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HomeMy WebLinkAbout1995-059 Alpine Court Sewer ORDINANCE NO 95 -59 AN ORDINANCE providing for the improvement of certain property by constructing an 8- inch public sewer system, establishing a Local Improvement District, • providing for the method of payment thereof, and creating a special fund. BE IT ORDAINED BY THE CITY OF YAKIMA. Section 1. The following described property situate in Yakima County, Washington, shall be improved by constructing an 8 -inch public sewer system. Yakima County parcels 181319 - 31465, 181319 - 31466, 181319 - 31467, 181319 - 31468, 181319 - 31469, 181319 - 31470, 181319 - 31471, 181319 - 31472, 181319- 31473, 181319- 31474. Section 2 The nature and territorial extent of said proposed improvements is as follows ROUTE OF 8 - INCH LINE. Beginning at existing sewer line located on N 88th Avenue, thence west in Alpine Court, consisting of approximately 370 lineal feet of 8 -inch sewer line and appurtenances. Section 3 There is hereby created a Local Improvement District, to be called "Local Improvement District No. 1053 ", which said district shall include all of the above described property Section 4. The assessments shall be made according to special benefits derived from the improvements without regard to the zone and termini method. Section 5 All costs and expenses in connection with the construction of said improvements, including the engineering, inspection, advertising, publication of notices, and all other expenses incident thereto, shall be levied and assessed against all of the property legally and properly assessable therefor as provided by law and as above described. Section 6 The work necessary to be done in connection with the making of said improvements shall be done by contract upon competitive bids according to specifications and plans as prepared by the Engineering Division of the Department of Community and Economic Development, and the City shall have the power to reject any and all bids. Section 7 There is hereby created a special fund, to be known as "Local Improvement Fund, District No 1053 ", into which shall be placed all sums paid on account of the aforesaid special assessments, including all interest and penalties thereon, and in the event of the sale of local improvement bonds by the City, all premium and interest on said bonds issued for said improvement. Section 8 Bonds shall be issued in payment of the costs and expense of said improvements, which bonds shall be redeemed by the collection of special assessments to be levied and assessed upon the property within said district, which assessments, with interest, shall be payable annually under the mode of payment "payment by bonds" as ORDRES TT 1 defined by the statutes of the State of Washington and the ordinances of the City of Yakima, provided, this improvement may be financed by the issuance of notes, under the authority of R.0 W 39 50 and Section 8 12 100 of the City of Yakima Municipal Code The term and • interest rate of bonds and special assessments contemplated by this section shall conform to provisions, terms and conditions to be specified by a subsequent ordinance of the City of Yakima. It is the intent of the City to reimburse a portion of the costs of these improvements with the proceeds of bonds (Reimbursement }fonds) to be issued by the City The interest on these bonds is excludable from gross income under Section 103 of the Internal Revenue Code of 1986, as amended. The maximum principal amount of Reimbursement Bonds expected to be issued is $50,000 This declaration of official intention is made pursuant to Section 1 103 -18 of the Income Tax Regulations promulgated by the U.S Department of Treasury Section 9 The actual assessments levied for this improvement may vary from the assessment estimates so long as they do not exceed a figure equal to the increased true fair value the improvement adds to the property Section 10 This ordinance is one relating to local improvements or assessments therefor, and shall become effective immediately upon its passage, approval and publication as provided by law and by the City Charter PASSED BY THE CITY COUNCIL, signed and approved this 7th day of adder_, • 1995 4t" �P�S MAYOR ATTEST CITY CLERK Publication Date: i 10 1 1935 Effective Date: tbvater 10, 1935 ORDRES TT2 PRELIMMINARY ASSESSMENT ROLL • ALPINE COURT SEWER LID PROPERTY OWNER/ PARCEL PARCEL ADDRESS/ PRELIMINARY NUMBER LEGAL DESCRIPTION ASSESSMENT 181319 -31465 Douglas M. ET UX Huysman $ 6,900 00 8802 Alpine Court Legally described as Druse Subd. No 3, Lot 1 181319 -31466 Gary A. ET UX Cramer 6,900 00 8804 Alpine Court Legally described as Druse Subd. No 3, Lot 2 181319 -31467 Elwood W & Delia P Garns 6,900 00 8806 Alpine Court • Legally described as Druse Subd. No 3, Lot 3 181319 -31468 Darrell D ET UX Bray 6,900 00 8808 Alpine Court Legally Described as Druse Subd. No 3, Lot 4 181319 -31469 Jonathan L ET UX Bensch 6,900 00 8810 Alpine Court Legally Described as Druse Subd. No 3, Lot 5 181319 -31470 Opal Myhres 6,900 00 8812 Alpine Court Legally Described as Druse Subd. No 3, Lot 6 181319 -31471 Wayne & Ok -Hui Wantland 6,900 00 8809 Alpine Court Legally Described as Druse Subd. No 3, Lot 7 • PROPERTY OWNER/ • PARCEL PARCEL ADDRESS/ PRELIMINARY NUMBER LEGAL DESCRIPTION ASSESSMENT 181319 -31472 Debby D Taylor $ 6,900 00 8807 Alpine Court Legally Descnbed as Druse Subd. No 3, Lot 8 181319 -31473 Richard H. & Barbara Johnson 6,900 00 8801 Alpine Court Legally Described as Druse Subd. No 3, Lot 9 181319 -31474 Jeffrey J & Leslie A. Yamada 6,900 00 8803 Alpine Court Legally Described as Druse Subd. No 3, Lot 10 • TOTAL PRELIMINARY ASSESSMENT $ 69,000.00 • 0 , AI p J ne our 0 Sewer LID . ,.. _, ; . , i I JUANITA DR .. I I . ,• 1 . i , i ---------,------- . S U M M I T V I E W A V E 8 S U M M I T I tit -\ N / s A " 0 >- \■•• \NN.V try = ■\.■ x" ■ — . •N 0 - --•—•• \\ -- . PI CT \\ •k". ‘;`. \ IN k: 4 5 cu . = H .:C — • \ . \! _ • :L.\ \ . \\. scIC . __..., 1...J ..) ■--- c=, ■ Cr, W BARGE ST . Th 1 . . --, , r . , . t. W YAKIMA AVE I . \---1 . 2/1 ....._.-- CHESTNU 'AVE --- 1---e---- --,--...,--,--1-0 --...:— - .:1 - 0 • N Seale - I 300 City of Yakima, Washington . el 0 ISO 300 W 7.4 • WINE September 20, 1995 , . ha 0 BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No • For the meeting of Nov. 7, 1995 ITEM TITLE. Consideration of an Ordinance creating the Alpine Court Sewer Local Improvement District SUBMITTED BY Glenn Valenzuela, Directo Department of Communit s onomic Development CONTACT PERSON /TELEPHONE. Al Rose, Office Engineer / 575 -6139 Mary Lovell, Engineering Tech. I / 575 -6137 SUMMARY EXPLANATION On October 17, 1995, the City Council adopted a Resolution of Intent to create the Alpine Court Sewer Local Improvement District (Resolution No R -95 -142) by conducting a public hearing on November 7, 1995 The proposed Alpine Court Sewer Local Improvement District (LID) involves 10 parcels. The City has received petitions requesting formation of this LID from property owners representing over 75% of the assessed property value The project consists of approximately 370' of 8 -inch sewer line in Alpine Court, west of N 88th Avenue This project will connect into the new sewer main in N 88th Avenue, recently constructed by Yakima County as part of the O Summitview road improvement project. The estimated LID assessment for the respective parcels of land is attached. The rates were calculated on a rate per parcel. This method of computation was selected based on equity of fairness The City is in compliance with State law and City policy in the formation of this LID LID assessments may be financed by the City of Yakima on a ten -year plan through the sale of bonds or the issuance of promissory notes. Resolution Ordinance _ Contract _ Other (Specify) Local Assessment RoIVPIan -Map Funding Source APPROVED FOR SUBMITTAL City Manager STAFF RECOMMENDATION Conduct a public hearing, and adopt the Ordinance creating the Alpine Court Sewer LID BOARD /COMMISSION RECOMMENDATION COUNCIL ACTION Ordinance No. 95 -59 Legal/BD 1 Agenda Stmt. L 10/20/95