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HomeMy WebLinkAbout1959-B-2305 227 ORDINANCE NO B-2305 AN ORDINANCE providing for the improvement of property in the City of Yak- ima by the construction of necessary mains, fire hydrants, valves and other appurtenances for the purpose supplying water for domestic use and fire protection, and the constr- uction of pipe sewers with the necessary wye branches, man- holes, and flush ends, establishing a Local Improvement Dis- trict, providing for the method of payment therefor, and creating a special fund. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. That the property in the City of Yakima, Washing- ton, shall be improved by the construction of necessary mains, fire hydr- ants, valves and other appurtenances for the purpose of supplyihg water for domestic use and fire protection; said improvement to serve the property described as follows: Tracts 36 to 40 inclusive, of First Addition to Suburban Acre Homes; The W. 183.8 feet of Ttacts 59 to 61 inclusive, of First Addition to Suburban Acre Homes. Section 2. That the property in the City of Yakima, Washing- ton, shall be improved by the construction of pipe sewers with the neces- sary wye branches, manholes, and flush ends; said improvement to serve the property described as follows: Tracts 38 to 40 inclusive, of First Addition to Suburban Acre Homes; Tact 37 of First Addition to Suburban Acre Homes, except the East 77 feet of the North 164.75 feet; Tract 36 of First Addition to Suburban Acre Homes, except the North 183 feet. All of said improvement to be constructed in full accordance with the plans and speficications to be prepated by the City Engineer. Section 3. There is hereby created and established a Local Improvement District, to be called "Local Improvement District No. 872", which said district shall include all of the Property described and set forth above. - Section 4. A portion of the xosts and expenses of said improvement including engineering, inspection, advertising, publication of notices, if any, 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, and the balance of the said costs and expenses shall be borne by the City Water Department in accordance with Resolution No. C-1051 Section 5. All of the work necessary to be done in connection with the making of said improvement shall be done by the City of Yakima. Section 6. There is hereby created a special fund to be called "Local Improvement Fund, istrict No. 872" into which shall be paid all sums paid on account of the aforementioned special assessment, including all in- terest and penalties thereon; and in the event of the sale of local Improve- ment bonds by this City, all premiums 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 date of issuance shall be issued in pay- ment of the costs and expenses of the said improvement, which bonds shall be redeemed by the collection of special assessments to be levied and asses- sed upon the property within said district, payable in ten annual install- ments, with interrst at therate of 4% per annum, interest payable annually under the mode of "payment by bonds" as defined by the statutes of the State of Washington and the ordinances of the City of Yakima 22 Section E. This Ordinance is one relating to local improve- "T1 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 29th day of May, 1959. ATTEST: J.A. SMITH ( S E A L ) JOE K. ALDERSON CITY CLERK MAYOR I hereby certify that the foregoing is a true, full and correct copy Di' Ordinance No. B-2305 providing for the improvement of property in the City of Yakima by the construction of necessary mains, fire hydrants, valves and other appurtenances for the purpose of supplying water for domestic use and fire protection, and the construction of pipe sewers with the neces- 5ary wye branches, manholes, and flush ends, establishing a Local Improve- ment District, providing for the method of payment therefor, and creating a special fund.", as passed on the 29th day of May, 1959, and that the same has been published as required by law. '/ITY CLE'K 1 1