HomeMy WebLinkAbout1959-026 ORDINANCE
AN ORDINANCE providing for the improvement of certain property by
constructing a pipe sewer with the necessary wye
branches and manholes, establishing a Local Improve-
ment District, providing for the method of payment
thereof, and creating a special fund.
BE IT ORDAINED BY THE CITY OF YAKIMA:
411
Section 1. That the following property shall be improved
by constructing a pipe sewer with the necessary wye branches and
manholes:
Lots 1 to 32 inclusive of Kern Addition
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..474f
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
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 of the aforesaid construction work shall
be in accordance with the plans and specifications, profiles, mans
and detailed drawings which have been prepared by the City Engineer,
filed with the City Clerk, and which are hereby ap';)roved and adopted.
Section 6. All of 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 special fund, to be
• called "Local Improvement Fund District No. 0, 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 8. Bonds bearing interest at the rate of 9 %
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 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 J % 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
the City of Yakima.
Section 9. 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 TH. CITY COUNCIL, signed and approved this
day of>7.1MuZde(-44 1959.
(_Y
Mayor
ATTLST:
(tie K of the Council
-2-