HomeMy WebLinkAbout1978-2161 ORDINANCE NO, 02/6/
AN ORDINANCE providing for the improvement of certain property by
constructing a diversion box and pump house, installing
a blow -off valve and replacement of service lines for
the purpose of supplying water for irrigation purposes;
• 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 described property situate in Yakima
County, Washington, shall be improved by constructing a diversion box
and pump house, installing a blow -off valve and replacement of service
lines for the purpose of supplying water for irrigation purposes:
Lots 1 through 8, Larson's'Lots Addition, as recorded in
Volume "S" of Plats, page 30, records of Yakima County, Wash-
ington;
Lots No. 1 through 7, Larson's Lots No. 2 Addition, as recorded
in Volume "T" of Plats, page 16, records of Yakima County,
Washington;
• The east 64.5 feet of the west 397.5 feet of the north 141 feet
of the south 171 feet of the southwest quarter of the southwest
quarter of Section 15, Township 13 North, Range 18, E.W.M.
Section 2. There is hereby created a Local Improvement District, to
be called "Local Improvement District No. 1017," which said district shall
include all of the above described property.
Section 3. The assessments shall be made according to special bene-
fits 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, 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 accor-
dance with the plans and specifications, profiles, maps and detailed draw-
ings 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. 1017 ", into which shall be placed
all sums paid on account of the aforesaid special assessments includ-
ing 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 improve-
ment, 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 8 2/o 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 promis-
sory 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
its passage, approval and publication as provided by law and by the
City Charter.
PASSED BY THE CITY COUNCIL, signed and approved this 6 day of
`l ta• t , 1978.
V Mayor .
ATTEST:
City i'lerk 1r
-2-