Loading...
980_00001ORDINANCENO.980 ANORDINANCEORDERINGTHE IMPROVB4ENTOFIRONWOODDRIVEFROMPLUMSTREETTO350FEETSOUTHONTHEWESTERLYSIDEPORTIONOFIRONWOODBYGRADING,GRAVELING,CONSTRUCTINGANDINSTALLINGCURBS,SEWERSIDE LATERALS,ASPHALTCONCRETEPAVINGANDSTORNDRAINAGEINACCORDANCEWITHRESOLUTIONNO.944 OF THE CITYCOUNCILOFTHECITYOFMOSESLAKE,WASHINGTON;ESTABLISHINGLOCALIMPROVEMENTDISTRICTNO.48;PROVIDINGTHEMETHODOFASSESSMENTINSAIDDISTRICT;PROVIDINGTHATPAYMENTFORSAIDiIMPROVEMENTBEMADEBYSPECIALASSESSMENTSUPONPROPERTYINSAIDDISTRICTPAYABLEBYMODEOF"PAYMENTBY BONDS";ANDPRO-VIDINGFORTHE ISSUANCEFORSALEOF LOCALIMPROVEMENTDISTRICTWARRANTSREDEEMABLEINCASHANDLOCALIMPROVB4ENTDISTRICTBONDS;ANDREPEALINGORDINANCENO.937. WHEREAS,by Resolution No.944,adopted July 10,1979,by the City councilof theCityofMosesLake,Washington,declared its intention to improve Ironwood DrivefromPlumStreetto350feetsouthonthewesterlysideportionofIronwoodbygrading,graveling,constructing,and installing curbs,sewer side laterals,asphalt concrete paving and storm drainage,and fixed the 14th day of August,1979,at 8:00 o'clock p.m.,in the Council Chambers in the Police/Justice Court,Moses Lake,Washington,as the time and place for hearing all matters relating tosaidimprovementandallobjectionstheretoandfordeterminingthemethodofpaymentofsaidimprovement;and WHEREAS,the City Engineer's Office has caused an estimate to be made of the costsandexpenseofeachcontinuousunitoftheproposedimprovementandhascertifiedsaidestimatetotheCityCouncil,together with all papers and information in itspossessiontouchingtheproposedimprovement,a description of the boundaries oftheDistrict,a statement of what portion of the cost and expense of the improve-ment should be borne by the property within the proposed District,a statement indetailofthelocalimprovementassessmentsoutstandingorunpaidagainstthepropertyintheproposedDistrictandastatementoftheaggregateactualvalu-I ation of the real estate,including 25%of the actual valuation of the improve-ments in the proposed District,according to the valuation last placed upon it forthepurposeofgeneraltaxation;and WHEREAS,said estimate is accompanied by a diagram of the proposed improvementshowingthereonthelots,tracts,parcels of land,and other property which willbespecificallybenefitedbyeachcontinuousunitoftheproposedimprovement,andtheestimatedamountofthecostandexpensethereoftobebornebyeachlot,tract and parcel of land or other property;and WHEREAS,due notice of the hearing on Resolution No.944 was given in the mannerprovidedbylawandsaidhearingwasheldbytheCityCouncilonAugust14,1979,and all written protests filed with the City Council on or before said dates weredulyconsidered;and WHEREAS,it has been further determined to be in the best interests of the Citythatthesaidimprovement,as hereinafter described,be carried out and that alocalimprovementdistrictbecreatedinconnectiontherewith,NOWTHEREFORE, THECITY COUNCILOF THECITY OF MOSESLAKE,WASHINGTON,DOORDAINAS FOLLOWS: Section 1.It is hereby ordered that the improvement in the City of Moses Lake,Washington,and the construction,be carried out,to wit: By grading,graveling,constructing and installing curbs,sewer sidelaterals,asphalt concrete pavement,and storm drainage on IronwoodDrivefromPlumStreetto350feetsouthonthewesterlyportionofIronwoodDrive. All of the foregoing shall be in accordance with the plans and specificationsthereforepreparedbytheCityEngineer's office. Section 2.The estimated cost and expense of said improvement is hereby declaredtobe$8,600. Ord.980 :Pg:.2 The entire cost and expense of said improvement shall be borne by and assessed against the property specially benefited by such improvement to be included in thelocalimprovementdistricthereinafterestablishedembracing,as near as may be,all properties specially benefited by such improvement. Section 3.There is hereby created and established a local improvement district tobeknownas"Local Improvement District No.48",which District is described asfollowsandincludesthefollowingdescribedproperties: A portion of property in the northeast quarter of Section 23,Township 19 North,Range 28 EWM,beginning at the centerline of Ironwood Drive and Plum Drive as shown on the North Terrace No.2 Addition,thencesouth36°55'30"West 350 feet;thence north 53°04'30"West 150 feet;thence north 36°55'30"east 350 feet;thence south 53°04'30"east 150 feet to the True Point of Beginning. Section 4.The nature of the improvement provided by herein is such that thespecialbenefitsconferreduponthepropertyinthelocalimprovementdistrict herein created are fairly reflected by the use of zone-and-termini method of assessment therefore and it is hereby provided and ordered that the assessmentsshallbemadeagainstthepropertyoftheDistrictinaccordancewiththezone-and-termini method provided by statute. Section 5.Local Improvement District warrants shall be issued in payment of thecostandexpenseoftheimprovementhereinordered,such warrants to be payable out of the "Local Improvement Fund,District No.48"hereinafter created,to bear interest from the date thereof at a rate to be hereafter fixed by ordinance,and to be redeemed in cash,and/or by local improvement district bonds herein author- ized to be issued.Such bonds shall bear interest at a rate to be hereafter fixed by ordinance,shall be payable on or before twelve years from the date of issuance, and shall be issued in exchange for and in redemption of any and all warrantsissuedhereunderandnotredeemedincashwithinaperiodnottoexceedsixty days after the first publication by the City Treasurer of notice that the assessmentrollfor"Local Improvement District No.48"is in his hands for collection.The bonds shall be redeemed by the collection of special assessments to be levied and assessed upon the property within said District,payable in ten equal annual installments,with interest at a rate to be hereafter fixed by ordinance,under the mode of "paymentbybonds,"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,and a penalty to be hereafter fixed by ordinance which shallalsobecollected.The exact amount,form,date,interest rate,and denominations of said warrants and bonds shall be hereafter fixed by ordinance of the City Council.Said warrants and bonds shall be sold in such manner as the City Council shall hereafter determine. Section 6.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 reserves 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 "Local Improve- ment Fund District No.48"of Local Improvement District No.48 of the City of Moses Lake,Washington. Section 7.There is created and established in the Office of the City Treasurer of the City of Moses Lake,for Local Improvement District No.48 a special fund to be known and designated as Local Improvement Fund District No.48 into which fund of local improvement district revenue warrants of the District herein authorized, to be issued and sold and collections pertaining to assessment and against which fund cash warrants shall be issued with said improvement and against which fund cash warrants shall be issued in payment of all other items of expense in connec- tion with said improvement. Ord.980:Pg:.3 Section 8.Ordinance No.937 is hereby repealed in its entirety upon the effectivedateofthisordinance. Section 9.The invalidity of any part of this ordinance shall not affect thevalidityofanyotherpartofthisordinancewhichcanbegivenitsfullforce andeffectwithouttheinvalidportionorportions. Section 10.This ordinance shall take effect and be in force five (5)days afteritspassageandpublicationasprovidedbylaw. I PASSEDby the City Council of the City of Moses Lake,Washington,and APPROVEDbyitsMayorthis28thdayofOctober,1980. AT City Cl rk ' Cþy Attorney Publish:11/67800 i i