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HomeMy WebLinkAboutOrd 0807 - LID #20 (Local Improvement District)815 ORDINANCE NO. 807 AN ORDINANCEAIIIIIIIIIIIIIIIIIIIIIIIIIIII THE IMPROVEMENT OF AN AREA WITHIN THE CORPORATE LIMITS OF THE CITY OF TUKWILA BY CONSTRUCTING AND INSTALLING A SYSTEM OF 8 AND 12 -INCH SEWER LINES, ALL IN ACCORDANCE WITH RESOLUTION NO. 344 OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON; ESTABLISHING LOCAL IMPROVEMENT DISTRICT NO. 20; PROVIDING THAT PAYMENT IN PART FOR SAID IM- PROVEMENT BE MADE BY SPECIAL ASSESSMENTS UPON PROPERTIES IN THE 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. WHEREAS, By Resolution No. 344, adopted May 7, 1973, the City Council of the City of Tukwila, Washington, declared its intention to improve the area of Interurban Avenue South between South 143rd Street and South 147th Street approximately, all within the corporate limits of the City of Tukwila by the construction and installation of a system of 8 and 12 -inch trunk and lateral sanitary sewers and to create a local improvement district to assess a part of the cost and expense of carrying out such improvement against the property specially benefitted thereby and fixed the 4th day of June, 1973, at 8:00 P.M., Pacific Daylight Time, in the council chambers in the City Hall, Tukwila, Washington, as the time and place of hearing all matters relating to said proposed improvement and all objections thereto and for determining the method of payment for that improvement; and WHEREAS, Hill, Ingman, Chase Co., consulting engineers to the City, caused an estimate to be made of the costs and ex- penses of the proposed improvement and certified said estimate to the City Council, together with all papers and information in its possession touching the proposed improvement, a description of the boundaries of the district, a statement of that portion of the cost and expense of the improvement which should be borne by the -1- 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, Said estimate is accompanied by a diagram of the proposed improvements 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 expense thereof to be borne by each lot, tract and pracel of land or other property; and WHEREAS, Due notice of the hearing upon said Resolution No. 344 was given in the manner provided by law and said hearing was held by the City Council on June 4, 1973, and all written protests filed with the City Council on or before said date were duly considered by the City Council and overruled and all persons appearing at said hearing were heard; and WHEREAS, The City Council has determined it to be in the best interests of the City that said improvement 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. The City Council of the City of Tukwila, Washington, hereby orders the construction and installation of the trunk and lateral sewers to serve the property within the corporate limits of the City, more particularly described in Exhibit A attached hereto and by this reference made a part hereof. The improvement ordered is described in Exhibit B attached and incorporated by reference. All the foregoing shall be in accordance with the plans and specifications therefor prepared by Hill, Ingman, Chase Co., consulting engineers to the City. Section 2. There is hereby created and established a Local Improvement District to be known and designated as "Local Improvement District No. 20 of the City of Tukwila, Washington," the boundaries of the property encompassing said Local Improvement -2- District being set forth in Exhibit A attached hereto and by this reference made a part hereof.' Section 3. The total estimated cost of such improvement is hereby declared to be $364,000.00. Approximately $213,300..00 is anticipated to be received by way of grants from the United States of America Environmental Protection Agency and from the State of Washington Department of'Ecology. The entire remaining portion of the cost and expense of such improvement in the esti- mated amount of $150,700.00 shall be borne by and assessed against the property specially benefitted by such improvement included in the Local Improvement District herein established, embracing as near as may be all property specially benefitted by such improve- ment. Section 4. In accordance with the provisions of Section 7 of Chapter 258, Laws of Washington 1969, 1st Ex. Sess. 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. Local Improvement District warrants shall be issued in payment of the cost and expense of the improvement, such warrants to be payable out of the "Local Improvement Fund, District No. 20" hereinafter created, to bear interest from the date thereof at a rate to be hereafter fixed by ordinance, not to exceed 8% 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 exceeding 8% per annum, 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, 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 of not to exceed 60 days after the first publication by the City Treasurer of notice that the assessment roll for Local Improvement -3- District No. 20 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 here- after fixed by ordinance, not exceeding 8 1/2% per annum, under the mode of "payment by bonds," as defined by law and the ordin- ances of the City of Tukwila, Washington. 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 8 1/2% per annum and a penalty of 5% 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. Section 6. All the work necessary to be done in connec- tion 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 MEM that payment for said work will be made in cash warrants drawn upon the "Local Improvement Fund, District No. 20." Section 7. There is hereby created and established in the office of the City Treasurer of the City of Tukwila for Local Improvement District No. 20 a special fund to be known and designated as "Local Improvement Fund, District No. 20," 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, grant moneys anticipated to be received from the United States of America Environmental Protection Agency and from the State of Washington Department of Ecology, 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 -4- against which fund cash warrants shall be issued in payment for all other items of expense in connection with said improvement. PASSED By the City Council and approved by the Mayor Le at a regular open public meeting thereof this 4th day of- 1973. .QtEd.A./ c..210 Mayor Attest: Ciy Clerk Approved as to Form: City Attorney Published: /*,,z:6,/,),nes 9 9 -5- CITY OF TUKWILA PROPOSED LID 20 DESCRIPTION That portion of Sections 14 and 23, Township 23 North, Range 4 East W.M. described as follows: Beginning at the intersection of the South line of the Joseph Foster D.L.C. No. 39 and the Easterly margin of SR 181; Thence Northerly along said Easterly margin to its intersection with a line perpendicular to said Easterly margin and 630 feet Northerly of the North line of said D.L.C. No. 39, as measured along said Easterly margin; Thence Northeasterly along said perpendicular line to its intersection with the Easterly line of the Stephen Foster D.L.C. NO. 38 (westerly bank of Green River); Thence Southerly along said Easterly line and the Easterly line of said D.L.C. No. 39 to its intersection with the said South line of D.L.C. No. 39; Thence Westerly along said South line to its intersection with the said Easterly margin of S.R. 181 and the Point of Beginning. EXH18.�T P,. CITY OF TUKWILA PROPOSED L.I.D. NO. 20 Size of Pipe On From To 12" Interurban Ave. S. Approx 600 ft Sly S. 147th St. of East -West Center- line of Sec. 14 Twp 23 N R 4 E., W.M. 8" S. 143rd St. Interurban Ave. S. Approx 1,025 Ft Ely thereof 8" S. 143rd P1. Interubran Ave. S. Approx. 450 Ft Ely thereof 8" S. 144th St. Interurban Ave. S. Approx. 540 Ft Ely thereof EXHIBIT B I�