Ordinance 889ORDINANCE NO.
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1N ORDINANCE PROVIDING FOR THE IMPROVEMENT OF CERTAIN PROPERTY
IN THE CITY OF EDMONDS BY INSTALLING TRUNK AND LATERAL SANITARY
SEWERS, TOGETHER WITH THE NECESSARY MAN IOLES, INLES AND APPUR-
TENANCES NECESSARY TO MAKE A COMPLETE IMPROVEMENT; ESTABLISH-
ING THE ROUTE THEREFOR; CREATING AN ASSESSMENT DISTRICT; CREATING:
A CONSTRUCTION FUND THEREFOR; CREATING A LOCAL IMPROVEMENT
• DISTRICT FUND THEREFOR; PROVIDING THAT PAYMENT FOR SUCH IMPROVE-
MEN'T BE MADE B" SPECIAL ASSESSMENT ON SAID DISTRICT UNDER THE
MODE OF PAYMENT BY BONDS; PROVIDING THE RATE OF ASSESSMENT SHALL
BE FIXED ON THE BASIS OF THE SPECIAL BENEFITS CONFERRED BY THE IM-
PROVEMENT, AS SET FORTH IN RCW 35.44.040; AND FURTHER PROVIDING
FOR PAYMENT BY THE CITY OF COSTS EXCEEDING THE ENGINEER'S ESTI-
MATE BY MORE THAN TEN PERCENT (10%).
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W H E RE A S, by Resolution of Intention No. 154 passed by the City Council
of the City of Edmonds on May 2, 1961, proposing a local improvement district as
he reins"ter set out, and doing all other work necessary in connection therewith to
make a complete improvement, in ac-cordance with the plans and specifications
prepared by the City Engineer, a liearing was set on said local improvement, and
W H E RE A S at the hearing on the Preliminary Assessment Roll on said
local improvement as provided by Resolution of Intention Nu. 154, written
objections were filed,
NOW, TIS REFORE, THIN CITY COUNCIL OF THE CITY OF EDMONDS
DOES ORDAIN:
Section 1. That certain property in the City of E—nonds be improved by
the installation of a sanitary sewer, as follows:
An eight inch sewer main on Tenth Place Nurth from 480 feet southwesterly
of Euclid Avenue to 4311 feet more or less northeasterly of Euclid Avenue; also on
Euclid Ave, from Tenth Place North to a point 470 feet more or less southeasterly
of Tenth Place North; Also a six inch sewer from Tenth Place North and 130 feet
• south of mouth mi rgin of Euclid Avenue southeasterly parallel to Euclid Avenue,
250 feet more or- leas; Snohomish County, Washington;
together with the necessary manholes, inlds and other appurtenances necessary
to make a complete improvement, in accordance with City standards.
Section 2. That the cost and expense of such ir-.provemer.t shallhe borne
by and assessed against the property included in the assessment district created
in aevordance with law, and provided the rate of assessment shall be as set forth
in RCW 35. 44.040; PROVIDED, in the event the cost of the said improvement shall
exceed by more than ten (10io) per cent the engineer's preliminary estimate, the
City of Edmonds shall pay, from its U ater and Sewer Fund, sums sufficient to
make up the difference between the actual cost of the improvement and the En-
gineer's estimated cost plus ten per cent; PROVIDED, further, that at the time
of the hearing on the final assessment r '1 on said improvement, if the City
Council, sitting as a Board of Equalization, shall determine that certain inequities
exist, and adjustments are necessary, but in an amount less than the cost of
re -assessing the property in the local improvement district, then the Council
may, at its discretion, decide to absorb the cost of such inequities and adjust -
menta.
Section 3. 'That there is hereby established a local improvement district
to be called Local Improvement District No. 105, which district shall include the
following described property, to -wit:
Beginning on the S. E. corner of Lot 7, Block 41, Plat of North Edmonds,
Washington, as recorded in volume 2, page 75, records of Snohomish County,
Washington; thence northeasterly parallel to the easterly margin of said Lot
7 to the centerline of the alley in said Block 41; thence southeasterly along
the centerline of said alley to the extended easterly margin of Lot 11 said Block
41; thence northeasterly parallel to the easterly boundary of Lot 11, 180 feet;
thence southeasterly parallel to the southerly margin of Lot 10, Block 40,
of said plat of North Edmonds, Washington, 12 feet; thence northeasterly parallel
to the easterly margin of said lot 10, 100 feet; thence northwesterly parallel
to the northerly margin of lots 7, 8, 9 and 10 of said Block 40, 212 feet; thence
northeast Orly parallel to the easterly margin of Lot 6 of said Block 40, 30 feet;
thence northwesterly parallel to the northerly margin of Lots 3, 4, 5 and 6 said
Block 40, 200 feet; thence northeasterly parallel to the easterly margin of 10th
Place North, 155 feet; thence northwesterly along the centerline of vacated
Newport Avenue 140 feet; thence northeasterly parallel to the west margin of
10th Place North 37 feet more or less to the corner of property owned by J.S.
Jeffrey, thence continuing along the same line 54.5 feet; thence south 51026'
• east 14.5 feet; thence north 38034' east 150. 32 feet; thence north 67053143''
west 121.26 feet; thence south 0038' east 25 feet; thence south 89047' west
20.61 feet; thence south 32038'30 west 122.84 feet; thence south 38034' west
16.00 feet; thence north 51002` west 60.64 feet; thence southwesterly parallel
to the westerly margin of 10th Place North to the centerline of vacated Lake
Street; thence southeasterly along the centerline of vacated Lake Street 540 feet;
thence northea•-terly to the point of beginning; Snohomish County, Washington.
Section 4. A special fund is hereby created, to be called Construk:iion
Fund for Local Improvement District No. 105. Into said fund shall be paid the
proceeds frons the sale of interest-bearing warrants by the City of Edmonds to
• the purchasers of 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 5. A special fund is hereby created, ti- be called Local Improve-
ment District Fund No. 105, which shall consist in he 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 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 6. The cost and expense of such improvement shall be defrayed
by special assessment payable in ten (10) equal annual installments, with interest
thereon at no more than the rate of six (6%„) per cent 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 six (6%) per cent
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 provided by law and the ordinances of said City.
ATTEST: r _�� y /� (,. /{ t1
' MAI OR
CITY LERK
Passed:_—
Published: —_—_—__—_--
Filed with City Clerk:____—-
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