HomeMy WebLinkAbout1962-353 ORDINANCE NO.
111
AN ORDINANOE 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, Wash-
ington, 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 property described as follows:
Lets 15, 16, 13, 20 and 21, 'Carriage Hill AdditiOn;
Lots 75, 77, 80, 81, 84 and 85, Carriage Hill Addition; and
Lots 65 through 67 and 87 through 99, Carriage Hill Addition.
Section 2. There is hereby created and established a Local
1)rovement District to be called "Local Improvement District No
which said district shall include all of the property described and
set forth 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 improve-
ment,, 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 said costs and expenses shall be borne by the City
All Water Department in accordance with Resolution No C-1051,'
Section 5. All of the work necessary to be done in connection
0 with the making of' said improvement shall be done by the City of
, Takima.
Section 6. There is hereby created a special fund to be called
"Local Improvement Fund District No eWi" into which shall be paid
all sums paid on account of the aforementioned special assessments,
including all interest and penalties thereon, and in the event of the
sale of local improvement bonds by this City, all premiums and in-
terest on said bonds issued for said improvement.
Section 7. Bonds bearing interest at the rate of ee. L5 per annum,
payable on or before L years from date of issuance, shall be issued
in payment of the costs and expenses of the 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 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 improvements
or assessments therefor, and shall become effective immediately upon
its passage, approval and publication as provided by the City Charter.
PASSED BY THE CITY COUNCIL, signed and approved this 18th day of
June, 1962.
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