HomeMy WebLinkAbout1958-B-2167 CI)
ORDINANCE NO. B-2167
AN ORDINANCE providing for the improvement of certain property by grad-
ing, ballasting, surfacing with asphaltic concrete, together
with any necessary drainage features; 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. That the following streets shall be improved by
rn grading, ballasting, and surfacing with asphaltic concrete, together with
any necessary drainage features:
East King Street from South 1st Street to Maryland Street
Maryland Street from East Mead Avenue to East King Street
All of said improvements shall be constructed in full accordance with the
plans and specifications prepared by the City Engineer and filed with the
City Clerk.
Section 2. There is hereby created a Local Improvement Dist-
rict, to be called "Local Improvement District No. 865", which said dist-
rict shall include all of the property adjacent to the above-mentioned
improvements which are subject to assessments.
Section 3. All of the costs and expenses in connection with
the construction of said improvement, 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 accord-
ance with the special benefits conferred thereon, 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 4. All of the aforesaid construction work shall be
in accordance with the plans and specifications, profiles, maps and de-
tailed drawings which have been prepared by the City Engineer, filed with
the City Clerk, and which are hereby approved and adopted.
Section 5. All of the work necessary to be done in connect-
ion with the making of said improvement shall be done and made by contract
upon competitive bids; and the City shall have the power to reject any
and all bids.
Section 6. There is hereby created a special fund, to be
called "Local Improvement Fund District No. 865", into which shall be
placed all sums paid on account of the aforesaid special assessments, in-
cluding all interest and penalties thereon; and in the event of the sale
of local improvement bonds by the all premium and interest on said
bonds issued for said improvement.
Section 7. Bonds bearing interest at the rate of 4% 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 the rate of 4% per annvm,
interest payable annually under the mode of payment "Payment of bonds",
as defined by the statutes of the State of Washington and the Ordinances
of the City of Yakima.
Section 8. 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 the City Charter.
PASSED BY THE CITY COMMISSION, signed and approved this 21
day of May, 1958.
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ATTEST: MARIE DONELSON (SEAL) JOE K. ALDERSON
DEPUTY CLERK MAYOR
I hereby certify that the foregoing is a true, full and correct
copy of Ordinance No. B-2167 entitled "AN ORDINANCE providing for the
improvement of certain property by grading, ballasting, surfacing with
asphaltic concrete, together with any necessary drainage features; es-
tablishing a Local Improvement District, providing for the method of
payment thereof, and creating a special fund." as passed on the 21 day
of May, 1958, and that the same has been published as required by law.
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Y CLERK
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