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HomeMy WebLinkAbout1960-134 • ek 411 oroxarkNoE NO AN ORDINANCE providizg for the improvement of certain property b constructing the necessary mains, fire hydrants, valves and other appurtenances for the purpose of supplying water for domeAic use and fire protection; establishing a Local Improvement District, providing for the method o: payment thereof, and creating a special fund. BE IT OEM:CITED i TITO CITY OF YAKIMA: Section 1. That the property in the City of Yakima Washingten, shall be iloproved by the construction of necessary mains, fire hydrants, valves and other appurtenances for the purpose of supplying water for domestic use and fire protection; -said improvement to serve the property described as follows: 1. Lots 1 to 15 inclusive Edgewood Addition 2 The 3out1i half of the Southeast quarter of the Northwest Quarter of the North. east quarter of Section 27, Township 13 North, Range 13, E.W. Section 2. Thel-e is hereby created and established a Local Improvemmt Distrf to be calla "Local improvement which said district sh=111 include all of the propety described and s forth abow). Section 3. The s aens shall be nade according to special benefit3 derived from the imorovements without regard to the zone and te:oini method. Section 4, A. portion of the costs and expenses of said improvement inc:'.uding engineering, inspection, advertising, publication of notices, if any and all other e:v3enscs incident thereto, shall he 1.(r,.fied and ase:ised against all of the property ' . II I legally and properly assessable therefor as provided by law and as above f.escr1bed and the balance of the . said costs and expeilses shall be borne by the City Water Department in accord ance with Resolution No.. 0-10510 Section' 5. All of the work necessary to be done in cOnneCtion with tho making of said improTement shall be done by the City of Yakima. Section 6 There is hereby created a special fund to be called "Local Imrovement Fund District No fl into 'which shall be paid all sums paid on account of the aforementioned sT;ecial assessment including all interest and penalties thereon; ard in the event of the sale of local im- 41 0 provement bonds 1, this City, all premiums and inteest on said bonds issued for said improvement, Section 7,, Bonds bearing interest at the rate of V % per E payable on OT before / )--- years from date of f.,ss7.:.ance shall be isr:med in payment of 'the costs and 7,f,penoes of the 2aid improvementi which bonds s be rodecemed by th.,1 collection of special asSesam.e7Ats to be• levied and : he nrop,7:rty within said distict,. payable' in ten, annual intalint interest a the rate of per -7 ,-,- 11-) - - annually under the a ,,, .,"...,..., .A.„,,,J.,,„ _ 1 , ., ,_ mode of payment ''pamt by bonds as defined by the statutes o± the State of Washir.gton and the ordinances of the City of vakjiaa. • • . . . . _ _ ::. , „„ ., , . . . . ' - • Sectio B. Thi s ordinance is one relating tri local imPrc.,veyeents or F1133eSgMelltS therefor, and shall become effec- .. - Live 'Tallied:lately upon its passage approval and publication a provided by the City Charter. PASSED 13 THE CITY. COUNCY,L „signed and approved this day og 1960. ATTESTt • >4 :/ - - 7' 71 ity - tiTP 7 ) - Z •