Ordinance 699•
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ORDINANCE NO.
AN ORDINANCE PROVIDING FOR THE IMPROVEMENT OF SEVENTH
AVENUE NORTH FROM CASPER STREET, NORTH AND EASTERLY
TO EIGHTH AVENUE NORTH EXTENDED, IN THE CITY OF EDMONDS,
COUNTY OF SNOHOMISH, STATE OF WASHINGTON, BY GRADING
AND LEVELING THE ABOVE DESCRIBED AVENUE AND PAVING
SAID AVENUE WITH A- 4 UMIN US-ABAD-TAPE I?
ASPHALTIC CONCRETE, TO THE WIDTH OF NOT LESS THAN
24 FEET IN THE CENTER OF SAID RIGHT-OF-WAY, TOGETHER
WITH SUCH OTHER WORK AS MAY BE NECESSARY TO MAKE A
COMPLETE IMPROVEMENT; PROVIDING, THAT PAYMENT FOR
THE SAID IMPROVEMENT BE MADE BY SPECIAL ASSESSMENT ON
THE PROPERTY IN SAID DISTRICT, UNDER THE MODE OF PAYMENT
BY BONDS, FOR MATERIAL USED, FIXED ESTIMATES AND ALL
OTHER EXPENSES, ALL IN ACCORDANCE WITH THE PETITION
SUBMITTED BY THE OWNERS OF THE PROPERTY WITHIN THE
SAID DISTRICT; CREA" TNG AN ASSESSMENT DISTRICT; CREATING
A LOCAL IMPROVEMENT DISTRICT FUND THEREFOR, AND PRO-
VIDING THAT PAYMENT FOR SUCH IMPROVEMENT BE MADE BY
SPECIAL ASSESSMENT ON SAID DISTRICT UNDER THE MODE OF
PAYMENT BY BONDS
WHEREAS, by petit ion duly sig:led and conforming to law, submitted
to the City Council of the City of Edmonds on
MVP, petitioning for the improvement as above outlined,
and doing all other work
necessary in connection therewith to make a complete impro:ement in accordance
with the plans and specifications prepared by t he City Engineer,
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ED-
MONDS DOES ORDAIN:
Section 1. That Se: enti, Avenue North from its intersection x itn
Casper Street on the south, north aid easterly to its intersection with Ei g.:th
Avenue Nort ., extended, on ti,e east, in the City of Edmonds, Washington, be
improved by grading and leveling and paving said avenue with.a.-bilaerri-neua-,96
asphaltic concret e to a widtn of not less titan 24 feet in the
enter of said right -a -way, together with such other work may be necessary
to make a complete improvement.
Section 2. That the cost and expense of such improvement shall
be borne by and assessed against t ue property included in the assessment
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district created in accordance witn law.
Section S. Tnat there is :iereby established a Local Improvement
District to be called Local Impro: ement District No. 7 , whicn district
shall include the following described property, to -wit:
That portion of the northwest quarter of Section 24,
Towns: -tip 27 north, range 3 east, W. M. , described as
follows: Beginning at the southwest corner of the nort b-
east quarter of t he northwest quarter of said Section 24;
t,.ence no:•th 88°34'45" west 125.00 feet; thence north
1°0..'13" east 340.00 feet ; thence sout.. 88°34'45" east
49.81 feet; thence north 1°03'13" east 319.07 feet;
tnence south 89°06' east 284. 15 feet; thence sout h
0°53'15" west 76. Ou feet; thence south 88°33'57" east
393.79 feet; thence south 1°16' 15' west 52.93 feet;
thence south 8°41'02' east 205.80 feet; tnence north
88°34'45' west 377.6ii feet; thence south 1003'13" west
157. 50 feet; thence north 88°34'45' west 130 feet; t peace
south 1°03'13`' rest 172.5 feet; thence north 88°34'45"
west 129. 99 feet to the point of beginning. LESS that
portion dedicated as public street s.
Sect: o., 4. A special fund is hereby crested, to be called Local
Impro: ement District Fund No. J/ , which shall consist i n 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 t..e said district . Out of said fund small be paid the bonds,
the interest thereon, and tie entire cust of such improvement.
Section 5. The cost and expense of such improvement snail be
defrayeu by special assessment, payable in ten (1u) equal installment s,
with interest tnereon at a rate not to exceed 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 not to exceed 5% per annum
payable on or before twelve (12) years from the date of issue, shall be
issued in payment of the costs and expenses of sucu improvement, or the
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City of Edmonds may, at it s election, sell said bonds and make paymt pit i rL
cash in the manner provided by law a❑d the ordinances of said City.
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ATTEST: L� ,.,; ,.1_.it,
City Clerk
Passed:
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Published:
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MAYOR