HomeMy WebLinkAbout1950-B-1152 r 126
ORDINANCE NO,. B -1152
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.
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BE IT ORDAINED BY THE CITY OF YAKIMA:
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Section 1.: That Cornell Avenue from Lenox Avenue to Mead Avenue, in the
City of.Yakima, shall be improved by grading, ballasting, surfacing and constructing
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
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property to be benefited by -this improvement consists of the following;
Beginning on the.South line of Lenox Avenue, midway between
Cornell Avenue and Sixth Avenue South; thence Southerly along
a line midway between Cornell Avenue and 'Sixth Avenue South to
Mead Avenue;' thence _Westerly along Mead #venue to a point
midway between Cornell Avenue and Seventh Avenue South; thence
Northerly along a line midway between Cornell Avenue and Seventh
Avenue South to'.Lenox.Avenue; thence Easterly 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..696, 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 other expenses 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 law df the State of Washington and the Ordinances of the
City of Yakima, - and said ity shall •not be liable in any manner for any portion of
said cost and expense of said improvement. ..
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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. -
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Section 5.. All of the work necessary to be done in connection with the
making of said improvement shall be done and made by =tract 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. 696 ", 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-collection
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 per cent per
annum, interest payable.annua.11y;. 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.
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 10th day.of •
July, 1 95 0 .
ATTEST: PEARL BENJAMIN (S E A L) G. W. BURNS
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City Clerk Mayor
I hereby certify that the foregoing is a full, true and correct copy of
Ordinance No. B -1152 entitled: "AN ORDINANCE providing for the improvement of
certain property by grading, ballasting, surfacing and constructing concrete curbs
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and gutters; establishing a Local.Improvement District, providing for the method of
payment therefor, and creating a special fund. ". as passed on this 10th day of July,
1950, and that same has been published as required byllaw..
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ITY CLERK