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HomeMy WebLinkAboutORD 2770 . � v � �� f o f. � .., • � 7 . � ORDINANCE N0. 2�70 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, ORDERING THE CONSTRUCTION AND INSTALLATION OF SANITARY SEWER LINES AND APPURTENANCES THERETO IN THE VICINITY OF NORTHEAST TENTH STREET BETWEEN SUNSET BOULEVARD NORTHEAST AND EDMONDS AVENUE NORTHEAST, RENTON, KING COUNTY, WASHINGTON, ALL IN ACCORDANCE WITN RESOLUTION NC�. 1832 OF THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON ; ESTABLISHING LOCAL IMPROVEMENT DISTRICT N0. 277 , PROVIDING THE METHOD - OF ASSESSMENT IN SAID DISTRICT; PROVIDING THAT PAYMENT FOR SAID IMPROVEMENT BE MADE BY SPECIAL ASSESSMENTS UPON PROPERTY ZN SAID DISTRICT, PAYABLE BY THE MODE OF "PAYi"IENT OF BONDS" , OR "NOTES" IN , LIEU THEREOF AS DETERMINED BY THE CITY COUNCIL; PROVIDING FOR THE ISSUANCE AND SALE OF LOCAL IMP ROVEMENT DISTRI CT WARRANTS REDEEMABLE IN CASH AND LOCAL IMPROVEMENT DISTRICT BONDS OR NOTES WHEREAS by Resolution No. 1832 passed and approved on January 8 , 1973, the City Council of the City of Renton declared its intention to construct and install certain sanitary sewer lines and appurtenances within certain territory in the vicinity of northeast tenth street between Sunset Boulevard Northeast and Edmonds Avenue Northeast, as hereinafter more particularly described , and fixed the 5th day ' of March , 1973 in the City Council Chambers in the City Hall , 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 WARREN GONNASON, Director of Engineering WHEREAS X��1�x���K��iXt�x�����z�, has caused an estimate to be made of the cost and expense of the proposed improvement 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 aggregate actual valuation of the real estate , including 250 of the actual - 1 - • • �i . : .�, . " • • + . . 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 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 Resolution No. was given in the manner provided by law , and said hearing was duly held by the City Council at its regular meeting on March 5 , 1973 at the hour of 8 : 00 P.M, and the following protests having been filed and duly considered, to-wit : Name of Protestant Address Rose Helmholz 2306i N.E. lOth St. , Renton, Wash. Leroy Fox 1023 N.E. lOth Pl. , Renton, Wash. George Vedos �� _ 2222 N.E, 10th .St . �; Renton, �ash. Violet Seashore 2221 N.E. lOth St. , Renton, Wash. Dale _ �atteson 2314 N.E. lOth St. , Renton, Wash. ' and said total protests not exceeding �.� _ �� . o 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 received 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 Improvement District that said improvement as hereinafter described - 2 - . ' i t • � . .� . � • f . be carried out , and that a Local Improvement District be created in connection therewith ; NOW THEREFORE BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, AS FOLLOWS : SECTION I : The following sanitary sewen 1.ines and appur.tenances ther.e to shall be constructed and installed in the vicinity of No.r.theast Tesith St.. .b.etween Sunset: �Blvd. N.E. and Edmonds Ave. N.E . , Renton, King County , Washington, as more particularly described ' hereinbelow, to-wit : ' app.rox. P:-ipe -S=i•ze ; On • - �. From To- ' 8'r co:ncrete pipe N:E .lOth .St. Suns:et Bl:vd.N:E . �3•20, f.e.et We.st :of _ . __ _ . E dnio:nd s Ave�.N.�. ' g'r .concr.et.e pipe . -lOth: Pl.N.E . .6�20, .fe.e:t we:s-t of � -34Q, `feet we.s�t of� Edmonds Edmonds Ave .N.E . and there shall be included in the foregoing the acquisition and installation of all necessary pipe , 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 . C��,����� � Gity's. :Engineer.ing .Departmerit�. SECTION II : There is hereby established and created a Local Improvement District to be called "Local Impr�avement District No. . of the City of Renton, Washington" , the boundaries of such Local ' Improvement District being described as follows : (s.ee E.�;ib.it "A" .attaclied hereto) - 3 - � i � � `_ ,n • i . SECTION III : The estimated cost and expense of said improvemer�t is hereby declared to be approximately $ 32 ,542 .98 . The entire cost and expense of said imp�ovement , including the cost and expense of all engineering , legal , inspection , advertising, publication of notices and other expenses incidental thereto, shall be borne by , and assessed against tne property specially benefited by such improvement included in the Local Improvement District No. 277 established , embracing , as near as may be , all property specially 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 by the use of the statutory termini and zone method of assessment , and it is hereby provided and ordered that the assess- ment shall be made against the pro�erty of the District in accordance � with said method. 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. 2�� " , to bear interest from the date thereof at a rate to be fixed hereafter but not to exceed 8 o per annum and to be redeemed in cash , and!or by Local Improvement District bonds herein authorized to be issued, said interest-bearing warrants to be here- after referred to as "revenue warrants" . Such bonds shall bear interest at a rate to be hereafter fixed but not exceeding 8 � per annum; shall be payable on or before twelve years from the date of issuance , the life ��f the improvement order�d being not less than � twelve years , and shall be issued in exchange for and in redemption of - 4 - s ii • � � 1 � 4 " �, � � . 0 any and all revenue warrants issued hereunder and not redeemed in cash within a period not to exceed sixty days after the first publication by the City Treasurer of notice that the assessment roll for Local Improvement District No. 277 is in his hands for collection. The bonds shall be redeemed vy the collection of special assessments to be levied and assessed upon the property within said District , payable in ten equal annual installments , with interest at a rate to be fixed hereafter, but not exceeding g o per annum, under the mode of "Payment by bonds" or by "notes in lieu thereof" , as defined by law and 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 8 o per annum, and a penalty of �� o which shall also be collected. The exact form, amount , date , interest rate and denomination of said warrants and bonds shall be hereafter fixed by Ordinance of the City Council. 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 I "Local Improvement Fund , District No. 277 " . I SECTION VII : There is hereby created and established in the Director of Finance office of the ��x���� of the City of Renton , for Local Improvement District No. 277 , a special fund to be known and � designated as "Local Improvement Fund , District No. 2�� " , 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 assessment , 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 - 5 - N ~ • � ` � � w ' � f • improvement , and against which fund cash warrants shall be issued in payment of all other items of expense in connection with said improvement. Director of Engineering SECTION VIII : The ���t��� is hereby authorized and directed t� 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 another fund of the City as an investment thereof, and as further provided by law. Such installment note or notes may be issued any time after a thirty-day period allowed by law for the payment of assessments of said District without penalty or interest , and such note or notes may be of any denomination or denominations , the aggregate of which I 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 19th day of March , 1973 - - � g�'�-�Y'�-r�-� �� �������, Ci�y Clerk Delores A. Mead APPROVED BY THE MAYOR this Z9th day of March , 1973 • n a y ar�tt ,`Ma or Ap ved as to fo �� _�• , � Gerard M. Shellan , City Attorney Date of Publication: 3-23-73 - 6 - . . - , . ` , ��_ ,,� ` , . � A L I D # 277 E X H I B I T "A" ORDINANCE 2770 LEGAL DESCRIPTION All that portion of the East one-half of the Northeast one-quarter of Section 8, Township 23 North, Range 5 East; W.M. described as follows: BEGINNING at the Northeast corner of the Southeast one-quarter of �dorth- east one-quarter of Section 8, Township 23 North, Range 5 East; W.M. ; thence South 0° 15' 48" West a distance of 160 feet; thence South 89° 45' 30" West 306 feet to the true point of beginning; thence North 0° 15' 48" East 160 feet; thence North 89° 31 ' 15" East 26.00 feet; thence North 0° 59' 22" East 165 feet; thence �lorth 89° 31 ' 15" West 245 feet; thence South D° 59' 22" West 165 fe�t; thence Narth 89° 31 ' 15" West 333.18 feet; thence South 0° 14' 30" West 160 feet; thence South 89° 45' 30" West 100.08 feet; the�ce South 0° 14' 30" Eas� i71 .52 feet; thence North 89° 46' 00" East 696.96 feet; t�en�e North 0° 14' 30" West 171 .61 feet; thence North 89° 45' 3Q" West 41 .55 feet to the true point of beginning.