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HomeMy WebLinkAbout1960-109 °Rpm= © _ 110 AN ORDINANCE providing for the improvement of certain property by grading, ballasting, surfacing with a;phaltic concrete, constructing coner.te curbs and gutters, together with necessary drainage features. estab- lishing a Local Improvement District, providing for the method of payment thereof, and creating a zpecial fund. BE IT ORDAIFED BY THE CITY OF YAKIMA: Section 1. That the following streets shall be improved by grading, ballasting, surfacing with asphaltic concrete, con- structing concrete curbs and gutters, together with necessary drainage features: ■INEw■ni.ms &us/ants& . oulmeir &WM r =IMP; :am . Avenue. 2- - . , - . s r a 3. Cul-de-sac on North 39th Avenue North of Lincoln Avenue. r . 4 1,4 , to a point 167 foot Wee- s A ,-- Section 2. That the following alley ehall be improved by grading, ballasting and surfacing with asphaltic concrete: 1. Alley in Block 267, the Syndicate Subdivision. All of said improvements shall be constructed in full accordance with the plane 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 District No.11 If 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. 1 e e according t Section �. The assessments sha l '� mad ec ®r i.ng ® special benefits derived from the improvements without regard to the zone and termini method. Section 5e All costs and expenses in connection with the construction, of said improvements, including the cost and expense of cangineering, 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 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 the aforesaid construction work shall be in accordznee 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 con- nection with the making of said improvement shall be dome and made by contract upon competitive bids; and the City shall have the power to reject any and all bids. Section >* o There is hereby created a special fund, to be called "Local Improvement Fund District No. ", into which shall be placed all sums paid on account of the aforesaid special assessments, including all interest, and penalties there• on; and in the event of the sale of local improvement bonds by the City, all premiuo and interest on said bonds issued for ,aid improvement. Section 9. Bonds bearing interest at the rate of per annum, payable on or befort /1 years fro the date of issuance, shall be issued in payment of the costs and expen.e of 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 equal annual installments with interest at the rate of 4 per annum, interest payable annually, under the mode of payment "payment by bond-" as defined by the statutes of the State of Washington 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 its passage, approval and publication as pro- vided by law and the City Charter. PASSED BY THE CITY COUNCIL, signed and approved this day of ■40Card g 19600 / t e-- w „4. diiwo 'ayor ATTEST: - 3 -