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HomeMy WebLinkAbout2224 OrdinanceCITY OF PASCO, WASHINGTON ORDINANCE NO. 2224 AN ORDINANCE of the City of Pasco, Washington, approving and confirming the assessments and assessment roll of Local Improvement District No. 111 for the improvement of Hopkins Street from Road 24 to Road 28 within the City 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 assess- ments against the property located in Local Improvement District No. 111 in the City of Pasco, Washington (the "City"), has been filed with the Clerk of the City as provided by law; and WHEREAS, notice of the time and place of hearing thereon and making objections and protests to the roll was duly published at and for the time and in the manner provided by law fixing the time and place of hearing thereon for the 5th day of January, 1981, at the hour of 8:00 p.m. local time in the Council Chambers in the City Hall, Pasco, Washington, and further notice thereof as duly mailed by the City Clerk to each property owner shown on the roll; and WHEREAS, at the time and place fixed and designated in the notice the hearing was duly held and no written protests were received and no one appeared at the hearing; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON, DO ORDAIN, as follows: Section 1. The assessments and assessment roll of Local Improvement District No. 111 which has been created and established for the purpose of improving Hopkins Street from Road 24 to Road 28 within the City, as provided by Ordinance No. 2183, as the same now stand be and the same are hereby in all things and respects approved and confirmed in the total amount of $ 58,825.63 • Section 2. Each of the lots, tracts, parcels of land and other property shown upon the assessment roll is hereby 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 assess- ments appearing upon the roll. There is hereby levied and assessed against each lot, tract or parcel of land and other property appear- ing 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 Director of Finance of the City for collec- tion and the Director of Finance is hereby 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 ten equal annual installments with interest thereon hereby fixed at the rate of 12% per annum, provided, however, that if the net effective interest rate fixed on the local improvement bonds hereafter issued for Local Improvement District No. 111 is other than 11-1/2% per annum, the interest rate on the unpaid assessments shall be revised to a rate of 1/2 of 1% in excess of the net effective interest rate on such bonds. The first install- ment of assessments on the assessment roll shall become due and payable during the thirty-day period succeeding the date one year after the date of first publication by the Director of Finance 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 "a _ 2 - assessment remains unpaid after the first thirty-day period, inter- est 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 col- lected. 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. Section 5. This ordinance shall take effect from and after its passage and five (5) days following its publication as required by law. PASSED by the City Council of the City of Pasco, Wash- ington, at a regular open public meeting thereof, this 5th day of January, 1981, and signed in authentication of its passage this day of January, 1981. ATTEST:. —(- City CdreL// APPROVED AS TO FORM: LAA.1,42 () City AttorneyAttorney 3 • I, EVELYN WELLS, City Clerk of the City of Pasco, Washing- ton, hereby certify that the attached copy of Ordinance No. is a true and correct copy of the original ordinance adopted by the City Council on the 5th day of January, 1981, as that ordinance appears on the Minute Book of the City. DATED this day of January, 1981. EVELYN WELLS, City Clerk of the City of Pasco, Washington January 6, 1981 Tri City qerald P.O. Rox 2608 Pasco, Washington 99302 Gentlemen: Please publish the attached legal documents on the following date. January 9, 1981 Please send two (2) Affidavits of Publication for each. Sincerely yours, Evelyn Wells City Clerk ell FINANCE DEPARTMENT 1509) 545-3401 Scan 726-3401 , P 0 BOX 293 412 WEST CLARK PASCO, WASHINGTON 99301 December 19, 1980 Tri City Herald P 0 Box 2608 Pasco, Washington 99302 Gentl emen Please publish the attached Ordinances on the following date December 26, 1980 Please send two (2) Affidavits of Publication ' Sincerely yours, Evelyn Wells ._ , City Clerk ew