1037_00001CITY OF MOSES LAKE,WASHINGTON
ORDINANCE NO.1037
AN ORDINANCE of the City of Moses.Lake,Washing-
ton,approving and confirming the assessments andassessmentrollofUtilityLocalImprovementDis-
trict No.1 for the improvement of the lowerPeninsulaareawithintheCityandlevying andassessingthecostandexpensethereofagainst theseverallots,tracts,parcels of land and otherpropertyasshownontheassessmentroll.
WHEREAS,the assessment roll levying the special assess-
ments against the property located in Utility Local Improvement
District No.1 (formerly Local Improvement District No.43)in the
City of Moses Lake,Washington (the "City"),has been filed with
the Clerk-Treasurer of the City as provided by law;and
WHEREAS,notice of the time and place of hearing thereon
i and making objections and protests to the roll was duly published
at and for the time and in the manner provided by law fixing the
time and place of hearing thereon for the 10th day of February,
1981,at the hour of 8:00 p.m.local time in the Council Chambers
in the City Hall,Moses Lake,Washington,and further notice thereof
was duly mailed by the City Clerk-Treasurer to each property owner
shown on the roll;and
WHEREAS,at the time and place fixed and designated in
the notice the hearing was duly held and all written protests
received were duly considered and all persons appearing at the
hearing were heard,and the City Council,sitting and acting as a
Board of Equalization for the purpose of considering the roll and
the spec haownbenefit tch eolrec cedud nye hhe loncreparceandaendnharnacect-
ment of the fair market value of each such parcel of land by reason
of the improvement,overruled all such protests;NOW,THEREFORE,
THE CITY COUNCIL OF THE CITY OF MOSES LAKE,WASHINGTON,
DO ORDAIN,as follows:
Section 1.The assessments and assessment roll of
Utility Local Improvement District No.1 which has been created and
established for the purpose of improving the lower Peninsula area
by constructing and installing a sanitary sewer system and connect-
ing the same to existing sewer facilities at Peninsula Drive and
Wanapun Drive,as provided by Ordinance No.999,as the same now
stand be and the same are hereby in all things and respects approved
and confirmed in the total amount of $465,320.51.
Section 2.Each of the lots,tracts,parcels of land and
other property shown upon the assessment roll is hereby determined
and declared to be specially benefited by this improvement in at
least the amount charged against the same,and the assessment
appearing against the same is in proportion to the several assess-
ments appearing upon the roll.There is hereby levied and assessed
against each lot,tract or parcel of land and other property appear-
ing upon the roll the amount finally charged against the same
thereon.
Section 3.The assessment roll as approved and confirmed
shall be filed with the Clerk-Treasurer of the City for collection
and the Clerk-Treasurer is hereby authorized and directed to publish
notice as required by law stating that the roll is in his hands for
collection and that payment of any assessment thereon or any portion
of such assessment can be made at any time within thirty days from
date of first publication of such notice without penalty,interest
rn wentyand tahatannhere erallhm ntsm ema nn neresnp der ayn rpabid
fixed at the rate of 13%per annum,provided,however,that if the
net effective interest rate fixed on the water and sewer revenue
bonds hereafter issued for Utility Local Improvement District No.1
is other than 12-1/2%per annum,the interest rate on the unpaid
D:m3.1037 -2 -
assessments shall be revised to a rate of 1/2 of 1%in excess of
the net effective interest rate on such bonds.The first install-
ment of assessments on the assessment roll shall become due and
payable during the thirty-day period succeeding the date one year
after the date of first publication by the Clerk-Treasurer of
notice that the assessment roll is in his hands for collection and-
annually thereafter each succeeding installment shall become due
and payable in like manner.If the whole or any portion of the
assessment remains unpaid after the first thirty-day period,inter-
est upon the whole unpaid sum shall be charged at the rate as
determined above,and each year thereafter one of the installments,
together with interest due on the unpaid balance,shall be col-
lected.Any installment not paid prior to expiration of the
thhirty dh
re p
dbedcuringde huesuch instde
nque nata
mpayable
shall be subject to a charge for interest at the rate as determined
above and for an additional charge of 9%penalty levied upon both
principal and interest due upon such installment or installments.
The collection of such delinquent installments shall be enforced in
the manner provided by law.
Section 4.This ordinance shall take effect from and
after its passage and five (5)days following its publication as
required by law.
PASSED by the City Council and APPROVED by the Mayor of
the City of Moses Lake,Washington,at a regular open public meet-
ing thereof,this 24th day of November,1981.
ORD.1037 -3 -