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HomeMy WebLinkAbout1961-257 • c</ ORDINANCE NO AN ORDINANCE providing for the improvement of certain property by grading ballasting surfacing with asphaltic concrete constructing concrete curbs and gutters, together with necessary drainage features; and constructing sidewalks on certain portions of said improvement; establishing a Local Improvlment District proviaing for the method of payment thereof, and creating a special fund. BE IT ORDAINED Br THE CITY OF YAKIMA: Section 1. That the, following streets shall be improved by grading ballasting, surfaeilm with asphaltic concrete and constructing concrete curbs and gutters, together with necessary drainage features: 1 Lincoln Aye. from 32nd Ave. to 35th Ave. 2. Sumet Ave. from 40th Ave. to 46th Ave. 3. 34te Ave. from Lincoln Ave. to Jefferson Ave. 4. West 36 35th Ave. from Lincoln Ave. to Roosevelt Ave. 5. North 3 Sunset Ave. from 55th Ave. to Minnesota Ave. Section 2. That the following streets shall be improved by con- e strucing concrete sidewalks five feet in width on one side of the street only: 1® Lincoln Aire. from 32nd Ave to 35th Ave. 2, Sunset Avo. from 40th Ave.' to 46th Ave. Sec:ion 3. Thero is hereby created a Local Improvement District, to be celled "Local Improvement District No. 424: which said dis- trict ehall include all of the property adjacent to the above-mentioned improvements which ar subject to assessments, said property being deseeibed above. Section 4. The assessments shall be made according to special 1iefits derived from the improvements without regard to the zone and termini method. Section5. That 75% of the matchable costs as defined in Chapter 7, 0 Laws of 1961, Extraordinary Session of the State of Washington, for the construction of the grading, ballasting surfacing with asphaltic con- -1- crete, and the construction of concrete curbs and gutters, together with • necessary drainage features, upon certain portions of said improvement, to-wit 1, Lincoln Ave. from 32nd Ave. to 35th Ave. 2. Sunset Ave. from 40th Ave. to 46th Ave. shall be paid from the funds received from the. State of Washington under the provisions of said Chapter 7 Laws of 1961, Extraordinary Session. The entire balance of all the costs and expenses in connection with the construction of said improvements, 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 District, 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 III any manner for any portion of said costs and expenses of improvement. Section 6, All of the aforesaid construction work shall be in ac- cordance 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. Section 7. 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 8. There is hereby created a special fund, to be called "Local Improvement Fund District No. 417)", 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 bonde by the City, all premium and interest on said bonds issued for said improvement. a 4 Section 9. Bonds bearing interest at the rate of % per annum, III payable on or before /0 years from the datelissuance, 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 1vied and assessed upon the property within said district, payable in ten equal annual installments with interest at the rate of _ per annum, in- terest 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 10. This ordinance is one relating to local, improvements or assessments therefor, and shall become effective immediately Avon ite passage, approval and publication as provided by law and the City Charter, PASSED BY THE CITY COUNCIL, signed and approved this 4..4.d.y of 0 June, 1961. 1 111 ,' ayor ATTEST: ty er. • .3-