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HomeMy WebLinkAbout2497 OrdinanceCITY OF PASCO, WASHINGTON ORDINANCE NO. 2497 AN ORDINANCE ordering the improvement of certain streets in the area generally described as east of Third Avenue, all in accordance with Resolution No. 1625 of the City Council; establishing Local Improve- ment District No. 117 and ordering the carrying out of the proposed improvement; 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 improve- ment district warrants redeemable in cash or other short-term financing and local improvement district bonds. WHEREAS, by Resolution No. 1625 adopted March 19, 1984, the City Council declared its intention to order the improvement of certain streets in the area generally described as east of Third Avenue, and fixed April 16, 1984, at 8:00 p.m., local time, in the Council Chambers of the City Hall as the time and place 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, the City Engineer, caused an estimate to be made of the cost and expense of the proposed improvement and certi- fied that estimate to the City Council, together with all papers and information in his possession touching the proposed improve- ment, a description of the boundaries of the proposed Local Improvement District (the "District"), a statement of what portion of the cost and expense of the improvement should be borne by the property within the proposed District, 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 cost and expense thereof to be borne by each lot, tract and parcel of land or other property; and WHEREAS, due 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 objections to the proposed improvement were duly considered and overruled by the City Council, and all persons appearing at such hearing and wishing to be heard 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 the 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 (the "City"), orders the improvement of those city streets in the area generally described as east of Third Avenue and identified by markings on the map attached as Exhibit "A" hereto and specifically incorporated herein by this reference. The streets shall be improved in accordance with standards established by the City of Pasco, including all necessary excavation, grading, ballasting, asphalt concrete surfacing, curbs, gutters, drainage facilities, and all other work necessary in connection therewith and incidental thereto. 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 affect the purpose of the improvement. Section 2. There is created and established a local improvement district to be called Local Improvement District No 117 of the City of Pasco, Washington (the "District"), the boundaries or territorial extent of which District being more particularly described in Exhibit B attached hereto and by this reference incorporated herein. Section 3. The total estimated cost and expense of the improvement is declared to be $ 729,040 13 . Approximately $ 193,000 of the cost and expense shall be paid by the City and the balance of such cost and expense shall be borne by and assessed against the property specially benefited by such improvement included in the District embracing as nearly as practicable all property specially benefited by such improvement. 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 may be issued in payment of the cost and expense of the improvement herein ordered to be assessed, such warrants to be paid out of the "Local Improvement Fund, District No 117 ," 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 established hereafter by the City Finance Director, as issuing officer, 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." In the alternative, the City hereafter may provide by ordinance for the issuance of other short-term obligations pursuant to Chapter 216, Laws of 1982. The City is authorized to issue local improvement district bonds for the District which shall bear interest at a rate and to be payable on or before a date to be hereafter fixed by ordinance. The bonds shall be issued in exchange for and/or in redemption of any and all revenue warrants issued hereunder or other short-term obligations hereafter authorized and not redeemed in cash within twenty days after the expiration of the thirty-day period for the cash payment of assessments without interest on the assessment roll for the District. The bonds shall be redeemed by the collection of special assessments to be levied and assessed against the property within the District, payable in 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. The exact form, amount, date, interest rate and denominations of such bonds shall be hereafter fixed by ordinance of the City Council. Such bonds shall be sold in such manner as the City Council shall hereafter determine. Section 6. In all cases where the work necessary to be done in connection with the making of such improvement is carried out pursuant to contract upon competitive bids, the call for bids shall include a statement that payment for such work will be made in cash warrants drawn upon the "Local Improvement Fund." Section 7. There is created and established in the office of the City Treasurer for the District the Local Improvement Fund, 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 and collections pertaining to assessments, and against which fund shall be issued cash warrants to the contractor or contractors in payment for the work to be done by them in connection with the improvement, and APP 0 D AS TO FORM: 0562p IL! Attorney 110 against which fund cash warrants shall be issued in payment for all other items of expense in connection with the improvement. Section 8. Within fifteen (15) days of the passage of this ordinance there shall be filed with the City Treasurer the title of the improvement and District number, a copy of the diagram or print showing the boundaries of the District and the preliminary assessment roll or abstract of such roll showing thereon the lots, tracts and parcels of land that will be specially bene- fited thereby and the estimated cost and expense of such improvement to be borne by each lot, tract or parcel of land. The City Treasurer shall immediately post the proposed assess- ment roll upon his index of local improvement assessments against the properties affected by the local 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 23rd day of April, 1984 tifc' Ij to\ I 1111r--""""'"'"Ar • I s s• .4- Hi —J — •....% 6 0 il 00 , ejcl ‘0,:A \ --i,:t•-•0 r i %4: 01_06 \.*:--c__:. ...::tf.:1::: ..J. -c_r_.„ ,,...5.4 _..__ \,__,--",' ,...-- ----A -,-, t • a . , 7-- : "A "'"1 I • (77- ilt-it,, ..- _Ir-„ A -s si_ A-- --,ECEISC Y-6 8 4i, i 77 r ‘-'3" •" -010, tati 0 '•3?"' \ o il 60 --1" • , , , . s 152-1.- \e\. eV,.n'... 1)- ..>", "-... \ ZS-. , I. 4.................. e 0 ..,n.••••\ ' 11 -"-- ' ....•" ' . c e ...-• e __,---s i . - de "i ------ • 0 \ \---- / 2 I `\0 % \ n 1 t 0,- :,....::_c1;: i:---2-Irl:::-= :-:/---:-.4j ----' ' ,, %, I Tc........ __,..:,--- , c..\ s"-- Tro ---6=-: 47,71,PF:8-171 0... " 'T "•—••'''''''"7""° 4••• • -c _,- -- _ Li:•• s *4 in, $.4 // • 5tI*1 \\ , t _,...-:t,...-effr- -..___ ,,0016001-3,,,..; r......, I :_-__ .4s- 1.,‘,.......,. :05., ‘...)__. , .II! -^ ='• 0- ,- ..);:-.„3 --- _'c 4 , \------ , •..-.4,"..,-.1...o.i ...1,O -- ..._ f.`.-- . .,,-.--, \ -- --- -,V --- - -,-. - , 1 -e A. -" o G -1 ; , _.,._ -, \ ,. 1 - - ' t......% ,re::..*-., .-_ 4, ___. C<2.:,1 "1; -‘ - . %J. „. Y:"---- -) - , ..., S...., ' - .:.1.V ,:c .. S' --73 .1.- -if t :: __"-- ' L2:21:d , ___P__ -: EL] j r.--1 ,1 --- \ — \ , -- 0 T444 0 t; a --)°' STREETS INVOLVED 1 Court Street From 4th Avenue to 1st. Avenue 2 Margaret Street From 3rd Avenue to 1st Avenue 3 Nixon Street From 3rd Avenue to 1st Avenue 4. Sylvester Street From 3rd Avenue to Tacoma Avenue 5. Shoshone Street From 3rd Avenue to Tacoma Avenue 6. Bonneville Street From 3rd. Avenue to Tacoma Avenue 7. 2nd. Avenue From Clark Street to Sylvester Street 8. 2nd. Avenue From Nixon Street to Margaret Street 9. 1st Avenue From Clark Street to Court Street 10. Tacoma Avenue From Clark Street to Sylvester Street EXHIBIT "B" LEGAL DESCRIPTION L.I.D. 117 That portion of Section 29, Township 9 North, Range 30 EWM as follows: Blocks 4, 5, 6, 14, 15, 16, 24, 25, and 26 of the Northern Pacific Plat as recorded in Volume "II" page 32A records of Franklin County, Washington and; Blocks 1, 2, 3, 4, 5, 6, 7, 8, 9, 12, 13, 14, 15 and 16 of the Northern Pacific First Addition Plat as recorded in Volume "B" of Plats, page 60, records of Franklin County, Washington and; Beginning at a point in the northerly right-of-way line of Sylvester Street, and its intersection with the easterly right-of-way line of Third Avenue, said point being 40 feet northerly of the centerline of Sylvester Street and 40 feet easterly of the centerline of Third Avenue, thence north along the easterly right-of-way line of Third Avenue 380 feet, plus or minus to the southerly right-of-way line of Nixon Street. thence easterly along the south line of Nixon Street 876 feet, plus or minus to the westerly right-of-way line of First Avenue; thence southerly along the westerly right-of-way line of First Avenue 380 feet, plus or minus to the northerly line of Sylvester Street, thence westerly along the northerly right-of-way line of Sylvester Street to the point of beginning, also known as the old McLaughlin school site, and; A strip of land 120 feet in width lying easterly of the following de- scribed line. Beginning at a point of intersection of the east right- of-way line of Tacoma Avenue, with the north right-of-way line extended of Clark Street, thence north along the east right-of-way line 1,138.95 feet to a point and the end of this description. together with that part of the southwest quarter of Section 20, Township 9 North, Range 30 EWM described as follows: Beginning at the intersection of the north right-of-way line of Court Street and the east right-of-way line of Fourth Avenue, said point being 40 feet north of the centerline of Court Street and 40 feet east of the center- line of Fourth Avenue, thence north along the east right-of- way line of Fourth Avenue 120 feet to a point, thence east along a straight line 120 feet north of and parallel to the north right-of-way line of Court Street, 876 feet to a point, thence sough along a straight line 120 feet to a point on the north right-of-way line of Court Street, thence west along the north right-of-way line of CourtStreet 876 feet to point of beginning. 4 Y t .. .!...:.4„, ,044„ '1 , 7,. 01 . n ' ` :3 AT'Ad„ :: i n ., 0 ...!,4ekl'110.1/4., i..1 , s ‘ I I: n ..i"'..< .‘ : - ,I,t itt.,.. 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If Subscribed and sworn to before me this day of April 19 84 Notar‘ Public in and for the State of Washington residing at Pasco 7 FINANCE DEPARTMENT 5091 545-3401 Scan 726-3401 ew 5 ely yours, .401, tott,,d yn Wells City Clerk P. O. BOX 293 412 WEST CLARK PASCO, WASHINGTON 99301 April 24, 1984 Tri City Herald P.O. Box 2608 Pasco, Washington 99302 Gentlemen: Please publish the attached Ordinance No. 2497 on the following date April 27, 1984 Please send three (3) Affidavits of Publication.