HomeMy WebLinkAbout1959-B-2303 224 !x'79)
ORDINANCE NO. B-2303
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 streets shall be improved by
grading, ballasting, surfacing with asphaltic concrete and constructing
concrete curbs and gutters, together with necessary drainage features:
1. South 6th Avenue-Lenox Avenue to Stewart Street;
2. Cornell Avenue-Lenox Avenue to Stewart Street.
Section 2. That the following street shall be improved by
constructing concrete curbs and gutters, together with the necessary
drainage features:
1. South side of Stewart Street from Cornell Avenue to
South 5th 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 3. There is hereby created a Local Improvement
District, to be called "Local Improvement District No. 871", which said
district shall include all of the property adjacent to the above-mentioned
improvements which are subject to assessments, said property being des-
cribed above.
Section 4. The assessments shall be made according to
special benefits derived from the improvements without regard to the
zone and termini method.
Section 5. 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, ahall be levied and assessed upon all of
the property embraced with said Local Improvement District, in the manner
and as proved by tie 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 6. 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 7. All of the work necessary to be done in connection
with the making of said improvement shad be done and made by contract up-
on competitive bids; and the City shall have the power to reject any and
all bids.
Section E. There is herebycreated a special fund, to be ,
called "Local Improvement Fund District No. 871", 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 City, all premium and interest on said
bonds issued for said improvement.
Section 9. 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 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.
225'
Section 10. 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 the City
Charter.•
PASSED BY THE CITY COMMISSION, signed and approved this 27th
day of May, 1959.
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ATTEST: J.A. SMITH ( S E A L ) JOE K. ALDERSON
CITY CLERK - MAYOR
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.I hereby certify that the foregoing is a true, full and complete
copy of Ordinance No. B-2303 entitled AN ORDINANCE providing for the im-
provement 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.", as passed on the 27th day
of May, 1959, and that the same has been published as required by law.
YTY CLERK
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