Chapter 14.20
LATECOMERS AGREEMENT

Sections:

14.20.010    Latecomers agreement contract conditions.

14.20.010 Latecomers agreement contract conditions.

A. The city is authorized to enter into agreements with the owner of real estate, for a period not to exceed 12 years, to reimburse the owner of the real estate, their heirs, successors and assigns requiring benefited adjacent property owners to reimburse if they did not contribute to the original costs of the following facilities, and who subsequently tap into or use the same, for their fair pro rata share of the costs of construction of storm, sanitary or combination sewers, pumping stations and disposal plants, water mains, hydrants, reservoirs or appurtenances, design, grading, paving, installation of curbs, gutters, storm drainage, sidewalks, street lighting, traffic controls and other similar improvements.

B. The agreement shall be binding upon the heirs, successors and assigns of the parties.

C. The agreement shall not exceed 12 years.

D. The city shall deduct 10 percent out of all funds received for costs of administration. The amount received for normal hookup charges shall not be part of the agreement and shall be paid directly to the city.

E. The list of improvements described in this chapter are general in nature and the agreements may include all costs incurred in the installation of public utilities.

F. The procedure for assessments against property owners shall be as established under Chapter 35.72 RCW for street improvements, and Chapter 35.91 RCW for water and sewer improvements.

G. The city clerk shall record the contract with the King County auditor’s office within 30 days of the execution of the agreement.

H. The contract shall be completed and executed within 30 days after completion of construction. (Ord. 1585 §§ 1 – 8, 1988).