Loading...
HomeMy WebLinkAbout2913ORDINANCE NO. AN ORDINANCE of the City of Kent, Washington, approving and confirming the assessments and the assessment roll of Local Improvement District 328, which has been created and established for the purposes of the widening and improvement of West Valley Highway from South 212th Street to South 189th Street in Kent; all as provided in Ordinance 2735; and the levying and assessing the amount thereof against several lots, tracts, parcels of land, and the properties shown on the roll. WHEREAS, the assessment roll levying the special assessments against the properties located in Local Improvement District No. 328 have been filed with the Clerk of the City of Kent, as provided by law; and WHEREAS, notice of the time and place of hearing thereon and of making objections and protests as to the roll was duly published at and for the time and in the manner provided by law, fixing a time and place of hearing therefor for the 20th day of March, 1990 at the hour of 7 o'clock p.m. in the Council Chambers of the City Hall in the City of Kent, Washington, and further notice thereof was duly mailed by the City Clerk to each property owner shown on the roll; and WHEREAS, the City Council continued the hearing on said matter in order to fully ensure full and proper notice to April 3, 1990 at 7 o'clock p.m. in the Council Chambers of the City Hall it the City of Kent, Washington; and WHEREAS, the Council held such public hearings and considered all written and verbal testimony before it; and WHEREAS, the Council finds that the lots, tracts, parcel: of land, and other properties within LID 328 are specially benefited by the improvements in at least the amount charged against the same; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON DOES HEREBY ORDAIN AS FOLLOWS: Section 1. The assessments and the assessment roll of Local Improvement District No. 328 which has been created and established for the purposes of the widening and improvement of West Valley Highway from South 212th Street to South 189th Street be and the same is hereby in all things and respects approved and confirmed in the total amount of $7,185,802.37. Section 2. Findings. Each of the lots, tracts, parcels of land, and other properties shown upon the roll is hereby determined and declared to be specifically benefited by the improvements in at least the amount charged against the same, and the assessment appearing against the same is in proportion to the several assessments appearing on the roll. There is hereby levie and assessed against each lot, tract, parcel of land, and other property appearing on the roll the amount finally charged against the same thereon. Section 3. The assessment roll as approved and confirme, shall be filed with the Supervisor of Treasury Accounting of the City of Kent for collection, and the Supervisor of Treasury Accounting is hereby authorized and directed to publish notice as required by law stating that the roll is in her hands for collection and payment of any assessment thereof or any portion o that assessment can be made at any time within thirty (30) days from the date of the first publication of the notice without penalty, interest or cost, and that thereafter the sum remaining unpaid shall be paid in twenty (20) equal installments with interest at an estimated rate of 11% per annum with the exact interest rate to be fixed in the ordinance authorizing issuance and sale of the LID bonds for LID 328. The first installments of assessments on the assessment roll shall become due and payable during the thirty (30) days succeeding the date one (1) year afte the date of the first publication by the Supervisor of Treasury Accounting of notice that the assessment roll is in her hands for collection and annually thereafter each succeeding installment shall become due and payable in like manner. If the whole or any portion of the assessment remains unpaid after the first thirty MMM (30) day period, interest upon the whole unpaid sum shall be charged at the rate as determined above, and each year thereafter li one of the installments, together with interest due on the whole unpaid balance, shall be collected. Any installment not paid prior to the expiration of the thirty (30) day period during which sum installment is due and payable shall thereupon become delinquent. All delinquent installments shall be subject to a charge of interest at the rate as determined above and for an additional charge of 9% percent penalty levied upon both principal i and interest due upon such installment or installments. The collection of such delinquent installments will be enforced in th manner provided by law. Section 4. Effective Date. This ordinance shall take effect and be in force five (5) days from and after its passage, approval and publication as provided by law. DAN KELLEHER, MAYOR ATTEST: MARIE JE , CITY CLERK - 7 PASSED the h day of , 1990. APPROVED the day of , 1990. PUBLISHED the �day of Y , 1990. - 3 - I hereby certify that this is a true copy of Ordinanc No. o passed by the City Council of the City of Kent, Washington, and approved by the Mayor of the City of Kent as here indicated. 8370-300 l - (SEAL) MARIE J N, CITCLERK - 4 -