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HomeMy WebLinkAboutOrd 1169 - Property Improvements and Local Improvement District (LID) 4 „.,00.4 COUNCIL ACTION' a 1 rt, y ME AGENDA ACTION T DATE I ITEM lo. db, Iiii Li 14 Ail /T/1 7 />I rm.! P /iii,.„ F., T LI \i„ WASHINGTON 1 I I ORDINANCE NO. /%49 1 1 1 i AN ORDINANCE ORDERING THE IMPROVEMENT OF PROPERTY WITHIN THE CITY OF TUKWILA, WASHINGTON, ALONG PORTIONS OF SOUTH 152nd STREET AND 57th AVENUE SOUTH BY ACQUISITION OF ADDITIONAL RIGHT -OF -WAY, WIDENING, PAVING AND GRADING THE STREET SURFACE, INSTALLATION OF CURBS AND GUTTERS, SIDEWALKS, STORM AND SANITARY SEWERS, WATER FACILITIES, UNDERGROUND UTILITIES, AND AN ILLUMINATION SYSTEM; ESTABLISHING LOCAL IMPROVEMENT DISTRICT NO. 30; PROVIDING THAT PAYMENT FOR SAID IMPROVEMENTS BE MADE BY SPECIAL ASSESSMENTS UPON THE PROPERTY SPECIALLY BENEFITTED THEREBY; AND PROVIDING FOR THE ISSUANCE OF LOCAL IMPROVEMENT DISTRICT WARRANTS AND LOCAL IMPROVEMENT DISTRICT BONDS WHEREAS, by Resolution No. 737, adopted May 18, 1980, the City Council of the City of Tukwila declared its intention to improve an area within the Tukwila city limits along portions of South 152nd Street and 57th Avenue South, and to create a Local Improvement District to assess the cost and expense of carrying out such improvements against the properties specially benefitted thereby; and WHEREAS, Horton Dennis Associates, Inc., Consulting Engineers for the City, caused an estimate to be made of the costs and expenses of the proposed improvements, and certified that estimate to the Tukwila City Council, together with all papers and information in the possession of the Consulting Engineer touching the proposed improvement; and WHEREAS, Horton Dennis Associates, Inc., and the City of Tukwila Department of Public Works have prepared a description of the boundaries of the District, a statement of the costs and i 411 expenses of the improvement to be borne by the properties within the proposed District, and a statement in detail of the local improvement assessments outstanding or unpaid against the properties in the proposed District; and WHEREAS, the above mentioned estimates and statements are accompanied by a diagram of the proposed improvement showing thereon the lots, tracts, parcels of land and other property which will be specially benefitted by the proposed improvement, and the estimated amount of the cost and expenses thereof to be borne by each lot, tract and parcel of land or other property; and WHEREAS, the City of Tukwila has given due notice that all persons who may desire to object to the improvements contemplated herein and by Resolution No. 737 may appear and present their objections at a hearing to be held in the Council Chambers in the Tukwila City Hall, 6200 Southcenter Boulevard, Tukwila, Washington, at 7:00 P.M. on June 23, 1980; and WHEREAS, the City Council has determined it to be in the best interests of the City that the improvements described below be carried out and that a Local Improvement District be created in connection therewith, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA DOES ORDAIN AS FOLLOWS: Section 1. The City Council of the City of Tukwila hereby orders the construction of street improvements for a portion of South 152nd Street and 57th Avenue South, consisting of the acquisition of additional right -of -way, the grading, widening and paving of street surfaces, the installation of sidewalks, curbs and gutters, storm and sanitary sewers, water facilities, underground utilities and an illumination system, as are more particularly shown in Exhibit "A" attached hereto and by this reference made a part hereof. All of the foregoing shall be in accordance with the plans and specifications therefor prepared by Horton Dennis Associates, Inc., Consulting Engineers to the City, and amendments thereto. Section 2. There is hereby created and established a Local Improvement District to be designated Local Improvement District No. 30 of the City of Tukwila, Washington, all within the city limits of the City of Tukwila, the boundaries of which are more particularly shown in Exhibit "A" attached hereto and by this reference made a part hereof. Local Improvement District No. 30 shall include, as nearly as may be possible, all property specially benefitted by the improvements contemplated herein. Section 3. The total estimated cost of the improvements described in Section 1 is declared to be $275,000, all of which shall be borne by and assessed against the property specially benefitted thereby, which property shall be included in the Local Improvement District herein established. Any assessments collected hereunder shall be for the sole purpose of payment into the separate fund created by Section 5, below. The assessment charged against any lot, tract, parcel of land or other property, or any portion thereof, may be paid without interest during the thirty (30) day period following the first publication by the Finance Director of notice that the assessment roll is in the Finance Director's hands for collection The sum remaining unpaid may be paid in 10 equal annual installments. Interest at the rate, hereafter to be fixed by ordinance on the wholE amount shall be due on the due date of the first installment of principal, and each year thereafter on the due date of each installment of principal. Assessments or installments thereof, when delinquent, in addition to the normal rate of interest, shall accrue a penalty at the rate of five (5%) percent per annum. Section 4. Pursuant to RCW 35.44.047, the City may use any method or combination of methods to compute assessments which may be deemed to fairly reflect the special benefits to the properties being assessed. Section 5. The Tukwila City Finance Director shall establish and keep a separate fund to be known as "Local Improvement Fund, District No. 30 All assessments for local improvements in Local Improvement District No. 30 shall be kept in that fund. Local Improvement Fund, District No. 30, shall be used for the redemption of warrants drawn upon, and bonds issued against, the Fund to provide payment for the cost and expense of the improvements contemplated herein. Section 6. Local Improvement District warrants shall be issued in payment of the cost and expense of the local improvements contemplated herein, which warrants shall be payable out of Local Improvement Fund, District No. 30. Such warrants shall bear interest from the date thereof at the rate to be hereafter fixed by ordinance, and shall be redeemable in cash and /or by Local Improvement District bonds which may be issued. Section 7. Local Improvement District bonds may be issued to pay for the whole or any portion of the cost and expense of the local improvements contemplated herein. In no event shall such bonds be issued in excess of the cost and expense of the improvements, nor shall such bonds be issued prior to twenty (20) days after the thirty (30) days allowed for the payment of assessments without penalty or interest. Local Improvement District bonds shall be payable on or before 12 years from the date of issuance, the life of the improvement ordered being not less than 12 years. Such bonds shall bear interest Eat—the—Pate 134 4 -r-a-n-RE144 at a rate to be hereafter fixed by ordinance Local Improvement District bonds may be issued in exchange for, and in redemption of, any warrants issued hereafter and not redeemed in cash within a period of sixty (60) days after the first publication by the City Finance Director of a notice that the assessment roll for Local Improvement District No. 30 is in the Finance Director's hands for collection. The Local Improvement District bonds shall be redeemed by funds from the collection of the special assessments to be assessed upon the property within Local Improvement District No. 30. The exact form, amount, date, interest rate and denomination of such Local Improvement District bonds shall be hereafter fixed by ordinance, and the bonds shall be sold in such manner as the City Council shall hereafter determine. Section 8. All the work necessary to be done in connection with the improvements contemplated herein shall be done pursuant to contracts awarded through competitive bidding. The City shall have the right to reject any and all bids received. The call for bids for work authorized by this ordinance shall 4 include a statement that payment for such work will be made in cash warrants drawn upon the Local Improvement Fund, District No. 30. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a regular meeting thereof this 7I day of %e-/ 1980. Mayor g f3o Date Approved ATTEST: a W/e-/C,2- 0- Clerk Approved as to Fo m: C ty Attorney 1 Published Record-Chronicle: July 11, 1980 IP EXHIBIT "A" CITY OF TUKWILA LEGAL DESCRIPTION L.I.D. N0.30 A PORTION OF SECTION 23, TOWNSHIP 23 NORTH, RANGE 4 EAST, W.M.; DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE SOUTH LINE OF LOT 22, OF BROOKVALE GARDEN TRACTS, ACCORDING TO PLAT THEREOF RECORDED IN VOLUME 10 OF PLATS, PAGE 47, RECORDS OF KING COUNTY, WASHINGTON, WITH THE EASTERLY LINE OF PRIMARY STATE HIGHWAY N0.1 (SR 5); THENCE EASTERLY ALONG SAID SOUTH LINE OF LOT 22, TO A POINT 224 FEET EASTERLY OF THE NORTHWEST CORNER OF LOT 23 OF SAID PLAT; THENCE NORTH 140 FEET MORE OR LESS TO A POINT WHICH IS 200 FEET NORTH OF NORTHERLY MARGIN OF SAID STATE HIGHWAY; THENCE EAST 210 FEET; THENCE SOUTH TO NORTHERLY MARGIN OF SAID HIGHWAY, THENCE EASTERLY AND SOUTHEASTERLY ALONG SAID NORTHERLY MARGIN TO THE INTERSECTION WITH THE SOUTH LINE OF LOT 36 OF SAID PLAT; THENCE EASTERLY ALONG SAID SOUTH LINE AND THE EASTERLY EXTENSION THEREOF TO THE WEST LINE OF THE INTER- URBAN ADDITION TO SEATTLE, ACCORDING TO PLAT THEREOF RECORDED IN VOLUME 10 OF PLATS, PAGE 55, RECORDS OF KING COUNTY, WASHINGTON; THENCE NORTHERLY ALONG SAID WESTERLY LINE TO ITS INTERSECTION WITH THE EASTERLY EXTENSION OF THE NORTH LINE OF LOT 38, SAID BROOKVALE GARDEN TRACTS; THENCE WESTERLY ALONG SAID NORTH LINE AND ITS WESTERLY EXTENSION AND THE NORTH LINE_ OF LOT 21, SAID BROOKVALE GARDEN TRACTS, TO THE NORTHWEST CORNER THEREOF; THENCE TO THE NORTHEAST CORNER OF LOT 9, OF SEATTLE LAND COMPANY'S 5 ACRE TRACTS, ACCORDING TO PLAT THEREOF RECORDED IN VOLUME 6 OF PLATS, PAGE 90, RECORDS OF KING COUNTY, WASHINGTON; THENCE WESTERLY ALONG THE NORTH LINE OF SAID LOT 9 TO ITS INTERSECTION WITH THE EASTERLY LINE OF SAID PRIMARY STATE HIGHWAY N0.1; THENCE SOUTHERLY ALONG SAID EASTERLY LINE TO ITS INTERSECTION WITH THE SOUTH LINE OF LOT 22, SAID BROOKVALE GARDEN TRACTS, AND THE POINT OF BEGINNING. 1 1 114 t d /cyls• 0 1 1 EXHIBIT A air j d ore r 4 J££ 1 O O (99 OfF) J// 7 1 E 47,7/ off Ian j a s'' i r i 1 i ci i r sQ, .X A 1 0 0. 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