449 LID Segregation
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.
Sectio~ 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. II.
ADOPTED by the Council of the City ofYelm, Washington at its regular meeting on
the 10th Day of November, 2004.
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AUTHENTICATED:
¡¿ 4t~ v!VÌ/¡(I(J
AW£~ Bennick, City Clerk
PASSED and APPROVED 77 ¡f..rJ J:¡)J¡ j I}» I ð) 2004