HomeMy WebLinkAbout1974-1685 CONSTRUCTING A PIPE SEWER WITH WYE BRANCHES & MANHOLES. ORDINANCE NO. /675
AN ORDINANCE providing for the improvement of certain property
by constructing 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.
BE IT ORDAINED BY THE CITY OF YAKIMA:
1
Section 1. The following described property situate in
Yakima County, Washington, shall be improved by constructing a
pipe sewer with the necessary wye branches and manholes:
Lots 1 through 20, Voelker Addition No. 1, according to
the plat thereof recorded in Volume "I" of Plats, page 31,
records of Yakima County, Washington.
Section 2. There is hereby created a Local Improvement Dis-
trict, to be called "Local Improvement District No. 998", which
said district shall include all of the above described property.
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
construction of said improvement, including the engineering, inspec-
tion, 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 which have been prepared by the City Engineer,
filed with the City Clerk, and which are hereby approved and adopted.
41/ 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. 998", into which
shall be placed all sums paid on account of the aforesaid special
assessments, including all interest and penalties thereon, and
All
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
87 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, payable in ten equal annual installments
with interest at a rate not to exceed W. per annum, interest
payable annually under the mode of payment "payment by bonds", as
110 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 improve-
ments or assessments therefor, and shall become effective immediately
upon its passage, approval and publication as provided by law and
by the City Charter.
PASSED BY THE CITY COUNCIL, signed and approved this
day of III/ , 974.
/r
411
Mayor
ATTEST:
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Ci, Clerk /
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