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15 <br />Section 18. COLLECTION/FORECLOSURE. <br />Whenever any annual assessment under this ordinance shall be delinquent for more than thirty <br />days, the entire annual assessment shall be due and payable and shall constitute a lien on the <br />property assessed, and the collection thereof may be enforced through foreclosure action on the <br />property assessed in the manner as provided for collection and foreclosure of local improvement <br />district assessments pursuant to Title 35 RCW, including but not limited to Chapters 35.44, <br />35.49, and 35.50, and applicable provisions of the Everett Municipal Code. Alternatively, or as a <br />cumulative remedy, the delinquent assessment may be collected from the owner liable therefor by <br />civil action in either district or superior court. <br />Section 19. TERMINATION OF BIA. <br />The BIA and the special assessment levy therefor shall terminate within one year (or such longer <br />period as set forth in the termination petition) from the date of submission to the City of a <br />petition containing the signatures of the owners of property in the BIA who pay fifty percent or <br />more of the annual special assessment amount for the BIA, requesting termination of the BIA and <br />special assessment levy, or by Resolution and Ordinance of the City Council. The BIA and the <br />special assessment levy therefor shall continue for a period of five years unless, at least ninety <br />days prior to such termination, a petition is submitted to the City requesting the continued <br />existence of the BIA, with such petition containing the signatures of the owners of property in the <br />BIA who will pay fifty percent or more of the annual special assessment for the BIA. <br />Section 20. CHANGES IN BUDGET. <br />If the City Council finds that: (1) by reason of changed conditions or unanticipated <br />circumstances, it is in the best interest of the participants in the BIA to provide changes to the <br />approved budget; or (2) changes in the approved budget are necessary in order to best meet the <br />objectives or purposes for which the BIA was formed; or (3) the total assessments collected .are <br />greater or less than anticipated, or the actual cost of a particular program or service is greater or <br />less than anticipated, then the City Council may, by ordinance, amend the budget and reallocate <br />the funding for the particular programs or services to be provided, and to provide funding for <br />such other purposes as may be necessary, as determined by the City Council, to best serve the <br />purposes for which the BIA was formed, in light of the conditions or unanticipated circumstances <br />which then exist. <br />Section 21. DISESTABLISHMENT OF AREA - ASSETS AND LIABILITIES. <br />In accordance with RCW 35.87A.190, upon disestablishment, termination and dissolution of the <br />BIA, any proceeds of the special assessments or assets acquired with such proceeds, or liabilities <br />incurred as a result of the formation of such BIA, shall be subject to disposition as the City <br />Council shall determine; provided, however, that any liabilities, either current or future, incurred <br />as a result of action taken to accomplish the purposes of RCW 35.87A.010 or the purposes of the <br />BIA shall not be an obligation of the General Fund or any special fund of the City of Everett, but <br />