452 Lid Segregation
CITY OF YELM
RESOLUTION NO. 452
A RESOLUTION OF THE CITY OF YELM, WASIDNGTON 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 21713310101 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 are 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 01-038 of
Utility Local Improvement District No.1 as described in the adopting ordinance
and identified as Thurston County Assessor tax parcel number 21713310101.
Resolution #452
Section 3. Segregation shall result in 4 new parcels with proportional
assessments representing one Equivalent Residential Unit apiece as shown on
Exhibit B. The sum of the amended assessments shall total $7,292.60 and equal
the original assessment amount before segregation. The combined remaining
principal balance of these assessments shall total $4,861.75 and equal the
remaining principal balance before segregation.
ADOPTED by the Council of the City ofYelm, Washington at its regular
meeting on the ~ 9Pl of April, 2005.
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Achç Rivas, ¡Mayor
,
AUTHENTICATED:
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AgnetÐennick, City Clerk
PASSED and APPROVED tÍ}Ai./ .:/~
2005
Resolution #452
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