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1038_00001CITY OORMD N NCLAKE,WASHINGTON AN ORDINANCE of the City of Moses Lake,Washing- ton,approving and confirming the assessments andassessmentrollofUtilityLocalImprovementDis-trict No.2 for the improvement of certain prop-erties within the City and levying and assessingthecostandexpensethereofagainsttheseverallots,tracts,parcels of land and other property as shown on the assessment roll. WHEREAS,the assessment roll levying the special assess- ments against the property located in Utility Local Improvement District No.2 (formerly Local Improvement District No.46)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 WHERBAS,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 special benefits to be received by each lot,parcel and tract of land shown upon such roll,including the increase and enhance- 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.2 which has been created and established for the purpose of improving certain properties within the City by constructing and installing a sanitary sewer and water system and connecting the same to existing facilities at Sharon Avenue and Pioneer Way,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 $364,273.70. 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 i 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 en q na ahn uath rne fa menhes hr maining uthnparid mher eby f dxed at the rate of 13%per annumr 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.2 is other than 12-1/2%per annum,the interest rate on the unpaid ORD.1038 -2 - asseesseme ts£ech entrervisedrate nr h ol/2 ofT rexc en t 11- 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 i thirty-day period during which such installment is due and payable shall thereupon become delinquent.All delinquent installments 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. Mayor Pro Tem emp.1038 -3 - ATTEST: C erk-Treasurer APPROVED AS TO FORM: Cy ttorney Published:November 27,1981 i i RD.1038 -4 -