HomeMy WebLinkAbout1958-B-2176 _ 51
ORDINANCE NO. B-2176
AN ORDINANCE providing for the improvement of certain property by
grading, ballasting, surfacing with asphaltic concrete,
and together with the 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 street shall be improved by
grading, ballasting, surfacing with asphaltic concrete, together with
II any necessary drainage features::
Elm Street from North First Avenue to 233.1 feet, more
or less, West of North First Avenue
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
District, to be called "Local Improvement District No. 866", which said
district shall include all of the property adjacent to the above-
mentioned improvements which are subject to assessments, said property
being described above.
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 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,
II 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 con-
nection with the makeing 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 7. There is hereby created a special fund, to be
called "Local Improvement Fund District No. 866", which shall be placed
all sums paid on account of the sfbresaid 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 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,
II 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
L 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.
Section 9. This ordinance is one relating to local
improvements or assessments therefor, and shall become effective imr-,
mediately upon its passage, approval and publication as provided by
the City Charter,
PASSED BY THE CITY COMMISSION, signed and approved this
4th day of June, 1958.
ATTEST: J. A. SMTTH (S E A L) JOE K. ALDERSON
City Clerk Mayor
5 2 1.4
I hereby certify that the foregoing is a true, full and
correct copy of Ordinance No. B-2176, entitled AN ORDINANCE pro-
viding for the improvement of certain property by grading, ballasting,
surfacing with asphaltic concrete, and together with the necessary
drainage features; establishing a Local Imcrovement District, pro-
viding for the method of payment thereof, and creating a special fund."
as passed on the 4th day of June, 1958 and that same has been published
as required by law.
/ I CLERK