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HomeMy WebLinkAbout1983-2731 CONSTRUCTING A PIPE SEWER WITH WYE BRANCHES & MANHOLES ORDINANCE NO. 273 1 AN ORDINANCE providing for the improvement of certain property by constructing a pipe sewer with the necessary wye brandhes 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. The following described property situate in Yakima County, Washington, shall be improved by constructing a pipe sewer with the necessary wye branches and manholes: Parcel No. 181332-24428 - Lot 29, Conover Park Parcel No. 181332-24429 - East 90 feet of Lot 30, Conover Park Parcel No. 181332-24430 -,West 10 feet of Lot 30 and East 80 feet of Lot 31, Conover Park Parcel No. 181332-24431 - West 20 feet of Lot 31 and East 70 feet of Lot 32, Conover Park Parcel No. 181332-24432 - West 30 feet of Lot 32, and East 60 feet of Lot 33, Conover Park Parcel No. 181332-24433 - West 40 feet of Lot 33 and East 50 feet of Lot 34, Conover Park Parcel No. 181332-24434 - West 50 feet of Lot 34 and all of Lot 35, Conover Park Parcel No. 181332-24435 - Lot 36, Conmer Park As recorded in Volume V., Page 17, Records of Yakima County, Wash- ington. Section 2. There is hereby created a Local Improvement District, to be called "Local Improvement District No. 1034", 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 III termini method. Section 4. All costs and expenses in connection with the con- struction of said improvements, including the engineering, inspection, advertising, publication of notices, and all other expenses incident thereto, shall be levied and assessed against all of the property legal- ly and properly assessable therefor as provided by law and as above described. Section 5. All of the aforesaid construction work shall be in 111110 accordance with the plans and specifications, profiles, maps and detail- ed drawings which have been prepared by the City Engineer, filed with' the City Clerk, and which are hereby approved and adopted. • ORDRES EE1 Section 6. The work necessary to be done in connection with the making of said improvements shall be done by contract upon canpetitive bids according to specifications and plans as prepared by the Engineer- ing Division of the Department of Engineering & Utilities, and the City shall have the power to reject any and all bids. Section 7. There is hereby created a special fund, to be known as "Local Improvement Fund, District No. 1034", into which shall be placed all surns 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 shall be issued in payment of the costs and expense 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, which assessments, with interest, shall be payable annually under the mode of paynent "payment by bonds" as defined by the statutes of the State of Washington and the ordinances of the City of Yakima; prowided, 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. The term and interest rate of bonds and special assessments contemplated by this section shall conform to provisions, terms and conditions to 1e spec- ified by a subsequent ordinance of the City of Yakima. Section 9. This ordinance is one relating to local improvements or assessments therefor, and shall become effective immediately upon its 1 111 passage, approval and publication as prodded by law and by the City Charter. PASSED BY THE CITY oputcm, signed and approved this day of , 2?,2 41 1 Novenber, 1983. M. A vim,e o MAYOR 11116 ATTEST: • CITY CLERK Publication Date NOV 2 4 1983 Effective Date NOV 5 19A3 ORDRES EE2