HomeMy WebLinkAbout1905 Resolutionz rEST:
v'LYN WELLS, City Clerk
VED AS TO FO
RUBSTELLO, City Attorney
RESOLUTION NO. /9e/..5-
A RESOLUTION providing for the method of payment of
assessments on the assessment roll for the East Lewis
curb and gutter project affirmed by Ordinance No.
and providing for interest on unpaid installments and
fixing the rate thereof; and further providing for a
means of financing until the assessments are paid in
full.
WHEREAS, The City Council by Ordinance No. 017.576 has
affirmed the assessment roll for the East Lewis curb, gutter and
sidewalk project authorized by Resolution No. 1867, and a method
of payment of the assessments must be specified; NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON, DO
RESOLVE AS FOLLOWS:
Section 1. The assessment roll as approved and confirmed
by Ordinance No. 475-6 for the construction of curb and gutter on
East Lewis Street authorized by Resolution No. 1867, shall be
filed with the City Finance Director for collection and the City
Finance Director is authorized and directed to publish and mail
notice 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 the
date of first publication without penalty, interest or costs, and
that thereafter the 'sum remaining paid may be paid in ten (10)
equal annual installments together with an administrative charge
of fifty dollars ($50.00). The interest rate on the unpaid
balance is stated to be eight percent (8%) per annum. 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 date of first publication by the City Finance
Director 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
the expiration of the thirty-day period during which such
installment is due and payable shall thereupon become delinquent.
The collection of such delinquent installments shall be enforced
by a foreclosure action in the same manner and with the same
effect as is provided by Chapters 35.43 to 35.54 RCW, inclusive;
as now or hereafter amended, whenever any payment on any
assessment is delinquent and unpaid for a period of thirty (30)
days or more.
,Section 2. Financing for the costs of the improvements
until the assessments are paid may be provided by a loan of up to
$20,000.00 from the City General Fund, with interest at eight
percent (8%) per annum to the East Lewis Curb and Gutter
Construction Fund.
PASSED by the City Council and APPROVED by the Mayor this
18th day of December, 1989.
ED LER, Mayor
-1-