HomeMy WebLinkAbout2282 Approval of Final Assessment Roll for LID #1 and Levying and Assessing ProperitesORDINANCE NO. ~~
AN ORDINANCE of the City of Port Townsend,
Washington, approving and confirming the final
assessment roll for Local Improvement District
No. 1, which has been created and established
for the purpose of paying the cost of certain
sanitary sewer improvements in the City of
Port Townsend; and levying and assessing the
amount thereof against the lots, tracts,
parcels of land and other property shown on
said roll.
WHEREAS, an assessment roll levying special assessments
against the properties located in Local Improvement District No.
1 ("LID 1"), in the City of Port Townsend, Washington, created
under Ordinance No. ~O~7, was filed with the City Clerk of the City
of Port Townsend as provided by law; and
WHEREAS, notice of the time and place of a hearing on and of
making objections to the assessment 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 21st day of January, 1992, at the
hour of 7:30 p.m. in the Council chambers of the City Hall, Port
Townsend, Washington, and further notice thereof was duly mailed
by the City Clerk to each property owner on said roll; and
WHEREAS, at the time and place fixed and designated in said
notice, the hearing on said assessment roll was duly held and the
Council, sitting as a board of equalization, gave due consideration
to all written and oral protests received and all persons appearing
at said hearing;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND,
WASHINGTON, DO ORDAIN AS FOLLOWS:
S~ction 1. The Council, sitting as a board of equalization
and having made all revisions to the roll it deems necessary,
hereby finds and determines that the final assessment roll for LID
1 is just and equitable and that no assessment against property
within LID 1 is greater than the special benefits to be derived
from the improvements. Accordingly, the final assessment roll, in
the total amount of $ ~t6! ~3~0 ~ , is hereby approved and
confirmed, and the assessments set forth therein are hereby levied
against each lot, tract and parcel of property described in the
roll.
Section 2. The Clerk of the City is hereby directed to place
in the hands of the Treasurer of the City for collection the final
assessment roll for LID 1. Upon such placement, the amount of each
assessment set forth in the roll, together with any interest or
penalty imposed from time to time, shall become a lien against the
property so assessed. The lien shall be paramount and superior to
any other lien or encumbrance whatsoever, theretofore or thereafter
created, except a lien for general taxes.
Section 3. Upon receipt of the final assessment roll for LID
1, the Treasurer of the City is hereby directed to publish notice
at the times and in the manner required by RCW 35.49.010, stating
that the roll is in his hands for collection and that such
assessments or any portion thereof may be paid to the City at any
time within 30 days from the date of the first publication of such
notice, without penalty, interest or costs.
Section 4. The amount of any assessment, or any portion
thereof, against property in LID 1 not paid within the 30 day
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period~rom the date of the first publication of the Treasurer's
notice shall be payable in ten equal annual installments, together
with interest on the diminishing principal balance thereof at a
rate of 1/2% per annum higher than the interest rate of the bonds
sold in LID 1. Interest shall commence on the 30th day following
first publication of such notice. The first installment shall
become due and payable one year from the expiration of the 30 day
prepayment period. Annual installments, including interest and any
penalty, shall be paid in full when due, and no partial payments
shall be accepted by the Treasurer of the City.
Section 5. Any installment not paid when due shall thereupon
become delinquent. All delinquent installments shall be subject
to a penalty equal to 12% per annum of the amount of the
installment, including interest, from the date of the delinquency
until paid.
Section 6. The lien of any assessment may be discharged at
any time after the 30 day prepayment period by payment of the
entire principal amount of the assessment remaining unpaid together
with interest thereon to the due date of the next installment.
Section 7. If any one or more of the provisions of this
ordinance shall be declared by a court of competent jurisdiction
to be contrary to law, then such provision shall be null and void
and shall be deemed severable from the remaining provisions of this
ordinance and shall in no way affect the validity of the other
provisions of this ordinance.
Section 8. This ordinance shall be in full force and effect
five days after its passage and publication as provided by law.
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PASSED by the Council of the City of Port Townsend, Washington
at its regular meeting on the 21$~ day of ~U~ , 1992.
ATTES~
City Clerk
CI~ PO~TOWNSEND, WASHINGTON
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