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Ordinance 1534ORDINANCE NO. e 5 AN ORDINANCE APPROVING AND CONFIRMING THE FINAL ASSESSMENT AND ASSESSMENT ROLL OR LOCAL IMPROVE- MENT DISTRICT NO. 177 WHICH HAS BEEN CREATED AND ESTABLISHED FOR THE PURPOSE OF PAYING THE COST OF IMPROVING CERTAIN PROPERTY, ALL IN THE CITY OF EDMONDS, WASHINGTON, BY CONSTRUCTING CONCRETE SIDEWALKS, STANDARD CURBS AND GUTTERS AND PAVING THE STREET WITH ASPHALTIC TYPE CONCRETE, AND ANY NECESSARY GRADING OR BASE PREPARATION AND RELATED WORK NECESSARY TO MAKE A COMPLETE IMPROVE- MENT IN ACCORDANCE WITH CITY STANDARDS, PURSUANT TO RESOLUTION OF INTENTION NO. 226, AND AS PROVIDED BY ORDINANCE NO. 1437, AND LEVYING AND ASSESSING THE AMOUNT THEREOF AGAINST THE SEVERAL LOTS, TRACTS, PARCELS OF LAND AND OTHER PROPERTY SHOWN ON SAID ROLL. WHEREAS, the assessment roll levying the special assessments against the properties located in Local Improve- ment District No. 177, in the City of Edmonds, Washington, created under Ordinance No. 1437, has been filed with the City Clerk of the City of Edmonds as provided by law; and WHEREAS, notice of the time and place of hearing thereof and of making objections and protests to said roll was duly published at and for the time and manner provided by law, fixing the time and place of hearing thereon for the 2nd day of March, 1971 at 8:00 P.M. o'clock in the council chambers of the Civic Center at Edmonds, Washington and further notice thereof was duly mailed by the City Clerk to each property owner on said roll; and WHEREAS, at the time and place fixed and designated in said notice, the hearing on said assessment roll was duly held and all written protests received were duly considered and all persons appearing at said hearing were heard, now, therefore THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON DO ORDAIN AS FOLLOWS: - 221 - Section 1. The assessments and assessment roll of Local Improvement District No. 177, which has been created and established for the purpose of paying a portion of the cost of the installation of concrete sidewalks on both. sides of the street, standard curbs and gutters and by paving with asphaltic type concrete, providing necessary drainage, and any necessary grading and base preparation and related work necessary to make a complete improvement of certain property, being 76th Avenue West from 199th SW southerly to approximately 200 feet north of 5th Street SE, situate in the City of Edmonds, Washington, pursuant to Resolution of Intention No. 226, and as provided by Ordinance No. 1437, as the same now stands, be and the same is hereby in all things and respects approved and confirmed. Section 2. Each of the lots, tracts, parcels of land, and other property shown on the said roll is hereby deter- mined and declared to be specially benefited by said improvement in at least the amount charged against the same and the assessment appearing against the same is in proportion to the several assessments appearing on the said roll. There is hereby levied and assessed against each lot, tract, parcel of land and other property appearing upon said roll the amount finally charged against the same thereon. Section 3. The assessment roll as approved and confirmed shall be filed with the Office of City Treasurer of the City of Edmonds, Washington for collection and said City Treasurer is hereby authorized and directed to publish notice as required by law stating that the said roll is in his hands for collection and that payment of any -2- assessment thereon or any portion of said assessment can be made at any time within thirty days from the date of the first publication of said notice without penalty, interest or costs, and that thereafter the sum remaining unpaid may be paid in ten equal annual installments with interest thereon hereby fixed at the rate of 6.5% 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 first publication by the City Treasurer 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 assessments remains unpaid after the first thirty day period, interest upon the whole unpaid sum shall be charged at the rate of 6.5% per annum and eacl2 year thereafter one of said installments, together with. interest due on the whole of the 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 became delinquent. All delinquent installments shall be subject to a charge for interest at 6.5% per annum and for an additional charge of 5% penalty levied upon the principal due upon such installment or installments. The collection of such delinquent install- ments will be enforced in the manner provided by law. MAYOR ATTEST: CITY CLERK PASSED BY THE CITY COUNCIL: March 2, 1971 FILED WITH THE CITY CLERK: March 2, 1971 PUBLISHED: March 10, 1971 -3-