HomeMy WebLinkAbout2813ORDINANCE NO.
AN ORDINANCE of the City of Kent,
Washington, approving and confirming the
assessments and assessment roll of Local
Improvement District 325 which has been created
and established for the purposes of
construction and installation of certain
street, water and sanitary sewer improvements
on 76th Ave. S. from S. 212th St. to
approximately the S. 220th block, within the
City of Kent; all as provided in Ordinance
2683; and levying and assessing the amount
thereof against 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. 325 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
published at and for the time and it the manner provided by law,
fixing a time and place of hearing thereof for the 18th day of
October, 1988 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 Council finds following the public hearing
that the lots, tracts, parcels of land and other properties within
L.I.D. 325 are specially benefitted by the improvements ir 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 assessment roll of Local
Improvement District No. 325 which has been created and
established for the purposes of construction and installation of
certain street, water and sanitary sewer improvements on 76th Ave.
S. from S. 212th St. to approximately the S. 220th block, within
the City of Kent shall be and the same is hereby in all things and
respects approved and confirmed in the total amount of 771,380.78,
Section 2. Fach 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 sun 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 325. 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) dray 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
and interest due upon such installment or installments. The
collection of such delinquent installments will to 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 pro v'ded by law.
DAN KELLEHER, MAYOR
ATTEST:
MARIE JENSF - C TY CL 'RK
APPR�VED AS TO FORM:
PASSED the
CITY A71TOR.N
/ day of
1988.
APPROVED the day of 1988.
PUBLISHED the day ofv`--- , 1988.
I hereby certify that this is a true copy of Ordinance
No. , passed by the City Council of the City of Kent,
Washington, and apprcved by the Mayor of the City of Kent as hereo:
indicated.
(SEAL)
MARIE JENSE CITY CLERK
6280-23C