HomeMy WebLinkAbout1969-1181 ORDINANCE NO.
AN ORDINANCE providing for the improvement of certain property by the
construction of water mains, valves and other appur-
tenances; 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. The following property situate in Yakima
County, Washington, shall be improved by the construction of water
mains, valves and other appurtenances for the purpose of supplying
water for domestic use:
Lot 4, and the south half of Lot 9 lying easterly of Power
House Road, of Naches Orchard Tracts, according to the plat
thereof recorded in Volume "A" of Plats, Page 69, records of
Yakima County, Washington.
Lots 1 through 12 of Vans Half Acre Tracts, according to the
plat thereof recorded in Volume "D" of Plats,Page 8, records
of Yakima County, Washington.
Beginning at the intersection of the south line of the north-
east quarter, of the northwest quarter, of the southeast
quarter, of Section15, Township 13 North, Range 18, E.W.M.,
with the east line of County road; thence northwesterly along
County road 450 feet; thence northerly 105 feet; thence
easterly 135 feet; thence southerly 105 feet; thence easterly
39 feet; thence southeasterly and parallel with said County
road 325 feet; thence easterly to east line of northeast
quarter, of the northwest quarter, of the southeast quarter
of Section 15, Township 13 North, Range 18, E.W.M., thence
southerly to the south line of said Subdivision; thence
westerly to the point of beginning.
Section 2. There is hereby created a Local Improvement District,
to be called "Local Improvement District No. -' :''' ," which said
district shall include all of the property adjacent to the above
mentioned improvements which are subject to assessments.
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 District, 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 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. cm 7 ," 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 a rate not to exceed 8% 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 assessments
to be levied and assessed upon the property within said district, pay-
able in ten equal annual installments with interest at a rate not to
exceed 82% 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 authority of R.C.W. 35.45.150 and Section 8.12.100 of the
City of Yakima Municipal Code.
Section 9. This ordinance is one relating 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 by the
City Charter.
PASSED BY THE CITY COUNCIL, signed and approved this lfith day of
November, 1969.
W
f►M , •
Mayor
- ATTEST:
City Clerk
•
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