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HomeMy WebLinkAboutord1987-0691 DATE October 1, 1987 INTRODUCED BY 2 PROPOSED BY 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 ORDINANCE NO. 87 -69 Consent Bond Counsel AN ORDINANCE OF THE COUNTY COUNCIL OF WHATCOM COUNTY, WASHINGTON CONFIRMING THE FINAL ASSESSMENT ROLL FOR LOCAL AND ROAD IMPROVEMENT DISTRICT NO. 9 AND CER- TIFYING THE SAME TO THE COUNTY TREASURER FOR COL- LECTION. WHEREAS, pursuant to Ordinance No. 87 -67of the County Council of Whatcom County, Washington, passed and approved on November 5, 1987, the County Council created Local and Road Improvement District No. 9 ( "LRID No. 9 "); and WHEREAS, a public hearing on confirmation of the final assessment roll for LRID No. 9 was held on November 5, 1987 at 7:00 p.m. ; and WHEREAS, notice of the public hearing on confirmation of the final assessment roll was duly published, and mailed to each owner of property within LRID No. 9 pursuant to the requirements of RCW §§ 36.88.090 and 36.94.250; and WHEREAS, the Council gave due consideration to the final assessment roll for LRID No. 9 and all timely written objections filed with respect thereto; and WHEREAS, it is deemed necessary and advisable that the final assessment roll for LRID No. 9 be approved and confirmed; NOW, THEREFORE, BE IT ORDAINED, BY THE COUNTY COUNCIL OF WHATCOM COUNTY, WASHINGTON, as follows: SECTION 1. The County Council, having made all revisions to the roll it deems necessary, hereby finds and determines that the final assessment roll for LRID No. 9 is just and equitable, and that no assessment against property within LRID No. 9 is greater than the special benefits to be derived from the improvements. ORDINANCE - 1 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 Accordingly, the final assessment roll, in the total amount of $3,128,041, is hereby approved and confirmed, and the assessment set forth therein are hereby levied against each lot, tract and parcel of property described in said roll, subject to the limita- tion set forth in Section 4 hereof. SECTION 2. The Clerk of the Council is hereby directed to place in the hands of the County Treasurer for collection the final assessment roll for LRID No. 9, bearing such revisions as the Council has made thereto and subject further to the limita- tion of Section 4 hereof. Upon such placement, the amount of each assessment set forth therein, together with any interest accrued or penalty imposed from time to time thereon, shall become a lien against the property so assessed. Said lien shall be paramount and superior to any other lien or encumbrance whatsoever, theretofore or thereafter created, except a lien for general taxes. SECTION 3. Upon receipt of the final assessment roll for LRID No. 9, the County Treasurer is hereby directed to publish notice at the times and in the manner required by RCW §§ 36.88.270 and 35.49.010, stating that said roll is in his hands for collection and that such assessments or any portion thereof may be paid at any time within thirty (30) days from the date of the first publication of said notice, without penalty, interest or costs. SECTION 4. The amount of any assessment, or any portion thereof, against property in LRID No. 9 not paid in full within the thirty (30) day period from the date of the first publication of the County Treasurer's notice shall be payable in twenty (20) equal annual installments, including interest at the rate of 6.8% per annum; provided, however, that the installments in 1987 and 1988, prior to the disbursement in full of the loans from the State of Washington Department of Community Development ( "CERB ") ORDINANCE - 2 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 shall be reduced as provided in billing notices from CERB to include interest only on portion of CERB loans actually disbursed to the County. The first installment shall become due and payable on October 31, 1987 and annually thereafter on each October 31. Annual installments, including interest and prin- cipal, shall be paid in full when due, and no partial payments shall be accepted by the County Treasurer. SECTION 5. Any installment not paid when due shall there- upon become delinquent. All delinquent installments shall be subject to a penalty equal to ten percent (10 %) per annum of the amount of the installment, including interest, from the date of the delinquency until paid. SECTION 6. The lien of any assessment may be discharged at any time after the thirty (30) day prepayment period herein provided for by payment of the entire principal amount of the ORDINANCE - 3 79 assessment remaining unpaid together with interest thereon to the 80 due date of the next installment. 81 PASSED this 5th day of November 1987. 82 83 84 85 86 ATTEST: 87 �.� v , 88 Clerk of the Council 89 90 91 92 APPROVED AS TO FORM: 93 94 Civil Deputy Prosecuting 95 Attorney WHATCOM COUNTY COUNCIL WHATCOM COUNTY, WASHINGTON i Todi Burt n, airperson ( ✓) APPROVED ( ) VETOED " �— sl-� Shirley Van Zknten County Executive November 6, 1987 Date 96 Published on October 21, 1987 and November 11, 1987 97 This ordinance will become effective on November 16, 1987 ORDINANCE - 4