Loading...
HomeMy WebLinkAbout1960-124 '7J1 073DINANCE No.„4 AN ORDINANCE Providing for the improvement of certain property by grading, ballasting, surfacing with asphaltic concrete, constructing concrete curbs and gutters, together with necessary drainage features; estab- lishing a Local Improvement District, providing for the method of payment thereof, and creating a special fund. BE TT ORDAINED BY THE CITY OP YAKIMA.: Section 1. That the following streets shall be improved by grading, ballasting, eurfacing with asphaltic concrete, con- structing concrete curbs and gutters together witb necessary drainage features: 1. Eat half of North 58th Avenue from Englewood Avenue to a point 95 feet more or less south of Douglas Drive. .1 2 Douglas Drive from 58th Avenue to 57th Avenue. 3 North 57th Avenue from Douglas Drive to a point 4.30 feet more or less North of Richey Road. Section 2 That the fortowing alleys shall be improved by grading ballasting and eirfacing with asphaltic concreteg 1. Alley in Block 25, The Town of North Yakima. 9 (3 2, South 100 feet of Alley in Block 89 The Town of Worth Yakima. Alley leeated between South 13th Avenue and South ‘19th Avenue, Bonnie Doon Avenue to Lombard Lane. All of said improvemente shall be constructed in full accordance with the plans and specifications prepared by the City Engineer and filed with the City Clerk. Section 3. There is hereby created a 'Local Improvement District, to be called "Local Improvement Dietrict No. 41/ . - 0 • which said district Shall include all of the property adjacent to the above-Mentioned improvements which are subject to assess- , ments, said property being described above. Section 4. The assessments shall be made according to special benefits derived from the improvements without regard to the zone and termini method. Section 5. All costs and expenses in connection with the construction of said improvements, including the cost and expense of engineering, inspection, 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 ' III Yakima; and said City shall not be liable in any manner for any portion of said costs and'expenses of said improvement. Section 6. All of thd aforesaid construction work shall be in accordanoe with the plans and specifications, profiles, maps and detailed drawings which have been prepared by the City Engineer, filed with the City Clerk, and which are hereby approved and adopted. Section 7. All of the work necessary to be done in eon. nection with the making of said improvement ehall be done and made by contract ubon competitive bids; and the City shall have the power to reject any and all bids. Section 8. There is hereby created a special fund, to be called "Local Improvement Fund District into which 411 shall be placed all sums paid on account of the aforesaid . 2 . . 411 special assessments, including all interest, and penalties thereon; and in the event of the sale of local improvement bonds by the City, all premium and interest on said bonds issued for said improvement. Section 94 Bonds bearing interest at the rate of .1J , per annum, payable on or before years from the date of issuance, shall be issued in payment of the costs and expense of said improvement, which bonds shall be redeemed by the col- lection of special assessments to be levied and assessed upon the property within said district, payable in ten equal annual installments with interest at the rate of 4 7 % per annum, interest payable annually, under the mode of payment "payment by bonds", as defined by the statutes of the State of "Tashington 111 and the ordinances of the City of Yakima. Section 10. This ordinance is one relating to local improvements or assessments therefor, and shall become effective immediately upon passage, approval and publication as pro- vided by law and the City Chnrter. PASSED BY TIF. CITY COUNUIL signed and approved this day o± June, 1960. / ATTEST: • / y 3