HomeMy WebLinkAbout12/05/1949 Business Meetingr
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December 5, 1949
The ;City +Commission met in regular session, Mayor.Buck and Commissioner Bishop present
on roll call. Clark absent.
The minutes of the regular meeting of Monday, November 28, 1949, were approved as read.
Moved by Buck, seconded by Bishop that this being the time for the hearing on Resolution
No. C -877 providing for the vacation of Block 275 Lund's Addition; It is ordered that
said petition be denied: carried Buck and Bishop voting aye on roll call.- Clark absent.
Moved by Bishop, seconded by Buck that this being the time for the hearing on Resolution
No. C -878, providing for the vacation of a portion of Walley Lane and 27th Avenue North;
It is ordered that Ordinance No. B -1073 providing for said vacation be passed as read:
carried Buck:and Bishop_ voting aye on roll call. Clark absent.
ORDINANCE NO. B -1073, providing for the vacation of a portion of Walley Lane and
Twenty Seventh Avenue North in the !City of Yakima, Washington.
Moved by Buck, seconded 6y Bishop that Resolution No. C -880 authorizing the Mayor and
=City Clerk to enter into a lease with Sherwood & Roberts for the west 40 feet of the
building situate on Lots 23 and 24, Block 49, be adopted as read: carried Buck and
Bishop voting aye on roll call. Clark absent.
RESOLUTION NO. C -880, WHEREAS, the City of Yakima is the owner of Lots 23 and 24 in
Block 49 of the Town of North Yakima, now Yakima, Washington, upon which is situated
a building; and
WHEREAS, Sherwood & Roberts, Yakima, Inc., a corporation, has
offered to rent a space in said building on the west side thereof, said space to be
approximately 40 feet in depth, for a period to expire January 31, 1960, with an option
to renew for an additional five years, at a monthly rental of $125.00 commencing Febr-
uary 1, 1950, and in addition thereto has agreed to remodel the front portion of said
building at its own expense, said remodeling to cost a minimum of $12,000.00, and the
results thereof to belong to the City of Yakima upon the expiration of said term, and
it being for the best interests of the City of Yakima to enter into a lease with said
party upon said terms,
NOW, THEREFORE, BE IT RESOLVED BY THE 'CITY COMMISSION:
That the offer of the said Sherwood & Roberts, Yakima, Inc., a
corporation, to lease the west 40 feet of the building situate upon the premises above
described for the period and at the rental above mentioned, be and the same hereby is
accepted, and the Mayor and City Clerk are hereby authorized and directed to enter into
and execute with the said Lessee a lease thereof in the usual form for said term.
ADOPTED BY THE CITY COMMISSION this 5th day of December, 1949.
ATTEST: PEARL BENJAMIN
City Clerk
SEAL)
N. K. BUCK
May or
Moved by Bishop, seconded by Buck that Resolution No. C -881, providing for the sale to
Grande and Co. of Warrant No. 4506, L.I.D. No. 664, in the sum of $13,064.84 be
adopted as read: carried Buck and Bishop voting aye on roll call. Clark absent.
RESOLUTION NO. C -881, WHEREAS, the {City Commission,.-has heretofore be Ordinance No.
B -1009, passed and approved May 16, 1949, created a Local Improvement District within
the City of Yakima for the purpose of constructing an irrigation system to serve the
land described in said Ordinance, said District being known as Local Improvement Dis-
trict No. 664; and
WHEREAS, work has progressed upon the construction of said im-
provement and it is necessary to sell the temporary warrants issued by said District
for cash for the purpose of paying for materials used and to be used in the construction
thereof, and Grande & Company, a corporation, has offered to purchase said warrants for
their face value and have already negotiated for the purchase of warrant No. 4506 in
the amount of $13,068.84, and desires to purchase all subsequent warrants issued by
said District for materials used'in the construction of said improvement, and further
desires to exchange said warrants for the first numbered bonds issued by said District
upon the completion of said improvement, and it being for the best interests of said
Local improvement District to approve the sale of warrants as mentioned herein and to
extend a first option to the said Grande & Company to purchase the first numbered bonds
of said District in exchange for such warrants;
NOW, THEREFORE, BE IT RESOLVED BY THE ,CITY COMMISSION:
That the sale of warrant No. 4506, issued by and for Local Im-
provement District No. 664, said warrant being in the amount of ; #,13,068.84, to Grande
& lco., a corporation, be and the same hereby is approved and ratified, and the 'City
Treasurer be and she hereby is authorized to sell all subsequent warrants issued for
and on behalf of said Local Improvement District for materials to the said Grande &
Company for the face value of said warrants, and the said Grande & Company is hereby
given the first option to exchange said warrants for the first numbered bonds issued
by said Local Improvement District when the same shall have been issued, for par value
plus accrued interest if any.
ADOPTED BY THE CITY 'COMMISSION this 5th day of December, 1949.
ATTEST: PEARL BENJAMIN
City Clerk
(SEAL)
Moved by Buck, seconded by Bishop that we do now adjourn:
voting aye on roll. call. Clark absent.
ATTEST:
(Ci&v Clerk
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N. K. BUCK
Mayor
carried Buck and Bishop
P1[ a y o r
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