Ordinance 1309ORDINANCE NO. f30 �
AN ORDINANCE ORDERING THE IMPROVEMENT OF CERTAIN PROPERTY
IN THE CITY OF EDMONDSM WASHINGTON BY CONSTRUCTING CONCRETE
SIDEWALKSO STANDARD CURBS AND. GUTTERS* BY PAVING THE STREET
WITH ASPHALTIC TYPE CONCRETE* PROVIDING NECESSARY DRAIM-GE
AND ANY NECESSARY GRADING OR BASE PREPARATION AND RELATED
WORK NECESSARY TO MAKE A COMPLETE IMPROVEMENT IN ACCORDANCE
WITH CITY STANDARDS; CREATING AN ASSESSMENT DISTRICT BEING
LOCAL IMPROVEMENT DISTRICT NO. 160; PROVIDING THE METHOD OF
ASSESSMENT OF SAID DISTRICT; PROVIDING THAT PAYMENT FOR SAID
IMPROVEMENT BE MADE 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 DISTRICT BONDS;
PROVIDING FOR PAYMENT BY THE SAID CITY OF COSTS EXCEEDING
$10.00 PER ZONED FRONT FOOT IN ACCORDANCE WITH THE ZONE -AND --
TERMINI METHOD OF ASSESSMENT; AND CREATING A SPECIAL LOCAL
IMPROVEMENT FUNDS DISTRICT NO. 160.
WHEREAS by Resolution of Intention No. 213 adopted on
April 18, 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 specif-
ications prepared by the City Engineer, and
WHEREAS due notice of the hearing upon said Resolution
of Intention No. 213 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
written 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 therewitht nowt therefore,
THE CITY COUNCIL OF THE CITY OF EDMONDSO WASHINGTON DO
ORDAIN AS FOLLOWS:
Section to 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,
standard curbs and gutters'. by paving the street with asphal-
tic type concrete, providing necessary drainage, and any nec-
essary grading or base preparation and related work necessary
to make a complete improvement in accordance with city stan-
dards, as follows:
Pine Street from 9th Ave. S. to loth Ave. S.
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. 160," which district is described as follows and
contains the following area:
Beginning at the intersection of the centerlines
of 9th Ave. and Pine Street; thence South 332.94
feet; thence East to the centerline of loth Ave.;
thence North 477.85'; thence West 327.10'; thence
north 146.00'; thence west to the centerline of
9th Avenue; 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 accord-
ance with the zone -and -termini method of assessment provided
by law, not to exceed $10.00 per zoned front foot.
Section 4. The estimated cost and expense of the said
improvement is hereby declared to be $19,500.00, of which sum
the City will pay the estimated sum of $4x994.00,, ,The cost
and expense of said improvementr including all labor and mater-
ials required to make a complete improvement, all engineering,
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surveying., legal, inspection, ascertaining of ownership of
the lots or parcels of land included in the assessment dis-
trict, 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 estab-
lished, 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 in accordance with the zone-and-temmini method of
assessment, the City of Edmonds shall pay sums sufficient to
provide the difference between the actual costs of said im-
provement and the said $10.00 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 conclusion thereof confirm the roll
by ordinance.
Section 5. Local improvement district 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. 160" hereinafter created, to bear interest from
the date thereof at a rate not to exceed 6% 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 $10.00 per zoned front
foot, shall be defrayed and the bonds shall be redeemed by the
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collection of special assessments 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 12 years after the date of issue.
Section 6. All the work necessary to be done in connec—
tion 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. 160, a special fund to be known
and designated as Local Improvement Fund, District No. 160,
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 dist�x- ict; 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 $10.00 per zoned front foot as provided herein,
and against which fund shall be paid the bonds and the interest
thereon.
APPROVED:
1
r
Q ON MAXWELLv MAYOR
ATTEST:
CITY CLERK
PASSED BY THE CITY COUNCIL: June ZO, 1967
FILED WITH THE CITY CLERK: June ZQ,, 1967
PUBLISHED: June 28, 1967