HomeMy WebLinkAbout1959-015 7
ORDINANCE NO.
AN ORDINANCE providing for the improvement of certain property by
installing concrete curbs and gutters and concrete
sidewalks, establishing 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 street shall be improved by
installing concrete curbs and gutters and concrete sidewalks:
On the East side of Fifth Avenue from Walnut Street
to Chestnut 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 d;L4L._ 7
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
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 Dis-
trict, 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, maps
and detailed drawings which have been prepared by the City Engineer
filed with the City Clerk, and which are hereby approved and adopted.
. _11
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. Pi7c'' ", 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 ( %
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 % 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
111 ordinances of the City of Yakima.
Section 9. This ordinance isone 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 THE CITY COUNCIL, signed and approved this
day of 1959.
C:1171-7 P
Mayor
ATTEST:
the
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