Ordinance No. 84-44 q
CITY OF TIGARD, OREGON
•� ORDINANCE NO. 84-44
AN ORDIN®,NCE ADOPTING AN ASSESSMENT FjXHULA FOR THE 68TH PARKWAY STREET LOCAL
IleROVEMENT DISTRICT NO. 35, CREAT'a PURSUANT TO ORDINANCE NO. 83-31.
WHEREAS, following public hearings beginning April 25, 1983, the City Council
of the City of Tigard, at its regular meeting of April 25, 1983 passed
Ordinance No. 83-31 forming the 68th Parkway Street Local Improvement District
No. 35; and
WHEREAS, it is desirable to sell bonds before November, 1984; and
WHEREAS, on June 29, 1984, a letter was mailed by the City of Tigard to all --
real property owners within the boundaries of the 68th Parkway Street Lt;cal '
Improvement District No. 35 informing them of the proposed assessment on their
property, including the required notice of meeting location, time and
objection prfcess; and
WHEREAS, all proceedings to date have been in conformity with ORS 223.387 and
223.389 and TMC Title 13, and all procedures were regularly and lawfully
conducted;
hTHE CITY OF TIGARD ORDAINS AS FOLLOWS:
Section 1: The City Engineer has prepared an estimated total cost
of the 68th Parkway Street Local Improvement District No. 35. The
assessment to properties within the 68th Parkway Street Local
Improvement District No. 35 has been computed on a combination
formula of 50% area and 50% to frontage and is to be spread as
provided below:
Property Owner Property Description Assessment
Oregon Education Association 1S126DA 2300 $ 91,594
R. A. Feichtmeir/Frank Warren 1S136DA 101 & 102 84,877
Portland General Electric 1S136DA 100 56,010
PFEDCO, Inc. 1S136AD 6502 27,438
Henry E. & Dorothy White 1S136AD 200 56,447
Way W. Lee/General Contractor 1S136DA 2400 87,419
Total Assessment $403,785
Section 2: That upon passage of this ordinance the Finance Director
is directed ro record in the City's lien docket the assessments as
provided in Section 1.
Section 3: That t",-.-a Finance Director is further directed to notify
by mail each propei.-y owner of the assessment and to _provide
Bancroft applications for assessment payments in installments to
each.
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Section 4: Those property owners eligible to pay their assessments
in installments via the Bancroft Bonding Act, must return the
l completed application to the Finance Director no later than 4:30
p.m., July 27, 1984.
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PASSED: By Unanimous vote of all Council members present after being read by
number and title only, this 16th day of July, 1984.
a�J
Aeputy City Recorder - City of Tigard
APPROVED: This day of , 1984.
- City of Tigard
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