HomeMy WebLinkAbout1966-830 - .
ORDDANOE NO.
AN ORDINANCE providing for the improvement of certain property by con-
., . structing apipe 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. .
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. That the following property shall be improved by con-
structing a lipe sewer with the necessary wye branches and manholes:
Lots 1 through 10 inclusive - of Horizon Heights No.. 2,
. - (replat.of.Horizon Heights and part of the Southwest
quarterof the Northwest quarter, Section 15, Township
13 North, Range 18, E.W.M.).
Lots 1 through 10 inclusive of Edgecliff Manor No. 2,
(replat of Edgecliff Manor).
Section 2. There is hereby created a Local Improvement District
to be called _"Local Improvement District No.,E22, wh4Ch said dis.-
,
trict shali include all of the property adjacent to the above mentioned
improvements which are subject to assessments, said property being de-
scribed above...
III -
Section 3. The _assessments shall i)e 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 wialh the construc-
tion of said improvement including ,engineering, inspection, advertising,
publication of notices, and all other expenses incident thereto, shall
be levied and assessed against all of the property legally and properly
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 whioh have been prepared by the .City Engineer, filed with the
City Olerk, and which are hereby approved and adopted._
Section - 6. All of tie work necessary to be done in connection
with the mals4ng of said improvements shall be done and made by contract
upon competitive bids, and the Cityshall have the power to reject any
0 and all bide..
Section 7. There is. hereby created a special fund, to becalled
"Local Improvement Fund, District No into which shall be 'placed
all sums paid an 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
110 bonds issued for said improvement.
Section 8. Bonds bearing interest at the rate of . 0 Der annum,
payable on or before 12 years 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 wth interest at the rate of 4% per annum,
interest 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; provided, that this improvement may be financed
by the, issuance of promissory notes under the authorty of R.C.W.
35.45.150.
Section 9. 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 T14 CITY COUNCIL, signed and approved this 6th day of
September, 1966.
Mayer
ATTEST;
City Clerk