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HomeMy WebLinkAboutORD 0213 ��J� `} 1�J1�'� �'G��� a�-���' , � � ��►o Fi�s1 n�a� � � ��` ��� � �� ��� ��ca,��� ti�� �►UG ��s i9��t� � � � �'� � ' „�� � k g kti�������.ii+ `�� �•... � ��" ��" t ORDINANCE i10. � � � . �, , .�,: �� � f,. ' � ORDIT+t�rCE F C!R THE IT:.�'rtOVIII��+' JT OF LI�T �'OR'�IC�TI t7�� ZOG�� �� r�V�li� BOUITDII} OiT TFiF� S(7Uifi I3�' �'h� RIGAT OT' .�7��Y OF T�i� CITY OF ���1'iLE"S CE�AR RIVEy� PIP.�'. I�IT'�' 11IZD OTS T�� NORT� 1�I.' Tt�� T-�,.,X:X"�'EId`�iIOI:S 0�� T� NO��"'H BOUT�AI�"Y OF I,0 � O�IE �3�OCE. TI�iTYFOUR, TOti�N Q�' RF•NTOTT, ` �''R017UCIjD �dLST, 'I'�SliT POF�TIO�T 0�' $IJi�I�:TT STFFi�ET BUUTfDED Oi1 TH�: " UTH Bg �iI�2.11 �V�UE t�iyD O�T T13I: iJUR'I'�i BY THL IdORTfi �IT� OI' I,QT OIIE �3ZOCK T;V�I�TY I'OUR T;70rd OF R�tTOT1, 1'��flDUC�D t�ST, TI3AT PORTI(�,T OF �TIZZI�Lt,S STR +�E1'� S7E�?.S STREi+�T y T��iI�'T S2'��:ti�:T� P.IIT.� .`riTRi:ET BOUTaD.T''.•D ON "'i HE TTORTH BY C �I'T'W.HR R IVP:t� 4Il`D O1�T T� SO U i�3 �Y ��'.D LiVTErTtIE s T�i��T �'OR'y"I UTZ �JF F�iI�,S, ST + +T I3QUII�ED ON ml�: iTO���i BY '"HIRI3 �VF.�dtJE t11:�r� OT1 'I'�L: SQUTH 13'Y SIXTH �.V'+ �tTE, �'r�QDUC�1 x��'iST, T�T POR�zorr` 0�` C�tir".$ STR�:�m, ��TdTOTr� S'1'FiEI:T� B4IJtJI)i.�D OT. i�f'.+ i10RTH BY '�'HSRD AVI+'.IIUE ��11'v OT� �."�iFF �OIITH BY SyCTI(}� STFwr�T, TH�1T �'ORTZOi� (7F S�COND �'�VEiN� BQUI:Tv'+' Q�'' TfIE i:ASm BY C�::),�� RIV�R �tiiti� OTI �Ha: :'i�ST T3Y TH� CIiY ZITti;ITS, Tl�iAT �.'ORTZ�l�i Q�' THE I�O�TII H.t�S�' Q}�' '.�'HI�D �1VI°.IJU��� BOLT�TD� OT� T� �I�3�'� ;TI:ST BY BV�PJ�TT dV�' +�TJI� s'�I:',�D QT+i iH�: � �T �Y i� I�IIr'E RU1TiXING 1`lORTfi &�.�D SOU�H '^H�?OUG'� THE CETZTER 0�+' B7,OCKS :iI:V�I, EIGHT Aii� T1ITiTE Ii1 TI�: ORIGIT+t� PI.�t�T OF Ti-� TO1�iI� Oit' p.;:i:�TCTt� T�i� 1'ORTIOiV OF T�iIFi:� �'iVT`�.dTJ� T�'OUTT��:� OTZ TfiE C�ST BY ,A LIT� P,tFI:�NIIIC TTbRi'�i �iIU SOUTH ��IROUCri3 T� C�;T1'I'ER OF' i3�,OCKS SEV�,'i1, �I GH� ,e�tl� iv II�L, i 0';;fir OF' �;TdTON AFjD OTd ��iE FAS T nY T$E CI T� 3, 7�II�;ITS B� T� COT�,aT�UC�IGT�t AND I�3ST,�,TaLh�'IOTJ' OF � LRtTITI�' SE4"�'ER. I�T � CC�Tl�ORT�TITY TU 1'�ID ITT COT�YZIi�I�CE ;TI�I TH� PI,lil`1S i�TdD SYECI�'SCATIOIZS FOF� �1:�.: S�T:'"�,.�� TYO� ON FII,� ITS '�.'I:TE OFFICF Qy TF� C I�'Y C�:�� OF TI-� C�TY .� � OF �E�TON, tYAS$�P�G�'0�1', :t3'_:IT1G PI►,t"�S1S Ai�D ��CIPSC��TIOtd� ITO. �, TH.� COSi OI+' '!.'H:a 5��: �0 }3�; I�VI�D Ul'OSsT iHL PFiO�.''t+L,TY E1BUmTIP7G� 1"iPi:��OX�TE OR 1�J�t1CL�'IT�T n0 Si�ID 1ih0`� D.:SC�?IBi�_'.� �OHTTGI'�'S OF �s�I� �'.�30VE DESCxII3ED S'iR.:.�:iS ��i�7 ASfi;T�UFS ��v ItTCZUDY'.D ITZ TH� �SSESST�I�',1".� v�STRIC'.'.' ,#�S PROVID:`?� BY T,���. �'F�'.+� C I TY C OUi1C I1.r OI+' T�iE �I��.'Y OF �':�i"1tOTS DO ORD�iITl A.� F O�.T.�O�IS: �i:CiIU�' Z That tha� por�i on of I,o�an Street bounded on the south by the ri�;ht of �r�yy of the City of Seattle 's Cedaar River � !.. � ];' ,yi'f� �v'ORT .�� . IdO. 2. y pipe line and on the Tlort�i by the extension of the nor�h bou�dary of Zot one Block '�'cvnety �'our �'own of Renton, produced Yr7est, that portion of �3urnett Street bounded on the south by Third �venue and on the �Torth b� the TJorth line of �ot One Bloak �'went� fowr mOP7ri of ReAtan, produceci �lest, th�t portion of �illi�,m� Street, ;�ells Street, �:ain Street, :�ill S�reet Uound.ed on the �lort� b� �eclar Kiver and on iche South by Third Avenue, th�t por���n of �4i1]. Street boundec� on the North bg Third ,�venue and on the south by Sixth Avenue, produee�. East, that portion of Cedar Stree�, Renton Str�et, bounded on the rTorth by Third Avenue �nd on the south by Section StrAet, that portion of Second �venue bounded on th� east by Ce�.ar River �d on the west by the City Zimits, th�t portion of the Trorth half of Third gvenue bounded on the �rest b�r Burnett Street anci on the east bST a 13ne runr.ing Plorth and �ou�h throu�h the cen�er of �3locks seven, e i�ht and nine, To�rn o�' Renton, t hat porti on of Third gvenue bounde�. on the we�� by a line running north aud sou�h throu�h the center of Blocks seven, ei�ht an.cl nine, Tosvn of Renton, ar�d on the ea�t by �he City I,irmits � shall be improved by �he construction r�nd inst�.11at ion of a trunk sev�er in conforruit�y to and in compl3.ance with the plana �nd speQifieations for the sar�e now on file in the of�ice of the Cit� Clerk of the City of Renton, �lashingtan, being ZU Pl€�nd and Specificatios�� No. 3-�-, the initi�.1 point of �rhich said trunk se�rer shall be �.t the intersea�ion of the center liue o� � Second. kvenue, �roduced west, ti�-ith Blael� I�iver, runnin,� thence east -�o the interseat3an of the center line � of Second Aveuue with the eenter line af ��Iil�. Street, �henae south on P�ill 5trest �to the intersec�ion o�' the center line of P�ill atreet �rith the center line � of �'hird �,venue, thence east on the center line o� mhird dvenue ta �he center line of Renton Street. 5aic� ir�provement to include the con�truction and instiallation of �.1.1 necessar�r mnd proper puri�iQation �vor�s, � man holes and all other necessary a,ttachmen�s. S�CTTOi� IS The cast of �aid ir��rovement sha11 . � be assessed upon the property abu�ting, appra�:imate or ad��.cent to said above c�escribe�l portions of said alaove described streets and avenues and ineludec� in the a��eu�raent distriet as providecl by law, and all of s�.id ausessmen� sha11 be �"unded by a bond is�ue, the s�ne to be levied �ains� and inelude a11 0�' �he property ineluded in the assessnient distriet created hereby, the said bands to be issued in such � aount as nay be necessary to provide for the entire payment o� said irnprovement, includin� a11 necessary incidental egpenses, suoh bond issue to be �.ecepted b� the contraetor awarded the contract for the construotion of sazd above described improvement in full p�yr�ent therefor. SECTIOTT ISI Such Bonds sY�ill be �iowr� �,nd de�ig-- nate�� as " Renton I,oaa3 Inprovement I3onds �To. 2 " and shall be due and p�.yable five ( 5 ) 9e�rs from and after �he date of their issuance and shall bear interest at the rate of eight ( 8 ) per cent per annum, interest pa�able annually t�nd sha11 have attached thereto interest coupons for the in�erest pa�msents herein pro�ided for. Such bonds sh�,ll be in denominations of not Iess than One ��undred ( �100.00 ) Dollars �nd mo� more than Five xundre�. f � 500.00 ) Dollars and shall be nur.�berec� from TTo. 1 up consecutively and each bond €�.nci coupon �ha1� b� �i�ned by the �i�or s�.d r�ttested � by �he City Clerk of the Ci�y of Hentan. Each sh�.11 h€�ve �he seal of s�.id City affixed thereto and sh�.11 refer to the imProvement for w�ich the s�e €�re is�uec� and to this ordinanee and each bond shall pronide tha-� the principal sum therein na�►ed and the interest thereon shall be pa�r�ble ��� out of the Zocal Improver�ent Fund hereby created, the sa�e to be kno�un and desi�nated as " Zoc€�7. I�provement Fund Ilo. � '�, a,nd not otherwise. Sueh bonds sh€�,11 not be issued in any ar�ount in Q�:cess of the cast and e�;I�ense of �he improvement. �'hat there is hereby cre€�,ted a loca�3 improvernent distriat to be �won and desi�nated as Zocal Improvenent District Tto. � � which said district sh�.11 include all the property abutting, approgima;,ie 4. ' � �{ or ad�acent to said a�ove described portions of Burnett Street, �rVilliams Street, ;�1e11s Street, �ain Street, raill Street, C�clar Street, Renton Street, Second Avenue, Third Avenue. That there is hereby levied against eac?i of the lots �nd p�.rcels of lands in s�.id loc�,,1 improvement district such �. sum �as shall be necessary to pay off and discharge the total cost of �he improvement herein ordered, to�ether with the interest thereon. Such assess�ent to become due �,nd be paid in five ec�ual annual inutaliraen�s, vrith intere�t the�reou fram t�e da�e of i�su�.nc� of the bonds at the rate o� 8 per cent per a.nnum, and each year one of such inst�zllments , togeth�r v�i�h the interest thoreon €�nd the interest on a11 installraents tYsere�.fter to beQo�e due shall be collecte�:. in the ��e manner providQd by law for the collection of spe cia�. assessment s �vhere no bonds are issued. SECTIO�? IV The owner o� t�,ny lot or parcel of labd ch�.r�e�i avith suc� €�sses�raent may redeem the s�xne � fron a11 liability for �he contraet price of s�.id improvemant and the total cost thereof by payir� the entire as�essmen� charged again�� �aid lot or parcel of land �rithout interest, within thr3.�� da�s after notice �o him of such assessment, such notice to be given by the City Treasurer in the r�anner provided by law, by the �ublication of a propor notice in �he offieial ne�vspaper of said City far t�vo ( 2 ) Qonsecu�ive weekl�r issues that the s�,id roll is in his hands for aolyection ancl that any as�essr�ent therein m�,;� be pr�id at any tir�e within thrity ( 30 ) days from the da�e of the firs� public�tion of �u.ch no�ice �rithout pent�lty, interes� or east. '!'he bonds herein provided for sh�,ll not be isuued prior to twenty da�s �.f�er the expir�,tion of the thirty d�.ys above mentioned, but ��;;,�.r be issued at �,ny tir�e therea.fter. �he o�►ner of any lot or parcel o� land m�r redeem the sane from a11 liability for said assessment at �.ny ti�e €�fter said thirty d�,y� b� pa�ln� �he entire installsnent a of �aid assessr:�ent re�ainin� unpa,id ��r,d char�ed �,�a3nst said 1ot or parcel of land 5. �, • , ..� at the ti�e of sueh �ymen.t, ��ith interest thereon to the d�te of ma�urity of the installment negt fallin� due. � In all cases �here any installraent or any assessment is paid as herein provided the s�me ah�..7.1 be p�ic� to the Cit;� Treasurer or to the offiQer � whose duty it is to collect such assessrnent and all sums so p�,id sh�,ll be a,ppliecl solel;� to the pa,�ment af the costs �nd expenses of such improvement or the reder�ption of the b�onds issued th.erefor. on the bonds The Cit�T �reasurer sha11 pa�p the interest/au�horizecl to be issued herein out of �he local improvement fund fram v�hiah they are pa;�able. r'�henever tllere �h�,ll be sufficent money in said improve-- ment fund, o ve r t�,nd ab ove �uf f ic ent f or the p�,yme nt of inte re st -on all unpaid bonds, to pa� the princip�.7. of one or r�ore bonds, the City �reasurer shall c€�11 in and pay such bond3, provided �hat the sa.me sh�11 Ue callec� in �nd ��.id in their nurnerical order, such ca.11 to be m�,de by �. publica�ion in the City Official newsp€�per on the date follo�vin� the delinquincy of vhe installment of' the ausessment, or as soon therdafter a�s is practicable, ancl shall sta.te triat I,ocal Inprovemen� �3onds �Jo. 2,givir� the seri�z.l nurnber or nurnber� of the 'bonds called, ��vill be paid on the date the next intere:� coupons ' on said bonds shall becor�e due, �,nd the interes� on saicl bonds shall ce�,se upon such date . SECTION �V Iteither the holder or the or�ner of an� l�onds issued under the provi�io�s of this ordinance shall h�,ve any cl�,im therefor ��� a�;�.�nst �he City of Renton, except �'rom the special asse�sr�ent levied for thia ir�provernent, but his rQ�ec�y �-� in c�,3e o� nan paJrnent shall be confined �o �he @nforceraent o� such a�se�sment. S�CTIOSZ VI �Yithin thirty da�,r� �,fter tlie pa��€�,�e and approval o� triu ordix.�ance the Cit, Clerl� of �aid Cit� o� Renton shall advertise for b3ds for �he construction of the tivork herein ordereci done in con�orrnity to the laws of the State of �i�lt�shi�'to21 �nd the Ordin�,Ilces of the Cit� o�Renton. � SLC'�IOI� VII This ordinance shall be in full foree � �nd effect �ive da;�s fror� and after i�s pa�sa�;e, ap�;roval and 1.�ga1 publication. dp�arovec� �hi� gu.�. 16th. 1910. /V��,,��., �����,�,�,,�� �.��.�or. �S 5 S B d 't',�11 S t�. -. "� . ., �� C ity C lerl>.