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Ordinance 1969ORDINANCE NO. 1969 AN ORDINANCE APPROVING AND CONFIRMING THE FINAL ASSESSMENT AND ASSESSMENT ROLL OF LOCAL IMPROVEMENT DISTRICT NO. 198 WHICH HAS BEEN CREATED AND ESTABLISHED FOR THE PURPOSES OF PAYING THE COSTS OF IMPROVING CERTAIN PROPERTY, ALL IN THE CITY OF EDMONDS, WASHINGTON, BY CONSTRUCTING STANDARD CURBS AND GUTTERS, IN- STALLING NECESSARY DRAINAGE AND ANY NECESSARY GRADING OR BASE PREPARATION AND RELATED WORK NECESSARY TO MAKE A COMPLETE IMPROVEMENT IN ACCORDANCE WITH CITY STANDARDS, PURSUANT TO RESOLUTION OF INTENTION NO. 245, AND AS PRO- VIDED BY ORDINANCE NO. 1883, AND LEVYING AND ASSESSING THE AMOUNT THEREOF AGAINST SEVERAL LOTS, TRACTS AND PARCELS OF LAND AND OTHER PROPERTY SHOWN ON SAID ROLL. WHEREAS, the ments against the District No. 198, created under Ord. City Clerk of the WHEREAS, not: assessment roll levying the special assess - properties located in Local Improvement in the City of Edmonds, Washington, inance No. 1883, has been filed with the City of Edmonds as provided by law, and ice 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 17th day of January, 1978 at 7:30 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 -1- 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: Section 1. The assessments and assessment roll of Local Improvement District No. 198, which has been created and established for the purpose of paying the cost of the installation of standard curbs and gutters, installing neces- sary drainage and any necessary grading or base preparation and related work necessary to make a complete improvement, in accordance with City standards, to certain property, being Laurel Way, from 8th Avenue South easterly 230 feet, situate in the City of Edmonds, Washington, pursuant to Resolution of Intention No. 245 and as provided by Ordinance No. 1883 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 improve- ment 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. -2- Section 3. The assessment roll as approved and con- firmed shall be filed with the Office of Finance Director of the City of Edmonds, Washington, for collection and said Finance Director is hereby authorized and directed to pub- lish notice as required by law stating that the said roll is in her hands for collection and that payment of any 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 there- on hereby fixed at the rate of _ 7 % 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 her 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 _7 % per annum and each 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 expira- tion of the said thirty day period during which such install- ment is due and payable shall thereupon become delinquent. All delinquent installments shall be subject to a charge for -3- interest at_o per annum and for an additional charge of 5% penalty levied upon the principal due upon such install- ment or installments. The collection of such delinquent installments will be enforced in the manner provided by law. APPROVED: MAYOR, H. H. HARRISON ATTEST: CITY CLERK, IREN VARNEY MORAN FILED WITH THE CITY CLERK: January 4, 1978 PASSED BY THE CITY COUNCIL: January 17, 1978 PUBLISHED: January 25, 1978 -4-