603_00001ORDINANCE NO.603
AN ORDINANCE ORDËRING THE IMPROVEMENT OP THE
ALLEY PARALLELAND NORTHWEST OF BROADWAY AVE-
NUE FROM ALDER STREET TO ASH STREET BY GRADING,
GRAVELING,CONSTRUCTING AND INSTALLING STORM
DRAINAGE,CURBS,SIDEWALKSAND ASPHALTIC CONCRETE
PAVEMENT,ALL IN ACCORDANCE WITH RESOLUTION NO.497
OF THE CITY COUNCIL OF THE CITY OF MOSES LAKE,WASHINGTON;ESTABLISHING LOCAL IMPROVEMENT DISTRICT NO.24;i PROVIDING THAT PAYMENT FOR SAID IMPROVEMENT BE MADE
BY SPECIAL ASSESSMENTS UPON PROPERTY IN SAID DISTRICT
PAYABLEBY THE MODE OF "PAYMENT BY BONDS OR NOTE;AND
PROVIDING FOR THE ISSUANCE AND SALE OF LOCAL IMPROVE-
MENT DISTRICT WARRANTS REDEEMABLE IN CASH AND LOCAL
IMPROVEMENT DISTRICT BONDS OR NOTE
WHEREAS,by Resolution No.497 adopted September 23,1969,the City Council of
the City of Moses Lake declared its intention to improve the alley parallel to
and Northwest of Broadway Avenue from Alder Street to Ash Street by grading,
graveling,constructing and installing storm drainage,curbs,sidewalks and
asphalt concrete pavement and to create a local improvement district to assess
the cost and expense of said improvements against the properties in such
district specially benefited thereby,and notified all persons who may desire
to object to said improvements to appear and present their objections at a
meeting of the City Council to be held on the 13th day of October,1969 at
8 ao clock Pn ain the Council Chambers in the City Hall in the City of Moses Lake,
WHEREAS,K.Patrick Nevins,Public Works Director of the City of Moses Lake,
has caused an estimate to be made of the costs and expenses of the proposed im-
provement and has certified said estimate to the City Council,together with all
papers and information in his possession touching the proposed improvement,a
description of the boundaries of the District,a statement of what portion of the
cost and expense of the improvement skpuld be borne by the property within the
proposed district,and a statement in detail of the local improvement assessments
outstanding or unpaid against the property in the pro2posed district,and a statement of
the aggregate actual valuation of the real estate,including 25%of the actual
valuation of the improvements in the proposed district,according to the valuation
last placed upon it for the purpose of general taxation;and
WHEREAS,said estimate is accompanied by a diagram of the proposed improvement
I showing thereon the lots,tracts,parcels of land,and other property which will
be specially benefited by the proposed improvement,and the estimated amount of
the cost and expense thereof to be borne by each lot,tract,and parcel of land or
other property;and
WHEREAS,due notice of the hearing upon said Resolution No.497 was given in
the manner provided by law and said hearing was held by the City Council on
October 13,1969,and all written protests filed with the City Council on or before
said date were duly considered and all persons appearing at said hearing were heard;
and
Ordinance No.603:2
WHEREAS,the City Council has determined it to be in the best interests of the City
that the said improvements,as hereinafter described,be carried out and that a
local improvement district be created in connection herewith,NOW,THEREFORE
THE CITY COUNCIL OF THE CITY OF MOSES LAKE,WASHINGTON,DO ORDAIN
i AS FOLLOWS:
Section 1.It is hereby ordered that the alley parallel to and Northwest
of Broadway Avenue from Alder Street to Ash Street be improved by grading,graveling,
constructing and installing storm drainage,curbs,sidewalks and asphaltic concrete
pavement,all in accordance with the plans and specifications therefor prepared by
the Public Works Director.
Section 2.There is hereby created and established a local improvement
district to be called "Local Improvement District No.24 of the City of Moses Lake,
Washington,"which District is described as follows and contain,s the following areas:
Lots 1 through 12,Block G and Lots I through 12 ,Block F
Plat of Neppel.Vacated street between Block F and G,Plat
of Neppel,all in the City of Moses Lake.
Section 3.The total estimated cost and expense of said improvement is
hereby declared to be Twenty Six Thousand Six Hundred Seventy two ($26,672.00)
and 00/100 Dollars.
I Section 4.The total cost and expense shall be borne by and assessed
against the property specially benefited by the improvement to be included in the
local improvement district herein established.
Section 5.The nature of the improvement provided for herein is such
that the special benefits conferred upon the property in the local improvement
district herein created are fairly reflected by the use of front footage method of
assessment therefor and it is hereby provided and ordered that the assessments
shall be made against the property of the District in accordance with the front
footage method provided by statute.
Section 6.Local Improvement District warrants shall be issued in
payment of that portion of the cost and expense of the improvement herein ordered
to be assessed,such warrants to be payable out of the "Local Improvement Fund,
District No.24"hereinafter created,to bear interest from the date thereof at airatetobehereafterfixedbyordinancenottoexceed8%per annum and to be
redeemed in cash,and/or by local improvement district bonds or note therein
authorized to be issued,said interest-bearing warrants to be hereafter referred to
as "revenue warrants."Such bonds or note shall bear interest at a rate to be
hereafter fixed by ordinance not exceeding 8%per annum,shall be payable on
or before twelve (12)years from the date of issuance,the life of the improve-
ment ordered being not less than twelve years,and shall be issued in exchange
for and in redemption of any and all revenue warrants issued hereunder and not
redeemed in cash within a period not to exceed 60 days after the first publication
CYdinance No.603:3
by the City Treasurer of notice that the assessment roll for Local Improvement
District No.24 is in her hands for collection.The bonds or note shall be re-
deemed by the collection of special assessment s to be levied and assessed
upon the property within said District,payable in ten (101equal annual in-
stallments,with interest at a rate to be hereafter fixed by ordinance not
i exceeding 8%per annum,under the mode of "paymentby bonds or note,"
as defined by law and the ordinances of the City of Moses Lake.In the
case of default in the payment of any assessment when the same shall become
due,there shall be added interest at a rate to be hereafter fixed by ordinance
not to exceed 8%per annum and a penalty of 5%which shall also be collected.
The exact form,amount,date,interest rate and denominations of said warrants
and bonds or note shall be hereafter fixed by ordinance of the City Council.Said
warrants and bonds or note shall be sold in such manner as the City Council shall
hereafter determine.
Section 7.All the work necessary to be done in connection with
the making of said .improvement shall be done by and made by contract upon
competitive bids and the City shall have and reserve the right to reject any
and all bids.The call for bids for work authorized pursuant to the Ordinance shall
include a statement that payment for said work will be made in cash warrants
drawn upon the "Local Improvement Fund,District No.24."l Section 8.There is hereby created and established in the office
of the City Treasurer of the City of Moses Lake,for Local Improvement District
No.24,a special fund to be known and designated as "Local Improvement Fund,
District No.24,"into which fund shall be deposited the proceeds from the sale
of revenue warrants drawn against said fund which may be issued and sold by the
City and collections pertaining to assessments,and against which fund shall be
issued cash warrants to the contractor or contractors in payment for the work to be done
by them:in connection with said improvement and against which fund cash warrants shall
be issued in payment of all other items of expense in connection with said improvements.
Section 9.A public hearing has been held regarding the improvement
of-this alley.Therefore,the provisions of Section 17,Ordinance No.474 are hereby
waived.This ordinance shall be read only once before its passage and shall take
effect immediately after passage and publication.
I PASSED by the City Council and APPROVED by its Mayor this 25th Day of November,1969.
Mayor,O aug
ATTEST•
Citý Clerk,CharÍes ave'nport
APPRO D AS TO FORM:
C1 Attorney,John E .Ca lbom