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HomeMy WebLinkAbout1968-1062 r ., ORDINANCE NO. /0 C42. AN ORDINANCE providing for the improvement of certain property by constructing the necessary mains, fire hydrants, valves and other appurtenances for the purpose of supplying water for domestic use and fire protection; establishing a Local Improvement District, providing for the method of payment thereof, and creating a special fund. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: • Section 1. The following property shall be improved by construct- ing the necessary mains, fire hydrants, valves and other appurtenances for the purpose of supplying water for domestic use and fire protec- tion: Lots 4 through 19, Plat of Gordon Highway Trac4s, also north 212.2 feet of south 1132.2 feet of west half of the southeast quarter of Section 12, Township 13 North, Range 18, E.W.M., ex- cept the west 15 feet for county road; also the westerly 300 feet of that part of the east half of the southeast quarter of Section 12, Township 13 North, Range 18, E.W.M., lying easterly and southerly of state highway, except the south 931.6 feet. (North 1st Street); Lots 1 through 13, Plat of Forney Subdivision, except that part of Lot 8 lying west of the east line of Section 31, Township 13 North, Range 19, E.W.M.; also the north 123.6 feet of that part of the northwest quarter of the southwest quarter • of Section 32, Township 13 North, Range 19, E.W.M., lying westerly of state highway; also that part of the southwest quarter of the northwest quarter of Section 32, Township 13 North, Range 19, E.W.M., lying west of State Highway No. 3. (South 1st Street); The north 330 feet of the following described property: The northeast quarter of the southeast quarter of Section 31, Township 13 North, Range 19, E.W.M., lying west of Forney Sub- division and the east half of the northwest .quarter of the southeast quarter of Section 31, Township 13 North, Range 19, E.W.M., except railroad right of way. (Washington Avenue, south side); That part of the south 544.5 feet of the southwest quarter of the northeast quarter of Section 31, Township 13 North, Range 19, E.W.M., lying west of the O.W.R. & N. right of way. (Washington Avenue, north side). Section 2. There is hereby created a Local Improvement District, to be called "Local Improvement District No. 9 / which said • district shall include all of the property adjacent to the above men- tioned improvements which are subject to assessments, said property being described 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 con- struction of said improvements, including the cost and expense of engineering, inspection, advertising, publication of notices, and all other expenses incident thereto, shall be levied and assessed upon all of the property embraced within said Local Improvement Dis- trict, in the manner and as provided by the Laws of the State of III 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 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. Section 6. All of the work necessary to be done in connection with the making of said improvement shall be done and made by con- tract upon competitive bids, and the City shall have the power to reject any and all bids. • Section 7. There is hereby created a special fund, to be called "Local Improvement Fund, District No. ( ?/; 4 "," into which shall be placed 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 5% per annum, payable on or before 12 years from the date of issuance, shall be issued in payment of the costs and expense of said improvement, which bonds shall be redeemed by the collection of special assess- ments to be levied and assessed upon the property within said dis- trict, payable in ten equal annual installments with interest at the rate of 5% 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; pro- vided that, this improvement may be financed by the issuance of promissory notes, under the authority of R.C.W. 35.45.150. -2- Section 9. This ordinance is one relating to local improve- ments or assessments therefor, and shall become effective immediate- ly upon its passage, approval and publication as provided by law and by the City Charter. PASSED BY THE CITY COUNCIL, signed and approved this 3rd day of September, 1968. . MAYOR GINIM ATTEST: CITY CLERK -3-