LID Res stf report
City of Yelm
STAFF REPORT
To: Mayor Adam Rivas Yelm City Council
From: Tami Merriman, Assistant Planner
Date: April 19, 2005 (for April 27, 2005 City Council Meeting)
Subj: Resolution # 452 - Buckhorn Estates LID Segregation
Exhibits:
Application for Segregation of LID Assessment
Resolution No. 452
Exhibit A — Current Parcel Configuration Map
Exhibit B — New Parcel Configuration Map
Exhibit C — Segregation of Assessment
Exhibit D — RCW § 35.44.410
Recommendation
Staff recommends adoption of Resolution No. 452 authorizing the requested segregation of the original assessment to Tax Parcel # 21713310101 in 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.
Current Situation
The number of Equivalent Residential Units currently assigned to this parcel is 4, 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 property owner Barry Howard has submitted the required application and fee for processing the segregation request.
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.
This resolution will become effective immediately upon adoption by the City Council.