HomeMy WebLinkAbout1965-672 • .
ORDINANCE NO. •
AN ORDINANCE providing for the improvement of certain property by con-
structing a pipe sewer with the necessary wye branches
and manholes; establishing a Local Improvement District,
providing for the method of payment thereof, and creating
a special fund.
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BE IT ORDAINED BY THE CITY OF YAKIMA:
Section I That the following property shall be improved by con-
structing a pipe sewer with the necessary wye branches and manholes
Property lying within the following described boundary line:
Beginning at the intersection of the centerlines of Tieton
Drive and South 48th Avenue; thence east, along the tenter-
line of Tieton Drive, to the centerline of South 46th Avenue;
thence north, along the centerline of South 46th Avenue, to
the centerline of West Chestnut Street; thence west, along
the centerline of West Chestnut Street, to the centerline of
South 48th Avenue; thence south, along the centerline of South
48th Avenue, to the point of beginning.
All lots in High View Courts.
Property lying within the following described boundary line:
Beginning at the northwest corner of Lot 3, Parkview Terrace
No 2; thence North 0 03' 15" East 331.81 feet; thence North
89' 19' 30 East-260 feet; thence south to the north fine of
Parkview Terrace Nov 2; thence wester! y, along the north line
of Parkview Terrace No 2, to-the point of beginning.
Section 2 There is hereby created a Local Improvement District
to be called "Local Improvement District No.0/", which said dis-
trict shall include all of the property adjacent to the above mentioned
improvements which are subject to assessments, said property being de-
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scribed 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. All costs and expenses in connection with the construc-
tion of said improvement, including pngineerina, inspection, advertising,
publication Of notices, and all other expenses incident thereto, shall
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be levied and assessed against aid of the property legally and properly
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410 assessable therefor as provided by law and as above described.
Section 5. All of the aforesaid construction work shall be in
accordance 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.
ectigh 6. 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.
Sectgn There is hereby created a special fund, to be called
"Local improvement Fund, District No. into which shall be placed
0 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 bonds by the City, all premium and interest on said
bonds issued for said improvement.
Section 8. Bonds bearing interest at the rate of 4% per annum,
payable on or before 12 year from the date of issuance, shall be issued
in payment of the costs and expenses of said improvements, 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 equal
annual installments with interest at the rate of 4% per annum, interest
payable annually, under the mode of payment "payment by bonds," as de-
fined by the statutes of the State Of Washington and the ordinances of
the City of Yakima; provided, that this improvement may be by
the issuance of promissory notes under the authority of R.C.W. 35.45.150.
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Section_9. This ordinance is one relating to local improvements
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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 19th day of
Jul y, 1965.
IP • , _
Mayor
ATTE,1
74
City Clerk
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