LID Resolution
CITY OF YELM
RESOLUTION NO. 449
A RESOLUTION OF THE CITY OF YELM, WASHINGTON TO SEGREGATE AN ORIGINAL 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 been requested to segregate an original assessment for Utility Local Improvement District No. 1 in accordance with Section 35.44.410 of the Revised Code
of Washington on property identified as tax parcel number 21713340600 in the records of the Thurston County Assessor; and
WHEREAS the current parcel is shown on the map attached hereto as Exhibit A and the new parcels assessed is shown on the map attached as Exhibit B; and
WHEREAS all previously billed assessment installments have been satisfied and the affected account is paid current; and
WHEREAS this segregation will not jeopardize the security of the lien for the assessment or reduce the security for any 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 original assessment roll of Local Improvement District No. 1 which was confirmed and adopted by Ordinance No. 674 on September 29, 1999.
Section 2. Segregation shall affect assessment account number 01-045 of Utility Local Improvement District No. 1 as described in the adopting ordinance and identified as Thurston County
Assessor tax parcel number 21713340600.
Section 3. Segregation shall result in 11 new assessments representing the value of 15 Equivalent Residential Units as shown on Exhibit B. The sum of the new assessments shall total
$27,347.25 which is equal to the original assessment amount before segregation.".
ADOPTED by the Council of the City of Yelm, Washington at its regular meeting on the 10th Day of November, 2004.
CITY OF YELM, WASHINGTON
Adam Rivas, Mayor
AUTHENTICATED:
Agnes Bennick, City Clerk
PASSED and APPROVED ______________________________ 2004