HomeMy WebLinkAboutORD 0212 , •
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1HIR� �V1T�.',iNz..i; �.iu�} OZl 'i i� ;�OUi�I 13Y T� C T`�Y LII..ITS }3Y '�'� C�OTdS'L'RUC�It�N
OF l� TFiUDT�i �iE'�1I�'�R I�1 AC COHD�iITG`E T 0 �fi1`�I} IiT CU��,1T'i,I1iT.�C.�'.�, i S'CH ':.'H��: �'T�iNH
r'�I�D S�'EC3�'ICA�'IQI�S �'OF: THF S�1I:'�.�7 i�iO;�T ON L`I � ITT i�i:: OF}+'IC:; Oi�' ?'�
'�I'�Y CI�F.�;K OF T� CI:"Y OI' R�.�11TOi�i r1.t�;3ii.�i?G�Uiy� t�3T:�S7G �'I�ii.i�S �`�I+D
S�'�.CI�IC��TIGTtS �i0. ��, t;he cos� of the s�e to be l�vied upon the
PRRO�:R'lY �13UiTITsTG, i�a?1'"i�O:�iIT�i.t�T� OF�i 1�llJL�CI:NT� .'PH�R.t:TU l�ID I�TCI�U:JED IZT
T�li 11�iSESSi:��i.r^! llISiRIC� �a �iOVIVL� I3Y I�i"d.
TH� C 11.'� C OUIjC I Z 0�+' �'�L` C I r�`Y G'I±` i�:'�i��'OT� .i�0 OR.i�lilT7 .��5 F OLI:O�'�S:
S�CTION I '.ihat that portion of County Roa,d IZo. 464
bounded on �hQ �est by Sh€�ttuck Street an.d on the e�.st �� tne ri�ht
of way of the lTor�hern Pacific Railway Cor�pany, th�t portion of
sixth r�venue bounded on the we�t bgr Shattuck Street and on the east
by I3urnett Street, that portion of �'ifth �venue, Fourth �venue,
, • . .
� �
�alla ��lalls �venue bounded on t��e west by Shattuck Street and an
the east b� a line rannin� nor�h €�nd south throug� the center of
Blocks Seven, Eight, r7ine and yen in the ori€;in€�1 plat of the '�own
of Renton, that por�ion of �'�ird l�venue bounded on the �est bythe
Cit� ]:i�its an� an the east by the ea��t lige of nurnett Street,
that portion of the south side of Third Avenue bounded on the tivest
by the er�.�t line of �3urnett S�reet t�nd on the east by� a line
running north and south throu�h the center of Bloeks seven, ei�ht
nine and �en in the ori�;inal pla� of the �'otivxn of Ren�on, th�zt
portion of Shattuck Stree�, �Yh3twQrth Street, I��Zorris 3treet, Sr�ithers
Street, �3urnett Street, d7illiams �treet, �e�ls Street, P�ain Street
bounded on the nart�� b�r Lhird �venue ana on the south b� the City
T,imits shall �e improved by the constrnetion of a �runk sewer, the
initial point of ��hich shall be at the intersection of the center
line of Sixth �venue produced west , �vith the easterly bou�idary of
Blacx i�iver, runnin� �henoe Qast t�lon� the cen�er line of S�.xt�s
�venue produced �vest �o the intersection of s�.id line ��.�ith th�
center line of the alley runnin�; north �nd south throu�h �lock
Thirty�one, Smitriers First Aclaition t o tlie '"own of Hentnn, thence
ea�t �.lon� said Sixth avenue to the westerly boU.nd�ry of �loak
mrventy--eight, �orvn of Renton, produced sou�h, thence east �lon�,
upon and �hrough �. �trip of ltind seven feet in width bounded on the
north b; Block 28, �Yilliams Street, and �31oak 1E3, moyrai of R�nton,
to the cen�er Iine of �Jells Street, tuid the construction and in-
stillation of �,11 necessary u�d proper purifie�.tion �vorks, man�
holes and other appli�nces necessary for the proper operation of
said trunk sewer, the s��e to be constructed in conformity to €3nd
in co�pli€�nce with the plans €�nd specifications for the sr:�me now �
on file in the office of the City Glerk of the Ci�y of R�n�on, being
Plans and Specification� TZo. ' � .
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S�CTIQTS II The co st of sai d ir:ypr oveYne nt shal�
be asse�sed upon the prop�rty a'hutting, approxima�e or adjacent to
said above described portions of said �oiant� FZoad I1o. 464, Sixth
�`�alla �'�,li� t'�ve.
Avenue, �ifth r�v�nue, Four�h Avenue�/ Third gvenue, Shattuck Street,
:�Phit�.rorth Str�et, i>iorris �tr�e�, Smi�hers Street, Burnett Street,
�Yilli�.ms Street, ��e�.ls Street, T�ain .itree'� and included in the
asse�sment distriet as pravided b�� Iaw, and all of said a�sessr�ent
sha11 be funded by a bonci i:�sue , the :���e to r�e levied a�°ainst and
inclnde all of the property inc�uded in saic� afiove ae3cribe3
assessrnent district, �he said bonds to be issuect in such an� amoU.nt
as raa� be necessary to prov�de for �he entire x�ayr.lent of s�id
im�rovemea�t, inaludir�g all incident�.I e�p�nses. Such bond i�sue
shall be accepted by the Qontrac�or awardec� the eon�ract for the
eanstruction of said above described ir�provement in full pa�ent
ther�for.
S�CTIQ�T III Such bonds sh€�,11 be �rnovJn and
de�i�-nated as " Renton Zoc�1. Ir�provemen� Bonds ITo. 8 "and shal� 'be
due �.nd payable �ive ( 5 ) years from and �,fter the �ate of their
issuance �nd �hall bear interest �.t �he rate of ei�ht ( 8 ) per
cent per annum� interest pa��.ble annua113�, and sha11 have �ttached
thereto inte re st coupons for the inte re st pa��me nt s he re in provided
for.
Such bond� shall be in denominu.tions of not less than
One hundred ! y�100.00 ) Dollars €�d not more than Five ilundred
( �500.00 ) Dollars, and shall be nutabered from TZo. I up consecuti�el�
ancl e€�.ch bond and cou�on shall be si�ned by t�e raa�ror €�nd �ttestec�
by the CitST �ler�: of the said Cit� of I�errton, eac�� shF�11 h€�ve the
seal of said City affixe� th�re�o wnd sha11 refer to the improvement
for �zhich the s�.rae �re issued €�nd to this ordinance, tznd each bond
shall provide �;ha� �he principa.l s��im therein naxned anc? �he in�er�st
thereon sha11 be p�,�rable out of the loa�,l improvement fund hereby
created, �he sar�e to �e kno�vn as " I�oc�.l Zr�prover�ent Fund I1o, l'� ",
and not otnertivise. Suoh bond:� shali not be issueci in �.ny �ount in
, , • .
exeess of the cost and e�>pense of the improver��ent herein orderede
SECTI02� IV That there is hereby created a local
improvement district to be known �nd de�i�na�ed �.s " Zoca1 Inprovement
District �To. l 3 � , �vhieh said district shall include all the
�
propertyT abuttin�, a�proxirr�,te or adjacent �o s�.i� �zbove described
portians of s€�id County Road T;o. 4f4� Sixth �ivenue, Fift� bvenue, ,
Third Avenue ' �
Fourtn Avenue, �"1a11a 1�a11a �lvenue� Shattucl�� Stree�, �'Jhitv�orth
Street, �orris Street, Smithers Street, Burnett S��eet, �'illiame
Street, i�ells atreet, S�i�.in Street.
Tha� there ia hereb�r levied and a5sessed t��;ainst eaeh of
the lots and parcels af lands in sr�id local imrnoveraent distz ict
suc�i a suru as sha11 be necessary to �.�a.y off and dischar�e the total
cost of the irr�prover�ent herein ordered, to�ether ti7it� trie interest
thereon, ��zch assessment �o becone due �nd be paid in five equal
annual installrae�rts ti�ith interest thereon from �he c:ate af issuance
o f �he b c�nd s at �� rat e of 8 pe r o ent pe r annum, and e ach ye ar one
of said instal7�nts, to�et�er grith t he interest thereon �nd the
inte re st on all in�tal Ine nt s thQrc�.f te r t o be come due sha11 be
collectea in the sarae m.nner provided by law for �he collection of
speci�,l assessnents where no bovds r�re issuecl.
SECTIOrd V The owner of any lot or �areel of land
charged �ith such assessment muy redeem the s�e fror� �.11 li�,bility
for the coiitract price of s�id improvenerYt and the tvtal cost
thereof b� payin� the entire assess�aent charged ag�.inst s�id 1ot or
pareel of land ;�vithout interest, rvithin thirty d�,ys after no�ice to
him o� such assessment, sueh notice to be �iven lr�p the City Treasurer
in the manner prQvided by lav�, by the publication of a proper notice
t�to �
in then official. ne�sp�,per of said City far�consecutive weekly
issues th�.t tho s�id roll is in his hands for collection and that
any assessment therein may be paid at a.n�r ti�e cv3.thin thrity da.ys
from the date a� the firs�t publication of such notiae, �ithou�
, �
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pena,lty, interest or cos�s. fihe bonds herein provided for shall not
b� issued prior to t�venty days �.ftEr the expirat3on of the � thirty
days ;�bove nentioned, but ma� be issuecl at an� tlme thereafter.
The owner of an;� lot or p�.reel of land na�y redeen the
same from a11 liabilit�r �or said �,ssessr�ent at any tirne after said
thirty dr�;rs by payir� the er�tire ins��.11raents of said �.ssessinent
remainin� unpaict �nd char�;ed againat s�id lot or parcel of land nt
the time of such p€�yment c�ith interest thereon to the date of m�,turity
of the installment next falling due.
In a11 ca�es v�here ar.y installment or any aUse�sment ie
��.id as herein provided the ��me sha11 be p�,id to t�ie Cit� �reasurer
or to the officer whose du��r it is to colleat said assessraent �nd
�11 sums so paid �hall be �,�plied sol�ly to the pay�aent o-� the costs
and expenses of�uch improveraent or tY:e redemption of the bonds issu�d
therefor.
• The Cit;; Trer�surer shall pay the interest on the bonds
authoriaed -�o be issuecl �ierein out of the locr�l irnproveraent fund
fron which they sre payable . �Tnenever there sh�11 be sufficent
ruone� in said iznprovement fund over and above �ufficent for the
payment of interest on all unpaid bonds, to pay the principal of
one or rnore bonc�s, the City Treasuz•er shall call in anc� p�y such
bands, provided trla� the sar�e sha11 be called in €znd p�.id in their
numerical order, snzch calZ to be raade by �, publica.tion in the Cit�
Of�ici�.l iyev�spaper on the date follo��in€ the delinquincy of �he
installn�ent of the assessm�nb or as soon thareafter �.s ia
pr�.eticizble, anr3 s�aa.11 s�ate that Loeal Ir�provement Bond3 TTo. �J'—�,
giving tlie serial n�mber or numbers of the bonds calle�, �vill be
paid on tne da,t� the next interest coupons on said bonds �hall
become due�, and the intere�t on said bonds shall cease on �aid da.te.
. ' �
5�:���'IOI� VI T�ei ther the holder or the ov�rne r o�'
an�rr bonds issued under the provisions af thi� ordin�,nce, shall have
an� clai�n therefor �z�ainst the Cit� of ��entan, ex�ept from �he spe�
cial asseasrrient levied for triis ir�provement, but his rer�ed� in
case of nan �Syment shall be confined to the enforaement of such
assessinent.
S�CTIOII �TII Y'Vithin thirty days €�fter the pasua�e
and. approva.l of th�s ordinance the Clerk o� the s�.id City* shall
advertise for bids -�or the conatruction of the work herein ordered
done in confor�nit� to tlie lacvs of the State of olashin�;;ton a.nd �he
Ordin�,nces of the City of Renton.
S;CTIO�,i VIII Thi� ordinance �h�,11 be in full
force and effect five da� frora and �.fter its p�ssage, a.pprova3
and legal publication.
Ap�roved this �u�ust 16th. 1�10.
��.�����n�--
� r�a�ror.
Passed this gu�ust ,
9
_�� (�,�' �_�7 /.
Ci�yT Clerk.