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Ordinance 1129• ORDINANCE NO. AN ORDINANCE APPROVING AND CONFIRMING THE FINAL ASSESSMENT AND ASSESSMENT ROLL OF LOCAL IMPROVE- MENT DISTRICT 125 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 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 IMPROVEMENT IN ACCORDANCE WITH CITY STANDARDS, PURSUANT TO RESOLUTION OF INTENTION NO. 172, AND AS PROVIDED BY ORDINANCE NO. 1060, AND LEVYING AND ASSESSING THE AMOUNT THEREOF AGAINST THE SEVERAL LOTS, TRACTS, PARCELS OF LAN') AND OTHER PROPERTY SHOWN ON SAID ROLL. WHEREAS, the assessment roll levying the special assessments against the properties located in Local Improvement District No. 125, in the City of Edmonds, Washington, created under Ordinance No. 1060, has been filed with the City Clerk of the City of Edmonds as provided by law; and WHEREAS notice of the time and plac( of hearing thereof and of making objections and protests to said mil was duly published at and for the time and mann(r provided by law, fixing the time and place of hearing thereor for the 7th day of Sept- ember, 1965, at the hour of 8:00 P.a. o'clock in the council chambers of the Civic Center at Timonds, Washington and further notice thereof was duly mailed by the City Clerk to each property owner on said roll; and WHEREAS, at the tird and place fixed and designated in said notice, the hearing n said assessment roll was duly held and all written prot ;ts received were duly considered and all persons appr,ring at said hearing were heard, and the City Council overruled said written protests received and denied all requests for changes of assessments on said assessment roll, now, therefore, • • • THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHID'1TON D0 ORD?IN AS FOLLOWS: Section 1. The assessments and assessment roll of Local Improvement District No. 125, which has been created and estab- lished for the purpose of paying the cost of the installation of standard curbs and gutters and by paving with asphaltice type concrete, and any necessary grading or base preparation and related work necessary to make a complete improvement of certain property, being Hemlock Way from Fifth Avenue to Sixth Avenue, (formerly 6 1/2 street) in the City of Edmonds, Washington, pur- suant to Resolution of Intention No. 172, and as provided by Ordinance No. 1060, 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 s.i0 roll is hereby determined and declared to be specially benefited by said improvement in at least the amount charged agains'- 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 City Treasurer of the City of Edmonds, Washington for collection and said City Treasurer is hereby authorized and directed to publish noti:e as required by law stating that the said rril is in his hands for collection and to it 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 thereon -2- • hereby fixed at the rate of " % per annum. The first install- ment 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 Xr % per annum and each year thereafter one of said install- ments, together with interest due on the whole of the unpaid bal- ance, shall be collected. Any installment not paid prior to the expiration of th` said thirty day period during which such installment is due and payable shall thereupon become delinquent. All delinquent installments shall be subject to a charge for interest at 6% per annum and for an additional charge of 5% penalty levied upon both principal and interest due upon such installment or installments. The dollection of such delinquent installments will be enforced in the manner provided by law. APPROVED: �c.4y�MA VCR, GORDON XWELL. ATTEST: CITY CLERIC, IRENE.4ARNEY MORAN PASSED BY THE CITY COUNCIL: ,t ( FILED WITH THE CITY CLERK: , 1 . ;'ram ,S PUBLISHED: r".7I r, -3-