Loading...
HomeMy WebLinkAbout1959-025 P ' L') • ORDINANCE NO. -a 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 111 special fund. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. That the following property shall be improved by constructing the necessary mains, fire hydrants, valves, and other appurtenances for the purpose of supplying water for domestic use and fire protection= Beginning at the intersection of the centerline of Lincoln Avenue and Grandview Avenue; thence West to the centerline of 40 Avenue North; thence North to the North line of Kern Addition, thence Easterly along the North line of Kern Addition to the NE corner of Lot 10; thence Northerly along West line of Lot 1 to the NW corner of Lot 1, Kern Addition; thence East along the North line of Lot 1, Kern Addition to the centerline of 35g Avenue North; thence South to the North line Of Block 2 Flagg Addition; thence East to the centerline of Grandview Avenue; thence South to the point of beginning. • 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. M 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. 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 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 410 Resolution No. C-1051. Section 5. All of 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. Section 6. All of the work necessary to be done in con- nection with the making of said improvements 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. ____ 47 which shall be placed all sums paid on account of the aforesaid special assessments, including all interest, and penalties thereon; III 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 / % per annum, payable on or before /l 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 ___Z___ % 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 ordi- nances of the City of Yakima. III -2- do (' Section 9 . This ordinance is one relating to local improvements or assessments therefor, and shall become effective immediately upon its passage, ao)roval and publication as pro-- vided by law and the City Charter. • PASSED BY THE CITY COUNCIL, signed and approved. this day o, , 19 7/ Mayor ATTEST; Clerk of the Council 411 • -3-