall be considered to be the property
specially benefitted by such Local. Improvement and sha1Z be the property to be assessed
to pay the cost aad exgense thereof as hereinabove specified.
SECTION V: Locai Improvement District warrants shall be issued in payment
of the cost and expense of Che improvement herein ordered. Such warranCs shall be
payable out of said "Local Impaovement Fund, District No. 260`� to bear interest from
the date thereof at a rate to be fixed hereafter but not to exceed 6% per anuum and
to be redeemed in cash, and/or by Local Zmprovement District boads herein authorized
to be issued, safd interest-bearing warrants to be hereafter referred to as "revenue
warraats°'. Such bonds shall bear interest at a rate to be hereafter fixed but aot
ex�eeding 6% per aanum; shall be payable on or before twelve years from the date of
issuance, the life of the improvement ordered being noC less than twelve years,
and shall be issued in exchaage for and in redemption of aay and all revenue
warraats issued hereunder and not redeemed in cash within a period not to exceed si�sty
days after the first publication by the City Treasurer of notice that the assessment
, roll fflr Loca.1 Improvement District No. 260 is in his hands for collection. The
bonds shall be redeemed by the collection of special assessments to be levied and
assessed upon the property withia said District, payable in ten equal anaual
installments, with interast at a rate to be fixed hereafter, but not exceeding 6%
per anaum, under the mode of "payment by bonds'' or by "notes in lieu thereof", as
def ined by law aad the ordinances of the City of Renton. In case of default in the
� payment of any assessment, when the same shall become due, there shall be added
interest at a rate to be hereafter fixed but not to exceed 6?o per annum, and a penalty
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of� �6 which shall also be collected. The exact form, ar�ount, da�e, interest
rate and dena�ination of said warrants and boads shali be hereafter fixed by Ordiaaace
of the City Council; however, the City Couacil may, in lieu of the issuance of such
boads issue instailment notes payable out of the Local Im�;rovement Aistrict Fund as
provided by lac�, special reference being made to RCW 35.45.150. Said warrants and
bonds, or notes in lieu of said bonds, shall be sold ia such manner as the City
Council shall hereafter determine. •
SECTION VI: All. the work necessary to be done ia connection with the
msking of said improvements shall be done by and made by contract upon compeCitive
b ids and the City shall have and reserves the right to reject any and all bids.
pursuant
The call for bids for work authorized/to this Ordinauce shall include a statement
that payment for said work wiZl be made in cash warrants drawn upon the "Local
Improvement Fund, District No. 260".
SECTION VII: There is hereby created and established in the office �f the
City Treasurer of �he City of Rentor�, for Local Improvement Distxict No. 260;' a special
fund to be known and designated as "Local Improvement Fund, District No. 260, into
which fund shall be deposited the proceeds from the sale of revenue warrants drawn
against said £und which may be issued and sold by the City and collecCions pertaining
to assessmenC, and against which fund sha3l be issued cash warrants for the contractor
or contractors in payment for the worlc to be done by them in connection with said
improvement, and against which fund cash warrants shall be issued in payment of all
other items of expense in connection with said improvement.
SECTION VIII; The City Engiaeer is hereby authorized and directed to call
for bids, in the manner provided by law, for the construction and iasCall.ation of
the improvements authorized herein.
SECTION IX: The City reserves the right to issue; in lieu of bonds and
warrants in payment of the cogt and expense of the aforesaid Local Improvemeat
District installment note or notes payab2e out of the Local Improvemeat Fund wltenever
such note or notes are sold exclusively to another fund of the City as an investment
thereof, and as €urther provided by law. Such installment note or notes may be
issued aay time after a thirty-day period allowed by law for the paya�ent of assessments
of said DisCrict without penalty or interest, and such note or notes may be of any
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deuomination or denominations, the aggregate of which sha11 represent the balance
of the cost and expense of the Local I�provement District which is to be borne by
the praperty owners thereix�, and as further provided by law.
PASSED BY THE CITY COUNCIL this��day of �aber, 1968.
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Helmie Nelson, City Clerk �
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AP�ROVED BY THE MAYOR this��day of 1'�68.. `._ �
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Donald 67. Custer,, Mayor
t�pproved as to Form:
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Gerard l�i. Shellan,�City Att'brney
Date of Publication: DEC 6 196$
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