HomeMy WebLinkAbout1962-406 ORDINANCE NO ,;C
III AN ORDINANCE providing for the improvement of certain property by
grading, ballasting urfacing with asphaltic concrete,
constructing concrete curbs and gutters, together with
necessary drainage features; establishing a Local Im-
provement 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,
VOIni.m
ballasting, surfacing with asphaltic concrete, constructing concrete
curbs and gutters, together with necessary drainage features
North Half of West Viola Avenue from 133.84 feet West of
South 28th Avenue to the center line of South 31st Avenue.
The West end of Mary Lin Drive and Barge Street, each of
which constitute a Cul-De-Sac.
Section 2. There is hereby oreated a Local Improvement District,
to be called "Local Improvement District No.4L" which said district
II I 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 con-
struction of said improvements, including the cost and expense of
erigineering, inspection, advertising, publication of notices, and ail
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
Amk 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 im-
provement
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Section 5. All of the aforesaid construction work shall he in
40 accordance with the plans and specifications, profiles, maps and de-
tailed 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 connection
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. ," into which ohall 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.
• Sectioa84 Bonds bearing interest at the rate of . „ . t .. ._01', per annum,
payable on or before , ZA!,./ . ears from the date of issuance, shall he
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 (4 eer
.--)..
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; provided that, this improveme'fit
be financed by the issuance of promissory notes, under the authority
of R.C.W. 35.45.150.
Section !. This ordinance is one relating to local improvements
or assessments therefOr and shall become effective immediately upon
III its passage, approval and publication as Provided by law and by the
City Charter.
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PASSED BY THE CITY COUNCIL, signed and approved this 28th day of
410 December, 1962.
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