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ORD 94-02 LID 16 ASSESSMENTSORDINANCE NO. 94-02 AN ORDINANCE of the City of Bainbridge Island, Washington, approving and confirming the assessments and assessment roll of Local Improvement District No. 16 for the construction and installation of water lines and appurtenances in the Valley Vue Water system area of the City, as provided by Ordinance No. 92-21, 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. 16 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 hearing thereon and making objections and protests to the roll was published at and for the time and in the manner provided by law, fixing the time and place of hearing for January 20, 1994, at 7:00 p.m., local time, in the Bainbridge Island Fire District Building Multi -Purpose Room, 8895 Madison Avenue North, Bainbridge Island, Washington, and further notice thereof was mailed by the City Clerk to each property owner shown on the roll; and WHEREAS, the place of the hearing was changed to the Bainbridge Island High School library, 9330 N.E. High School Road, Bainbridge Island, Washington, and prior to the hearing notice of such change in location was posted on the door of the Bainbridge Island Fire District Building Multi -Purpose Room, and at the Washington State Ferry Terminal building, the Chamber of Commerce and the City Hall, and was published in the City's official newspaper; and WHEREAS, the hearing was held at the time fixed at the Bainbridge Island High School library, and all written protests received were considered and all persons appearing at the hearing who wished to be heard were heard; and WHEREAS, the hearing was adjourned to February 3,1994, at 8:00 p.m., local time, in the Bainbridge Island Fire District Building Multi -Purpose Room; and WHEREAS, the adjourned hearing was held on the date and at the time fixed, and was further adjourned to March 3, 1994, at 8:00 p.m., local time in the Bainbridge Island Fire District Multi -Purpose Room; and WHEREAS, the adjourned hearing was held on the date and at the time fixed, and was concluded; and F:\DMS\RPK\0052234.01 02/18/94 - 1 - 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 ISLAND, WASHINGTON, DO ORDAIN as follows: Section 1. The City Council finds that the method of assessment for Local Improvement District No. 16 (the "District") more fairly reflects the special benefits to the properties being assessed in the District than the zone and termini method of assessment. Section 2. The assessments and assessment roll of the District which has been created and established for the purpose of construction and installation of water lines and appurtenances in the Valley Vue Water system area of the City, as provided by Ordinance No. 92-21, as the same now stand, shall be and the same are approved and confirmed in all things and respects in the total amount of $89,419.92. Section 3. 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 this improvement in at least the amount charged against the same, and the assessment appearing against the same 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 same thereon. Section 4 Section 5 of Ordinance No. 92-21 is amended to read as follows: No property outside of the District may connect to the improvements of the District unless that property shall have paid prior to such connection a charge in lieu of assessment in the amount of $3,694.94 per meter, plus participation fees (connection charges) and meter installation and inspection fees in effect at the time of application for such connection. Where the assessment for property inside of the District includes the base amount of $3,694.94, but not the additional amount of $1,525.00 for participation fees (connection charges) and meter installation and inspection fees, such property shall not be connected to the improvements of the District unless that property shall have paid prior to connection the participation fees (connection charges) and meter installation and inspection fees in effect at the time of application for such connection. Where the assessment for property inside of the District includes both the base amount of $3,694.94 and the additional amount of $1,525.00 for participation fees (connection charges) and meter installation and inspection fees, such property shall have five years from the publication of F:\DMS\RPK\0052234.01 02/18/94 - 2 - the notice of collection of assessments to connect to the improvements of the District at no additional charge. After the five-year period has expired, such property shall not be connected to the improvements of the District unless that property shall have paid prior to connection any increase in the participation fees (connection charges) and meter installation and inspection fees. Section 5. If John Torvanger or any guardian or representative on his behalf pays to the City any funds in mitigation of State Department of Health fines levied against the Valley Vue Tracts Water system or Mr. Torvanger, the assessments on the assessment roll shall be reduced on a pro rata basis and the assessment roll shall be amended accordingly by the Director of Finance and Administrative Services without further City Council approval. Any property owner who has paid the assessment in full at the time of the mitigation payment shall receive a refund equal to the pro rata reduction in the assessment. If the City receives the mitigation payment after LID Bonds have been issued, the payment shall be used first for refunds, and the remainder shall be placed in the Local Improvement Fund. Any refund shall be made to the owner or reputed owner of the property whose name appears on the rolls of the county assessor at the time of the refund, at the address shown on thereon. Section 6. The assessment roll as approved and confirmed shall be filed with the City Clerk for collection and 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 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 thereupon 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 7. This Ordinance shall take effect and be in force five days from and after its passage, approval and publication as required by law. F:\DMS\RPK\0052234.01 02/18/94 -3 - PASSED by the City Council this 3rd day of March, 1994. APPROVED by the Mayor this 4th day of March, 1994. Janet K. West, Mayor ATTEST/AUTHENTICATE: City Clerk APPROVED AS TO FORM: City Attorney FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL: March 31 1994 PUBLISHED: March 9, 1994 EFFECTIVE DATE: March 14f 1994 ORDINANCE NO.: 94-02 F:\DMS\RPK\0052234.01 02/18/94 - 4 - I, Ralph W. Eells, Finance Director and City Clerk of the City of Bainbridge island, Washington, certify that the attached copy of Ordinance No. 94-02 is a true and correct copy of the original ordinance passed on the 3rd day of March, 1994, as that ordinance appears on the Minute Book of the City. Dated this 4th day of March, 1994. City Clerk