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HomeMy WebLinkAbout1960-133 ORDINANCE AN ORDINANCE previding for the improvement of certain property by constructing a pipe sewer with the necessary wye branches and manholes; establishing a Local , Improvement District, providing for the method of payment thereof, and creating a special fund, BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. That the following property shall be improved by constructing a pipe sewer with the necessary wye branches and manholes: The South half of the Southeast quarter of the - Northwest quarter of the Northeast quarter of Section 27 Township 13 North, Range 18, E.W.M. All of said improvements shall be constructed in full accordance with the plans and specifications prepared by the City Engineer • and filed with the City Clerk. Section 2. There, is hereby created a Local Improvement District, to be called "Local Improvement District No.. " 9 which said district shall include all of the property adjacent to the above-mentioned improvements which are eubject to assess- ments, said property being described above. Section 5. The assessments shall be made according special 'oerefits derived from the improvomonto without regard to the one and termini method, Section 4, Al]. costs and expense e in connection with the const;ruction of said improvements, including the cost and expense of engineering, inepection, advertising, publicatiOn of notices, and all other expenses incident thereto, shall be • levied and assessed upon all of the property embraced within said Local Improvement District, in the manner and as provided by the Laws of the State of Washington and :the ordinances of the City of Yakima; and said City shall not bo liable in any manner for any portion of said costs and expenses of said improvement. Section 5. All of the aforesaid construction work shall be in accordance with the plans and specifications, profile uas and dctajled drawings which have been prepared by the City Engineer „ filed with the City Clerk, and which are hereby approved and adopted. Section 6. All of the work necessary to be done in con= . • nection with the matitng of said improvement shall be done and made by contract upon competitive bids; and the City shall have the power to :eject any and all bids. Section 7. There is hereby created a special fund, to be called Local Improvement Fund District No which shall be Placed all SUW3 paid on account o:17 the aforesaid special assessments, inelizding all interest, and penalties thereon; and in the event of the sale of local improvelt bonds by the City, all premium and interest on said bonds iosued for said improvement. Section 8. Bonds- bearing interest a:t the rate o f- per annum, payable on or before 2- years fro the date of issuance, shall be issued in paywont of the costs and expense of said improvement hich bonds oholl be redeemed by the col- - 2 - 111 lection of special assessments to be levied and assessed upon the property within said district, payable in ton equal annual installments with interest at the rate of per annum, interest payable annually, under the mode of payment "payment by bonds", as defined by the statutes of the State of liashing- ton and the ordinances of the City of Yakima. Section 9. This ordinance is one relating to local improvements or assessments therefor, and shall become effective immediately upon its passage, approval and publication as pro- vided by law and the City Charter. PASS.0 BY THE CITY COUNCIL, signed and approved this day of „ 1960. ie A e ( * . riayor ATTEST nC. OlalTk - 3 -