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HomeMy WebLinkAbout1959-023 • ORDINANCE AN ORDINANCE providing for the improvement of certain property by grading, ballasting, surfacing with asphaltic concrete and constructing concrete curbs and gutters, together with necessary drainage features, estab- lishing a Local Improvement District, providing for the method of payment thereof and creating a special fund. BE IT ORDAINED BY THE CITY OF YAKIMA:, Section 1. That the following streets shall be improved by grading, ballasting, surfacing with asphaltic concrete and constructing concrete curbs and gutters, together with necessary drainage features:' 1. N 1 /2 of West Pierce Street from SolAh• 10Avenue to South 14q" Avenue, 2. S 1 /2 of King Street from South 15t. Avenue to South 14t Avenue, 3. South 15t Avenue from King Street to West Pierce Street, 4. West /2 of South 14tJ Avenue from King Street to • West Pierce Street, 5. .North 37t Avenue from Lincoln Avenue to a point •486 feet more or less South thereof. All of said improvements shall be constructed in full accordance 111 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. All costs and expenses in connection with the con- struction of said improvement, including the cost and expense of • engineering, inspection, advertising, pulication 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 4. 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 dopted. Section 5. 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 6. There is hereby created a special fund, to be called "Local Improvement Fund District No.A", 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 7. Bonds bearing interest at the rate of per annum, payable on or before _42:1% 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 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 8. 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 /7 day of 1959. If e , r Mayor ATTEST: a . 01m1 Per]eof the Council -2-