Ordinance 1357ORDINANCE NO, f 3 S %
AN ORDINANCE ORDERING THE IMPROVEMENT OF CERTAIN PROPERTY --
IN THE CITY OF EDMONDS BY :CONSTRUCTING CONCRETE SIDEWALKSO
STANDARD CURBS AND GUTTERS, BY PAVING THE STREET WITH
ASPHALTIC TYPE CONCRETE,8, PROVIDING NECESSARY DRAINAGE
AND ANY NECESSARY GRADING OR BASE PREPARATION AND RELATED
WORK NECESSARY TO MAKE A COMPLETE IMPROVEMENT IN ACCORDANCE
WITH URBAN ARTERIAL STANDARDS; CREATING AN ASSESSMENT
DISTRICT BEING LOCAL IMPROVEMENT DISTRICT NO. 165;
PROVIDING 'FOR THE METHOD OF ASSESSMENT OF SAID DISTRICT;
PROVIDING THAT PAYMENT FOR SAID IMPROVEMENT BE MADE BY
SPECIAL ASSESSMENTS UPON THE PROPERTY OF SAID DISTRICT,
PAYABLE BY THE MODE OF "PAYMENT BY BONDS" NOT TO EXCEED
10PERCENT OF THE COST AND EXPENSE OF SAID IMPROVEMENTS
THE BALANCE TO BE PAID FROM MONEY GRANTED FROM THE URBAN
ARTERIAL FUND OF THE STATE OF WASHINGTON; PROVIDING FOR
THE ISSUANCE AND SALE OF LOCAL IMPROVEMENT DISTRICT
WARRANTS AND LOCAL IMPROVEMENT DISTRICT BONDS; AND
CREATING A SPECIAL LOCAL IMPROVEMENT FUNDS DISTRICT No.
165.
WHEREAS, by Resolution of Intention No. 220 adopted on
the 5th day of March, 1968, 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 speci-
fications prepared by the City Engineer, and
WHEREAS,, due notice of the hearing upon said Resolution
of Intention No. 220 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 therewith, now, therefore,
THE CITY COUNCIL OF THE CITY OF EDMOND S.m 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,
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 Urban Arterial
Standards, as follows:
Main Street from 6th Avenue to approximately 200 feet
northwest of the 5 Corners intersection.
The foregoing shall be carried out in accordance with the
maps, plans and specifications therefor prepared by Gray &
Osborne, consulting engineers for this project, 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. 165", which district is described as follows
and contains the following areas, all situate in Snohomish
County, Washington:
Beginning at the intersection of the centerlines of
6th Avenue and Main Street, said point being the true point
of beginning; thence North, along the centerline of 6th
Avenue, to a point lying 150 feet North of the center-
line of Main Street; thence Easterly and Southeasterly,
parallel with the centerline of said Main Street as it
now exists to a point lying 150 feet North 68038' East
of a point on the centerline of said Main Street: said
point on centerline lying on a curve to the left of
radius 573.69 feet, a distance of 193.78 feet Southeast
of the point of curve of said Main Street; thence 300 feet
South, 68038' West, on a radial line of said curve to said
Main Street; thence Northwesterly and Westerly, parallel
with the centerline of said Main Street as it now exists
to the centerline of 6th Avenue; thence North, along the
centerline of 6th Avenue to the intersection of the
centerline of 6th Avenue and Main Street, said point
being the true point of beginning.
Section 3. Ten percent of the cost and expense of said
improvement shall be assessed upon all the property in the
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district in accordance with the zone -and -termini method of
assessment provided by law and the balance to be from monies
granted from the Urban Arterial Fund of the State of Washing-
ton.
Section 4. The estimated cost and expense of said improve-
ment is hereby declared to be $469,950.00, of which the Urban
Arterial Fund grant will lay the estimated sum of $416,700.00.
The cost and expense of said improvement, including all labor
and materials required to make a complete improvement, all
engineering, surveying, legal, inspection, ascertaining of
ownership of the lots or parcels of land included inthe
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 including in the local improvement
district established, embracing, as near as may be,
all property specially benefited by such improvement in the
estimated sum of $53,250.00 representing ten percent of the
estimated total project costs plus the indirect local improve-
ment district costs; PROVIDED.t further, that at the time
fixed for hearing objections to the confirmation of the
assessment roll, and at the time 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
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improvement herein ordered to be specially assessed, such
warrants to be -payable out of the "Local Improvement Fund,
District No. 165" hereinafter created, to bear interest from
the date thereof at a rate not to exceed 6 percent 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 in the estimated sum of $53,250.00 as
provided herein, shall be defrayed and the bonds shall be
redeemed by the collection of special assessments to be levied
and assessed upon the property within said district, payable
in ten equal annual installments, with interest at the rateiD
be hereafter fixed by ordinance not exceeding 6-.,percent per
annum under the mode of "payment by bonds." The bonds shall
bear the rateoof interest at no more than 6 percent 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. 165, a special fund to be known
and designated as "Local Improvement District No. 165" 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 funds shall be issued cash warrants for the
costs and expenses in connection with said improvement as the
1510
same may become due in the estimated sum of $53,250.00 as
provided herein, and against which funds shall be paid the
bonds and the interest thereon.
APPROVED:
MAYOR
Attest:
CITY CLERI�i
PASSED BY THE CITY COUNCIL: April 2`, 1968
FILED WITH THE CITY CLERK: April 2,, 1968
PUBLISHED: April 10, 1968
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