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Res 03-401RESOLUTION NO. 03-401 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, WASHINGTON, APPROVING AND CONFIRMING THE SPECIAL ASSESSMENT ROLL FOR LAKE MANAGEMENT DISTRICT NO.1 FOR STEEL LAKE. WHEREAS, on October 21, 2003, the City of Federal Way adopted Ordinance No. 03-452 creating a lake management district known as Steel Lake Management District No. 1 ("District"); and WHEREAS, notice and hearing requirements for establishing the roll of rates and charges for the District pursuant to RCW 36.61.120 and RCW 36.61.140 have been satisfied; and WHEREAS, the City of Federal Way conducted a public hearing on November 18, 2003 for the purpose of hearing objections to the assessment roll proposed for Steel Lake Management District No. 1; and WHERAS, after consideration of the assessment roll, the City Council has determined to order the roll confirmed as presented; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY HEREBY RESOLVES AS FOLLOWS: Section 1. Assessment Roll Confirmed and Approved. The City Council of the City of Federal Way hereby confirms and approves the special assessment roll attached hereto as Exhibit "A" and by this reference fully incorporated herein. A copy oftl~e assessment roll shall be filed with the City Clerk. Res. # 03-401 Page 1 ORIGINAL Section 2. Method of Payment. Rates and charges for the Steel Lake Management District No. 1 shall be included in King County's local improvement district tax statements. The total amount of the Steel Lake Management District No. 1 rate and charge shall be due and payable on or before the 31 st day of May and shall be delinquent after that date. Payments received after the due date will be subject to a simple interest charge of 12 percent per annum (or 1 percent per month). Section 3. Notice. (a) In accordance with the procedures set forth in RCW 36.61.190, the City shall cause to be published in a newspaper of general circulation in the lake management district a notice indicating that the special assessment roll has been confirmed and that the special assessments are to be collected. (b) Within ten (10) days of such publication, the City shall mail notice to each owner or reputed owner of property whose name appears on the special assessment roll of the annual special assessment due. Section 4. Severability. If any section, sentence, clause or phrase of this resolution should be held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of any other section, sentence, clause or phrase of this resolution. Section 5. Ratification. Any act consistent with the authority and prior to the effective date of the resolution is hereby ratified and affirmed. Section 6. Effective Date. This resolution shall be effective immediately upon passage by the Federal Way City Council. Res. # 03-/401 Page 2 WASHINGTON, this RESOLVED BY THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, 18th day of l~ovember ,2003. CITY OF FEDERAL WAY MAYO,?,~I~EANNE BURBIDGE ~ CITY CLERK, N. CHRISTINE GREEN, CMC APPROVED AS TO FORM: PATRICIA A. RICHARDSON, CITY ATTORNEY FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL: RESOLUTION NO. 03-401 11/06/03 11118103 Res. # 03-401 Page 3 EXHIBIT A Steel Lake Management District No. 1 Assessment Roll Res. # 03-401 Page 4 C)