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HomeMy WebLinkAbout1950-B-1124 r 98 ORDINANCE NO. B -1124 AN ORDINANCE providing for the improvement of property in the City of Yakima, Washington, by constructing an irrigation system to serve various lots and tracts of land; establishing a local improvement district; providing for the method of payment therefor, and creating a special fund. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. That an irrigation system shall be constructed to serve all the lots and tracts of land included within the following described district: Beginning at the northeast corner of the intersection . of Grandview Avenue and Lincoln Avenue; thence north -. erly along the_east line of Grandview Avenue a .distance of 740.8 feet, thence easterly 632.8 feet to the east line of the West half of the Northwest quarter of the Northwest quarter of Section 23, Township 13 North, Range 18 E.W.M.; thence southerly along said East Line to the Naches & Cowiche Canal; thence southerly and westerly along said canal to the north line of Lincoln Avenue; thence westerly along said north line to the point of beginning. Said improvement to consist of the installation of the necessary mains, laterals, service connections and other appurtenances for the purpose of delivering water for irrigation purposes to each lot and tract of land within the proposed district. Section 2. Thereis hereby created and established a Local Improvement District, to be called "Local Improvement District No. 692 ", which said district shall include all of the property described and set forth in Section 1 hereof. Section 3. All of the cost and expense in connection with the making and construction of said improvement, including the engineering, inspection, advertis- ing, 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 accordance with the special benefits conferred thereon, in the manner 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 cost and expense of said improvement. Section 4. All of the aforesaid construction work shall be in accord- ance with the plans, profiles, specifications, 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 5. All of the work nesessary to be done in connection with the making of said improvement shall be done by and made by contract upon competitive bids, and said City of Yakima shall have and reserves the right to reject any and all bids. Section 6. Thereis hereby created a special fund, to be called "Local Improvement Fund District No. 692 ", into which shall be paid all sums paid on account of the aforementioned special assessment including all interest and penalties thereon, and in the event of the sale of Local Improvement 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 cent per annum, payable on or before 12 years from date of issuance, shall be issued in payment of the cost 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 dis- trict, payable in 10 equal annual installments, with interest at the rate of 4 per cent per annum, interest payable annually, under the mode of "payment by bonds" as defined by the statutes of the State of Washington and ordinances of the City of Yakima. Section 8, This ordinance is one relating to local improvements or assessments therefor and shall become effective immediately upon its passage, approval and publication as provided by City Charter. PASSED BY THE CITY COMMISSION, signed and approved this 3rd day of April, 1950. ATTEST: PEARL BENJAMIN (SEAL) N. K. BUCK City Clerk Mayor I hereby certify that the foregoing is a full, true and correct copy of Ordinance No. B -1124 entitled; "AN ORDINANCE providing for the improvement of property in the City of Yakima, Washington, by constructing an irrigation system to serve various lots and tracts of land; establishing a local improvement district; providing for the method of payment therefor, aad creating a special fund ", as passed on this 3rd day of April, 1950, and that same has been published as required by law. CLERK