Loading...
HomeMy WebLinkAboutR-2462 - Paying a delinquent assessment in Local Improvement District No. 71CITY OF MARYSVILLE Marysville, Washington RESOLUTIONNO. J.1-6")_ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MARYSVILLE, WASHINGTON, PA YING A DELINQUENT ASSESSMENT IN LOCAL IMPROVEMENT DISTRICT NO. 71. WHEREAS, the assessment roll for Local Improvement District No. 71 was approved by Ordinance No. 2954; and WHEREAS, Lot 155 was assessed $49.00; and WHEREAS, installments on this assessment have never been paid and payment of this assessment is delinquent and subject to foreclosure; and WHEREAS, Lot 155 is a small (approximately 871 square feet) landlocked parcel, zoned light industrial, without utility service; and WHEREAS, the community development department confirmed that the parcel cannot be developed; and WHEREAS, the final assessment roll placed the special benefit from the LID improvements at 11 cents per square foot for this parcel, which is higher than some much larger parcels; and WHEREAS, Lot 155 has an assessed value of $100.00 and Snohomish County does not assess property taxes when a parcel has such a low value; and WHEREAS, given the character of the parcel and the level of special benefit assessed to the parcel, the owner may have a claim; and WHEREAS, the owner of Lot 155 is listed as Monica Baker; and WHEREAS, city staff have been unable to locate Monica Baker; and WHEREAS, Ordinance No. 2957 obligated the City to pay the bonds issued for LID No. 71 and the $49.00 must be paid to satisfy the bonded amount for the LID; and WHEREAS, Ordinance No. 2957 obligated the City to diligently commence and pursue the collection of delinquent assessments which ultimately requires the City to foreclose on the parcel to collect the assessment; and WHEREAS, a local improvement guaranty fund was created by section 3.16.010 of the municipal code in conformance with chapter 35.54 RCW; and WHEREAS, sufficient funds are in the local improvement guaranty fund to pay the $49.00; and WHEREAS, paying the $49.00 from the local improvement guaranty fund would extinguish any potential claims that might arise from foreclosing on the parcel; and WHEREAS , it is in the public interest to pay the assessment from the local improvement guaranty fund to fulfill the City's obligation to the bondholders and to avoid any potential cla ims against the City that might arise in a foreclosure action. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MARYSVILLE that $49.00 from the local improvement guaranty fund be used to satisfy the assessment for Lot 71-15 5. ADOPTED by the City Council at an open public meeting this 2 '5 day of tt:-\1(1...{tUif , 2019 . CITY OF MARYSVILLE Attest: By_~~YLA_D£oo.ic ___ _ TINA BROCK, DEPUTY CITY CLERK Approved as to form: