HomeMy WebLinkAbout1967-893 ORDINANCE NO,
410 AN ORDINANCE providing for the improvement of certain property by
constructing the necessary mains, fire_hydrants, valves
and Other appurtenances for the purpose of supplyi=ng
water for domestic Use and fire protection; 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:
SectionL 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
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water for domestic use and fire protection, said improvements to serve
the property within the City of Yakima described as follows:
• Lots I through 28 of Englewood Heights.
The east 540 feet of the south 640.8 feet of the southeast
III • quarter of the northwest quarter of Section 21, Township 13
North, Range 18, E.W the east 30 feet and south
20 feet for roads.
.Section 2. There is hereby created and established a Local Improve-'
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ment District to be called "Local Improvement District No. Z4,22, which
said district shall incrude ail 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.
Section 4. All costs and expenses in connection with the construe-
, tion of said improvements, including the cost and expense of engineering,
inspection, advertising, publication of notices, if any, and all other
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expenses incident thereto, shall be levied and assessed upon all of the
property legally and properly assessable therefor, 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 any manner for any
portion of said costs and .expenses of said improvement..
Section 5. All of the aforesaid construction work shatA be Ln •
accordance with the plans and specifications, profiles, maps and detalLed
drawings which have been prepared by the City Engineer, filed with the
City Clerk, and which are hereby approved and adopted. Al/ 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 No._ 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, ail premiums and interest
on s&d bonds issued for said improvements.
• SesOor17. Bonds bearing interest at the rate. of 57. per annum,
payable on or before 12 years from date of issuance, shall be issued in
payment of the costsand expenses of the 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
annual installments, with interest at the rate of as per annum, interest
payable annually under the mode of payment "payment by bonds", as defined
by the statutes of the State of Washinoton and the ordinances of the City
of Yakima; provided that, this improvement may be financed by the issu-
411 ance of promissory notes, under the authority of R.C.W. 35.45.150.
qectirpj lhis ordinance is one reiatlng to local improvements
or assessments therefor, 'and shall become effective immediately upon
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its passage, approval and publication as provided by law and the City
• Charter.
PASSED BY THE CITY COUNCIL, signed and approved this 13th day of
March, 1967.
/e1:
- Mayor em
ATTEST:
City Clerk
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