HomeMy WebLinkAbout1960-110 ORDINANCE N0./Z.0*,
AN ORDINANCE providing for the improvement of certain property
by constructing the necessary mains, fire hydrants,
valves and other appurtenances for the purpose of
supplying water for domestic use and fire protection; •
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 property in the City of Yakima, •
waehington, shall be improved by the construction of necessary
mains, fire hydrants, valves and other appurtenances for the
purpoie of supplying water for domestic use and fire protection;
said improvement to serve the property described as follows:
Blocks 1 2, 3, 4 and 6, Central Addition
and the North 878 feet of the East 120 feet
of the Northwest quarter of the Northeast
• quarter of Section 13, Township 13 North,
Range 18, E.W.M.
Section 2. There is hereby created and established a
Local Improvement District, to be called "Local Improvement
District No. _ 1 2 which said district shall include
all of the property described and set forth above.
Section 3. The assessments shall be made according
to special benefits derived from the improvements without
regard to the zone and termini method.
Section 4. A portion of the costs and expense8 of
said improvement including engineering, inspection, adver-
tising, publication of notices, if any, and all other expenses
incident thereto, shall be levied and assessed against all
of the property legally and properly assessable therefor, as
provided by law and as above described, and the balance of
the said costs and expenses shall be borne by the City Water
Department in accordance with Resolution No. 0-1051.
Section 5. All of the work necessary to be done in
connection with the making of said improvement shall be done
by the City of Yakima.
Section 6. There is hereby created a special fund to
be called "Local Imprdvement Fund District No.
into which shall be paid all sums paid on account of the
aforementioned special assessment, including all interest and
penalties thereon; and in the event of the sale of local im-
41 1 provement bonds by this City, all premiums and interest on
said bonds issued for said improvement.
Section 7. Bonds bearing interest at the rate of
___4eLg per annut, payable on or before / year
-------..
from date of issuance shall be issued in payment of the costs
and expenses of the said improvement, which bonds shall be
redeemed by the collection of special assessments to be
levied and assessed upon the property within said district,
payable in ten 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 Washington and the ordinances of
411 the City of Yakima.
2
III
Section S. This ordinance is one relating to local
improvements or assessments therefor, and shall become
effective immediately upon its passage, approval and publi-
cation as provided by the City Charter.
PASSED BY THE CITY COUNCIL, signed and approved this
2%
Z.-- day of April, 1960
77 .
—
r
--------/ 1. _ .., ,
e
. _
layor
ATTEST:
, ...
,%.---z
III „Aim; -OTT TT-or-
III .. 3