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Home My WebLink AboutORD 4059 � ' ` • Amends Ordinance No. 3055, 3056, 3882 Amended by Ordinance No. 4205 amended by Ord. #4208 —transferred to TITLE VIII, Chapter 1�4-- CITY OF RENTON ORDINANCE NO. 4059 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON AMENDING PORTIONS OF SECTION 8-717 OF TITLE VIII (HEALTH AND SANITATION ) AND SECTIO� 3r241 OF TITLE III (DEPARTMENTS ) OF 4RDINANCE N0. 1628 ENTITLED "CODE OF GENERAL ORDINANCES OF THE CITY OF RENTON" CONCE�NING INTE�EST RATE CHARGES ON UNPAID BALANCES ON LATECOMERS AGREEMENTS THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO ORDAIN .AS FOLLOWS: SECTION I : Existing subsections (C) and (D) of Section 8-717 of Title III (Health and Sanitation) of Ordinance No. 1628 entitled "Code of General Ordinances of the City of Renton" is hereby amende�l as follows : Section 8-717 (C) , as amended: In addition to the aforespecified cost of "assessment" there shall be a charge of ten percent (10$) per annum added to such cost, but in no event shall such surcharge be in excess of one hundred fifty percent ( 150�) of the original assessment cost as hereinabove specified. Section 8-717 (D) , as amended : The special connection charge shall be paid in cash whenever such connection is r�quested; or application may be made by such property owner to provide for payment thereof by an installment contract, if the amount is in excess of five hundred dollars ( $500 . 00 ) with interest at the rate of ten (10$) percent per annum, computed annually on unpaid balances, which contract shall provide for a minimum down payment of not less than ten p�rcent (10� ) of such total connection charges hereinabove set forth, payable � 1 ORDINANCE NO. 4059 upon execution of such contract and the balance thereof to be paid in not more than twenty ( 20 ) quarterly installments payable on each January 1, April 1 , July 1 and October l. Such installment contracts shall provide that any unpaid balance may be paid in full in any year at the time of the first quarterly payment of such year is due and pay- able, shall describe the property served by the sewer , and shall be duly acknowledged by the property owner and be recorded by the Public Works Director in the office of tk�e County Auditor at the expense of such property owner. Delinquent payments under such installment contracts shall be a lien upon the described property as provided for in RCW 35 . b7 . 200 and enforceable in accordance with RCW 35 . 67 . 220 through 35 . 67 . 280 . As an additional and concurrent method of enforcing such lien, the water service to such property may be disconnected in accordance with RCW 35. 67 . 290 until such time as all delinquent payments have been paid in full . Upon full payment of such installment contract, the Public Works Director , on behalf of the City of Renton, shall execute and deliver unto the property owner a release of such lien, which shall be recorded, at the expense of_ the property owner with the King County Auditor ' s office. Al1 installment payments so made shall be applied first on interest accrued up to date, balance on principal . SECTION II : Existing subsections (B) and (C) of Section 3-241 of Title III (Departments ) of Ordinance No. 1628 entitled "Code of General Ordinances of the City of Renton" are hereby amended as follows : Section 3-241 (B) , as amended : The special connection charge imposed by this Ordinance shall be paid into the Utility Fund and shall 2 � � ORDINANCE NO. 4059 be computed as follows : The number of units of property frontage to be served by the water distribution system, determined in the manner prescribed in RCW 35. 44 . 030 and . 040 for determining "assessable units of frontage" , shall be multiplied by the actual local improvement assessment per unit of frontage for such facility in Renton for the year in which the water main to which the property is to be connected was constructed and accepted as completed. In addition to the aforestated cost of "assessment" there shall be a charge of ten percent (10$ ) per annum added to such cost but in no case shall such charge be in excess of one nundred fifty (15Q� ) percent of the original assessment cost. Section 3-241 (C) , as amended : The special connection charge shall be paid in cash whenever such connection is requested; or application may be made by such property owner to provide for the payment thereof by an installment contract, if the amount is in excess of five hundred dollars ($500 . 00 ) , with interest at the rate of ten percent (10$) per annum, computed annually on unpaid balances , which contract shall provide for a minimum down payment of not less than ten percent ( 10$ ) of such total connection charges hereinabove set forth , payable upon execution of such contract, and the balance thereof to be paid in not more than twenty ( 20 ) quarterly installments payable on each January 1, April 1 , July 1, and October 1. Such installment contracts shall provide that any unpaid balance may be paid in full in any year at the time the first quarterly payment of such year is due and payable, shall describe the property served by the sewer , and shall be duly acknowledged by the property owner and be recorded by the Public Works Director in the office of the County Audito.r at the 3 � � ORDINANCE NO. 4059 expense of such property owner. Delinquent payments under such installment contracts shall be a lien upon the described property as provided for in RCW 35. 67 . 200 and enforceable in accordance with RCW 35 . 67 . 220 through 35 . 67 . 280. As an additional and concurrent method of enforcing such lien, the water service to such property may be disconnected in accordance with RCW 3� . 67 . 290 until such time as all delinquent payments have been paid in full . Upon fu11 payment of such installment contract, the Public Works Director , on behalf of the City of Renton, shall execute and deliver unto the property owner , a release of such lien; which shall be recorded, at the expense of the property owner, with the King County Auditor ' s office . All installment payments so made shall be applied first on interest, accrued up to date, balance on principal . SECTION III : This Ordinance shall be effective upon its passage, approval and thirty days after publication. PASSED BY THE CITY COUNCIL this 20th day of April, 1987. � 70 • �,��GO�� Maxine E. Motor , City Clerk APPROVED BY THE MAYOR this 20th day of April, 19$7 . �ohb� ,�, S'R.�r►�o��.., Barbara Y. Shinpoch , Mayor Approved as to form: � �G�it/V�+�Q.t�4P (:y��'l/VG�w�Ir"" Lawrerice J. Warr� City Attorney Date of Publication: April 24 , 1987 nd/ordint :3/04/87 4