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Ordinance 2312ORDINANCE NO. 2312 AN ORDINANCE APPROVING AND CONFIRMING THE FINAL ASSESSMENT AND ASSESSMENT ROLL OF LOCAL IMPROVEMENT DISTRICT NO. 208, WHICH HAS BEEN CREATED AND ESTABLISHED FOR THE PURPOSE OF PAYING THE COST OF ]IMPROVING CERTAIN PROPERTY ALL IN THE CITY OF EDMONDS, WASHINGTON, BY CONSTRUCTING STANDARD CURBS AND GUTTERS, BY PAVING THE STREET WITH ASPHALTIC TYPE CONCRETE, INSTALLING WATER LINES, MAINS AND FIRE HYDRANTS AND ALL NECESSARY APPURTENANCES, INCLUDING PIPE, VALVES, FITTINGS, MANHOLES SURFACE GRADINGS AND REPLACEMENT OF PAVEMENT WHERE NECESSARY AND RELATED WORK NECESSARY TO MAKE A COMPLETE IMPROVEMENT IN ACCORDANCE WITH CITY STANDARDS, PURSUANT TO RESOLUTION OF INTENTION NO. 257, AND AS PROVIDED BY ORDINANCE NO. 2166, 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 special assessment against the properties located in Local Improve- ment District No. 208, in the City of Edmonds, Washington, created under Ordinance No. 2166, was filed with the City Clerk of they 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 place of hearing thereon for the 20th day of July, 1982, at the hour of 7:30 p.m. in the Council chambers of the Civic Center of Edmonds, Washington, and further notice thereof was duly mailed by the City Clerk to each property owner on said roll, and WHEREAS, at the time and place fixed and designated in said notice, the hearing on said assessment roll was duly held and all written and oral protests received were duly considered and all persons appearing at said hearing were heard, now, therefore, THE CITY COUNCIL OF THE CITY OF' EDMONDS, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. The assessments and assessment roll of Local Improvement District No. 208, which has been created and established for the purpose of paying the cost of the improving certain property in the City of Edmonds by constructing standard curbs and gutters, by paving the street with asphaltic type concrete, installing water lines, mains and fire hydrants, all necessary appurtenances, including pipe, valves, fittings, manholes surface grading and replacement of pavement where necessary and related work necessary to make a complete improvement in accordance with City standards on the streets and avenues and along the routes set forth on Exhibit A attached hereto and by this reference incorporated herein as if set forth in full, all pursuant to Resolution of Intention No. 257, and as provided by Ordinance No. 2166, as the same now stands, and the same are hereby in all things and respects approved and confirmed. Section 2. Each of the lots, tracts, parcels of land, and other property shown on said roll is hereby deter- mined and declared to be specially benefited by said improve- ment in at least the .amount charged against the same and the assessment appearing on the same is in proportion to the several assessments 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 Finance Director of the City of Edmonds, Washington, for collection and said Finance Director is hereby authorized and directed to publish 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 thereof may be paid at any time within thirty (30) days from the date of the first publication of the City Treasurer's notice that the assessment roll has been placed in his hands for collection without penalty, interest or costs, and thereafter the sum remaining unpaid, if any, may be paid in equal annual installments of principal and interest with the interest on the whole unpaid sum of the rate of fourteen and one quarter percent (14 1/4%) per annum; provided, however, that if the net effective interest rate fixed on the local improvement bonds hereafter issued is less than thirteen and three quarters percent (13-3/4%) per annum or greater than fourteen and one quarter percent (].4 1/4%) per annum, the interest rate on the unpaid assessments shall be revised to a rate of one-half of one percent (1/2% of 1%) in excess of the net effective interest rate on such bonds. Any installment not paid prior to the annual anniversary of said thirty (30) day period shall be deemed delinquent. All delinquent :installments shall be subject to a charge for interest at the same rate as that set for an installment which is not delinquent and for an additional charge of 10% penalty levied upon the principal due upon such installment or installments. The collection of such delinquent installments will be enforced in the manner provided by law. Section 4. Severability. If any section, subsection, sentence, clause, phrase or portion of this ordinance is for any reason held invalid or unconstitutional by any court: of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portions hereof. Section 5. This ordinance shall be in full force and effect five (5) days after passage and publication by posting as provided by law. APPROVED: MAYOR, H. H. HARRISON ATTEST/AUTHENTICATED: -rnn inir ?Ae-1 IAT C Y ERK, �rPl �o� PYLl 11V1� APPROVED AS TO FORM: OFFICE OF THE CITY ATTORNEY: BY FILED WIT THE CITY CLERK: 7/16/82 PASSED BY THE CITY COUNCIL: 7/20/82 POSTED: 7/21/82 EFFECTIVE DATE: 7/26/82 EXHIBLT "A" City of Edmonds Proposed Street L.I,,D. Sprague. Street between 7th_Ave. N. and 8th Ave. N. 'BOUNDARY 'DESCRI'PTION Beginning at the $W corner of Lot 1, Tract 85, Plat of th.e City of Edmonds, thence eas:te.rly along th.e southerly boundary of Lots. 1 thru 20 of said Tract 85, thence continuing on the extension of said southerly boundary 60.0 ft to th.e easterly boundary of 8th Avenue N.; Thence northerly along the easterly boundary of 8th Avenue N. approximately 280 ft. to the intersection of the easterly boundary of 8th Avenue N. and the easterly extension of the northerly boundary -of Lot 21, Block 84 of said Plat of the City of Edmonds: Thence westerly along the easterly extension of the northern boundary of Lot 21 of said Block 84 and continuing westerly along the northerly boundari_esof Lot 21 thru Lot 40 of said Tract 84, to the NW corner of said Lot 40; Thence southerly approximately 280 ft. to the point of beginning. JEA:dld 9/25/80 AFFIDAVIT OF POSTING ORDINANCE STATE OF WASHINGTON ) ) ss: COUNTY OF SNOHOMISH ) JACQUELINE G. PARRETT , being first duly sworn on oath deposes and says that she is over the age of eighteen (18) years and is competent to testify as to the matter stated herein. There is no official newspaper or other newspaper printed and published within the City. In accordance with RCW 35A.12.160, on the 21 day of July , 1982, affiant posted true and correct copies of the attached Ordinance No. 2312 , passed by the City Council on the 20 _ day of Jul , 1982, at the official posting places for City notices which are the public bulletin boards at the following locations: Edmonds Civic Center 250 Fifth Avenue North Edmonds, Washington 98020 Edmonds Public Library Civic Center, 250 Fifth Avenue North Edmonds, Washington 98020 Edmonds Branch of United States Post Office 201 Main Street Edmonds, Washington 98020 DATED this _21 day of July 19 82 SUBSCRIBED AND SWORN to before me this �),\ day of 191� otary Public in and fo the State of Was 'ngton, residing at