LIDresolution
Date: July 17, 2001
To: Mayor Rivas and City Council Members
From: Cathie Carlson, Community Development Director
Re: LID Segregation for Willow Glenn Subdivision
Exhibits:
Application for Segregation of LID Assessment
Resolution No. 417
Exhibit A — Current Parcel Configuration Map
Exhibit B — Revised Parcel Configuration Map
Exhibit C — Segregation of Assessment
Exhibit D — RCW § 35.44.410
SUBJECT
Resolution No. 417 authorizing the segregation of the local improvement district assessment and re-allocation of Equivalent Residential Units for Thurston County tax parcel number 64303500504.
This property is located within the boundary of Utility Local Improvement District No. 1.
BACKGROUND
On September 29, 1999 the City Council approved Ordinance No. 674 confirming and adopting the final assessments for Utility Local Improvement District No. 1. Section 35.44.410 of the
Revised Code of Washington stipulates that “segregation shall be made as nearly as possible on the same basis as the original assessment.” Each parcel shall be allotted one Equivalent
Residential Unit and the assessment is therefore divided equally between each of the newly configured parcels benefiting from the improvements.
FISCAL IMPACT
The number of Equivalent Residential Units currently assigned to this parcel is 22 and all previously billed local improvement district installments have been paid. The estimated value
of the property involved is sufficient in the unlikely event that foreclosure should become necessary to collect any future delinquent principal and interest payments.
The applicant, Yelm Property Development LLC, has submitted the required application and fee for processing the segregation.
LEGAL CONSIDERATION
Section 35.44.410 of the Revised Code of Washington requires that requests for segregation be approved by City Council action. This action will segregate and proportionally distribute
the existing assessment for Utility Local Improvement District No. 1 upon real property as recorded by the Thurston County Assessor’s Office.
EFFECTIVE DATE
This resolution will become effective immediately upon adoption by the City Council.
RECOMMENDATION
Staff recommends adoption of Resolution No. 417 authorizing the requested segregation of the original assessment in Utility Local Improvement District No. 1.