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HomeMy WebLinkAboutOrd 1146 - LID #25 (Local Improvement District) - Assessment Roll Levy1153 + COUNCIL ACTION MEETING I I AGENDA I TYPE DATE ITEM ACTION 14i1 P I I i ar O F TUK 1 WASHINGTON 1 1 AMENDED BY ORDINANCE NO. 5 ORD. NO. )1S AN ORDINANCE APPROVING AND CONFIRMING THE ASSESS MENTS AND ASSESSMENT ROLL OF LOCAL IMPROVEMENT DISTRICT NO. 25 WHICH HAS BEEN CREATED AND ESTABLISHED FOR THE PURPOSE OF CONSTRUCTION AND INSTALLATION OF ACCESS STREET, SANITARY SEWER TRUNKS, FORCE MAINS AND LIFT STATIONS AND WATER MAINS, ALL IN ACCORDANCE WITH CITY STANDARDS WITHIN AN AREA LYING EAST OF INTERURBAN AVENUE AND NORTH OF STATE HIGHWAY NO. 405, ALL WITHIN THE CITY OF TUKWILA, AS PROVIDED BY ORDINANCE NO. 837, AND LEVYING AND ASSESSING THE AMOUNT THEREOF AGAINST THE SEVERAL LOTS, TRACTS, PARCELS OF LAND AND OTHER PROPERTY SHOWN ON THE ROLL, AND AI'iENDING ORDINANCES NO. 1097 and NO. 837. WHEREAS, the assessment roll levying the special assessments against properties located on Local Improvement District No. 25 in the City of Tukwila, Washington, created by City of Tukwila Ordinance No. 837, has been filed with the Clerk of the City of Tukwila, Washington, as provided by law; and WHEREAS, notice of the time and place of hearing thereon and of.making objections and protests to said roll was duly published at and for the time and in the manner provided by law fixing the time and hour of hearing thereon for the 28th day of August, 1978, at the hour of 7:00 P.M., in the council chambers of the City Hall in the City of Tukwila, Washington, and further notice thereof was duly mailed on August 11, 1978, to each property owner shown on said roll, said mailing having been made at the direction of the City Clerk by Terence R. Monaghan, Public Works Director; and WHEREAS, at the time and place fixed and designated in said notice the hearing was duly held and all written protests received were duly considered and all persons appearing at said hearing were heard and the City Council overruled all written protests received and denied all requests for changes of assessments on said assessment roll; and WHEREAS, following the passage of Ordinance No. 1097 approving and confirming the assessments and assessment roll of Local Improvement District No. 25, an appeal was taken by certain property owners affected by the appeal to the King County Superior Court in Cause No. 858689. The subject matter of the appeal challenging the final assessment roll and assessments was litigated and, as a result, an order and final judgment resolving the disputes of the parties was entered by the court on January 3, 1980. As a result of the findings of the court, the assessments and assess- ment roll of Local Improvement District No. 25 are to be modified in accordance with the court's decision; and WHEREAS, as a part of the order entered in the King County Superior Court Action No. 858689, the property owners within the boundaries of Local Improvement District No. 25 waive notice of any interest prepayment period and any other public hearings which may otherwise be required in confirming this amended final assessment roll and, ultimately, in the issuance of any bonds associated with this Local Improvement District. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, DO ORDAIN AS FOLLOWS: 1. Section 1 of Ordinance No. 1097 is hereby amended to read as follows: Section 1. The assessments and assessment roll of Local Improvement District No. 25, which has been created and established for the purpose of construction and installa- tion of access street, sanitary sewer trunks, force mains -2- and lift stations and water mains, all in accordance with City standards, within an area lying east of Interurban Avenue and north of State Highway No. 405, as provided by Ordinance No. 837, be and the same are hereby in all things and respects approved and confirmed in the total sum of $534,653. 2. Section 3 of Ordinance No. 1097 is hereby amended to read as follows: Section 3. The assessment roll as approved and confirmed shall be filed with the Finance Director of the City of Tukwila for collection. The initial thirty -day collection period for payment without penalty, interest or cost has been waived by all property owners. Therefore, the unpaid assessments may be paid in ten equal annual installments with interest thereon hereby fixed at the rate of 10o per annum. The first installment of assessments on said assessment roll shall become due and payable during the thirty -day period succeeding the date one year after the date of publication of this ordinance and annually thereafter each succeeding installment shall become due and payable in like manner. Interest upon the whole unpaid sum shall be charged at the rate of 10% per annum and each year thereafter one of said installments, together with interest due on the whole unpaid balance, shall be collected. Any installment not paid prior to the expiration of the said 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 10o per annum and for an additional charge of 5% as a penalty levied upon both principal and interest due upon such installment or installments. The collection of such -3- delinquent installments will be enforced in the manner provided_ by law. 3. Section 5 of Ordinance No. 837 is hereby amended to read as follows: Section 5. Local Improvement District warrants shall be issued in payment of the cost and expense of the improvements, such warrants to be payable out of the "Local Improvement Fund, District No. 25" hereinafter created, to bear interest from the date thereof at a rate to be hereafter fixed by ordinance, not to exceed 10% per annum, and to be redeemed in cash, and /or by Local Improvement District bonds herein authorized to be issued, such interest bearing warrants to be hereafter referred to as "Revenue Warrants Such bonds shall bear interest at a rate to be hereafter fixed by ordinance, not to exceed 10% per annum, shall be payable on or before 12 years from the date of issuance, the life of the improvements ordered being not less than 12 years, and shall be issued in exchange for and in redemption of any and all revenue warrants issued hereafter and not redeemed in cash within a period not to exceed 60 days after the first publication by the Finance Director of notice that the assess- ment roll for Local Improvement District No. 25 is in his hands for collection. The bonds shall be redeemed by the collection of special assessments to be levied and assessed upon the property within said district payable in ten equal annual installments with interest at a rate to be hereinafter fixed by ordinance, not exceeding 10% per annum under the mode of payment by bonds" As defined by law and the ordinances of the City of Tukwila, Washington. In the case of default in the payment of any assess- ment when the same shall become due, there shall be added interest -4- at a rate to be hereafter fixed by ordinance not to exceed 10% per annum and a penalty of 5 or the maximum penalty allowed by law, whichever shall be less, which shall also be collected. The exact form, amount, date, interest rate, and denomination of said warrants and bonds shall be hereafter fixed by ordinance of the City Council. Said warrants and bonds shall be sold in such manner as the City Council shall hereafter determine. 4. Except as herein amended, Ordinance No. 837 and Ordinance No. 1097 are confirmed in all respects. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a regular meeting thereof this —day of 714a.444 1980. 4f6 c L ATTEST: Cit Clerk Ap roved as to Form: City Attorney Published Record Chronicle March 7, 1980 —5— RELEASE AND WAIVER OF PREPAYMENT OF ASSESSMENT IN CITY OF TUKWILA LOCAL IMPROVEMENT DISTRICT NO. 25 AND CONSENT TO AMENDMENT OF ORDINANCES The undersigned, being one of the owners of real property within the boundaries of City of Tukwila Local Improvement District No. 25 does hereby waive all rights it may have under RCW 35.49.040 to redeem all or any portion of its LID No. 25 assessment by paying to the City of Tukwila all or any portion thereof without interest within 30 days after the first publication of the ordinance amending City of Tukwila Ordinances No. 1097 and No. 837. The undersigned also authorizes the City of Tukwila to proceed to issue local improvement bonds by ordinance any time after 20 days following the date of publication of the ordinance which shall be passed on March 3, 1980 amending Ordinance No. 1097 and Ordinance No. 837 to conform with the provisions of the stipulated order entered in the lawsuit entitled In Re Matter of Assessments for Local Improvement District No. 25 of the City of Tukwila, et al. vs. City of Tukwila, King County Cause No. 858 689. The undersigned also approves and consents to the amendment of City of Tukwila Ordinance No. 837 to provide that the Local Improvement District No. 25 bonds authorized to be issued shall bear interest at a rate not to exceed ten percent (10 per annum rather than the eight percent (8%) per annum which is referred to in several portions of Section 5 of Ordinance No. 837 DATED this I 0 day of P 1980. CITY OF TUKWILA BY 4 Frank Todd, Mayor STATE OF WASHINGTON ss. COUNTY OF K I N G On this 3 day of104-■ 1980, before me, the undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared Frank Todd, to me known to be the Mayor of the City of. Tukwila, the municipal corporation that executed the foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said municipal corporation, for the uses and purposes therein mentioned, and on oath stated that he is authorized to execute the said instrument and that the seal affixed is the corporate seal of the municipal corporation. WITNESS my hand and offic al seal hereto affixed the.day and year first above wrijtten. 4 NOTARY PUBLIC in arnd' for the S 1 of Washington, residing at:4 -2- RELEASE AND WAIVER OF PREPAYMENT OF ASSESSMENT IN CITY OF TUKWILA LOCAL IMPROVEMENT DISTRICT NO. 25 AND CONSENT TO AMENDMENT OF ORDINANCES The undersigned, being one of the owners of real property within the boundaries of City of Tukwila Local Improvement District No. 25 and one of the parties in an action filed in the King County Superior Court (Cause No. 858 689) challenging the final assessment roll in LID No. 25, does hereby waive all rights it may have under RCW 35.49.040 to redeem all or any portion of its LID No. 25 assessment by paying to the City of Tukwila all or any a portion thereof without interest within 30 days after the first publication of the ordinance amending City of Tukwila Ordinances No. 1097 and No. 837. The undersigned also authorizes the City of Tukwila to proceed to issue local improvement bonds by ordinance any time after 20 days following the date of publication of the ordinance which shall be passed on March 3, 1980 amending Ordinance No. 1097 and Ordinance No. 837 to conform with the provisions of the stipulated order entered in the lawsuit entitled In Re Matter of Assessments for Local Improvement District No. 25 of the City of Tukwila, et al. vs. City of Tukwila, King County Cause No. 858 689. The undersigned also approves and consents to the amendment of City of Tukwila Ordinance No. 837 to provide that the Local Improvement District No. 25 bonds authorized to be issued shall bear interest at a rate not to exceed ten percent (10 per annum rather than the eight percent (8%) per annum which is referred to in several portions of Section 5 of Ordinance No. 837. DATED this 7'7/ day of r .y z 1980. BY: J. Dan Fiorito on behalf of FIORITO BROS. STATE OF WASHINGTON ss. COUNTY OF KING On this 7'7 of February, 1980, before me, the undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared J. DAN FIORITO, to me known to be the representative of the FIORITO BROS. Partnership, which executed the within and foregoing instrument, and acknowledged said instrument to be the free and voluntary act and deed of said Partnership for the uses and purposes therein mentioned, and on oath stated that he was authorized to execute said instrument. WITNESS my hand and official seal hereto affixed the day and year first above written. Notary Public in and for the State of Washington, residing at ?ri RELEASE AND WAIVER OF PREPAYMENT OF ASSESSMENT IN CITY OF TUKWILA LOCAL IMPROVEMENT DISTRICT NO. 25 AND CONSENT TO AMENDMENT OF ORDINANCES The undersigned, being one of the owners of real property within the boundaries of City of Tukwila Local Improvement District No. 25, does hereby waive all rights it may have under RCW 35.49.040 to redeem all or any portion of its LID No. 25 assessment by paying to the City of Tukwila all or any portion thereof without interest within 30 days after the first publication of the ordinance amending City of Tukwila Ordinances No. and No. 837. The undersigned also authorizes the City of Tukwila to proceed to issue local improvement bonds by ordinance any time after 20 days following the date of publication of the ordinance which shall be passed on March 3,1980, amending Ordinance No. 1097 and Ordinance No. 837 to conform with the provisions of the stipulated order entered in the lawsuit entitled In re Matter of Assessments for Local Improvement District No. 25 of the City of Tukwila, et al. v. City of Tukwila, King County Cause No. 858689. The undersigned also approves and consents to the amendment of City of Tukwila Ordinance No. 837 to provide that the local Improvement District No. 25 bonds authorized to be issued shall bear interest at a,rate not to exceed ten percent (10%) per annum rather than the eight percent (8 per annum which is referred to in several portions of Section 5 of Ordinance No. 837. DATED this day of i .1 1980. '77 )-4)22 7 PILX JOHN' MELIN i California On this th e 7th day of March 19 before me, State of SS. JOHN MELIN County of San Francisco the undersigned Notary Public, personally appeared i i s 1 known to me n) to the within instru be m the ent perso and acknowledged whose name that h i e s subscribed executed the same for the purposes therein contained. 1 OFFICIAL SEAL IN WITNESS WHEREOF, I hereunto set my hand and official seal. j MARY T. LINDQUIST i NOTARY PUBLIC CALIFORNIA d SAN FRANCISCO COUNTY 1 r My comm. expires DEC 28, 1981 4 n 1 WI{ Stu J r Notary Pu blic GENERAL ACKNOWLEDGEMENT FORM RELEASE AND WAIVER OF PREPAYMENT IN FULL OF ASSESSMENT IN CITY OF TUKWILA LOCAL IMPROVEMENT DISTRICT NO. 25 AND CONSENT TO AMENDMENT OF ORDINANCES The undersigned, being one of the owners of real property within the boundaries of City of Tukwila Local Improvement District No. 25 and one of the parties in an action filed in the King County Superior Court (Cause No. 858 689) challenging the final assessment roll in LID No. 25, does hereby waive all rights it may have under RC1c 35.49.040 to redeem all of its LID No. 25 assessment by paying to the City of Tukwila the entire assessment amount without interest within 30 days after the first publication of the ordinance amending City of Tukwila Ordinances No. 1097 and No. 837. It is understood that the undersigned intends to prepay $69,382 without interest. The undersigned also authorizes the City of Tukwila to proceed to issue local improvement bonds by ordinance any time after 20 days following the date of publication of the ordinance which shall be passed on March 3, 1980 amending Ordinance No. 1097 and Ordinance No. 837 to conform with the provisions of the stipulated order entered in the lawsuit entitled In Re Matter of Assessments for Local Improvement District No. 25 of the City of Tukwila, et al. vs. City of Tukwila, King County Cause No. 858 689. The undersigned also approves and consents to the amendment of City of Tukv Ordinance No. 837 to provide that the Local Improvement District No. 25 bonds authorized to be issued shall bear interest at a rate not to exceed ten percent (10 per annum -1- rather than the eight percent (8 per annum which is referred to in several portions of Section.5 of Ordinance No. 837. Dated this is day of Mi, c 4. 1980. KING COUNTY By Zhn D. Spellman County Executive STATE OF WASHINGTON ss. COUNTY OF K I N G On this c day of /L{dG rG4. 1980, before me, the undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn, personally ,z4. 4.4 L, a John D. Spellman, to me known to be thewCounty 6 4 4: xecutive of King County, the municipal corporation that executed the foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said municipal corporation, for the uses and purposes therein mentioned, and on oath stated that he is authorized to execute the said instrument and that the seal affixed is the corporate seal of the municipal corporation. WITNESS my hand and official seal hereto affixed the day and year first above written. G NOTARY PUBLIC in anfor the State of Washington, residing at: -2- OFF. OF THE PROSECUTING ATTORNE110 KING COUNTY COURTHOUSE 516 THIRD AVENUE SEATTLE, WASHINGTON 98104 NORM MALENG (206)583-2200 PROSECUTING ATTORNEY RECEIPT FROM: City of Tukwila Through its attorney Lawrence E. Hard 3900 First National Bank Building Seattle, Washington 98154 TO: King County By signature and return of this receipt to King County, the City of Tukwila acknowledges "receipt on 6 March 1980 of a King County warrant, document No. 054254, in the amount of $69,382.00 as prepayment on Local Improvement District No. 25 of the City of Tukwila and a signed waiver of further prepay- ment by King County and at ;thorization to proceed immediately with the sale of bonds with reference to Local Improvement District No. 25 of the City of Tukwila. DATE: 6 March 1980 Akhk LAT4 RENCE E. HARD Attorney for City of Tukwila fr