HomeMy WebLinkAbout1950-B-1140 114 . •
ORDINANCE NO. B -1140
AN ORDINANCE providing for the improvement of certain property by grading, ballasting,
surfacing and constructing concrete curbs and gutters; 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 Fourth Avenue South from Lenox Avenue to Viola Avenue
in the City of Yakima shall be improved by grading, ballasting, surfacing and con-
structing concrete curbs and gutters, and to be constructed in full accordance with
the plans and specifications prepared by the City Engineer and filed with the City
Clerk. The property to be benefited by this improvement consists of the following:
Beginning at a point on the south line of Lenox Avenue,
141 feet west of the west line of Fourth Avenue South,
thence southerly and parallel with Fourth Avenue South
to Viola Avenue, thence easterly along Viola Avenue to
a point 137.5 feet east of the east line of Fourth
Avenue South, thence northerly and parallel with Fourth.
Avenue South to Lenox Avenue, thence westerly along
Lenox Avenue to the point of beginning.
Section 2. There is hereby created a Local Improvement District to be
called Local Improvement District No. 695, 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 cost and expense of engineering,
inspection, advertising, publication of notices and all othereexpenses incident there-
to, 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 accordance
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 necessary to be done in connection with the
making 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 6. There is hereby created a special fund to be called "Local
Improvement Fund, District No. 695 ", into which shall be placed all sums paid on
account of the aforesaid special assessments 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 col-
lection of special assessments to be levied and assessed upon the property within said
district, 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 de-
fined by the statutes of the State of Washington and the 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 8th day of May,
19
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 -1140 entitled: "AN ORDINANCE providing for the improvement of certain
property by grading, ballasting, surfacing and constructing concrete curbs and gutters;
establishing a Local Improvement District, providing for the method of payment there -
for.and creating a special fund." as passed on this 8th day of May, 1950, and that
same has been published as required by law.
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