HomeMy WebLinkAbout1963-454 ORDINANCE NO.
AN ORDINANCE providing for the improvement of certain property by con-
., structing 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 special fund.
BE IT ORDAINED BY THE CITY OF YAKIMA: .
Section 1. That certain property in the City of Yakima, Washington,
shall be improved by the.construction of necessary mains, fire hydrants,
valves and other appurtenances for the purpose of supplying water for
domestic use and fire protection, said improvements to serve the prop-
erty described as follows: •
Lots 11 through 20, Block 3, and Lots 19 and 20,
Block 4, Sutor Addition.
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,Section 2. There is hereby created and established a Local Improve-
ment District to be called "Local Improvement District No."1/22," which
11 1 said district, shall include all of the property described and set -forth
above,
Section 3. The assessments shall be made according to special benee
fits 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, publication 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 eaid costs and expenses shall be borne by the City Water Department
in- accordance with Resolution NO, Ce1051.
• Section 5. All of the aforesaid construction work shall be in
accordance with the plans and specifications, profiles, maps and detailed
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drawings whie have' been preomred by t City Eni:v.iser, filed with•the
City Merk, and wh are hereby approved and adopteth, All -of the work
410
neces5ary to be done in connection With the making of said iMprovements
21 be, done and made by centrac lipo n. competitive bids, and the City
bid
shall haVe th.- an
0er to an d all olds.
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, • . Section 6... 'There is hereby created a special fund to be called
"Libal Improvement Fund, District No. ?/e2„” into which shall be paid
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all sums paid on account of the afbrementioned specil assessments, in .
cludjng ala interest and lties thereo:o, and, in the event of the sale
of loca'l ktprOveftent bonds by the City,! all premium s. and interest on said
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belids• issued for said ifiprovements.
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•6ection 7 Bands interost at the rate of 4: per annuM, pay-
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. able . on.or 'befone 1. - years fro rq 'Jae of issuance, shP-,13 be issued in'.
payment of the oasts and expenses of the said improveMents which bonds --
410 shall .bo redeemed by the collection of special assessments to be levied
and assessed !upon. the property Within said district; payable in ten
annual instalimentsi with interest at the rate of 4% per annum, interest
Payable annually Under the mode of payment npayment by bonds," as defined
by the !statutes of' the State of Washington and .he ordinances. of the City
of Yalf,Jma:, provided that, this improvement may be financed by the issu-
ance of promissory notes, under the authority of RCJ 35..45.a50...
Section . ,..c.L This ordinance is. one relating to local improvements or
. assessments therefor and shall . become effective immedliately uon its
. passage, approval and publication as provided hv law and the City Charter,.
PASSED BY THE CITY COUNCIL sinod and approved thJP. 21,„th day of'
June, 1963. . .
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410 ATTEST:
frii...„...e._., .... ,
' 1K mayor
. • , i 4:3 4 : .- / - 1City Clerk
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