Ordinance 812-81 - Laserfiche WebLink

• • 1 Section 6: All the work necessary to be done in connection with the making of 2 such improvement shall be done and made by contract upon competitive bids and the 3 City shall have and reserves the right to reject any and all bids. The call for bids for 4 work authorized pursuant to this ordinance shall include a statement that payment for 5 such work will be made in cash warrants drawn upon the "Local Improvement Fund, 6 District No. 709." 7 Section 7: There is created and established in the office of the Treasurer of 8 the City for Local Improvement District No. 709 a special fund to be known and 9 designated as "Local Improvement Fund, District No. 709," into which fund shall be 10 deposited the proceeds from the sale of revenue warrants drawn against the fund which 1 may be issued and sold by the City and collections pertaining to assessments and any 12 federal and state grants received therefor, and against which fund shall be issued cash 13 warrants to the contractor or contractors in payment for the work to be done by them 14 in connection with the improvement, and against which fund cash warrants shall be 15 issued in payment for all other items of expense in connection with the improvement. 16 Section 8: The City Council finds that certain property owners, within the 17 benefit area of Local Improvement District No. 709, as hereinafter defined, are 18 economically disadvantaged under the authority of RCW 35.43.250 (Ch. 137, § 2, Laws 19 of 1972, 1st Ex. Sess.). 20 A. For the purposes of this ordinance, an "economically disadvantaged 21 property owner" shall include owners occupying a single-family residential dwelling unit • 22 which is located on a lot suitably zoned and with sufficient area for economically 23 feasible multiple-unit residential development and/or commercial development; 24 provided, however, such a single-family residential unit must be occupied by its owner 25 as hereinbelow defined; provided, further, the property upon which such dwelling is 26 located must have no other existing use, including but not limited to other residential 27 units and/or commercial uses, during the period of deferral which is hereinafter 28 provided. 29 B. "Owner" for the purposes of this section of this ordinance shall mean the 30 property owner or other person who, under the terms of a recorded contract for 31 32 -5-