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ORD 96-11 LID 18 ASSESSMENT ROLLORDINANCE NO. 96-11 AN ORDINANCE of the City of Bainbridge Island, Washington, approving and confirming the assessments and assessment roll of Local Improvement District No. 18 for the improvement of N.E. Justin Court by asphalt paving and gravel shoulders, as provided by Ordinance No. 95-09, and levying and assessing the cost and expense thereof against several lots, tracts, parcels of land and other property as shown on the assessment roll. WHEREAS, the assessment roll levying the special assessments against the property located in Local Improvement District No. 18 in the City of Bainbridge Island, Washington (the "City"), has been filed with the City Clerk as provided by law; and WHEREAS, notice of the time and place of the hearing and of making objections and protests to the roll was published in the manner provided by law, fixing the time and place of the hearing for February 1, 1996, at 7:00 p.m., in the Bainbridge Commons, Multi-Purpose Room, 402 B'June Drive, Bainbridge Island, Washington, and further notice of the hearing was mailed by the City Clerk to each property owner shown on the roll; and WHEREAS, at the time and place fixed and designated in the notice the hearing was held; and WHEREAS, the hearing was continued to February 15, 1996; and WHEREAS, all written protests received were considered and all persons appearing at the hearing who wished to be heard were heard; and WHEREAS, the City Council, sitting and acting as a Board of Equalization for the purpose of considering the roll and the special benefits to be received by each lot, parcel and tract of land shown upon such roll, including the increase and enhancement of the fair market value of each such parcel of land by reason of the improvement, overruled all such protests; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLA,,ND, WASHINGTON, DO ORDAIN as follows: Section 1. The assessments and assessment roll of Local Improvement District No. 18 (the "District"), which has been created and established for the purpose of improving N.E. Justin Court by asphalt paving and gravel shoulders, as provided by Ordinance No. 95-09, are approved and confirmed in the total amount of $47,465.00. DOCS\94700\100\0106075.01 - 1 - Section 2. Each of the lots, tracts, parcels of land and other property shown upon the assessment roll is determined and declared to be specially benefited by the improvement in the District in at least the amount charged against the property, and the assessment appearing against the property is in proportion to the several assessments appearing upon the roll. There is levied and assessed against each lot, tract or parcel of land and other property appearing upon the roll the amount finally charged against the property. Section 3. If any lot, tract or parcel outside of the District uses the improvement in the District, the owner of the property shall pay prior to such use a charge-in-lieu of assessment equal to the assessment that would have been applied to the property had it been included within the District, plus interest from the date of passage of this ordinance to connection, or ten years, whichever is shorter, at the rate of interest on the local improvement bonds for the District. Section 4. The assessment roll as approved and confirmed shall be filed with the City Clerk for collection. The City Clerk is authorized and directed to publish notice as required by law, stating that the roll is in her hands for collection and that payment of any assessment thereon or any portion of such assessment, including the portion authorized in Section 5 of this ordinance, can be made at any time within thirty days from the date of first publication of such notice without penalty, interest or cost, and that thereafter the sum remaining unpaid may be paid in 10 equal annual installments together with interest. The estimated interest rate is stated to be 6% per annum, with the exact interest rate to be fixed in the ordinance authorizing the issuance and sale of the local improvement bonds for the District. The first installment of assessment 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 Clerk of notice that the assessment roll is in her 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 expiration of the thirty-day period during which such installment is due and payable shall become delinquent, and shall be subject to penalties and interest in accordance with Section 3.48.100 of the Bainbridge Island Municipal Code. The collection of such delinquent installments shall be enforced in the manner provided by law and Section 3.48.110 of the Bainbridge Island Municipal Code. Section 5. All or any lesser amount of an assessment shall be deemed to have been paid if during the initial 30-day period during which assessments may be paid without interest the City receives payment of 90.5 % of the amount intended to be paid. The percentage deduction represents a return to the property owners of the contribution of the District to the LID Guaranty Fund (for bonds) made unnecessary because of the prepayment of assessments. PASSED by the City Council this 15th day of February, 1996. DOCS\94700\100\0106075.01 - ~2 - APPROVED by the Mayor this 2 9 th day of February, 1996. ATTEST/AUTHENTICATE: ,,-_/dC ~,-7... ,~. /d~'v6~ '~ " ~ty Clerk APPROVED AS TO FO~: City Attorney FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL: PUBLISHED: EFFECTIVE DATE: ORDINANCE NO.: 2/22/96 2/15/96 3/6/96 3/11/96 96-11 DOCS\94700\100\0106075.01 - 3 - I, Susan Kasper, City Clerk of the City of Bainbridge Island, Washington, certify that the attached copy of Ordinance No. 96-11 is a true and correct copy of the original ordinance passed on the 15th day of February, 1996, as that ordinance appears on the Minute Book of the City. DATED this -~qq Y'-flday of February, 1996. ~ C1 rk C'ty e DOCS\94700\100\0106075.01 - 4 - City of Bajnbddge Island NE Justin Court LID No. 18 - Roadway Improvemenls FINAL ASSESSMENT ROLL Z LU 0 Tax Lot 5156~00~01~X)(X) 5156~XX)~)02~X}I)9 51564300~03-0008 5156~300~:)0~0007 5154HXXNX)~0006 5156~0~006~005 5156~X)0~307~ 5156~)(H:X)9~002 515~(KX)~10~3(X)9 5156~XX~11 ~(308 5156~X)(H)12~XX)7 5156~X:)0~13~XX)6 51 ~1 ~5 Owneraldp of ReCord Lot Siz~ # of Units Final Asnm~ment Hobson, Craig 2.31 I $3~90.38 Baisan% Fmdedo 2.30 I $3,390,38 Hoeschen, DC 2,30 1 $3,390,38 Chin, Gordon 2.30 1 $3,390.38 Cleven, Loren 2.30 1 $3,390.38 Barrett, Michael 2.30 1 $3,390.38 i-loeyt James 2.30 1 $3,390.38 Gawlowsld, RG 2.30 1 $3,390.38 Dykslra, Sharon 2.80 1 $3,390.38 Gilxwy, John 2.30 I $3,390.38 Lurie, David 2.30 I $3,390.38 Rimel, Duane 2.30 I $3,390.38 Huang, Tsuei blei 2.30 I $3,390.38 Total # of Unit~: 14 $47,465 I ® I Udng 12/2NgScod6,ds Hea~ing Da~e Januan, 18, 1995 z rY n' <[ 3 Z 0 [o o) I C'ffY OF BAIIBRI)GE ISLAND Locd~Distd~t0JD} No 18 P, uid Impmvemefis Method o( as_ _ _~,~'~nmd = UNiT Pern~lnO ~~ Bidcin0 Deducts PROJECT COST NE JUSTIN COURT LID 18 RNAL ASSESSMENT ROLL I i I47,465 '= Project Cost Basad on BId 14 -Numbetdunlts I BASE/UMOUNT $5.e85 Kalo&Warren I $1,e{x) FaSo & Wanan d~x~unter4a~n and Flog J6i4