HomeMy WebLinkAbout1959-036 ,
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ORDINNCE yo,g4„
411
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.
DE IT ORDAINED BY THE CITY OF YAK
Section 1. That the property in the City of Yakima, Wash-
ington,' shall be improved 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 improve-
ment to serve the property described as follows:
E. 36 of SW., NWY4, Section 27, Townehip 13 Worth,
Range 18, E.W.N.
11 1 Section 2. There is hereby created and established a Local
Improvement District, to be called "Local Improvement District No
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 expenses of said
improvement including engineering, inspection, advertising, publi-
cation of notices, if any, and all other expenses incident thereto,
shall be levied and assessed against '411 of the property legally
and properly assessable therefor, a$ provided by law and as above
described, and the balance of the said costs and expenses shall be
II I borne by the City Water Department in accordance with Resolution
No. 0-1051.
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Section 5, All of the work necessary to be done in con-
., nection with the making of e...lid improvement shall be done by the
City of Yakima.
Section 6 There is hereby created a special fund to be
called "Local Improvement Fund Idstrict No. Afz ?? into which
shall be paid all sums paid on aCcount of the aforementioned
special assessment, including all interest and penalties thereolt;
and in the event of the sale of local improvement bonds by this
City, all premiums and intere2t on slid bonds issued for said
improvement.
Section 7. Bonds bearing interest at the rate of
per annum, payable on or before .. ,,,4P-years from date of issuance
shall be issued in payment of the costs and expenses of the said
III 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 a1 the rate of __ 5r, per annum, interest payable annually
‘.
under the mode of payment "Dayment by bonds" c26 defined by the
statutes of the State of. Washington and the ordinances of the City
of Yakima.
Section S'.: This ordinance is one relating to local improve-
mente or assessments therefor, and shall become effective immediately
upon its passage, approval and publication as provided by the City
Charter.
PASSED BY THE CITY COUPCIL, signed and approved this
day of ae, 1, 1959.
III /
ATTEST: %11/ q . ,;
Mayor
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