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HomeMy WebLinkAbout1962-317 ORDINANCE NO. 411 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 appurtenandesfor the purpose of supplying water for domestic use end fire protection; said improvements to serve the property described as follows: Lots 1 through 16, Peach Ten Addition Lots 1 through 23, Meadow Courts Addition Lots1 through 20, Block 1, Sutor Addition Lots 1 through 5, and 16 through 20, Block 2, Sutor Addition Lots 1 through 10, Block 3, Sutor Addition Lots 1 through 5 and 16 through 20, Block 4, . Sutor Addition East side of South 20 Ave. from Nob Hill Blvd. to Plath Ave. West side of South 20 Ave. from Nob Hill Blvd. to Plath Ave. Lots 1 through 11, Block 9, The Uplands Lots 1 through 6, Block 1, The Uplands Lots 1 through 5, Englewood Addition Lots 1 and 2, Westwood Addition Lots 11 through 16, Englewood Hill Addition East 132 feet of North 386 feet of Southwest Quarter of South- west Quarter of Southeast Quarter of Section 22, Township 13 North, Range 18, E.W.M. North 315 feet of West 2 acres of East 4 acres of Southwest Quarter of Southwest Quarter of Southeast Quarter-of Section 22, Township 13 North, Range 18, E.W.M. Section 2. .There is hereby created and established a Local Improve- ment District to be called."Local Improvement District Now J794," whiCh said district shall include all of the property described and set forth above® • Section 3. The assessments shall be made according to speCial 0 benefits derived from the improvements without regard to the zone and termini method. —1- • Section 4. A portion of the costs and expenses of said improvement 0 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 Water Department in accordance with Resolution No C-10510 Section5. All of the work necessary to be done in connection with the making of said improvement shall be done by the City of Yakima, Section 6. There is hereby created a special fund to be called "Local Improvement Fund •District No. 44_," into which shall be paid all sums paid on account of the aforementioned special assessments, in— cluding all interest and penalties thereon, and, in the event of the sale of local improvement bonds by this City, all premiums and interest on • said bonds issued for said improvement. Section 7. Bonds bearing interest at the rate of per annum, payable on or before 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 a n i approved this l day of February, 1962. ATTEST Mayor y Clerk