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HomeMy WebLinkAboutORD 2858 f � � ♦ _� �1 � ` `'� `�n ' • . � . � —r`' 4'� ..i �� y ` � �` 1 � ti ORDINANCE NO. �858 AN ORDINANCE OF THE CITY OF .RENTON, WASHINGTON, ORDERING THE CONSTRUCTION AND INSTA�LATION OF SANITARY SE�nIERS AND TRUNK LINES AND APPURTENANCES THERETO IN TH� VICINITY OF JONES AVE. N.E . BET. N.E. 40th AND N.E. 44th , AS MORE PARTICULARLY DESCRIBED HEREIN, RENTON, KING COUNTY, WASHINGTON, ALL IN ACCORD- ANCE WITH RESOLUTION NO. 1899 OF THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON; ESTABLISHIPTG LOCAL IMPROVEMENT DISTRICT N0. 2g4 PROVIDING THE METHOD OF ASSESSMENT IN SAID DISTRICT; PROVIDING THAT PAYMENT FOR SAID IMPROVEMENT BE MADE BY SPECIAL ASSESSMENTS UPON PROPERTY IN SAID DISTRICT, PAYABLE BY THE MODE OF "PAYMENT OF BONDS" , OR "NOTES" IN LIEU THEREOF AS DETERMINED BY THE CITY COUNCIL; PROVIDING FOR THE ISSUANCE AND SALE OF LO�AL IMPROVEMENT DISTRICT WARRANTS REDEEMABLE IN CASH AND LOCAL IMPROVEMENT DISTRICT BONDS OR NOTES. WHEREAS by Resolution No. 1899 passed and approved on April l , 1974 , the City Council of the City of Renton � declared its intention to construct and install certain sanitary sewers and trunk lines and appurtenances thereto within certain territory in the vicinity of Jones Ave . N.E . between N.E. 40th and N.E. 44th, as hereinafter more particularly described, and fixed the 20 day of May , 1974 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 esti- mate to be made of the cost and expense of the proposed improve- ment and has certified said estimate to the City Council, to- gether with all papers, data, and information in his possession relating to �he proposed improvement, description of the boundaries of the District, a statement of what portion af the cost and expense should be borne by the properties within the proposed District, a statement in detail of the Local Improvement assess- ment outstanding or unpaid against the property in the proposed District, and a statement of the aggregate actual valuation of the real estate, including 25°s of the actual valuation of the - 1 - I I � • � � �I • ,, 1 • , . • , � � �'� .Jr � � ` im�rovements in the proposed District, according to the valua- _ ` tion 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. 1899 was given in the manner provided by law, and said hearing was duly held by the City Council at its reguZar meeting on May 20 , 1974 at the hour of 8 :00 P.M. and the following protests having been filed and duly considered, ta-wit: Name of Protestant Address Robert A, and Clarissa M. Fawcett 4008 Meadow Ave . N. Renton, �cdn 98055 Vernon and Helen Schei 4108 Jones Ave. N.E . , Renton, Wn 98055 / and said total protests not exceeding 32 . 860 � 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 progerty 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 - 2 - r __ i . . . . _.. _.. .. _......- .-........- ..-.......- - • , , :; � � • .. • ` � �y , � • � . ` , BE IT QRDAINED BY THE MAYClR AND THE CITY C4UNCIL OF THE � CITY OF RENTCIN, WASIiINGTON, AS FOLLQWS: ', SECTSON I: The fol.lowing sanitary �ewers� a.nd trunl� lines and appurtenanees ther�eto , shall be canstructed and installed in the vicinity of JQ��� �v� . N.E. between N.E. 40th and N'.E. 44th, Renton, King County, Washington, as more part�icularly described hereinbelc�w, to-wit: rrArr � See attached exhi.bit � at-���hed hereto and made a part hereof as if fully set for-�h and there shall be included in the foregoing the acquisition and installatian of all necessary pipe, manholes, valves , fittings, couplings, connection equipment ar�d appurtenances, together with I the acquisition of any easements , rights of way and land that may � be required; and there shall be included the performance of suc� work as may be incidental and necessary to the foregoing construc- i tion and installation. � I The Ci�y Council may modify the details of the foregoing � described impravement where, in its judgment, it appears advisable, PZ'Q�l2c.�-t,�-Ci SL?�'�? ^�=.�S;zl�1.�:���,f,'?iz� �.`ti.~. iaG'i: �:i��U:�.��.:Lc7.��.�' c��..��X' ��3� �?�$21 o� �a�.� �:��;rs�ven����. A�.E. a� ±:i�� i�.�c�y�:�^� ��-��?1 �e in ac�o�c�.�.��� I with the plans and specification therefor to be prepared by the� I Director of Public works. . � 1 SECTIOI� II: There is hereby established and created a I I Local Improvement District to be called "Local Improvement District No. 284 of the City of Renton, Washington" , the boundaries of � s�zch Laca�. Improver�nent District being described as follows: See Exhibit "B" a-�tached hereto and made a par-� hereaf as if fully set forth , � i � � I , I - 3 - I � , f ' � . - �.r • . - SECTION III: The estimated cost and expense o€ said � improvement is hereby declared to be approximately $ 77 ,062 . 99 . �he entire cost and expense of said improvement, includinq the ' _ cost and expense of all engine�ring, Iegal, ins�ection, adver- tising, publ.ication of notices and ather expenses incidental thereto, shall be borne by and assessed against the property specially benefited by such improvement included in the Local Improvement District No. 284 established, embracing, as near a� may be, all groger�y �pec�a3ly 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 �ne and termini method of assessment, and it is hereby provided and ordered that the assessment shall be made against the prop- , erty of the District in accordance with said 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 improve- ment herein ordered. Such warrants shall be payable out of said "Local Improvement Fur�d, District No. 284 " , to bear interest from the date �hereof at a rate to be fixed hereafter, but not to exceed 8 $ per annum and to be redeemed in cash, and/or by Local �mgrovement District bonds herein authorized to be issued, said interest-bearing warrants to be hereafter referred to as "revenue warrants" . Such bonds shall bear interest at a rate to be hereafter fixed but not exceeding s . � per annum; shall be payable on or before 1.2 years from the date of issuance, the life of the improvement ordered being not less than 12 years, and shall be issued in exchange for and in - 4 - • Y ' ' . .;� � . . , ' �' , . ` ' . redemption of 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 Director of Finance of � notice - that the assessment roll for Local Zmprovement District No. 284 is in his hands for collection. The bonds shall be redeemed by the collection o� special assessments to be levied and assessed upon the property within said District, payable in 10 equal installm�nts, with interest at a rate to be fixed hereafter but not exceeding s $ per annum, and a penalty of g $ which shall also b� collected. The exact form, amount, date, interest rate and denomination of said warrants and bonds shall be here- after fixed by Ordinance of the City Council. SECTION VI: A11 the work necessary to be done in connec- tion 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 "Local Improvement Fund, District No. 284 " . f SECTION VII: There is hereby created and established in the Finance Director' s Office of the City of Renton, for Local Improvement District No. 2g4, a special fund to be known and designated as "Local Improvement Fund, District No. 284 " , into which fund shall be deposited the proceeds from the sale of reve- nue warrants drawn against said fund which may be issued and sold by the Cit.y 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 connec- tion with said improvement, and against which fund cash warrants shall be issued in payment of all other items of expense in connec- tion with said improvement. - 5 - • � . � ; . . - ,Y . ` . • ' � �2 ' � . A SECTION VIII: The Director of Public Wosks is hereby � authorized and directed to call for bids, in ��e Fnanner provided by law, for the construction an3 installation af the i.mprovements authorized herein. SECTION IX: The City reserves the right to issue, in lieu of bands and warrants in payment of the cost and expense of the aforesaid Local Improvemen� District, installment note or nbtes payable out �f the Local Improvement District Fund, pur- suant ta RCW 35.45.150, whenever such nr�te or notes are sold exclusively to another fund of the City as an investment thereof, and as f�rther provided by law. Such instalZment note or notes �ay be issued any time after a thirty-day period allowed by law L�r the payment of assessments of said District without penalty n denomination or interest, and such note or notes may be of a y or denominations, the aggregate of which shall repxesen; the balance of the cost and expense of the Local Improvement District which is to be borne by the pr;�perty owners therein, and �s further provided by law. / PASSED BY THE CITY COUNCIL this lOth day of June ,197y. Q• �� Delores A. Mead, ty Clerk APPROVED BY THE MAYOR this loth day of June ,1974 ../ , . �,/ ���4/�/'C�" . ery G�rett, Mayor Approved as to form: � �( ���'�,s, Gerard M. Shellan, City Attorney Date of Publication: 6--14-74 - 6 - � ---- : . ----- , ; . . s ,_ . : � E .. � , ��. . - , ' • . . �.�- - Y • '. ' . . �: � , . � � i I � . •. � � . t �` . . ' . . � 1 t i � ' . �' . � ... . ....., ' _ . ..�_ ___,_...._.._._�._,.._.'_..___�..__.__........:....._. ..._`._ '___ .___ "' __ ' _.'"_ _ i _ � ` 1 . {a3 l�escriptiori of Local Irnprave;ment District Na. 2�4 . EXtiIBIT '•A" . - , Al1 of lots 1, 2e 3, �, 5, 6, 7, s 9, �31ock 2, C.D. Iiillman•s , Carc3en of Eden Div. No. 7; that portion of tracts 1t33 and 184 C. p. Hillinan's Garden of Edes� Division No. 3 lying South of t � �reeway Ramp. Together with th� South ?7�.55' af th� North - � 1323.55 feet of Government Lot l in Section 32-24-5 lying East . oi �'AI 405. _ � � � . ', � � � � , '` . i� ` i � , . . : . � . � b . . _ _ ` � r " � � I • , 4 , E � . � � ,� . . . � { J ; � 7 I ' ' - I ' I / ""_'_.....___._ . __..._ . .....�_._r - ...""_.....% . . ... _ . . .'-." ' ' EXHIB�T irBr� ' (b) Improvements: . , . . Approx. Pipe Size On From To 790 l.f. a€ 8'". Jones Ave. NE N.E. �Oth St. . a point 540• t • _ So csf N.E.. 44th St, , 330 l.f. of 8"� Easement _ Along �. li.ne Lot 3 Black 2, C.D. . � " „ Hillman's Garden of Eden Di.v. #�7 ! - . , . - - . , 530 l.f. of 8" Easement Along �he West 1'ines Lot 1 a�nd 4, . Block 2, C.«D. Hillman's Garden of '�' . � . Eden Div. �7 . � . , � ' i 440 �..f. of 8" : N.E. 49th St. The West margin of �.inco2n Ave. NE '� r � ' to a point 450' t�Test of said tdest . - I marqin - • � • - i� �, 'r.___..,_.._,.---.---._.._.._____.�_^....._,�----^-_.�._--- ---.____-- - -- --_____�.T.._r._..____ .._. . �--.....__ _ . . �. _ _ � _ • _.. __ , _ �. ' I� � � . . . : - - a'