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2367• • ORDINANCE NO. 2367 AN ORDINANCE AMENDING CHAPTER 12.40 OF THE MOSES LAKE MUNICIPAL CODE ENTITLED "STREET CONSTRUCTION OR IMPROVEMENT REIMBURSEMENT CHARGES" THE CITY COUNCIL OF THE CITY OF MOSES LAKE, WASHINGTON ORDAINS AS FOLLOWS: Section 1. Chapter 12.40 of the Moses Lake Municipal Code entitled "Street Construction or Improvement Reimbursement Charges: is amended as follows: 12.40.110 Street Improvement Charges - SR-17 Right-Hand Turn Lane: Street improvements to construct a right-hand turn lane on SR-17 at Grape Drive with city funds shall be reimbursed by the below referenced property owners upon property subdivision, or upon development that causes additional traffic. The assessment shall be in addition to the other permit fees that are due. Every property in the referenced reimbursement area as set forth below shall be assessed the corresponding reimbursement fee. The reimbursement fee area shall include the following properties that are located in the North 1/2, Section 15, Township 19 North, Range 28 East, W.M.: 1.Parcel 2; Parkplace Plaza Major Plat Lot 1 CBSP $19,400 2.Parcel 3; Parkplace Plaza Major Plat Lot 1 CBSP $79,207 The above reimbursement rates shall be adjusted upward commencing on June 2, 2008 by the change in the January to January all West Coast Cities CPI- index issued in 2009 and shall be so adjusted each June 1 thereafter using the same index. Section 2. This ordinance shall take effect and be in force five (5) days after its passage and publication of its summary as provided by law. Adopted by the City Council and signed by its Mayor onPecember.48, 20 Ronald C. Covey, Mdyor ATTEST: Ronald R. Cone, Finance Director APP: 0VED AS TO FORM. Al AI James A. Wh .taker, City rney • • •