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.'1 <br /> 267 <br /> July 18,1990 36] F I�f <br /> Protest Letter 3 from Leiboltl Partnership, 215 SM Everett Mall Way, <br /> owners <br /> of Parcel 13,was read. Michael Leiboltl testified that they I1kl �t <br /> had to donate property for the LID improvements while Other property <br /> ownerswere paid for their property. He also stated that !_`' <br /> eecurity was s required for their business due to the increased <br /> visibility. <br /> Nr. Jones stated that the Lelbold's property donation equired <br /> 1n the SEPA review of the development of the property. i11 <br /> Protest Letter A from Shulman 6 Waddell Partnership, n aI�$I�I ' <br /> parcel 15, was read. Mr. Waddell protested that the ers final <br /> assessment was 63% above the preliminary assessment. Mr. Jones <br /> explained that the analysis for the preliminary assessment is very <br /> preliminary and is done for the benefit of Council to be sure that <br /> the cost of the improvements will not exceed the special benefit. <br /> He ass <br /> ured N Waddell that the City is very careful to stress that 1111 <br /> the p li i ry. figures cannot berelied upon for .the final ltd <br /> assessment. �'� <br /> V( <br /> Protest Letter 5 from William and Barbara King,owners of parcel 16, <br /> was reed. Jack Cole, representing the Kings, testified that the I0`'�' <br /> assessment on this property was too high. <br /> President Pope asked if there as any other property owner within 3 Idi <br /> the LID who has not filed written protest but wishes to file a <br /> written protest now <br /> d address the City Council regarding his yP <br /> concerns. Na morewritten protests.:were received and no a replied. Y <br /> Paul Iverson, appraiser, 11]15 SE 5th Street, Bellevue, reported In <br /> that at the directs f theCity,he performed appraisals an Parcel WO <br /> 15, Shulman 8 Waddell Partnership, and Parcel 1 K S Associates. •'l a5 � <br /> Both appraisals exceeded the evaluations doneby Buddy Brooks. Both Ii <br /> properties receive special benefit P theimp t G <br /> Nr.Jones asked that the appraisal b entered exhibits. 1I <br /> L <br /> Exhibit D <br /> Exhibit 5 Procel 16 ra1 5a1 by oII , <br /> Novel by Councilman Morrow, seconded by Council Gipson to close <br /> the public hearing. I 1, <br /> President Pope asked if anyone else wished to speak and no one 'Ili i <br /> replied. { <br /> Roll was called with all councilmen voting yes.except Councilmen Igo 1 <br /> Diamond and Overstreet who were excused. Hii <br /> 11 `t <br /> Motion carried. 01111' <br /> 61 II <br /> Fi <br /> 1 1 <br /> Al <br /> 1 <br />