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HomeMy WebLinkAboutO-0818 - Local improvements, special assessments and bonds (3.60)•I J ORDINANCE NO ~ AN ORDINANCE OF THE CITY OF MARYSVILLE RELATING TO LOCAU IMPROVEMENTS AND SPECIAL ASSESSMENTS,PROVIDING THE MANNER OF MAKING SUCH ASSESSMENTS AND PROVIDING FOR THE ISSUANCE OF LOCAL IMPROVEMENT BONDS THE CITY COUNCIL of the C1ty of Marysv1lle,Wash1ngton, DO ORDAIN AS FOLLOWS Sect10n I Whenever the C1ty Counc11 of the C1ty of Marysv1lle shall prov1de for mak1ng local 1mprovements and for paY1ng the whole or any port1on of the cost and expense thereof by levy1ng and collectlng spec1al assessments on property espec1ally benef1ted,the proceed1ngs therefor shall be 1n accordance w1th the prov1s1ons of an Act of the leg1slature of the State of Washlngton ent1tled,"An Act Relat1ng to Local Improvements 1n C1t1es and Towns and Repeal1ng Certa1n Acts and Parts of Acts,"approved March 17, 1911,and Acts amendatory thereof (be1ng Chapters 35 43,35 44,35 45, 35 49,35 50 and 35 53,RCW),and the prov1s1ons of th1S Ord1nance and ord1nances amendatory thereof. Sect10n 2 Any such 1mprovement may be 1n1t1ated e1ther upon pet1tion or by resolut1on therefor,but such 1mprovement may be ordered only by ord1nance In case the 1mprovement 1S 1n1t1ated by pet1t10n,such pet1t1on shall be presented to and f1led w~th the C1ty Clerk,or such other off1cer as may be designated by the C1ty Counc11,and sa1d pet1t10ners shall have agreed to bear all costs and expenses 1ncurred by the C1ty (1nclud1ng but not 11m1ted to eng1neer1ng costs, attorneys'fees,and costs of publ1cat1Qn and ma111ng of not1ces) 1n the event sa1d d1str1ct 1S not formed for any reason Such pet1t1on shall flrst be presented to the Counc11, wh1ch may order the C1ty Adm1n1strator or other C1ty off1c1a1 to exam1ne such pet1t1on,determ1ne the suff1clency thereof and ascerta1n 1f the facts there1n stated are true and shall cause an est1mate of the cost and expense of such 1mprovement to be made and shall trans- m1t the same to the C1ty counc1l,together w1th,al1 papers and 1n- format1on 1n h1S possess1on regard1ng the same,together w1th hlS recommendat1on thereon and a descr1pt1on of the boundar1es of the d1str1ct and a statement of the proport1onate amount of the cost and expense of such 1mprovement Wh1Ch shall be borne by property w1th1n the proposed assessment d1str1ct,and a statement of the actual va1uat1on of the real estate,~nc1ud1ng 25 per cent of the actual va1uat1on of the 1mprovements 1n such proposed d1strlct !J I, accord1ng to the valuat10n last placed upon 1t for purposes of general taxat10n,together w1th all other outstand1ng and unpa1d local 1mp~ovement assessments aga1nst the property 1ncluded 1n the d1str1ct,exclud1ng penalt1es and 1nterest,and 1n case the sa1d pet1t1on 1S suff1c1ent,shall also subm1t a d1agram show1ng thereon the lots,tracts or parcels of land and other property wh1ch w1ll be espec1ally benef1ted thereby and the est1mated amount of the cost and expense of such 1mprovement to be borne by each lot,tract or parcel of property,PROVIDED,that no such d1agram shall be requ1red where such est1mates are on f1le 1n the off1ce of the C1ty Eng1neer or other des1gnated C1ty off1ce,together w1th a deta1led copy of the pre11m1nary assessment roll and the plans and assessment maps of the proposed 1mpTovement. If the prel1m1nary des1re of the C1ty Counc11 1S to accept the sa1d pet1t10n,the Counc1l shall set a hear1ng by Resolut10n sett1ng the date,declar1ng 1tS 1ntent10n to accept the pet1tion and to order such 1mprovement,sett1ng forth the nature and terr1tor1al extent thereof,not1fy1ng all persons who may des1re to obJect thereto to appear and present such obJect1ons at a meet1ng of the counc11 at the t1me spec1f1ed 1n such Resolut10n,and further not1fy1ng all persons who are espec1ally benef1ted of the prel1m1nary assessments as here1nafter prov1ded.Th1s Resolut1on shall be pub11shed 1n at least two consecut1ve 1ssues of the off1c1al newspaper of the C1ty, or 1f there 1S no off1c1al newspaper,a newspaper of general c1Icula- t10n w1th1n the C1ty,and the date of hear1ng thereon shall be at least IS days after the date of f1rst pub11cat1on of the Resolut10n The C1ty Adm1n1strator or such other off1cer shall subm1t to the C1ty Counc1l at or pr10r to the date f1xed for such hear1ng all the necessary relevant 1nformat1on Not1ce of the hear1ng upon sa1d resolut1on shall be g1ven by ma1l at least 15 days pr10r to the date f1xed for the hear1ng to the owners or reputed owners of all lots,tracts and parcels of land or other property to be espec1ally benef1ted by the proposed 1mprove- ment,as shown on the rolls of the county treasurer,d1rected to the addresses thereon shown.The not1ce shall set forth the nature of the proposed 1mprovement,the est1mated cost,and the est1mated benef1t to the part1cular lot,tract or parcel. The C1ty Counc1l may 1n1t1ate such 1mprovement d1rectly by resolut10n declar1ng 1tS 1ntent1on to order such 1mprovement and sett1ng forth the nature and terr1tor1al extent thereof and not1fy- 1ng all persons who may des1re to obJect thereto to appear and present such obJect10ns at a meet1ng of the C1ty Counc11,or a com- m1ttee thereof,at the t1me spec1f1ed 1n such resolut1on.Such resolut1on shall be publ1shed 1n at least two consecut1ve 1ssues of the off1c1al newspaper of the C1ty,or,1f there 1S no off1c1al newspaper,1n a newspaper of general c1rculat1on w1th1n the C1ty, and the date of hear1ng thereon shall be at least IS days after the date of the1f~rst pub11cat10n of the resolut1on.The C1ty Adm1n1s- trator shall subm1t to the C1ty Counc1l,at or pr10r to the date "I f1xed for such hear1ng,the same data and 1nformat1on requ1red to be subm1tted 1n the case of a pet1t10n Not1ce of the hear1ng upon such Resolut10n shall be g1ven by ma1l at least 15 days before the day f1xed for hear1ng to the owners or reputed owners of all lots,tracts,and parcels of land or other property to be spec1ally benef1ted by the proposed 1mprove- ment,as shown on the rolls of the county treasurer,d1rected to the address thereon shown The not1ce shall set forth the nature of the proposed 1mprovement,the est~mated costs,and the est1mated benef1ts of the part1cular lot,tract,or parcel After a hear1ng on the Pet1t10n,the C1ty Counc1l may,by ord1nance,author1ze the mak1ng of any such 1mprovement,and 1n case of an 1mprovement 1n1t1ated by resolut1on of the C1ty Counc1l,such ord1nance may be passed on at any time after the date of the hear1ng spec1f1ed 1n the resolut1on Sect10n 3 Every ord1nance order1ng a local 1mprovement to be pa1d in whole or 1n part by assessments aga1nst the property spec1ally benef1ted shall establ1sh a local 1mprovement d1str1ct to be known as "Local Improvement D1s t r i c t No ,"whi ch shall embrace as nearly as pract1cable all the property spec1ally benef1ted by the 1mprovement Unless otherw1se prov1ded 1n the ord1nance order1ng the 1mprovement,the 1mprovement d1str1ct shall 1nclude all the property between the term1n1 of the 1mprovement abutt1ng upon,adJacent, v1c1nal,or prox1mate to the street,avenue,lane,alley,boulevard, park dr1ve,parkway,publ1c place or square proposed to be 1mproved to a d1stance of 90 feet back from the marg1nal l1nes thereof or to the center 11ne of the blocks fac1ng or abutt1ng thereon,wh1chever 1S greater (1n the case of unplatted property,the d1~tance back shall be the same as 1n the platted property 1mmed1ately adJacent thereto),PROVIDED,that 1f the local 1mprovement 1S suth that the spec1al benef1ts result1ng therefrom extend beyond the boundar1es as above set forth,the Counc11 may create an enlarged d1str1ct to 1nclude as nearly as pract1cable all the property to be spec1ally benef1ted by the 1mprovement,the pet1t1on or resolut1on for an enlarged d1str1ct and all proceed1ngs pursuant thereto shall conform as nearly as 15 pract1cable to the prov1s1ons relat1ng to local 1mprovement d1str1cts generally,except that the pet1t1on or resolu- t10n must descr1be 1t as an enlarged d1str1ct and state what propor- t10n of the amount to be charged to the property spec1ally benef1ted shall be charged to the property ly1ng between the term1n1 of the proposed 1mprovement and extend1ng back from the marg1nal l1nes thereof,to the m1ddle of the block (or 90 feet back)on each s1de thereof,and what proport1on thereof to the rema1nder of the enlarged d1str1ct,PROVIDED FURTHER,that whenever the nature of the 1mprove- ment 15 such that the spec1al benef1ts conferred on the property are not fa1rly reflected by the use of the aforesa1d term1n1 and zone method,the ord1nance order1ng the 1mprovement may prov1de that the assessment shall be made aga1nst the property of the d1str1ct 1n accordance w1th the spec1al benef1ts 1t w111 der1ve from the 1mprove- ment w1thout regard to the zone and termlnl method. Sectlon 4 All local lmprovements,funds for the maklng of Wh1Ch are derlved In whole or 1n part from assessments upon property speclally beneflted,shall be made elther by the C1ty ltself,or by contract upon competltlve blds In the manner provlded by law The City Councll shall determlne whether such local 1mprove- ment shall be done by contract or the Clty itself. Sectlon 5 In the event the costs recelved from the com- petltlve bid or from the estlmate of the Clty 1S 20%or greater of the total aggregate of the prellm1nary assessment roll,then the Councll shall hold another hearlng as hereinafter prov1ded prlor to lettlng of the contract or authorlzlng the work The Councll shall glve 10-day notlce to the owners or reputed owners prevl0usly notlfled as above prov1ded Sald notlce shall be by mall speclfYlng the date of the hearlng and notlfylng all persons deslrous of obJectlng thereto to appear and present such Ob]ect1ons at a meetlng of the Clty Councll at a speclfled tlme,and further,such notlce shall set forth the new est1mated costs and the estlmated beneflts to the part1cular lot, tract or parcel,and shall state that the purposes of the hearlng are (1)whether to contlnue wlth the local lmprove~ent dlstrlct or abandon and dlssolve the same,and (2)lf so,the amendment of the prellmlnary assessment roll.Also,sald notlce shall provlde that all Ob]ectlons thereto shall be In wr1t1ng and flIed wlth the C1ty Clerk prlor to the hearlng,or w1th the Councl1 at the tlme of the hearlng,show1ng the percentage of llneal footage upon the lmprovement and the area wlthln the proposed dlstrlct Also,a not1ce shall be publ1shed 1n the off1c1al newspaper of the C1ty of,1f there lS no offlclal newspaper,In a newspaper of general clrculatlon wlthln the Clty,WhlCh not1ce shall state that the blds and/or est1mates for the local 1mprovement dlstr1ct,nam1ng the d1strlct,are 20%or greater than the aggregate of the or1glnal prellmlnary assessment,that a hero1ng wlll be held at a speclf1ed tlme for the purposes of (1)determlnlng whether to contlnue wlth the local lmprovement or abandon and dlssolve the same,and (2)lf contlnued, the amendment of the prellmlnary assessment roll,notlfylng all persons who may deslre to obJect thereto to appear and present such Ob]ectlons at a meetlng of the council at the tlme speclfled,and the Ob]ectlons thereto shall be made In wrltlng speclfylng the percentage of 11neal footage upon the lmprovement and of the area wlthln the lmprovement If SlXty per cent or more of the 11neal footage upon the lmprovement of the armwlthln the proposed dlstrlct are agalnst the contlnuatlon of the lmprovement,the Councll shall dlssolve the lmprove- ment dlstrlct and not authorlze the lmprovement. Any amendment to the prellm1nary assessment roll shall be by resolutlon or such other form as deslred by the Councl1 Sectlon 6 The cost and expense of any such lmprovement, or such portion thereof as the C1ty Counc11 may determlne to be assessed,shall be dlstrlbuted and assessed agalnst all the property lncluded In such local lmprovement dlstrlct,In accordance w1th the ,, " the speclal beneflts conferred thereon,and in the manner provlded by law Sectlon 7 The Clty Councll may provlde by ordinance for the payment of the whole or any portlon of the cost and expense of any local lmprovement by bonds of the improvement distrlct,but no bonds shall be issued in excess of the cost and expense of the lmprovement,nor shall they be lssued prlor to twenty days after the thlrty days allowed for the payment of assessments wlthout penalty or lnterest. Sectlon 8 Local lmprovement 'bonds may be lssued to the contractor or sold by the offlcers authorlzed by the ordlnance dlrectlng thelr lssue to do so,ln the manner prescrlbed thereln, and at no less than par and accrued lnterest Any portlon of the bonds of any lssue remalnlng unsold may be -lssued to the contractor constructlng the lmprovement ln payment thereof The proceeds of all sales of bonds shall be applled ln payment of the cost and expense of the lmprovement Sectlon 9 The Clty Councl1 may provlde ~y ordlnance for the lssuance of warrants ln payment of the cos~.and expense of any local lmprovement dlstrlct fund The warrants shall bear lnterest at the rate of not to exceed eight per cent pe annum and shall be reduced elther ln cash or by local improvement bonds for the same lmprovement authorlzed by ordlnance All warrants agalnst any local lmprovement fund sold by the Clty or lssued to a contractor and by hlm sold or hypothecated for a valuable conslderatl0n shall be clalms and 11ens agalnst the lmprovement fund agalnst WhlCh they are drawn prlor and superl0r to any rlght,11en,or clalm of any surety upon the'bond or bonds glven the Clty by or for the contractor to secure the performance of hiS contract or to secure the payment of persons who have performed work thereon,furnlshed materlals therefor,or provlslons and supplles for the carrYlng on of the work Sectl0n 10 All assessments for local improvements shall be collected by the Clty Treasurer and shall be kept ln a separate fund to be known as "Local Improvement Fund,Distrlct No " and shall be used for no other purpose than the redemptlon of warrants drawn upon the bonds lssued agalnst the fund to provlde payment for the cost and expense of the lmprovement As soon as the assessment roll has been placed ln the hands of the City Treasurer for collection,he ~hall publlSh a notlce in the offlClal newspaper of the City for ten consecutive dally or two consecutlve weekly lssues,or lf there lS no offlclal newspaper,ln a newspaper of general clrculatl0n wlthln the Clty,that the roll lS ln hlS hands for collectlon and that any assessment may be pald wlthln 30 days from the date of the flrst publlcatl0n of the notlce without penalty,lnterest or costs Sect~on 11 In all cases where bonds are Issued to pay the cost and expense of a local Improvement,the ord~nance levy~ng the assessments shall prov~de that the sum charged aga~nst any lot, tract,and parcel of land or other property,or any port~on thereof, may be pa~d durIng the 30-day per~od allowed for the payment of assessments WIthout penalty or ~nterest and that thereafter the sum rema~n~ng unpa~d may be pa~d ~n equal annual ~nstallments.The number of ~nstallments shall be less by two than the number of years wh~ch the bonds ~ssued to pay for the ~mprovement are to run.Interest on the whole amount unpa~d at the rate f~xed by the ord~nance shall be due on teh due date of the f~rst ~nstallment of pr~nc~pal and each year thereafter on the due date of each ~nstallment of pr~nc~pal The f~rst ~nstallment shall become due and payable dur~ng the 30-day per~od succeed~ng the date one year after the date of f~rst publ~ca­ t~on of the not~ce by the C~ty Treasurer as prov~ded ~n Sect~on 10, and annually thereafter each succeed~ng ~nstallment shall become due and payable ~n l~ke manner If the whole or any port~on of any assessment rema~n unpa~d after the f~rst 30-day per~od here~n pro- v~ded for,~nterest upon the whole unpa~d sum shall be charged at the rate to be f~xed by ord~nance not exceed~ng e~ght per cent per annum,and each year thereafter one of sa~d ~nstallments,together w~th ~nterest due upon the whole of the unpa~d balance,shall be collected Any ~nstallment not pa~d pr~or to the exp~rat~on of the 30-day per~od dur~ng wh~ch such ~nstallment 1S due and payable shall thereupon become del~nquent All del~nquent ~nstallments shall be subJect to a charge for ~nterest at the bond rate and to an add~t~onal charge of a f~ve per cent penalty lev~ed upon both pr~nc~pal and ~nterest due on each ~nstallment or ~nstallments Sect~on 12 In case sa~d ~mprovement ~s made on the bond ~nstallment plan,the C~ty Treasurer shall,at the exp~rat~on of 30 days after the f~rst publ~cat~on of the not~ce to pay assessment, report to the C~ty Counc~l the amount collected by h~m upon the sa~d roll and shall spec~fy ~n sa~d report the amount rema~nlng unpa~d upon sa~d roll,and the C~ty Counc~l may then,or at a sub- sequent meetlng,by ordlnance,dlrect the Mayor and the Clty Clerk to ~ssue the bonds on the local lmprovement dlstrlct establIshed by the ord~nance order~ng the ~mprovement ~n an amount equal to the amount rema~n~ng unpa~d on sa~d assessment SaId ordInance shall speclfy the denom~natlon of the bonds wh~ch,except for bond numbered "one"shall be ~n multlples of one hundred ($100 00)dollars each Sect~on 13 All bonds,unless otherw~se specIally ordered by the Council,issued In pursuance of the prOVISIons of th~s ordInance,may be ~n substantIally the follOWIng form No UNITED STATES OF AMERICA STATE OF WASHINGTON LOCAL IMPROVEMENT BOND CITY OF MARYSVILLE LOCAL IMPROVEMENT DISTRICT NO $---- N B Th1S bond 1S 1ssued by vlrtue of the pro- V1S10ns of RCW 35 45 010 et ~.,§35 45 070 of Wh1Ch reads as follows "Nelther the holder nor the owner of any bond or warrant 1ssued under the prov1s10ns of th1S act shall have any cla1m therefor aga1nst the C1ty or town by Wh1Ch the same 1S 1ssued,except for payment from the spec1al assessments made for the 1mprovement for WhlCh sa1d bond or warrant was 1S- sued,and except as agalnst the local 1mprovement guaranty fund of such C1ty or town,and the Clty or town shall not be l~able to any holder or owner of such bond or warrant for any loss to the guaranty fund occurr1ng 1n the lawful operat10n thereof by the C1ty or town The remedy of the holder or owner of a bond or warrant ln case of nonpayment,shall be con- f1ned to the enforcement of the assessment and to the buaranty fund " The Clty of Marysv1lle,a mun1c1pal corporat10n of the State of Wash1ngton,hereby prom1ses to pay to or bearer---------=D-o-:;"l"""l-a-r-s-(""'$.......--"<"")-,----ri-n---:;l-a-w""""f""u--:l;--m-on ey of the United States,wlth interest thereon at the rate of per cent per annum,payable annually out of the fund establ1shed by Ord1nance No of sald C1ty,and known as "Local Improvement Fund, D1str1ct No ,"and not otherw1se,except from the guaranty fund,as here1n prov1ded Both pr1nc1pal of and 1nterest on th1S bond are payable at the off1ce of the C1ty~Treasurer of sa1d C1ty A coupon 1S hereto attached for each lnstallment of 1nterest to accrue hereon and sa1d lnterest shall be pa1d only on presentat10n and surrender of such coupon to the C1ty Treasurer ThlS bond IS payable on the day of ,19 ,but IS subject to call by the=c~i~t-y~T~r-e-a-s-urer-or-saldCtlY whenever there shall be suffIclent money In sald Local Improvement Fund to pay the same and all unpald bonds of the serles of WhlCh thl bond IS one,whlch are prl0r to thlS bond In numerlcal order,over and above sufflclent for the payment of Interest on all unpald'bonds of sald serles. The call for payment of thlS bond,or of any bond of the serles of whlch thlS IS one,shall be made by the Clty Treasurer by publlshlng the same once In the offlclal newspaper,or,wf there IS nor offlclal news- paper,ln a newspaper of general clrculatlon wlthln the Clty,and when such call 15 made for the payment of thlS bond It wlll be pald on the day the next In- terest coupon thereon shall become due after saId call and upon sald day Interest upon thlS bond shall cease and any remalnlng coupons shall be vOld The Clty Councll of sald Clty as the agent of sald Local Improvement Dlstrlct No ,establlshed by Ordlnance No ,has caused this bond to be IS- sued In the name of sald Clty as the bond of sald Lo- cal Improvement Dlstrlct,the bond or the proceeds thereof to be applled In part payment of so much of the cost and expense of the Improvement of ,under said "'O-r-..,ar'1-n-a-n-c-e-"N-o------,-a-s-i.....s-11-e-v=-'"i-e----a and as se sse d a- galnst the property included In sald Local Improvement Dlstr1ct No and benef1ted by saId 1mprovement and the sa1d Local Improvement Fund has been establlshed by ordlnance for sald purpose,and the holder or holders of thlS bond shall look only to sald fund and to the Local Improvement Guaranty Fund of the Clty of Marysvllle for the payment of elther the prlnc1pal of or 1nterest on th1S bond ThlS bond 1S one of a serles of bonds aggrega- tIng In all the prlnc1pal sum of Dollars ($),all of whlch rb-o-n~d~s--a-r-e--s-u'b~J-e--ct to the same terms and condltlons as hereln expressed IN WITNESS WHEREOF,the CIty of Marysvllle has caused these presents to be sIgned by 1tS Mayor and attested by 1tS CIty Clerk and sealed wlth lts-corporate seal th i s day of , 19 _ MAYOR CIIY OF MARYSVILLE,WASHINGTON By__--..........~;---------_-ATTEST CITY CLERK There shall be attached to each bond such a number of coupons as shall be requlred to represent the lnterest thereon payable elther annually or semlannually,as the case may be,for the term of sald bonds,WhlCh coupons shall belsubstantlally ln the followlng form ' On the day of ,19 , the CITY OF MARYSVILLE,STATE OF WASHINGTON,promISes to pay to the bearer at the offlce of the Clty Treas- urer Dollars ($),being (six)(twelve)months lnterest due that day on Bond No of the bonds of Local Improvement Dlstrlct No ,and not otherwlse, provlded that thlS coupon is subJect to all the terms and condltl0ns contalned ln the bond to WhlCh lt lS annexed,and lf sald bond shall be called for pay- ments before maturlty hereof,then thlS coupon shall be vOld MAYOR ATTEST CITY CLERK The Clty Treasurer shall keep ln hlS offlce a reglster of all such bonds ln whlch he shall enter the local lmprovement dlstrlct for whlch the same are lssued and the date,amount and number of each bond and the terms of payment. Sectl0n 14 Effectlve Date Thls ordlnance shall take effect £lve'days following the date of 1 ts pub Li.ca t i on r.n the offlclal newspaper of the Clty PASSED bY.: meetlng on the f the Clty Counc~l of Marysvl11e at a regular day 0f Jl<0?y ,1974 (/ CITY OF MARYSVILLE,WASHINGTON By '~YO~ ATTEST c{WmL~ CIty At torneV