469 Utility Local Improvement Ordinance No. 674CITY OF YELM
RESOLUTION N0.469
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 O 1-019C 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.
Resolution # 469
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 27t~' Day of February, 2007.
AUTHENTICATED:
• ,~
Ag Bennick, City Clerk
PASSED and APPROVED February 27,.2007
Resolution #??? Page 2