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HomeMy WebLinkAbout12541 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 ORDINANCE N( . //C-- S An Ordinance of the City of Kent, Washington, providing for the improvement of certain streets and avenues in the City of Kent by the construction and installation of water mains and appurtenances and by doing all other work necessary in connection therewith and in- cidental thereto pursuant to Resolution No. 521 of the City; creating a local improvement dis- trict therefor and providing that payment of part of the cost of said improvements be made by special assessment upon the property in said district payable by the mode of payment by bonds and that the rest of such costs be borne by the City. WHEREAS, on the 15th day of June, 1964, the City Council of the City of Kent, Washington, adopted its Resolution No. 521 declaring its intention to order the improvement of certain streets and avenues within the City by the construction and installation of water mains and appurtenances, and by doing all other work necessary in connection therewith and incidental thereto; which Resolution fixed the time, date and place of hearing thereon at 8:00 P.M. on the 6th day of July, 19641, at the City Hall, Kent, Washington, and WHEREAS, such Resolution was duly published in the manner required by law and the notice of said 'nearing was duly given to the owners or reputed owners of all lots, tracts and parcels of land or other property to be specially benefited by the proposed improvement as required by law, and WHEREAS, said hearing was held on said date and at said time and place as provided in said Resolution and notice and after a discussion of said improvements and after hearing all protests and discussions of the same, the Council then ordered the improvements described in said Resolution No. 521 to be constructed and installed,and WHEREAS, said Council also determined that the City of Kent should contribute the amount of $59,246.24 to the cost of such improvements; NOW, THEREFORE, BE IT ORDAINED by the Council of the 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 City of Kent, Washington, as follows: Section 1. The following described streets and avenues within the City shall be improved by the construction and installation of the following described improvements, to -wit: SIZE ALONG FROM TO 10" First Avenue 10" South 258th St. 8" South 258th St. 8" S.Central Ave. (PSH -5) 8" Rexford Avenue 6" Alder Lane (S.262nd St.) 6" Rexford Avenue (S.266th St.) 6" Maple Lane (85th Ave. S) 6" Kent -Thomas Road South 258th St. 400 feet North First Avenue S.Central(PSH-5) S.Central Ave.(PSH-5)300 ft.East of West line Sec.30-22-5 S.258th Street 585 ft.South of Rexford Avenue S.Central Ave.(PSH-5)West 648 feet S.Central Ave.(PSH-5)Maple Lane(85th Ave South) S.Central Ave.(PSH-5)Maple Lane(85th Ave South) Rexford Avenue Alder Lane (S.266th St.) (S.262nd St.) Rexford Avenue 344 ft. South (S.266th St.) together with all necessary appurtenances thereto and by doing all other work necessary in connection therewith and incidental thereto, all in accordance with maps, plans and specifications prepared by the City Enginar, which maps, plans and specifica- tions are hereby adopted as those necessary and required for said improvements. Section 2. That there be and is hereby established a local improvement district of the City of Kent to be known as "Local Improvement District No. 245". Approximately $529776.53 of the entire cost and expense of said improvements and appurtenances including all necessary expenses incidental thereto, shall be borne by and assessed against the property included in the Local Improvement District heretofore created. The City of Kent shall bear approximately $5,246.24 of the cost of such improvements, appurtenances and incidental expenses. The Improvement District shall include all of the property contained within the following boundary lines, to -wit: Portion of Section 25, Township 22N, Range 4E$W.M. and of Section 30, Township 22N, Range 5E9 W.M. -2- 1 2 3 4 5 g 7 8 9 1 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 described as follows: Beginning at a point on the North line of S. 258th St. 150 feet West of the West Line of South First Avenue;thence North parallel to the West line of South First Avenue 424.79 feet; thence East parallel to the:North Line of S.258th St. to the East line of South First Avenue; thence South along the East line of S. First Ave., to the North line of S.258th St; thence East along the North line of S.258th St. to the East line of the N.P. Ry R/W; thence North along the N.P. Ry R/W a distance of 136 feet; thence East parallel to the North line of S. 258th st. to the East Line of Central Ave. (PSH -5); thence North along the East line of Central Avenue (PSH -5) 14 feet; thence East parallel to the north line of S.258th St. to a point 300 feet East of the West line of Sec. 30, Twp. 22N, Range SE.W.M.; thence South parallel to theWest Line of said Section 30 to the northerly margin of the Green River; thence southerly and westerly along the margin of the Green River to the East R/W line of the N.P. Ry; thence North along the said East R/W line to the North line of S.258th St; thence West along the said North line to the point of beginning. Less portion of Tract 17 Horseshoe Acre Tracts as recorded in Vol.15 of Plats, Page 10 Records of King County Washington described as follows: The West 44.6 feet of the North 97.5 feet of said Tract 17. That the City Council finds that the nature of the improvement is such that these special benefits conferred on the property are not fairly reflected by the termini and zone method, and the assessments shall be made against the property in the district in accordance with the special benefits it will derive from the improvement, without regard to the zone and termini method, and the assessment shall be computed in a manner which will fairly reflect the special benefits derived from said improvements. Section 3. Bonds of said Local Improvement District, bearing interest at a rate of not to exceed 6% per annum and payable on or before —years from date of issue, shall be issued in payment of the cost and expense of the improvements provided for herein, which bonds shall be redeemed by the col- lection of special assessments to be levied and assessed upon the property within the district as above provided, such -3- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 assessments to be payable in ;, equal installments, and with interest at a rate of not to exceed 6% per annum under the mode of "payment by bonds", as defined by law and the Ordinances of the City of Kent. Any assessments or installments thereof when delinquent, and the interest due thereon, shall bear a penalty of 50 of the total amount thereof from the date of said delinquency. That there be and there is hereby created a fund of the City to be known as "Local Improvement District No. 245 Fund". Warrants bearing interest at a rate of not to exceed 6% per annum shall be drawn on said fund, based on estimates of the City's Engineers, in payment of the cost of construction of said improvements and all costs incidental thereto. The money received from the sale of said warrants shall be placed in the Local Improvement District No. 245 Construction Fund of the City which is hereby created, and shall be used to pay all of said costs. The rate of interest to be borne by said warrants, bonds and installments of said assessments shall be as hereafter fixed by the City Council. The bonds of this district to be issued shall be delivered to the owner or owners of said Local Improve- ment District No. 245 Fund warrants, in redemption of the same. Section 4. This ordinance shall become effective five (5) days after its passage, approval and publication as required by law. Attest: City er' APPROVED AS TO FORM: ity Attorney Passed the day of July, 1964. Approved the_ day of July, 1964. Published theday of July, 1964. -4-