LID Resolution469
CITY OF YELM
RESOLUTION NO. 469
A RESOLUTION OF THE CITY OF YELM, WASHINGTON TO SEGREGATE AN EXISTING ASSESSMENT UNDER UTILITY LOCAL IMPROVEMENT DISTRICT NO. 1, PURSUANT TO SECTION 35.44.410 OF THE REVISED CODE OF
WASHINGTON
WHEREAS the City of Yelm has received a written application from the property owner of the plat knows as Mountain Shadow to segregate an assessment within Utility Local Improvement
District No. 1 in accordance with Section 35.44.410 of the Revised Code of Washington
WHEREAS the real property to be affected by this segregation action is described on the assessment roll of Utility Local Improvement District No. 1 as Account 01-019C and identified
in the records of Thurston County Assessor’s Office as tax parcel number 22718440600; and
WHEREAS the current parcel configuration is shown on the map attached hereto as Exhibit A; and
WHEREAS the new parcel configuration is shown on the diagram attached as Exhibit B; and
WHEREAS the assessment amount on this parcel is $12,762.05, as set forth and adopted by Resolution No. 469 on November 14, 2006; and
WHEREAS this segregation will not jeopardize the security of the assessment lien or reduce the ability to collect outstanding local improvement district obligations payable from such
assessment;
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF YELM, WASHINGTON DOES RESOLVE AS FOLLOWS:
Section 1. Segregation shall be made on the assessment roll of Utility Local Improvement District No. 1, which was confirmed and adopted by Ordinance No. 674 on September 29, 1999.
Section 2. Segregation shall affect Account 01-019C of Utility Local Improvement District No. 1 as described in Resolution No. 468 and identified as Thurston County Assessor tax parcel
number 22718440600.
Section 3. Segregation shall result in 7 new assessments on parcels within the Mountain Shadow subdivision, with proportional assessments representing one Equivalent Residential Unit
for each projected final building lot. The sum of these combined new assessments shall total $12,762.05 as shown in Exhibit C, which is equal to the existing assessment amount.
ADOPTED by the Council of the City of Yelm, Washington at its regular meeting on the 27th Day of February, 2007.
CITY OF YELM, WASHINGTON
Ron Harding, Mayor
AUTHENTICATED:
Agnes Bennick, City Clerk
PASSED and APPROVED February 27, 2007