HomeMy WebLinkAboutord1988-0571
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
INTRODUCED BY: Consent
PROPOSED BY: Public Works Dept.
DATE INTRODUCED: June 2, 1988
ORDINANCE NO. 88 -57
AN ORDINANCE AMENDING ORDINANCE NO. 87 -67, AN
ORDINANCE CREATING WHATCOM COUNTY LOCAL AND
ROAD IMPROVEMENT DISTRICT NO. 9 FOR INFRASTRUC-
TURE IMPROVEMENTS INCLUDING ROAD AND WATER AND
SEWER INSTALLATION WITHIN THE AREA KNOWN AS
CORDATA BUSINESS PARK IN WHATCOM COUNTY,
WASHINGTON AND IN PART IN THE CITY OF BELLINGHAM
BY AMENDING SECTION 9.
WHEREAS, Ordinance No. 87 -67 created Whatcom County Local and Road Im-
provement District No. 9 for infrastructure improvements within the area known
as Cordata Business Park; and
WHEREAS, Section 9 of Ordinance 87 -67 requires that installments of
assessments be paid not later than October 31st; and
WHEREAS, repayment to the Community Economic Revitalization Board for
CERB loans I and II are due on October 31st and November 6th respectively; and
WHEREAS, adequate consideration was not given to the impact of October
31st property tax collections on the Treasurer's office and the tremendous
volume of mail received by the Treasurer's office October 31st prevents the
Treasurer from identifying and receipting LRID No. 9 assessments in time to make
timely payment to the Community Economic Revitalization Board; and
WHEREAS, failure to make timely payment to the Community Economic
Revitalization Board will result in additional interest charges which cannot be
recovered from property assessed in Local and Road Improvement District No. 9.
NOW, THEREFORE, BE IT ORDAINED that Section 9 of Ordinance 87 -67 be
amended as follows:
Section 9. Upon the formation of LRID No. 9 and the levying of
assessments therein and following the payment in full of the initial installment
of assessments therein not later than October 31, 1987, the County agrees that
its Contractual Agreement with Trillium Corporation dated as of July 6, 1984, as
amended, and its Contractual Agreement with Trillium Corporation dated as of
July 30, 1986 may be terminated. Upon the termination of said Contractual
Agreements, the Director of Public Works shall reconvey the County's interests
in property granted to the County under said Contractual Agreements. The due
date for future annual installments of LRID No. 9 assessments shall be October
1.
ORDINANCE - 1.
Date drafted: 5/5/881
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
BE IT FURTHER ORDAINED that unless specifically mentioned within this
ordinance, all other terms and conditions of Ordinance No. 87 -67 shall remain in
full force and effect.
APPROVED this 7th day of July 1988
ATTEST:
Clerk of the Council
APPROVED AS TO FORM:
WHATCOM COUNTY CgWCIL
TCOM COUNTY, NG T9N
nald G. H ey
Vice Chair
( /) APPROVED ( ) VETOED
SHIRLEY VAN XANTEN
County Executive
Date: Julv 8. 1988
Ran-nai l J. Walkt , unieT- -civil
Deputy Prosecu% Attorney
Published on June i5, 1988 and July 13, 1988
This ordinance becomes effective on July 18, 1988
ORDINANCE - 2.
Date drafted: 5/5/88