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Ordinance 1467ORDINANCE NO. 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 PREPARATION AND RELATED WORK NECESSARY .TO MAKE A COMPLETE IMPROVEMENT IN ACCORDANCE WITH APPLICABLE CITY STANDARDS; CREATING AN ASSESSMENT DISTRICT BEING LOCAL IMPROVEMENT DISTRICT NO. 178; 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 $4.00 PER ZONE FRONT FOOT, THE BAL- ANCE TO BE PAID FROM MONEY AVAILABLE TO THE CITY OF EDMONDS; PROVIDING FOR THE ISSUANCE AND SALE OF LOCAL IMPROVEMENT DISTRICT WARRANTS AND LOCAL IMPROVEMENT DISTRICT BONDS; AND CREATING A LOCAL IMPROVEMENT FUND, DISTRICT NO. 178. WHEREAS, by Resolution of Intention No. 229 adopted on the 6th day of January, 1970, 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 Resol- ution of Intention No. 229 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 WHEREAS, the City Council has now determined it to be in the best interests of the. City that said improvement as hereinafter 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, 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 improve- ment in accordance with applicable city standards as follows: 76th Avenue West from 218th Street S.W. to 24.4th Street S.W.; and 224th Street S.W. from 76th Avenue West to High- way 99. The foregoing shall be carried out in accordance with the maps, plans and specifications therefor prepared by Reid, Middleton & Associates, Inc., 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 Improve- ment District No. 17811, which is described by Exhibit "A" a copy of which is attached hereto and by this reference incorporated herein as if set forth in full. 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 $4.00 per zone front foot and the balance to be paid from monies available to the City of Edmonds, including that granted from the Urban Arterial Fund of the State of Washington. Section 4. The estimated cost and expense of said improvement lying within the porposed district is hereby declared to be $64,822.00 of which the City of Edmonds will pay the estimated sum of $8, 926.00. The cost and -2 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 in the assessment district, advertising, mailing and publication of notices, accounting, administrative, printing, costs of acquisition, and other expenses in- cidental 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 $55,896.O0 representing $4.00 per zone front foot, PROVIDED, 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 improvement herein ordered to be specially assessed, such warrants to be payable out of the "Local Improvement Fund, District No. 178 hereinafter created, to bear interest from the date thereof at a rate not to exceed eight 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 $55,896.00 as. provided herein, shall be defrayed and the bonds shall be redeemed by the -3- collection of special assessment to be levied and assessed upon the property within said district, payable in ten equal annual installments, with interest at the rate to be hereafter fixed by ordinance not exceeding eight percent per annum under the mode of "payment by bonds". The bonds shall bear the rate of interest at no more than eight 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 and made by contract upon competitive bids and the City shall have and reserved the right to reject any and all bids. Section-7. There is hereby created and established for Local Improvement District No. 178, a special fund to be known and designated as "Local Improvement Fund, District No. 178" 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 same may become due in the estimated sum of $55,896.00 provided herein, and against which funds shall be paid the bonds and the interest thereon. APPROVED: ti MAYOR ATTEST: �s1 CITY CLERK PASSED BY THE CITY COUNCIL: February 17, 1970 FILED WITH THE CITY CLERK: February 17, 1970 PUBLISHED: February 25, 1970 =4- Exhibit "A" BOUNDARY DESCRIPTION L.I.D. No. 178 EDMONDS BEGINNING AT THE INTERSECTION OF THE WEST MARGIN OF 76TH AVENUE WEST AND THE SOUTH MARGIN OF 218TH STREET S.W. IN THE CITY OF EDMONDS, WASHINGTON, AND RUN THENCE EAST ALONG SAID SOUTH MARGIN TO INTERSECT A LINE PARALLEL TO AND 150 FEET EAST OF THE EAST MARGIN OF 76TH AVENUE WEST; THENCE SOUTH ALONG SAID PARALLEL LINE TO INTERSECT A LINE PARALLEL TO AND 150 FEET NORTH OF THE NORTH MARGIN OF 224TH STREET S.W.; THENCE EAST ALONG SAID PARALLEL LINE TO THE WESTERLY MARGIN OF STATE HIGHWAY SR-99; THENCE SOUTHWESTERLY ALONG SAID W STERLY MARGIN TO INTERSECT A LINE PARALLEL TO AND 150 FEET SOUTH OF THE SOUTH MARGIN OF 224TH STREET, S.W.; THENCE WEST ALONG SAID PARALLEL LINE TO INTERSECT A LINE PARALLEL TO AND 90 FEET EAST OF THE EAST MARGIN OF 76TH AVENUE WEST; THENCE SOUTH ALONG SAID PARALLEL LINE TO INTERSECT THE EASTERLY MARGIN OF STATE HIGHWAY SR-99; THENCE SOUTHWESTERLY ALONG SAID EASTERLY MARGIN TO INTERSECT THE NORTH LINE OF THE SOUTHWEST ONE QUARTER OF THE SOUTHWEST ONE QUARTER OF THE SOUTHWEST ONE QUARTER OF SECTION 29, TOWNSHIP 27 NORTH, RANGE 4 EAST W.M., THENCE EAST ALONG SAID NORTH LINE TO INTERSECT A LINE PARALLEL TO AND 150 FEET EAST OF THE EAST MARGIN OF 76TH AVENUE WESY; THENCE SOUTH ALONG SAID PARALLEL LINE TO THE SOUTH MARGIN AT 228TH STREET, S.W., THENCE W ST ALONG SAID SOUTH MARGIN TO THE NORTH -SOUTH CENTERLINE OF BLOCK 1, EVERGREEN ADDITION TO LAKE BALLINGER; THENCE SOUTH ALONG SAID CENTERLINE TO THE SOUTHERLY MARGIN OF 230TH STREET, S.W. THENCE SOUTHEASTERLY, IN A STRAIGHT LINE TO A POINT ON THE NORTH LINE OF LOT 2, BLOCK 4 OF LAKE BALLINGER LAND COBS PLAT SUBDIVISION No. 1, WHICH POINT IS,ON THE NORTH SOUTH CENTERLINE OF SAID BLOCK 4; THENCE SOUTHERLY ALONG SAID CENTERLINE TO THE NORTHERLY MARGIN OF 236TH STREET, S.W., ALSO CALLED LAKE BOULEVARD; THENCE SOUTHERLY TO A POINT ON THE SOUTHERLY MARGIN OF SAID 236TH STREET, S.W. WHICH POINT IS 90 FEET EAST, MEASURED AT RIGHT ANGLES' FROM THE EAST MARGIN OF 76TH AVENUE WFST; THENCE SOUTH PARALLEL TO SAID EAST MARGIN TO THE NORTH LINE OF LAKE BALLINGER HOMES DIVISION N0. 4; THENCE EAST ALONG SAID NORTH LINE TO A POINT IN A LINE PARALLEL TO AND 130 FEET EAST OF THE CENTERLINE OF 76TH AVENUE WEST; THENCE SOUTH ALONG SAID PARALLEL LINE TO THE. SOUTHERLY MARGIN OF MCALEER WAY; THENCE NORTHEASTERLY ALONG SAID SOUTHERLY MARGIN TO A POINT IN A LINE PARALLEL TO AND 180 FEET EAST OF SAID CENTERLINE OF 76TH AVENUE WEST; THENCE SOUTH ALONG SAID PARALLEL LINE TO A POINT IN A LINE PARALLEL TO AND 50 FEET NORTH OF THE SOUTH LINE OF LOT 13, BLOCK 6 OF LAKE BALLINGER; THENCE EAST ALONG SAID PARALLEL LINE TO INTERSECT A LINE PARALLEL TO AND 190 FEET EAST OF THE CENTERLINE OF 76TH AVENUE WEST; THENCE SOUTH ALONG SAID PARALLEL LINE TO A POINT WHICH IS 160 FEET- EAST AND 90 FEET NORTH OF THE SOUTHWEST CORNER OF LOT 15 SAID BLOCK 6; THENCE SOUTHERLY IN A STRAIGHT LINE TO A POINT WHICH IS 170 FEET EAST AND 10 FEET SOUTH OF THE NORTHWEST CORNER OF LOT 16 SAID BLOCK 6; THENCE SOUTH IN A STRAIGHT LINE TO A POINT WHICH IS 175 FEET EAST AND 50 FEET SOUTH OF THE NORTHWEST CORNER OF LOT 17 SAID BLOCK 6; THENCE SOUTH PARALLEL TO THE CENTERLINE OF 76TH AVENUE WEST TO INTERSECT THE CENTERLINE OF 244TH STREET, S.W.; THENCE WEST ALONG SAID CENTERLINE TO INTERSECT A LINE PARALLEL TO AND 190 FEET WEST OF THE CENTER LINE OF 76TH AVENUE WEST; THENCE NORTH ALONG SAID PARALLEL LINE TO THE NORTH MARGIN OF 242ND STREET, S.W. THENCE EAST ALONG SAID NORTH MARGIN TO INTERSECT A LINE PARALLEL TO AND 190 FEET WEST OF THE CENTERLINE OF 76TH AVENUE WEST; THENCE NORTH ALONG SAID PARALLEL LINE TO THE SOUTHERLY MARGIN OF 238TH STREET, S.W.; THENCE NORTHEASTERLY ALONG RAID SOUTHERLY MARGIN TO INTERSECT A LINE PARALLEL TO AND 120 FEET WEST OF THE CENTERLINE OF 76TH AVENUE WEST; THENCE NORTH ALONG SAID PARALLEL LINE TO THE NORTH LINE OF ROBERT E. THOMAS ADDITION NO. 10; THENCE WEST ALONG SAID NORTH LINE TO INTERSECT A LINE PARALLEL TO AND 180 FEET WEST OF THE CENTERLINE OF 76TH AVENUE WEST; THENCE NORTH ALONG SAID PARALLEL LINE TO THE SOUTH MARGIN OF 228TH STREET, S.W., THENCE NORTHERLY TO A POINT ON THE NORTH LINE OF SECTION 31, TOWNSHIP17 NORTH, RANGE 4 EAST, W.M. WHICH POINT IS MIDWAY BETWEEN THE WEST MARGIN OF 76TH AVENUE WEST AND THE EASTERLY MARGIN OF STATE HIGHWAY SR-99; THENCE NORTHEASTERLY IN A STRAIGHT LINE TO A POINT IN A LINE DRAWN PARALLEL TO AND 90 FEET WEST OF THE WEST MARGIN OF 76TH AVENUE WEST, WHICH POINT ALSO LIES 90 FEET EASTERLY, MEASURED AT RIGHT ANGLES FROM THE EASTERLY MARGIN OF STATE HIGHWAY SR-99; THENCE NORTH ALONG SAID PARALLEL LINE TO A POINT IN THE EASTERLY MARGIN OF STATE HIGHWAY SR-99; THENCE NORTHERLY, IN A STRAIGHT LINE, TO THE POINT OF INTERSECTION OF THE WESTERLY MARGIN OF STATE HIGHWAY SR-99 WITH THE WEST MARGIN OF 76TH AVENUE WEST; THENCE WEST PARALLEL TO THE NORTH LINE OF THE SOUTHEAST ONE QUARTER OF THE SOUTHEAST ONE QUARTER OF THE SOUTHEAST ONE QUARTER OF SECTION 30, TOWNSHIP 27 NORTH,,ZANGE 4 EAST, W.M., TO INTERSECT A LINE PARALLEL TO AND 180 FEET WEST OF THE CENTER LINE OF 76TH AVENUE WEST; THENCE NORTH ALONG. SAID PARALLEL LINE TO THE SOUTH LINE OF BLOCK 1 PLAT OF CHAPEL DALE; THENCE EAST ALONG SAID SOUTH LINE TO THE WEST MARGIN OF 76TH AVENUE WEST THENCE NORTH ALONG SAID WEST MARGIN TO THE POINT OF BEGINNING.