LID Transfer Staff report
To: Mayor Rivas Yelm City Council
From: Grant Beck
Date: July 2, 2003
Subject: LID Transfer’s - Rosemont Retirement Center
Issue
Hollamer Investments LLC and MWSH Yelm LLC have agreed to transfer 22 LID Equivalent Residential Unit (ERU’s) from property owners who no longer wish to use them on the original assessment
parcels.
Background
Hollamer Investment LLC and MWSH Yelm LLC own the Rosemont Assisted Living facility now under construction on Killion Road. The assisted living facility required the purchase of 26
ERU’s for connection to the City’s S.T.E.P. sewer system. The Killion Road property was part of LID No. 1 and had previously purchased 4 ERU’s.
Dick Boness and Steve Nelson own 5 parcels of land outside the City limits on Morris Road. The 5 parcels were part of LID No. 1 and had purchased 8 ERU’s. The LID assessment is paid
off on these parcels.
Bev Malan owns a parcel of land at 1504 Yelm Avenue West which was part of the LID and purchased 14 ERU’s. The LID principle amount is currently $20,419.27 with respect to this parcel.
The Community Development Department maintains a list of people who have LID assessments on their property and wish to transfer them to another party. From this list, the owners of
Rosemont contacted Mr. Boness and Ms. Malan and reached an agreement to transfer the LID assessments from their parcels to the Rosemont parcel.
Upon approval by the Council, 8 LID ERU assessments will be transferred from Boness to Rosemont and 14 will be transferred from Malan to Rosemont. This ultimately allows Rosemont to
pay a sewer connection fee of $2,625 per ERU compared to the full rate of $5,125 and allows Mr. Boness and Ms. Malan to get value from the LID assessment which they no longer wish to
use.
Recommendation
1. The Council adopt Ordinance Number 781, which approves the transfer of 8 equivalent residential unit assessments in LID No. 1 from Dick Boness and Steve Nelson to Hollamer Investment
LLC and MWSH Yelm LLC.
2. The Council adopt Ordinance Number 782, which approves the transfer of 14 equivalent residential unit assessments in LID No. 1 from Bev Malan to Hollamer Investment LLC and MWSH Yelm
LLC