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1692_00001ORDINANCENO.1692 ANORDINANCEORDERINGTHE IMPROVEMENTOF THE CENTRAL DRIVEAREABETWEENGRAPEDRIVEANDVALLEYROAD,GRAPE DRIVEBETWEENCENTRALDRIVEANDHIGHWAY17,CENTRAL PLACE,ANDEVELYNDRIVEBETWEENCRESTDRIVEANDCENTRALDRIVEAREABYCONSTRUCTINGANDINSTALLINGFULLWIDTHSTREETIMPROVEMENTSINCLUDINGPAVING,CURBS,GUTTERS,STORMDRAINAGE,SIDEWALKS,LANDSCAPING,STREET LIGHTING,ELECTRICAL TRANSMISSION AND DISTRIBUTIONALTERATIONS,ANDTRAFFIC SIGNALIZATIONINACCOR-DANCEWITH RESOLUTIONNO.1881 OF THE CITY COUNCIL OF THE O CITYOF MOSESLAKE,WASHINGTON,ESTABLISHINGLOCALIMPROVE-MENTDISTRICT NO.58;PROVIDINGTHE METHODOFASSESSMENT FORIMPROVEMENTSMADEINSAIDDISTRICT;ASSESSMENTS UPON PROP-ERTY IN SAID DISTRICT;AND PROVIDINGFOR PAYMENT OF SUCH ASSESSMENTSINTOABOND FUND TOPAYANDSECURE THE PAYMENTOFLIDBONDSISSUEDFORTHECOSTOFTHEIMPROVEMENTS RECITALS: 1.Resolution No.1881 adopted March 28,1995 by the City Councilof the City of Moses Lake,Washington,declared its intention to improvethe Central Drivearea between Grape Drive andValleyRoad,Grape Drivebetween Central Driveand Highway 17,CentralPlace,and EvelynDrivebetweenCrestDriveandCentralDriveareabyconstructingandinstallingfullwidthstreetimprovementsincludingpaving,curbs,gutters,storm drainage,sidewalks,landscaping,streetlighting,electrical transmissionanddistribution alterationsand trafficsignalizationand fixed April25,1995 at 7:00 p.m.in theCouncilChambers inthe Police/Court Facility,Moses Lake,Washing-ton,as the timeand place for hearing all matters relating to said improvements and all objectionstheretoandfordeterminingthemethodofpaymentofsaidimprovements;and 2.The City Engineer's Officehas caused an estimate to be made of thecosts and expense of eachcontinuousunitoftheproposedimprovementsandhasceltifiedsaidestimatetotheCityCouncil,together withall papers and information in its possession touchingthe proposed impovements,adescriptionoftheboundariesoftheDistricts,a statement of what portionof the cost and expenseoftheimprovementsshouldbebornebythepropertywithintheproposedDistricts,a statement indetailofthelocalimprovementassessmentsoutstandingorunpaidagainstthepropertyintheproposedDistrictsandastatementoftheaggregateactualvaluationoftherealestate,includingO25%of the actual valuation of the improvements in the proposed Districts,according to thevaluationlastplaceduponitforthepurposeofgeneraltaxation;and 3.Said estimate is accompanied by a diagram of the proposed improvements showingthereonthelots,tracts,parcels of land,and other property which will be specifically benefitted by eachcontinuousunitoftheproposedimprovements,and theestimated amountofthecost and expensethereoftobebomebyeachlot,tract,and parcel of land or other property;and 4.Due notice of the hearing on Resolution No.1881 was given in the manner providedby law andsaidhearingwasheldbytheCityCouncilonApril25,1995 and all writtenprotests filed with theCityCouncilonorbeforesaiddateweredulyconsidered;and 5.It has been further determined to be in the best interests of thecity thatsaid improvements,ashereinafterdescribed,be carried out and that a utilitylocal improvement district and a localimprovementdistrictbecreatedinconnectiontherewith,NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF MOSESLAKE,WASHINGTON DOORDAIN AS FOLLOWS: Section 1.It is hereby ordered thatthe following improvements in theCityof Moses Lake,Washington,and the construction,be carried out iffinancing can be obtained throughthe sale and issuance of LIDbonds: The improvement of the Central Drive area between Grape Drive and Valley Road,Grape DrivebetweenCentralDriveandHighway17,CentralPlace,and EvelynDrivebetween Crest Drive andCentralDriveareabyconstructingandinstallingfullwidthstreetimprovementsincludingpaving,O curbs,gutters,storm drainage,sidewalks,landscaping,street lighting,electrical transmissionanddistributionalterations,and trafficsignalization Allof theforegoing shall be in accordance withtheplans and specificationsthereforeprepared by theCityEngineer's Office. Section 2.The estimated cost and expense comes to $2,737,249.The entire cost and expense of theimprovementsshallbebornebyandassessedagainstthepropertyspeciallybenefittedbysuchimprovements. ORD.1692/Page 2 Section 3.There is hereby created and established a local improvement district to be known as "Local Improvement District No.#58"(LID#58),to include,as near as may be,all propertiesspecially benefitted by the improvements,the territoryofwhich is described as follows and includes the following described properties: 1.Vista Village Add.,BIk Q,Lot 12 2.Vista Village Add.,Blk H,Lot 1 3.Vista Village Add.#2,BIkP,Lot 10 4.Vista Village Add.#2,BIkQ,Lot 13 5.Vista Village Shopping Center,Less Tax #8589 &9545 6.Vista Village Shopping Center,Tax #8589 7.Vista Village Shopping Center,Tax #9545 8.Park Orchard Tract 6,South of Highway 9.Park Orchard Tract 7,Less Tax #s 10.Tax #3683 in Park Orchard Tracts 6 &7 less Tax #11066 11.Tax #11066 in Park Orchard Tract 6 12.Park Orchard Tract 8 13.Park Orchard Tract 13,less Tax #12130 14.Park Orchard Tract 15,less Tax #12130 15.Park Orchard Tract 16,less Tax #12130 16.Park Orchard Tract 17,less Tax #12130 17.SESW Less West 10 in Section 10 18.SWSE South of Highway in Section 10 19.West 10'of SESW South of Highway in Section 10 20.Tax #3776 in Park Orchard Tract 2 21.Tax #8464 in Park Orchard Tract 2 22.Tax #11145 in Park Orchard Tract 2 23.Tax #12130 in Tract 13 Replat Park Orchard Tract 24.Big Bend Center Binding Site Plan,Lot A 25.Big Bend Center Binding Site Plan,Lot G 26.Big Bend Center Binding Site Plan,Lot H 27.Big Bend Center Binding Site Plan,Lot i 28.Big Bend Center Binding Site Plan,LotJ 29.Big Bend Center Binding Site Plan,Lot L 30.East 10'of Park Orchard Tract 29 31.Park Orchard Tract 29 less Highway &East 10' Section 4.The nature of the improvements ordered by thisordinance to be made is such thatthe special benefits conferredupon the property in Local Improvement District #58 are fairly reflected bythe use of thefrontfootage method ofassessment;and it is hereby provided and ordered thattheassessments shall be made against the property within LID #58 in accordance with the front footage method provided by statute. Section 5.AIIassessments levied inLID#58 shall be for the sole purpose of payment into a bond fund to pay and secure the payment of the local improvement district bonds issued for the cost of the improvements.AIIpayments of such assessments,including all interest and penalties thereon,shall be paid directly into the appropriate fund or funds and appliedto pay or secure the payment ofdebt service on thelocal improvement district bonds heretofore or hereafter issued and payable from the appropriate fund or funds without allocation toany particular series or issues of such bonds. Section 6.This ordinance shalltakeeffect and be in force five (5)days after its passage and publication of its summary as providedby law. Adopted by the CityCouncil and signe ATTEST: Finance Director APP D AS Attorney 'Y PUBLISHED:10/13/95