HomeMy WebLinkAbout1965-726 ORDINANCE NO. L7g46- •
AN ORDINANCE providing .for the improvement of certain property by
constructing the necessary mains, fire hydrants, valves
-110 and otherzppurtenances for the purpose of supplying
water for domestic use and fire protection; establishing
a Locatimprovement District, providing for the method
of payment thereof, and Creating a speciai fund.
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. That certain property in the City. of Yakima, Washing-
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ton, shall be improved by the construction of necessary mains, fire
hydrants, vaives 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:
That part of lots 30, 31, 32, 33, 34, 36 37 and 38 of St.
Paul Acre Lots, including vacated Clark Street, lying West
of right of way for State Highway, except that part of
said Lot 30 lying south of a line beginning 3.9 feet south
and 4.7 feet west of the northeast corner of Lot 28 of
St. Paul Acre Lots; thence north 24°12' west 300 feet to
the true point of beginning; thence south 65 west to
the centerline of vacated Clark Street.
Section 2. There is hereby created and established a Local 1m-
provement 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.
Section4. All costs and expenses in connection with the con-
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struction of said improvements, including the cost and expense of
engineering, inspection, advertising, publication of notices, and all
III other expenses incident.thereto; shall be levied and assessed upon all
of the property embraced within said Local Improvement Dittrict, in
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the manner and as provided by the Luis of the State of Washington and
the ordinances of the City of Yakima, and said City shall not be liabi
410 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 spedificati'ons, profiles, maps and de-
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tailed drawings which have been prepared by the City Engineer, filed
with the City Clerk, and which are 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 all bids.
Section 6. There is hereby created a special fund to be called
"Local Improvement Fund, District 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 the City, all premiums and interest
on said bonds issued for said improvements.
Section]. • Bonds bearing interest at the rate of 4 per annum,
payable on or before 12 years from date of issuance, shall be issued in
Payment of the costs . and expenses of the said improvements, which bonds
. shall be redeemed by the collection of speciai assessments to be levied
. and assessed upon the property within said district, payable in ten
annual instaliments, with interest at the rate of 4% per annum, inter
est payable annually the mode of payment 'payment by bonds", as
defined by the statutes of the State of Washington and the ordinances
of • the City of Yekima; provIded that this improvement may be financed
by the issuance of promissory notes, under the authority of RCW
35.45.150.
111 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 law and the City
Charter.
PASSED BY THE CITY COUNCIL, signed and approved this 18th day of
October, 1965.
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ATTEST:
III City Clerk
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