HomeMy WebLinkAbout1959-033 C!)
ORDINANCE NO. Y.?
AN ORDINANCE providing for the improvement of certain property
by grading, ballasting and surfacing with asphaltic .
concrete, establishing a Local Improvement District,
providing for the method of payment thereof and
creating a special fund.
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BE IT ORDAINED BY THE CITY OF YAKIMA: .
Section 1. That the following alley -shall be improved
by grading, ballasting .and surfacing with asphaltic concrete: . •
Alley West from North 1st Street 325 feet
,South of and parallel to Oak Street. •
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. " ,
which said district shall include all of the property adjacent to
the above - mentioned improvements which are subject to assessments,
said property being described above. •
• Section 3. The assessments shall be made according to
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• special benefits derived from the improvements without regard to
the zone and termini method. •
Section 4' All costs and expenses in connection with the
construction of said improvement,..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 Yakima; and said
City shall not be liable.in any manner for any portion of said
costs and expenses of said improvement.
Section 5. All �f the aforesaid construction work shall be
in accordance 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.
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Section 6. Allof the work necessary to be done in con-
nection with:the making of said improvement shall be done and made
by contract upon, competitive bids; and the City shall have the
power to reject any and all bids.
Section 7. There is hereby, created a spebial fund, to be
110 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 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 B. Bonds bearing interest at the rate of
4 77 70
per annum, payable on or before //, years' from the dateof
issuance, shall be issued in payment of the.costs expense of
said improvement, which bonds shall be redeemed by the collection
of special assessments to be levied and assessed upon the property
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within said district, payable in ten equalannual installments
with interest at the rate of per annum, interest payable
• annually, under the mode of payment "payment by bonds", as defined
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by the statutes of the State of Washington and the ordinances of
the City of Yakima
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Section 9. This ordinance is one relating to local improve-
ments or assessments therefor, and shall become effective immediately
upon its passage, approval and publication as provided by law and
the City Charter.
PASSED BY THE CITY COUNCIL, signed and approved this
day of „l ; 1959.
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Mayor
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.ATTEST: y - •
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