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Ordinance 653OR DI NA NC E NO, v l3 AN ORDINANCE providing for the improvement of Block 2, the south one-half of Block 3, the north one-half of Block 5, the west one-half of the south one-half of Block a, the south one-half of Block 7, the west half of the north one-half of Block 7, the north 116 feet of vacated Block 4, and the so .th one-half of vacated Blocks 9 • and 10, all in the Kellogg Plat to Edmonds as recorded in Volume 2, page 42 of Plats, records of Snohon ish County, Washington; also Blocks 1, 2, 3, 4, 5, 6, 7, and 8, and Lots 1 and 10 o' Blocks 9, 10, 11 and 12, all in the piat of Yost's First Addition to Edmonds as recorded in Volume 8, page 6 of Plats, records of Snohomish County, Washington; alst Block 2, arid Lots 11 through 16 of Block 1, plat of City Park Addi- tion to Edmonds as reeorded in Volume 9, page 10 of Plats, records of Snohomish County, Washington; also the unplatteki property within the NE 1/4 NE 1/4 of Section 26, Township 27 North, Rarge 3 East, W. M. , described as follows: Beginning at the intersection of the south margin of Howell Way and the west margin of Fifth Avenue; thence South 264 feet more or less to the north boundary of Block 2, City Park Addition; thence West 260 feet, more or less to Fourth Avenue; thence North 264 feet to Howell Way; thence East 260 feet, more or less to the point of beginning,*. Also, beginning at a point on the north margin of Howell Way, 131 feet distant from the East margin of Third Avenue; thence East 207 feet; thence North 80 feet; thence West 207 feet; thence South 80 feet to the point of beginning; also all of the NW 1/4 NW 1/4 of Section 25, Township 27 North, Range 3 East, W. M., EXCEP"r the Replat of Homeland Addition, and EXCEPT the North 30 feet of the East 255 feet of aforesaid NW 1/4 o' the NW 1/4, and EXCEPT the South 120 feet of the North 150 feet of the East 120 feet of aforesaid NW 114 of the NW 1/4, Section 25; all within the Corporate Limits of the City of Edmonds, by the construction of a trunk and lateral sanitary sewer system together with the necessary manholes and other appurtenances necessary to make a complete improve- ment; providing that the payment for said improvement be made by special assessment on the property in said district under the mode of payment by bonds for material used, fixed estimate and all other expenses, all in accordance wit,. Resolution of Intention No. 120 passed by the City Council of the City of Edmonds on February 23, 1954; creating an assessment district; creating a construction fund therefor; creating a local improvement district fund therefor, and providing that payment for such im- provement be made by special assessment on said district under the mode of payment by bonds, and providing the rate of assessment shall be fixed on the basis of the special benefits conferred as s(.t forth in R. C. W. 35, 44. 040, WHEREAS, by Resolution of Intention No. 120 passed by the City Council of the City of Edmonds on February 23, 1954, proposing a locai in )rovement district as shown and outlined above, and doing all other work necessary in connection there- with to mak,- a complete improvement in accordance with the plans and specifications l;repared by :he City Engineer, and WHEREAS, at the hearing on the Preliminary Assessment Roll on said local improvement as provided by Resolution of Intentinrn No. 120, some written objections were filed and some people appeared and objected to the said improvement, but that the same did not constitute a sufficient percentage of the estimated cost of the total improvement, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EDMONDS DOES ORDAIN: Section 1. That Block 2, the south one-half of Block 3, the north une-half of Block 5, the west one-half of the south one-half of Block 5, the south one-half of Block 7, the west half ,f the north one-half of Block 7, the north 116 feet of vacated Block 4, and the south one-half of vacated Blocks 9 and 10, all in the Kellugg Plat to Edmonds as recorded in Volume 2, page 42 of Plats, records of Snohomish County, • Washington; also Blocks 1, 2, 3, 4, 5, 6, 7, and 8, and Lots 1 and 10 of Blocks 9, 10, 11 and 12, all in the plat of Yost's First Addition to Edmonds as recorded in Volume L', page 6 of Plats, records of Snohomish County, Washington; also Block 2, and Lots 11 through 16 of Block 1, plat of City Park Addition to Edn•onds as recorded in Volume 9, page 10 of Plats, records of Snohomish County, Washington; also the unplatted property within the NE 1/4 NE 1/4 of Section 26, Township 27 North, Range 3 East, W. M. , described as follows: Beginning at the intersection of the south mzrg n rf Howell Way and the west margin of Fifth Avenue; thence South 264 feet more or less to the north boundary of Block 2, City Park Addition; thence West 260 feet, more or less to Fourth Avenue; • thence North 264 feet to Howell Way; thence East 260 feet, more or less to the point of beginning. Also, beginning at a point on the north margin of Howell Way, 131 feet distant from the East margin of Thiru Avenue; thence East 207 feet; thence North 80 feet; thence West 207 feet; thence South 80 feet to the point of beginning; also all of the NW 1/4 NW 1/4 of Section 25, Township 27 North, Range 3 East, W. M., EXCEPT the Replat of Homeland Acuition, and EXCEPT the North 30 feet of the East 255 feet of aforesaid NW 1/4 of the NW 1/4, and EXCEPT the South 120 feet of the North 150 feet of the East 120 feet of aforesaid NW 1/4 of the NW 1/4, Section 25; all within the Corporate Limits of the City of Edmonus, be improved by the construction of a trunk and lateral sanitary sewer system together with the necessary manholes and other appurtenances necessary to make a complete improvement. Section 2. That the cost and expense of such improvement shall be borne by and assessed against the property included in the assessment district created in accordance with law, and Provided the rate of assessment shall be as set forth ire R. C. W. 35.44.040. Section 3. That there is hereby established a local imps ovement district to be ca—ed Local Improvement District No. 74 which district shall include the following described property, to wit: Block 2, the south one-half of Block 3, the north one-half of Block 5, the west one-half of the south one-half of Block 5, the south one-half of 'zlock 7, the west half of the north one-half of Block 7, the north 116 feet of vacated Block 4, and the south one-half of vacated Blocks 8 and 10, all in the Kellogg Plat to Edmonds as recorded in Volume 2, Page 42 of Plats, records of Sno- hom'sh County, Washington; also Blocks 1, 2, 3, 4, 5, 6, 7, and 8, and Lots 1 and 10 of Blocks 9, 10, 11 and 12, all in the plat of Yost's First Addition to Edmonds as recorded in Volume 8, page 6 of Plats, records of Snohomish County, Washington; also Block 2, and Lots 11 through 16 of Block 1, plat of City Park Addition to Edmonds as recorded in Volume 9, page 10 of Plats, records of Snohomish County, Washington; also the unplatted property within the NE 1/4 NE 1/4 of Section 26, Township 27 North, Range 3 East, W. ".1., described as follows; Beginning at the intersection of the south margin of Howell Way and the west margin of Fifth Avenue; thence South 264 feet more or less to the north bo,tndary of Block 2, City Park Addition; thence West 260 feet, more or less to Fourth A.enue; thence North 264 feet to Howeli Way; thence East 260 feet, more or less tt, the point of beginning. Also, beginning at a point o^ the north margin of Howell Way, 131 feet distant from the East margin of Third Avenue; thence East 207 feet; thence North 80 feet; thence West 207 feet; thence South 80 feet to the point of beginning; also all of the NW 1/4 NW 1/4 of Section 25, Township 27 North, Range 3 East, W. M., EXCEPT the Replat of Homeland Addition, and EXCEPT the 'North 30 feet of the East 255 feet of aforesaid NW 1/4 of the NW 1/4, and EXCEPT the South 120 feet of the North 150 feet of the East 120 feet. of aforesaid NW 1/4 of the NW 1/4, Section 25; all within the Corporate Limits of the City of Edmonds. Section 4. The point of commencing the proposed sewer shall be the intersection of Pine Street and Ninth A\ enue and the intersection of Fir Street and Ninth Avenue in the City of Edmonds; the point of ending shall be a manhole in ti:e intersection of Howell Way and Third Avenue in the City of Edmonds as shown on the map and plans and specifications for the said improvement; that the route of the proposed sewer shall be as follows: Along Howell Way from Third Avenue to Fifth Avenue; along Fourth Avenue from Howell Way to Erben Drive; along the alley between Fourth Aven to and Fifth Avenue, north from Erben Drive; along the road easement known as Holly Drive; along a route from Fourth Avenue to Fifth Avenue, parallel to and 700 feet north of Pine Street; along Fifth Avenue from Pine Street to a point 700 feet north of Pine Stre,.t, along a route from Fifth Avenue east a distance of 600 feet, parallel to and 300 feet north of Pine Street; along a route from Fifth Avenue to Seventh Avenue, parallel to and 550 feet north of Pine Street; along Six -and -one-half Avenue from Walnut Street to Pine Street along Seventh Avenue, from Spruce Street to Laurel Street, and from P`.ue Street to Fir Street; along "B" Avenue, Eighth Avenue and '1C" Avenuc, frorn Pine Street to Fir Street; along the alleys in Blocks 1, 2, 4, 5, 6, 7 and vacated alley in Block 8 of Yost Is First Addition to the City of Edmondb, alone, Spruce and Laurel Streets from Seventh Avenue to Eighth A,enue; along Hemlock Street from Seventh Avenue to a point 300 feet east; along Cedar Street from Eighth Avenue to Ninth Avenue; along a route North from Pine Street a dis- tance of 900 feet, parallel to and 150 feet west of Seventh Avenue; along Pine Street fr,)m a point 150 feet west of Seventh Avenue to Ninth Avenue; along a route from Six -and -one-half Avenue East a distance of 350 feet, parallel to anu 1050 feet North of Pine Street; and other laterals as required for a com- plete improvement, all within the City of Edmonds. Section 5. A special fund is hereby created to be called Construction Fund of Local Improvement District No. 74. Into said fund shall be paid the pi )ceeds from the sale of interest bearing warrants by the City of Edmonds to the purchasers of the said warrants. Out of said construction fund shall be paid, by cash warrants, the costs of the improvement as the same shall become due. Section 6. A special fund is hereby created to be called Local Improvement District Fund No. 74 which shall consist in the aggregate of the several amounts assessed, levied, and collected on the several lots and parcels of land in said local • improvement district and the proceeds of the sale of the bonds of the said district. Out of said fund shall be paid the bonds, the interest thereon, and the entire cost of such improvement. Section 7, i he cost and expense of such improvement shall be defrayed by special assessments payable in ten (10) equal annual installments, with interest thereon at no more than the rate of five per cent (5%) per annum, payable annually, under the mode of payment by bonds, as provided by law and the ordinances of said City. Bonds bearing interest at the rate of no more than five per cent (5%) per annum, payable on or before twelve (12) years from date of issue, shall be issued in payment of the costs and expenses of such improvement, or the City of Edmonds, may, at its election, sell said bonds and make payment in cash in the manner pt ovided by law and ordinances of said City. MAYOR ATTEST: ' . � „ice .�- �• CITY CLERK PASSED: PUBLISHED: !� Y