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Ordinance 1131• • ORDINANCE Nu. TIN ORDINANCE :,PPROVING AND CONFIRMING THE FINAL ?S;ESSMENT AND ASSESSMENT ROLL OF LOCAL IMPROVE- MENT DISTRICT NO. 130 WHICH HAS BEEN CREATED AND ESTABLISHED FOR THE PURPOSE OF PITYING THE COST OF IMPROVING CERTAIN PROPERTY, ALL IN THE CITY OF EDMONDS, WASHINGTON, BY CONSTRUCTING STANDARD CURBS AND GUTTERS AND PiAVING 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. 178, AND AS PROVIDED BY ORDINANCE NO. 1084 AND LEVYING AND ASSESSING THE AMOUNT THEREOF AGAINST THE SEVERAL LOTS, TRACTS, PARCELS OF LAND AND OTHER PROPERTY SHOWN ON SAID ROLL. WHEREAS, the assessment roll levying the spacial assessments against the properties located in Local Impre...:lent District No. 130, in the City of Edmonds, Washington, created under Ordinance No. 1084, has been filed with the City Clerk of the City of Edmonds as provided by law; and WHEREAS, notice 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 plac, of hearing thereon for the: 7th day of September, 1965, at the hour of 8:00 P.M. o'clock in the council chambers of the Civic Center at Edmonds, Washington and furLner notice thereof was duly mailed by the City Cli.rk to each property owner on said roll; and WHEREAS, at the time and plac, fix,d and designated in said notice, the hearing on said assessment roll was duly• held and all written protests received were duly considered and all persons appearing at said hearing were heard, and the City Council over- ruled said written protests received and denied all requests for changes of assessments on said assessment roll, now, thcrc:fote, THE CITY COUNCIL OF THE CITY OF t:DMONDS, WASHINGTON DO ORDLIN AS FOLLOWS: Section 1. Th, assessments and assessment roll of Local Improvement District No_ 130, which has been creat:.d and estab- lished for the purpose of paying the cost of the installation of standard curbs and gutters and by paving with asphaltic type concrete, and any necessary grading or base preparation and related work necessary to make sa complete improvement of certain property, being Alder Street from 5th Avenue to Sixth Avenue South, in the City of Edmonds, Washington, pursuant to Resolution of Intention No. 178, and as provided by Ordinance No. 1084, 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 determined and declared to be specially benefited by said improvement in at least the amount charged against the same and the assessment appuarng against the same is in proportion to the several assess- ments 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 TrL,asurer of the City of Edmonds, Washington for collection ,end said City Treasurer is hereby authorized and directed to yublish notice as required by law stating that the said roll is in his 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 thereon hereby fixed at the rate of % per annum. The first installment of assessments on said assessment roll shall become -2- • • dui r,nd paynhlL durinrj the thirty day period succeeding the date one year after thL dat, of first, publication by the City Treasurer of notice that the assessment roll is i. 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 thu first thirty day period, interest upon the whole unpaid sum shall be charged at the rate of -C A per annum and each year thereafter one of said install- ments, together with interest due on the whole of the unpaid balance, shall ba collected. I1ny installment not paid prior to the expiration of the said thirty day period during which such installment is due and payable shall thereupon become delinquent. A11 delinquent installments shall be subject to a charge for interest at 6% per annum and for an additional charge of 5% penalty levied upon r.�th principal and interest due upon such installment or installments. The collection of such delinquent installments will be enforced in the manner provided by law. APPROVED: ty4YOR, GORDON MAat;LL ATTEST: CITY CLERK, IRENE M RNEY MORJ'iN PiiSSED BY THE CITY COUNCIL: / FILED WITH THE,5,ITY CLERK: f PUBLISHED: -3-