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HomeMy WebLinkAbout1966-766 ORDINANCE NO. AN ORDINANCE providing For the improvement of certain property by constructing the necessary mains, fire hydrants, valves 111 and other appurtenances for the purpose of supplying water for domestic use and fire protection; establishing a Local Improvement District, provid;ng for the method of payment thereof, and creating a special fund. BE 1T ORDAINED BY THE CITY OF YAKIMA: Section 1. That certain property in the City of Yakima, Washing- ton, 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 within the City of Yakima described as follows: All lots in Fairbrooks Addition. Lots 1 and 2, and the East 148.5 feet of Lots 5, 6 and 7 of North Chase Hill Residence Tracts. Lots 6, 7 and 8 of Royal Crest. 111 Lot 1 of Chase Hill Residence Tracts except the East 125 feet. West 165 feet of the southeast quarter of the northeast quarter of the northwest quarter of the northeast quarter of Section 26, Township 13 North, Range IA South 112 Feet of the west t quarter of the northwest quarter of th ,,...) 1 of Section 26, Township 13 North, Rang est of the canal, except the west 136.\ ° South 160 feet of the northE lortheast quarter of the northwest qua quarter of Section 26, Township 13 Nertn7 18, E.W.M. except the east 156.5 feet and except the north 18 feet of the south 160 feet of the west 106 feet of said northeast quarter of the northeast quarter of the northwest quarter of the northeast quarter of Section 26, 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 No. " which said district shall include all of the property described and set forth above. Sec 3. The assessments shall be made according to special 410 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, oncluding the cost and expense of engineering, inspection, advertising, publication of notices, end all other expenses incident thefsto, shall be levied and assessed upon al of the property embraced within said Local Improvement District, in the manner and as provded by the Laws of the State of Washington and 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. Section 5. All of the aforesaid construction work shall be in 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 re hereby approved and adopted. All of the work necessary to be done in connection with the making of said improvements shall be done and made by contract: upon competitive bids, and the City shall have the power to reject any and ail bids. Section 6. There ;s hereby created a special fund to be called 'Local Improvement Fund, District No. //-, ", into which shall be paid al! sums paid on account of the aForementioned specal assessments, in- cluding aH inteest and penattles thereon, and, in the event of the sale of local rnprovement bonds by the City, ail premiums and interest on said bonds issued for said improvements. -2- III Section 7,„ Eft l.: interest at tho rate of zl!'" per annum, payable on or o're 'i2 yea fro...1 dato of issuance, shall be issucd in payment of the costs anci a of tne said i'mprovements, hich b $hali be redeemed by the ce:o of spacial assesser,ts tc assessed upon the pro port !iithin said district, payable in ten annue. installmGhts, ..,fith iinr.::::reshs :-... the rote of 4% per annu, ihter- 6t le annually under the :7104 of• paymont 'pavii,'ent by bonds,' as defined by the statutes of tie ',':,tte o' V'jashie ,f.ih,d the ordia.n.es of the City of Yi.)! provIC:eC, th,..7t. this improvement may be flin i7..v• ti issvnce of pneissory hutos, uuer the authority of 23,45.15D. leit jon2,„ This hxdi is ons relatin to local improvezc;nts 41! or , r,Issessrlients therefor, and shiaH becaAe effective immecflately upon `,:....;..r0. ::,1!CIO TS 2:' by le4.111 and ths:. City Cnarte. 0!TY COUl,l0lL, sicind an :-;:qviroved this 3ist day of P • I 0 9'7 il,TTES,Th ‘... , ,,._.■ , ',:;;IL, 410 -3-