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HomeMy WebLinkAboutOrd 0454 - Local Improvement District #11 CITY OF TUKWILA WASHINGTON ORDINANCE NO. 454 AN ORDINANCE ordering the development of Strander Boulevard by the installation of a 49 foot surface by paving the same with bituminous concrete, includ- ing necessary grading, curbs and gutters, filling, com- pacting, street lighting (where declared by the City Council to be necessary) and the installation of storm sewers and other appurtenances connected with good street construction, pursuant to property owners' petition therefor; establishing Local Improvement District No. 11; providing that payment for said improvement be made by special assessments on properties in said District payable by the mode of "payment by bonds;" and providing for the issuance and sale of local improvement district warrants redeemable in cash and local improvement district bonds; and repealing Ordinance No. 450. WHEREAS, a petition has been filed with the City Council signed by the owners of property aggregating a majority (1) of the lineal frontage upon the improvement, and (2) of the area within the proposed district, setting forth the nature and territorial ex- tent of the proposed improvement, the mode of payment, and what portion of the lineal frontage upon the improvement and of the area within the proposed district is owned by the petitioners as shown by the records in the office of the County Auditor of King County, petitioning for the development of Strander Boulevard by the installa tion of a 49 foot surface by paving the same with bituminous concrete, including necessary grading, curbs and gutters, filling, compacting, street lighting (where declared by the City Council to be necessary) and the installation of storm sewers and other appurtenances con- nected with good street construction; and WHEREAS, Hill Ingman of Seattle, Washington, consulting engineers to the City, have caused an estimate to be made of the costs and expense of the proposed improvement and have certified said estimate to the City Council, together with all papers and information in their possession touching the proposed improvement, a description of the boundaries of the District, a statement of what portion of the cost and expense of the improvement should be borne by the property within the proposed District, a statement in detail of the local improvement assessments outstanding or unpaid against the property in the proposed District, and a statement of the aggre- gate actual valuation of the real estate, including 25% of the actual valuation of the improvements in the proposed District, according to the valuation last placed upon it for the purpose of general taxation; and WHEREAS, said engineers have also determined that the petition is sufficient and the facts therein set forth are true; and WHEREAS, said estimate is on file in the office of the Clerk, together with a detailed copy of the preliminary assessment roll and the plans and assessment maps of the proposed improvement; and WHEREAS, the City Council determined it to be in the best interest of the City and of the owners of the property within the local improvement district that said improvement petitioned for, as hereinafter described, be carried out and that a local improvement district be created in connection therewith; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, do ordain, as follows: SECTION 1: It is hereby ordered that Strander Boulevard be developed by the installation of a 49 foot surface by paving the same with bituminous concrete, including necessary grading, curbs and gutters, filling, compacting, street lighting (where declared by the City Council to be necessary) and the installation of storm sewers and other appurtenances connected with good street construction, All of the foregoing shall be in accordance with the plans and specifi. -2- cations therefor prepared by Hill Ingman, consulting engineers to the City. SECTION 2: There is hereby created and established a local improvement district to be called "Local Improvement District No. 11 of the City of Tukwila, Washington," which District is described as follows: A portion of Sections 25 and 26, Township 23 North, Range 4 East W.M., located within the City of Tukwila, Washington, described as follows: Beginning at the intersection of a line 680 ft. West of and parallel to the East line of the NW4 of Section 26, Township 23 North, Range 4 East W.M., and the North line of the SE4 of the NW4 of said Section 26; Thence Northerly along said parallel line to its intersection with a line 436.08 feet North of and parallel to the South line of the of the NZ of said Section 26; Thence Easterly along said parallel line to the Westerly line of Tract 7, Andover Industrial Park No. 2, as recorded in Vol. 71 of Plats, Page 68, Records of King County, Washington; Thence Southerly along said Westerly line to its inter- section with a line 459 feet South of and parallel to the Southerly margin of Baker Boulevard; Thence Easterly along said parallel line to the Westerly line of Tract 9, said Plat of Andover Industrial Park No. 2; Thence Southerly along the Westerly line of said Tract 9 to the Southwest corner thereof; Thence Easterly along the South line of Tracts 9 and 10 and the Easterly extension thereof to the centerline of the James Christensen Road; Thence Southeasterly along the said centerline and its Southerly extension to the Easterly extension of the South margin of South 164th St. (Strander Blvd.); Thence North 88 °1 5' 3 3" West along said Easterly extension to a point 301 feet East of the Northeast corner of Tract 6, said Andover Industrial Park No. 3; Thence South 45 09'27" E, st 555.78 feet; Thence North 88 °16'17" West 752.70 feet to a point on the East line of said Sec. 26, said point being on the South line of Tract 6 Andover Industrial Park No. 3, as recorded in Vol. 78 of Plats, Pages 6 and 7, Records of King County, Washington; Thence continuing North 88 16'17" West along the South line of said Tract 6 to the Easterly margin of 67th Ave. S. (Andover Park East); Thence Westerly across said 67th Ave. South to the South- easterly corner of Tract 5, said plat of Andover Industrial Park No. 3; -3- Thence South 1"44 West along the Southerly extension of the Westerly margin of 67th Ave. South to its intersection with a line 436.08 ft. South of and parallel to the North line of the S2 of the NE4 of said Section 26; Thence Westerly along said parallel line to the East line of the NW4 of said Sec. 26; Thence continuing Westerly along a line 436.08 feet South of and parallel to the North line of the SE4 of the NWT of said Sec. 26 to its intersection with a line 680 feet West of and parallel to the East line of the NW4 of said Sec. 26; Thence Northerly along said parallel line to the North line of the SE a of the NW4 of said Sec. 26 which is the point of beginning. SECTION 3: The estimated cost and expense of said improve- ment is hereby declared to be $229,201.27. Included in the cost of this improvement shall be (1) cost of making said street improvements, (2) all engineering and surveying necessary for the improvement, (3) all legal work and opinions incidental thereto, (4) ascertaining the ownership of lots or parcels of land included within the assessment district, (5) appraisals, (6) advertising, mailing, posting and pub- lishing all necessary notices, (7) accounting, clerical labor and books and blanks extended or used on the part of the City Clerk or Treasurer in connection with the improvement, and all other expenses incidental thereto as required or provided by the State of Washington and the ordinances of the City of Tukwila. The entire cost and expense of said improvement shall be levied and assessed against all of the property legally and properly assessable therefor as provided by the laws of the State of Washington and the ordinances of the City of Tukwila. SECTION 4: The nature of the improvement provided for herein is such that the special benefits conferred upon the property in the local improvement district herein created are fairly reflected by the use of the zone -and- termini method of assessment therefor, and it is hereby provided and ordered that the assessments shall be made against the property of the District in accordance with the zone-and- termini method provided by statute. -4- SECTION 5: Local improvement district warrants shall be issued in payment of the cost and expense P Y pence of the improvement herein ordered, such warrants to be payable out of the "Local Improvement Fund, District No. 11," hereinafter created to bear interest from the date thereof at a rate to be hereafter fixed by ordinance not to exceed 6% per annum and to be redeemed in cash, and /or by local improvement district bonds herein authorized to be issued, and said 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 exceeding 6% per annum, shall be payable on or before twelve years from the date of issuance, the life of the imrpovement ordered being not less than twelve years, and shall be issued in exchange for and in redemption of any and all revenue warrants issued hereunder and not redeemed in cash within a period not to exceed 60 days after the first publication by the City Treasurer of notice that the assess- ment roll for "Local Improvement District No. 11" is in her 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 hereafter fixed by ordinance not exceeding 6% per annun under the mode of "payment by bonds," as defined by law and the ordinances of the City of Tukwila. In the case of default in the payment of any assessment when the same shall become due, there shall be added interest at a rate to be hereafter fixed by ordinance not to exceed 6% per annum and a penalty of 5% which shall also be collected. The exact form, amount, date, interest rate and denominatior of said warrants and bonds shall be sole in such manner as the City Council shall hereafter determine. SECTION 6: All the work necessary to be done in connection with the making of said improvement shall be done by and made by contract upon competitive bids and the City shall have and reserves the right to reject any and all bids. The call for bids for work authorized pursuant to this Ordinance shall include a statement that 1 -5- payment for said work will be made in cash warrants drawn upon the "Local Improvement Fund, District No. 11." SECTION 7: There is hereby created and established in the office of the City Treasurer of the City of Tukwila, for Local Improve- ment District No. 9, a special fund to be known and designated as "Local Improvement Fund, District No. 11," into which fund shall be deposited the proceeds from the sale of revenue warrants drawn against said fund which may be issued and sold by the City and collections pertaining to assessments, and against which fund shall be issued cash warrants to the contractor or contractors in payment for the work to be done by them in connection with said improvement, and against which fund cash warrants shall be issued in payment of all other items of expense in connection with said improvement. SECTION 8: Ordinance No. 450, passed by the City Council and approved by the Mayor on February 21, 1966, is hereby repealed. PASSED by the City Council and APPROVED by the Mayor of t City of Tukwila, Washington, at a regular meeting thereof this 6 day of 1966. Mayor L. ATTEST;. City Crerk FORM APPROVED: -1=-L City lijkorney -6-