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2622^ w ORDINANCE NO.2622 AN ORDINANCE AMENDING CHAPTER 12.40 OF THE MOSES LAKE MUNICIPAL CODE ENTITLED "STREET CONSTRUCTION OR IMPROVEMENT REIMBURSEMENT CHARGES" THE CITY COUNCIL OF THE CITY OF MOSES LAKE,WASHINGTON ORDAINS AS FOLLOWS: Section 1.Chapter 12.40 of the Moses Lake Municipal Code entitled "Street Construction or Improvement Reimbursement Charges"is amended as follows: 12.40.113 Street Improvements Charges -Wapato Drive:Street improvements consisting of improving a portionofthe easterly halfof Wapato Drive withcityfunds shall be reimbursed at a rate of$74.60 per front foot upon platting of said property. A.All property fronting the east side of Wapato Drive beginning at the point where the extension ofthe northerlyboundary ofthe Alderbrook Estates MajorPlat intersects the easterly boundary of Wapato Drive,and terminating at the point where a perpendicular line starting at the Southeast corner of said major plat intersects the easterly boundary of Wapato Drive. Grant County Parcel 090360000 Grant County Parcel 090361000 The above reimbursement rate shall be adjusted upward commencing on June 1, 2013 by the change in the January to January all West Coast Cities CPI-index issued in January of 2013 and shall be so adjusted each Junel thereafter using the same index. Section 2. This ordinance shall take effect and be in force five (5)days afteritspassage and publication of its summary as provided by law. Adopted by the CityCouncil and signed by its Mayoron July 26,2011. Jon bade,Mayor ATTEST: >v^ Ronald R.Cone,Finance Director APPROVED AS TO FORM: c L.Kenison,CitvNAttefnevKatherineL.kenison,CityNAttefney