HomeMy WebLinkAbout2699ORDINANCE NO.
AN ORDINANCE of the City of Kent,
Washington approving and confirming the
assessments and the assessment role of Local
Improvement District 310 which has been created
and established for the purposes of
construction and installation of a drainage
channel on 72nd Ave. S. in Kent; all as
provided by Ordinance 2431; and 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. 310 has 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
ipublished at and for the time and in the manner provided by law,
ifixing a time and place of hearing thereof for the 5th day of
January, 1987 at the hour of 7 o'clock p.m. in the Council
Chambers of the City Hall in the City of Kent, Washington, and
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'further notice thereof was duly mailed by the City Clerk to each
property owner shown on the roll; and
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WHEREAS, the Council finds that the lots, tracts, parcels;
of land and other properties within L.I.D. 310 are specially
benefited by the improvements in at least the amount charged
I against the same; NOW THEREFORE
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THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON DOES
HEREBY ORDAIN AS FOLLOWS:
Section 1. The assessments and assessment roll of Local
Improvement District No. 310 which has been created and
established for the purposes of construction and installation of
P-2 drainage channel on 72nd Ave. S. be and the same is hereby in
all things and respects approved and confirmed in the total amount
of 203,686.17.
Section 2. Findings.
2.1. Each of the lots, tracts, parcels of land and/other
properties shown upon the roll is hereby determined and declared
to be specially 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 upon the roll. There is hereby levied and assessed
against each lot, tract, parcel of land and other property
appearing upon the roll the amount finally charged against the
same thereon.
Section 3. The assessment roll as approved and confirmed
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 a payment of any assessment thereof or any portion
of 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 may be paid in ten (10) equal installments with interest at
an estimated rate of 11 percent per annum, with the exact interest
rate to be fixed in the ordinance authorizing issuance and sale of
the LID bonds for LID 310. The first installments of assessments
on the assessment roll shall become due and payable during the
thirty (30) day period succeeding the date one (1) year after 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
(30) day period, interest upon the whole unpaid sum shall be
charged at the rate as determined above, and each year thereafter
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
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additional charge of 9 percent penalty levied upon both principal
and interest due upon such installment or installments. The
collection of such delinquent installments will be enforced in the
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 1
DA KELLEHER, MAYOR
(ATTEST:
MARIE JENSFX,/ CITYI CLERK
(APPROVED AS TO FORM:
IA AA
I AN A DRISCOLL, CI= ATTORNEY
PASSED the f' day of ck' , 1987.
APPROVED the - day of ���' --- , 1987.
PUBLISHED the _day of '-�%✓ , 1987.
I hereby certify that this is a true copy of Ordinance
No.�r,� , passed by the City Council of the City of Kent,
(Washington, and approved by the Mayor of the City of Kent as hereof
lindicated.
04360-150
_(SEAL)
MARIE 9ZNtEN, C TY CLERK
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