Loading...
HomeMy WebLinkAbout3359 Ordinance ORDINANCE NO . 3359 AN ORDINANCE of the City of Pasco, Washington, relating to Utility Local Improvement District No. 134 , approving and confirming the assessments and assessment roll of Utility Local Improvement District No. 134 created for the purpose of carrying out a system or plan of additions to and betterments and extensions of the waterworks utility of the City specified , adopted and ordered to be carried out by Ordinance No. 3247 , as amended, and levying and assessing the cost and expense thereof against the several lots , tracts, parcels of land, and other property as shown on the assessment roll. WHEREAS, the assessment roll levying the special assessments against the property located in Utility Local Improvement District No. 134 in the City of Pasco, Washington (the "City") , has been filed with the City Clerk as provided by law; and WHEREAS , notice of the time and place of hearing thereon and making objections and protests to the roll was published at and for the time and in the manner provided by law fixing the time and place of hearing thereon for the 3rd day of May, 1999 , at the hour of 7 : 00 p . m. , local time , in the Council Chambers in the City Hall, 525 N . 3rd Avenue , Pasco , Washington , and further notice thereof was mailed by the City Clerk to each property owner shown on the roll, and i WHEREAS , at the time and place fixed and designated in the notice , the hearing was held , all written protests received were considered and all property owners who submitted such protests or their representatives appearing at the hearing who wished to be heard were heard , and the City Council, sitting and acting as a Board of Equalization for the purpose of considering the roll and the special benefits to be received by each lot, parcel, and tract of land shown upon such roll, including the increase and enhancement of the fair market value of each such parcel of land by reason of the improvement, overruled all such protests ; NOW, THEREFORE , THE CITY COUNCIL OF THE CITY OF PASCO , WASHINGTON , DO ORDAIN as follows : Section 1 . The assessments and assessment roll of Utility Local Improvement District No . 134 , which has been created and established to carry out the system or plan of additions to and betterments and extensions of the waterworks utility of the City specified , adopted and ordered to be carried out by Ordinance No . 3246 , as amended by Ordinance No . 3358 , as the same now stand be and the same are in all things and respects approved and confirmed in the total amount of $ 1 , 133 , 939 . 22 . Section 2 . Each of the lots , tracts , parcels of land , and other property shown upon the assessment roll is determined and declared to be specially benefited by this improvement in at least the amount charged against the same , and the assessment appearing against the same is in proportion to the several assessments appearing upon the roll . There is levied and assessed against each lot, tract, or parcel of land and other property appearing upon the roll the amount finally charged against the same thereon . Section 3 . The assessment roll as approved and confirmed shall be filed with the City Director of Finance /Budget for collection and the Director of Finance/ Budget is authorized and directed to publish notice as required by law stating that the roll is in his hands for collection and that payment of any assessment thereon or any portion of such assessment can be made at any time within thirty days from date of first publication of such notice without penalty, interest or cost, and that thereafter the sum remaining unpaid may be paid in fifteen equal annual installments of principal . The estimated interest rate is stated to be 6 . 0% per annum , with the exact interest rate to be fixed in the ordinance authorizing the issuance and sale of the water and sewer revenue bonds authorized to be issued by Ordinance No . 3247 , as amended . The first installment of assessments on the assessment roll shall become due and payable during the thirty-day period succeeding the date one year after the j date of first publication by the City Director of Finance/ Budget of notice that the assessment roll is in his hands for collection and annually thereafter each succeeding installment shall become due and payable in like manner. If the whole or any portion of the assessment remains unpaid after the first thirty-day period , interest upon the whole unpaid sum shall be charged at the rate as determined above , and each year thereafter one of the installments , together with interest due on the unpaid balance , shall be collected . Any installment not paid prior to expiration of the thirty-day period during which such installment is due and payable shall thereupon become delinquent. All delinquent installments shall be subject to a charge for interest at the rate as determined above and for an additional charge of 6% penalty levied upon both principal and interest due upon such installment or installments . The collection of such delinquent installments shall be enforced in the manner provided by law. i PASSED by the City Council and APPROVED by the Mayor of the City of Pasco , Washington, at a regular open public meeting thereof, this 3rd day of May, 1999 . Ai Charles D . Kilbury, Mayor ATTEST: Catherine D . Seaman, Deputy City Clerk APPROVED AS TO FORM: Leland B . Kerr, City Attorney i j i I