HomeMy WebLinkAbout4088 ' � . , . • ,
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ORDINANCE N0. 4088 '
AN ORDINANCE RELATING TO LOCAL IMPROVEMENT DISTRICT N0. 335,
APPROVING AND CONFIRMING THE ASSESSMENTS AND ASSESSMENT
ROLL OF LOCAL IMPROVEMENT DISTRICT N0. 335 FOR THE PURCHASE
OF PROPERTY ON THE NORTHWEST CORNER OF EAST MAIN AND "B"
STREET N.E . WITHIId THE CITY FOR A DOWNTOWN PARKING LOT, AS
PROVIDED BY ORDINANCE N0. 4064 , AND LEVYING AND ASSESSING
THE COST AND EXPENSE THEREOF AGAINST THE SEVERAL LOTS,
TRACTS, PARCELS OF LAND AND OTHER PROPERTY AS SHOWN ON THE
ASSESSMENT ROLL.
WHEREAS, the assessment roll levying the special assess-
ments against the property located in Local Improvement District
No. 335 in the City of Auburn, Washington (the "City" ) , has been
filed with the City Clerk as provided by law; and
WHEREAS, notice of the time and place of hearing thereon
and making objections and protests to the roll was published at
and for the time and in the manner provided by law fixing the
time and place of hearing thereon for the 16th day of September,
1985, at the hour of 7 : 30 p.m. , local time, in the Council
Chambers in the City Hall, Auburn, Washington, and further
notice thereof was mailed by the City Clerk to each property
owner shown on the roll; and
WHEREAS, at the time and place fixed and designated in the
notice the hearing was held, all written protests received were '
considered and all property owners who submitted such protests '
or their representatives appearing at the hearing who wished to
be heard were heard, and the City Council, sitting and acting as
a Board of Equalization for the purpose of considering the roll
and the special benefits to be received by each lot, parcel and
tract of land shown upon such roll, including the increase and
enhancement of the fair market value of each such parcel of land
by reason of the improvement, overruled all such protests;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN,
WASHINGTON, DO ORDAIN AS FOLLOWS :
• Section 1 . The assessments and assessment roll of Local
Improvement District No. 335 which has been created and
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Ordinance No. 4088
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established for the purpose of purchasing property on the
northwest corner of East Main and "B° Street N.E . , within the
City, for use as a downtown parking lot in accordance with the
comprehensive plan of off-street parking space and/or facilities
as adopted by Resolution No . 1600, all as provided by Ordinance
No . 4464 , as the same now stand be and the same are in all
things and respects approved and confirmed in the total amount
of $108, 500.
Section 2 . Each of the lots, tracts, parcels of land and
other property shown upon the assessment roll is determined and
declared to be specially benefited by this improvement in at
least the amount charged against the same, and the assessment
appearinq against the same is in proportion to the several
assessments appearing upon the roll . There is levied and
assessed against each lot, tract or parcel of land and other
property appearing upon the roll the amount finally charged
against the same thereon.
Section 3 . The assessment roll as approved and confirmed
shall be filed with the City Finance Director for collection and
the City Finance Director is authorized and directed to publish
notice as required by law stating that the roll is in his hands
for collection and that payment of any assessment thereon or any
portion of such assessment can be made at any time within thirty
days from date of first publication of such notice without
penalty, interest or cost, and that thereafter the sum remaining
unpaid may be paid in ten equal annual installments . The esti-
mated interest rate is stated to be 10� per annum, with the
exact interest rate to be fixed in the ordinance authorizing the
issuance and sale of the local improvement bonds for Local
Improvement District No . 335 . The first installment of assess-
ments on the assessment roll shall become due and payable during
the thirty-day period succeeding the date one year after the
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Ordinance fVo. 4088
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date of first publication by the City Finance Director of notice
that the assessment roll is in his hands for collection and
annually thereafter each succeeding installment shall become due
and payable in like manner . If the whole or any portion of the
assessment remains unpaid after the first thirty-day period,
interest upon the whole unpaid sum shall be charged at the rate
as determined above, and each year thereafter one of the
installments, together with interest due on the unpaid balance,
shall be collected. Any installment not paid prior to expira-
tion of the thirty-day period during which such installment is
due and payable shall thereupon become delinquent . All delin-
quent installments shall be subject to a charge for interest at
the rate as determined above and for an additional charge of 12�
penalty levied upon both principal and interest due upon such
installment or installments . The collection of such delinquent
installments shall be enforced in the manner provided by law.
Section 4 . This ordinance shall take effect and be in
force five (5) days from and after its passage, approval and
publication, as provided by law.
INTRODUCED: OCTOBER 7, 1985
PASSED: OCTOBER 7 1985
APPRO TO 7 1985
Mayor
ATTEST:
City Clerk
AP ROVED AS TO FORM:
�i
ty Attorney
PUBL I SHED: OCTOBER 13, 1985
0920a
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