995_00001ORDINANCENO.995
ANORDINANCEAPPROVINGANDCONFIRMINGTHE ASSESSMENTSANDASSESSMENTROLLOFLOCALIMPROVEMENTDISTRICTNO.45 WHICHHASBEENCREATEDANDESTABLISHEDFORTHEPURPOSEOFGRADING,GRAVELING,CONSTRUCTING,ANDINSTALLINGSTORMDRAINAGE,SIDELATERALSEWERCONNECTIONS,CURBS,SIDEWALKS,ANDASPHALTCON-CRETEPAVB4ENTIN THE LAKEVIEWAREAON COOLIDGEDRIVEFROMPLUMSTREETTOTERRACEAVENUEANDONPLUMSTREETFROMCOOLIDGEDRIVETOIRONWOODDRIVEASPROVIDEDINORDINANCENO.977 AND
i LEVYINGANDASSESSINGTHEAMOUNTTHEREOFAGAINSTTHESEVERALLOTS,TRACTS,PARCELSOF LANDANDANYOTHERPROPERTYSHOWNONSAIDROLL
WHEREAS,the assessment roll levying the special assessments against propertieslocatedinLocalImprovementDistrictNo.45 in the City of Moses Lake,Wash-ington,created under Ordinance No.977 has been filed with the Cit.y Clerk of theCit.y of Moses Lake as provided by law;and
WHEREAS,notice of the time and place of hearing thereof and of making objectionsandproteststosaidrollwasdulypublishedatandforthetimeandinthecannerprovidedbylaw,fixing the time and place of hearing thereon for December23,1980 at the hour of 8:00 o'clock p.m.in the Council Chambers in the CityHall,Moses Lake,Washington,and further notice thereof was duly mailed by theCityClerktoeachpropertyownershownonsaidroll;and
WHEREAS,at the time and place fixed and designated in said notice the hearingwasdulyheldandallprotestsmadeinwritingwerereadandsubmittedtotheCit.y Council and were by it overruled,
NOW,THEREFORE,THE CITYCOUNCILOF THE CITY OF MOSESLAKE,WASHINGTON,DOORDAINASFOLLOWS:
Section 1.That the assessments and assessment roll of Local Improvement Dis-trict No.45 which has been created and established for the purpose of grading,I graveling,constructing and installing storm drainage,side lateral sewer connec-tions,curbs,sidewalks,and asphalt concrete pavement in the Lakeview area onCollidgeDrivefromPlumStreettoTerraceAvenueandonPlumStreetfromCoolidgeDrivetoIronwoodDriveintheCityofMosesLakeasprovidedinOrdinanceNo.977 as the same now stands,be and the same as hereby in all things and respectsapprovedandconfirmed.
Section 2.That each of the lots,tracts,parcels of land and other propertyshownuponthesaidrollisherebydeterminedanddeclaredtobespeciallybene-fited by said improvements in at least the amount charged against the same andtheassessmentappearingagainstthesameisinproportiontotheseveralassess-ments appearing upon said roll.There is hereby levied and assessed against eachlot,tract,parcel of land and other property appearing upon said roll the amountfinallychargedagainstthesamethereon.
Section 3.That the assessment roll as approved and confirmed shall be filedwiththeTreasureroftheCityofMosesLakeforcollectionandthatsaidcityTreasurerisherebyauthorizedanddirectedtopublishnoticeasrequiredbylawstatingthatsaidrollisinherhandsforcollectionandthatpaymentofanyassessmentthereonoranyportionofsaidassessmentcanbemadeatanytimewithinthirt.y (30)days from the date of the first publication of said noticewithoutpenalt.y,interest,or cost,and that thereafter the sum remaining unpaidmaybepaidintenequalannualinstallmentswithinterestthereonfixedattherateof13%per annum,provided however,that if the net effective interest ratefixedonthelocalimprovementbondshereafterissuedforLocalImprovementiDistrictNo.45 is other than 12½%per annum,the interest rate on the unpaidassessmentsshallberevisedtoarateof½of 1%in excess of the net effectiveinterestrateonsuchbonds.The first installment of assessments on said assess-ment roll shall become due and payable during the 30-day period succeeding thedateoneyearafterthedateoffirstpublicationbytheCityTreasurerofnoticethattheassessmentrollisinherhandsforcollectionandannuallythereaftereachsucceedinginstallmentshallbecomedueandpayableinlikemanner.
If the whole or any portion of the assessment remains unpaid after the first 30-
day period,interest upon the whole unpaid sum shall be charged at a rate of
thirteen percent (13%)per annum,provided however,that if the net effective
interest rate fixed on the local improvement bonds hereafter issued for Local
Improvement District No.45 is other than 12½%per annum,the interest rate ontheunpaidassessmentsshallberevisedtoarateof½of 1%in excess of the net
effective interest rate on such bonds;and each year thereafter one of said
installments,together with interest due on the whole of the unpaid balance,
shall be collected.Any installment not paid prior to the expiration of the said
30-day period during which such installment is due and payable shall thereuponbecomedelinquent.All delinquent installments shall be subject to a charge forinterestattherateabovereferenced,and for an additional charge of ninepercent(9)penalty levied upon both principal and interest due upon such install-
ment or installments.The collection of such delinquent installments shall be
enforced in the manner provided by law.
Section 4.This ordinance shall take effect and be in force five (5)days after
its passage and publication as provided by law.
PASSEDby the City Council of the City of Moses Lake,Washington at a regular
meeting thereof and APPROVEDby its Mayor this 27th day of January .
Mayor
ATTES:
Publish:1/30/81
i