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HomeMy WebLinkAbout1727 OrdinanceC_ CITY OF PASCO, WASHINGTON ORDINANCE NO. ' .1727 AN ORDINANCE ordering,the construction and installation of a sixteen (.16) inch water main extension, together with appurtenances along the east -west center of section line, Section 20, Township 9 North, Range 30 East W.M., from the end of the existing twelve (12) inch main in the City cemetery east to intersection with the center line of Wyoming Avenue, all within the City of Pasco, said extension to be constructed to City standards.by furnishing all equipment, material, labor and incidentals to accomplish a completed project, all in accordance with Resolution No. 994 of the City Council; providing the method of assessment in the District; providing that payment for the improvement be made in part by special assessments upon the property in the District, payable by the mode of "payment by bonds"; and providing for the issuance and sale of local improvement district warrants redeemable in cash and local improvement district bonds. WHEREAS, by Resolution No. 994, adopted July 1, 1975, the City Council declared its intention to order the construction and installation of a sixteen (16) inch water main extension, together with appurtenances along the east -west center of section line, Section 20, Township 9 North, Range 30 East W.M., from the end of the existing twelve C12) inch main in the City cemetery east to intersection with the center line of Wyoming Avenue, all within the City, said extension to be constructed to City standards by furnishing all equipment, material, labor and incidentals to accomplish a completed project, and fixed August 5, 1975, at 8:00 P.M. (PDT) in the Council Chambers of the City Hall as the time and plane for hearing all matters relating to the proposed improvement and all objections thereto and for determining the method of payment for the improvement; and WHEREAS, James S. Ajax, the City Engineer of the City of Pasco, caused an estimate to be made of the cost and expense of the proposed improvement and certified that estimate to the City Council, together with all papers and information in his possession Is touching the proposed improvement, a description of the boundaries of the District, a statement of what portion of the cost and expense of the improvement should be borne by the property within the proposed improvement, a statement in detail of the local improvement assessments outstanding or unpaid against the property in the proposed District, and a statement of the aggregate actual valuation of the real estate, including 25% of the actual valuation of the improvements in the proposed District, according to the valuation last placed upon it for the purpose of general taxation; and WHEREAS, that estimate is accompanied.by a diagram of the proposed improvement showing thereon the lots, tracts, parcels of land, and other property which will be specially benefited by the proposed improvement, and the estimated amount of the cost and expense thereof to be borne by each lot, tract, and parcel of land or other property; and WHEREAS, the notice of the above hearing was given in the manner provided by law, and the hearing was held by the City Council on the date and at the time above mentioned, and all written protests filed with the City Council on or before said date were duly considered and overruled and all persons appearing at said hearing were heard; and WHEREAS, the City Council has determined it to be in the best interests of the City that the 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 PASCO, WASHINGTON, DO ORDAIN, as follows: Section 1. The City Council of the City of Pasco, Washington, hereby orders water line construction consisting of furnishing and installing pipe and doing all incidental work to complete the installation of water line and appurtenances in the City of Pasco, Washington, to -wit: IWM from the end of the existing twelve (12) inch main in the City Cemetery east to intersection with the centerline of Wyoming Avenue, all within the City. All of the foregoing shall be in accordance with the plans and specifications therefor prepared by the City Engineer, and may be modified by the City Council as long as such modification does not affectQthe purpose of the improvement. Section 2. There is hereby created and established a local improvement district to be called Local Improvement District No." "93 of the City of Pasco, Washington, which district is described as follows: Beginning at the Northwest corner of Frey's Addition as recorded in the book of Plats Page 16, Volume "B," Franklin County: thence South along the Westerly line of Frey's Addition to the point intersection with the centerline of McCartney Street; thence Northeasterly, along the centerline of McCarthey Street to the point of intersection with the centerline of California Avenue; thence Southeasterly along the centerline of California Avenue to the point of intersection with the West right-of-way line of Oregon Avenue; thence Northeasterly along a straight line to the point of intersection of the East right-of-way line of Oregon Avenue with the centerline of Montana Avenue; thence Southeasterly along the centerline of Montana Avenue to the point of intersection with the centerline of Cincinnati Street; thence Northeasterly along the centerline of Cincinnati Street to the point of intersection with the centerline of Colorado Avenue; thence Southeasterly along the centerline of Colorado Avenue to the point of intersection with the South line of Lot 6, Block 53, projected Westerly; thence Northeasterly along said South line projected of Lot 6, South line of Lot 19, Utah Avenue, South line of Lot 6, Block 54, South line of Lot 19, Block 54 and South line of Lot 19, Block 54 projected Easterly to point of intersection with the centerline of Nevada Avenue; thence South- easterly along the centerline of. Nevada Avenue to its intersection with the centerline of Trinidad Street; thence Northeasterly along the centerline of Trinidad Street to its intersection with the centerline of Wyoming Avenue; thence Northwesterly along the centerline of Wyoming Avenue to its point of intersection with the East-West center of Section Line of Section 20; thence Northerly to a point, said point being 340' from when measured perpendicularly the aforesaid East-West intersection of centerline of Wyoming Avenue and East-West center of Section; thence Westerly along a line parallel to and 340' from the East-West centerline of Section 20 to the point of intersection with the North-South centerline of Section 20; thence -3 Southerly along the North-South center of Section line of said Section to the center of Section 20, said point also being the Northwest corner of Frey's Addition and the true point of beginning. Section 3. The total estimated cost and expense of the improvement is hereby declared to be $60,000.00, of which it is estimated that not to exceed $30,000.00 of such estimated cost and expense shall be borne by and assessed against the property specially benefited by such improvement included in the local improvement district herein established embracing as near as may be all property specially benefited by such improvement. The balance of the cost and expense of such improvement shall be paid from other funds available to the City therefor. Section 4. In accordance with the provisions of RCW 35.44.047, the City may use any method or combination of methods to compute assessments which may be deemed to fairly reflect the special benefits to the properties being assessed. Section 5. Local improvement district warrants shall be issued in payment of the cost and expense of the improvement herein ordered to be assessed, such warrants to be payable out of the "Local Improvement Fund, District No. 93, ," hereinafter created and referred to as the "Local Improvement Fund," and, until the bonds referred to in this section are issued and delivered to the purchaser thereof, to bear interest from the date thereof at a rate to be hereafter fixed by ordinance and to be redeemed in cash, and/or by local improvement district bonds, herein authorized to be issued, such interest-bearing warrants to be hereafter referred to as "revenue warrants." The City is authorized to issue local improvement district bonds for the District which shall bear interest at a rate to be hereafter fixed by ordinance, shall be payable on or before twelve years from the date of issuance, the life of the improvement ordered being not less than the term of the bonds, and shall be issued in exchange for and in redemption of any and all revenue warrants issued hereunder and -4- not redeemed in cash within a period of not to exceed sixty days after the first publication by the City Treasurer of notice that the assessment roll for Local Improvement District No.93 is in his hands for collection. The bonds shall be redeemed by the collection of special assessments to be levied and assessed against the property within the District, payable in ten equal annual installments, with interest at a rate to be hereafter fixed by ordinance under the mode of "payment by bonds," as defined by law and the ordinances of the City of Pasco, Washington. In the case of default in the payment of any assessment when the same shall become due, there shall be added interest at a rate to be hereafter fixed by ordinance and a penalty of 6% which shall also be collected. The exact form, amount, date, interest rate and denominations of said warrants and bonds shall be hereafter fixed by ordinance of the City Council. Said warrants and bonds shall be sold in such manner as the City Council shall hereafter determine. Section 6. All the work necessary to be done in connection with the making of such 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. The call for bids for work authorized pursuant to this ordinance shall include a statement that payment for such work will be made in cash warrants drawn upon the "Local Improvement Fund, District No.' 93. " Sectiori 7. There is hereby created and established in the office of the City Treasurer of the City of Pasco for Local Improvement District No. 93 a special fund to be known and designated as "Local Improvement Fund, District No.93- ," into which fund shall be.deposited the proceeds from the sale of revenue warrants drawn against the fund which may be issued and sold by the City, other moneys available to the City therefor and allocated to said improvement, and collections pertaining to assessments, and against which fund shall be issued cash warrants to the -5- contractor or contractors in payment for the work to be done by them in connection with the improvement, and against which fund cash warrants shall be issued in payment for all other items of expense in connection with the improvement. PASSED by the City Council and APPROVED by the Mayor of the City of Pasco, Washington, at a regular open public meeting thereof, this 5th day of August, 1975. ATTEST: Director of Finance and e officio City Clerk APPROVED AS TO FORM: C/I A A AP -- I �- a_r�j --e;112ty Attorney :