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Ordinance 1297ORDINANCE NO. __L:!�rL AN ORDINANCE ORDERING THE IMPROVEMENT OF CERTAIN PROPERTY IN THE CITY OF EDMONDS BY CONSTRUCTING CONCRETE SIDEWALKS, STANDARD CURBS AND GUTTERS, BY PAVING THE STREET WITH ASPHALTIC TYPE CONCRETE, PROVIDING NECESSARY DRAINAGE AND ANY NECESSARY GRADING OR BASE PREPARATIbN AND RELATED WORK NECESSARY TO MAKE A COMPLETE IMPROVEMENT IN ACCORDANCE WITH CITY STANDARDS; CREATING AN ASSESSMENT DISTRICT • BEING LOCAL IMPROVEMENT DISTRICT NO. 156; PROVIDING THE METHOD OF ASSESSMENT OF SAID DISTRICT# PROVIDING THAT PAYMENT FOR SAID IMPROVEMENT 3E MALE BY SPECIAL ASSESSMENTS UPON THE PROPERTY IN SAID DISTRICT, PAYABLE BY THE MODE OF "PAYMENT BY BONDS"; PROVIDING FOR THE ISSUANCE AND SALE OF LOCAL IMPROVEMENT DISTRICT WARRANTS AND LOCAL IMPROVEMENT DIST- RICT BONDS; PROVIDING FOR PAYMENT BY THE SAID CITY OF COSTS EXCEEDING $10.00 PER ZONED FRONT FOOT WHERE SIDE- WALKS ARE PROVIDED ON EACH SIDE OF THE STREET AND $9.00 PER ZONED FRONT F.OT WHERE SIDEWALKS ARE PROVIDED ON ONE SIDE OF THE STREET IN ACCORDANCE WITH THE ZONE -AND -TERMINI METHOD OF ASSESSMENT; AND CREATING A SPECIAL LOCAL IMPROVE- MENT FUND, DISTRICT NO. 156. WHEREAS, by Resolution of Intention No. 209 adopted on March 7, 1967, the City Council of the City of Edmonds declared its intention to create a local improvement district as hereinafter set forth and all work necessary to make a complete improvement in accordance with the plans and specifications prepared by the City Engineer, and WHEREAS, due notice of the hearing upon said Resolution of Intention. No. 209 was given in the manner as provided by law and such hearing was held by the City Council as aforesaid, and all persons appearing at said hearing were heard, and all wr-4tten protests filed with the City Council on or before said date were duly considered and rejected by the City Council, and WHEREAS, the City Council has now determined it to be in • the best interests of the City that said improvement as here- inafter described be carried out and that a local improvement district be created in connection therewith, now, therefore, THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. The following property within the City of Edmonds, Washington is hereby ordered to be improved by the construction of concrete sidewalks on each side of the street, except north of 196th Avenue where sidewalks will be on one side of the street on Olympic Drive, standard curbs and gutters, by paving the street with asphaltic type concrete, providing necessary drainage, and any necessary grading or base preparation and related work necessary to make a complete improvement in accordance with City Standards, as follows: • Main Street from 9th Avenue to approximately 200 feet northwest of the 5 Corners intersection; Olympic Avenue from Main Street to Olympic View Drive. The foregoing shall be carried out in accordance with the maps, plans and specifications therefor prepared by Reid, Middleton & Associates, Inc., consulting engineers to said City, copies of which are on file in the office of the City Clerk; and the same are hereby adopted. Section 2. There is hereby created and established a local improvement district, to be called "Local Improvement District No. 156", which district, is described as follows and contains the following areas, all situate in Snohomish County, Washington: Beginning at a point on the centerline of the alley in Block 40, City of Edmonds, as recorded in Volume 2, page 39, records of Snohomish County, Washington, at the intersection with the extended West line of Lot 30 szid Block 40; thence West to centerline of Ninth Avenue; thence South 235 feet; thence East to the centerline of Olympic Avenue; thence South 32 1/2 feet; thence East and Southeasterly parallel and 150 feet from the Southerly margin of Main Street to the intersection with the East line of Tract 18, Block 5, Alderwood Manor No. 9 as recorded in Volume 10, page 6, records of Snohomish County, Washington; thence Northeasterly to a point on the South margin of Main Street at a distance of 260 feet Westerly as measured along said South margin from the Northerly margin of Bowdoin Way; thence Northeasterly at right angles to the South margin of Main Street 260 feet; thence Northwesterly and Westerly parallel to the Northerly margin of Main Street to the Easterly margin of 91st Place West; thence South 60 feet; thence East to the East line of Lot 8, Seaview Estates No. 3 as recorded in Volume 18 of Plats, page 87, records of Snohomish County, Wash- ington; thence Northerly to a point on the West margin of 207th Place S.W. at a distance of 150 feet North of the North margin of Main Street; thence West parallel to said North margin to a point 250 feet East of the East margin of Olympic Avenue; thence North parallel to said East margin of Olympic Avenue to the North Boundary of Maplewood Village No. 3 as recorded in Book of Plats, Volume 22, page 93, records of Snohomish County, Washington; thence Northeasterly to a point in the South line of Lot 24 in Puget Sound Machinery Depot 5-Acre Tracts as 2- recorded in Bo*x of Plats Volume 5, page 47, records of Snohomish County, Washington, said point being 300.00 feet East of the Southwest corner of said Lot 24; thence North parallel to said East margin of Olympic Avenue to the North margin of Viewland Avenue; thence West along said North margin to the Southeast corner of Lot 6 in the Plat of Viewland Heights, as recorded in Book of Plats, Volume 13, page 84, records of Snohomish County, Washington; thence North to the Northeast corner of Lot 4 said Viewland Heights; • thence Northerly to the Northeast corner of Lot 1 in said Viewland Heights; thence Easterly to point of intersection of North margin of Puget Drive with a line drawn parallel and 340.00 feet East of the West line of the SE 1/4 of the SE 1/4 of Section 13, T27N, R3E, W.M.; thence North along said parallel line to the North margin of Forest Dell Drive; thence West along said North margin and said North margin extended to the Easterly margin of Olympic View Drive; thence Southwesterly along said Easterly margin of Olympic View Drive to the Northwest corner of Lot 1 in Block 46 of Original Plat of North Edmonds as recorded in Book of Plats, Volume 2, page 75, records of Snohomish County, Washington; thence Southerly to a point in the North margin of Puget Drive, said point being 24C:00 feet West and 40.00 feet North of the Southeast corner of the SW 1/4 of the SE 1/4 of Section 13, T27N, R4E, W.M.; thence Southwesterly to a point in the South margin of said Puget Drive, said point being 330.00 feet West of the centerline of said Olympic Avenue; thence South parallel to said centerline to the North boundary of Sunset Acres as recorded in Book of Plats, Volume 19, page 90, records of Snohomish County, Washington; thence East to the Northwest corner of Lot 6, said Sunset Acres; thence South to Southwest corner thereof; thence East 13.00 feet; thence South to the South- east corner of Lot 9 said Sunset Acres; thence West along the South line said Lot 9 and the South line of Lot 10 to the produced West line of Lot 6 in Block l of Riley Park as recorded in Book of Plats, Volume 14, page 78, records of Snohomish County, Washington; thence South to the South- west corner of Lot 6 in Block 2 of said Riley Park; thence Southeasterly to the Northwest corner of Lot 30 in Block 44 of City of Edmonds as recorded in Book of Plats, Volume 2, page 39, records of Snohomish County, Washington; thence South to the point of beginning. Section 3. The cost and expense of said improvement shall be assessed upon all the property in the District in accordance with the zone -and -termini method of assessment provided by law, not to exceed<9.00 ,r $lo.00 per :zoned front foot as provided herein • Section 4. The estimated cost and expense of the said improvement is hereby declared to be $307,000.00, of which the Ci4:y will pay the estimated sum of $90,020.31. The.cost and expense of said improvement, including all labor and materials required to make a complete improvement, all engineering, M-M surveying, legal, inspection, ascertaining of ownership of the lots or parcels of land included in the assessment district, advertising, mailing and publication of notices, accounting, administrative, printing, costs of acquisition, and other expenses incidental thereto, shall be borne by and assessed against the property • specially benefited by such improvement included in the local improvement district established, embracing, as near as may be all property specially benefited by such improvement; PROVIDED in the event the total cost of said improvement shall exceed $10.00 per zoned front foot where sidewalks are provided on both sides of the street or shall exceed $9.00 per zoned front foot where sidewalks are provided on one side of the street, in accordance with the zone -and -termini method of asse.-ment, the City of Edmonds shall pay sums sufficient to provide the difference between the actual costs of said improvement and the said $10.00 or $9.00 per zoned front foot; PROVIDED, further, that at the time fixed for hearing objections to the confirmation of the assessment roll, and at the times to which the hearing may be adjourned, the City Council may correct, revise, raise, lower, change or modify the roll or any part thereof, or set aside the roll and order the assessment to be made de novo and at the conclusions thereof confirm the roll by ordinance. Section 5. Local Improvement Distract Warrants shall be issued in payment of the portion of the cost and expense of the improvement herein ordered to be specially assessed, such warrants to be payable out of the "Local Improvement Fund, • District No. 156" hereinafter created, to bear interest from the date thereof at a rate not to exceed ri per annum and to be redeemed in cash, and/or by local improvement district bonds herein authorized to be issued. The costs and expenses of the improvement up to but not to exceed $y.00 or $10.00 per zoned front foot provided herein, sl.all be defrayed and the bonds shall be redeemed by the collection of special assessments -4- to be levied and assessed upon the property within said District, payable in ten (10) equal annual installments, with interest at a rate to be hereafter fixed by ordinance not exceeding 6% per annum under the mode of "payment by bonds". The bonds shall bear the rate of interest at no more than 6% per annum, payable on or • before twelve years after the date of issue. Section 6. All the work necessary to be done in connection with the making of said improvement shall be done by and made • by contract upon competitive bids and the City shall have and reserves the right to reject any and all bids. Section 7. There is hereby created and established for Local Improvement District No. 15G, a special fund to be known and designated as "Local Improvement Fund, District No 156", into which fund shall be deposited the proceeds from the sale of interest bearing warrants drawn against said fund which may be issued and sold by the City, and the aggregate of the several amounts assessed, levied and collected on the lots and parcels of land in said local improvement district; and against which fund shall be issued cash warrants for the costs and expenses in connection with said improvement as the same become due, not to exceed $9.00 or $iu.00 per zoned front foot as provided herein, and against which fund shall be paid the bonds and the interest thereon. APPROVED: FORDON MAXWELL, MAYOR ATTEST: CITY CLERK PASSED BY THE CITY COUNCIL: May 2, 1967 FILED WITH THE CITY CLERK: May 2, 1967 PUBLISHED: May 10, 1967 -5-