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HomeMy WebLinkAbout1950-B-1153 127 ORDINANCE NO. B -1153 AN ORDINANCE providing for the improvement of property in the City of Yakima,' Washington, by the construction of a sewer; 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 property in,the City of Yakima, Washington shall be improved by the construction of a pipe sewer with the necessary wye branches man— holes;, flush tanks and water connections therefor; all which, property is hereinafter more particularly described in Section 2 hereof; and by doing all•such.other work as may be necessary in connection therewith all in accordance with the plans 'and speci— fications therefor prepared by the City Engineer, passed, approved and on file with the City Clerk. Section 2:. There is hereby created and established a local improvement district to be called "Local Improvement District No, 697", which said district is described as follows: . Beginning at the intersection of Summitview Avenue-and 35th Avenue North; thence Northerly along 35th Avenue . - North to. the South line of Flagg Addition; thence Easterly .along' said South line to • Grandview Avenue;'; - thence Southerly along Grandview to the North line of Hunsinger Addition; thence Westerly along -said North line extended to the Northeast corner of Lot 1 of Rice's Plat; thence- Southerly along the Easterly line of Rice's Plat to Summitview Avenue; thence. . Westerly along Summitview ,Avenue to the point of beginning.•. Section 3. All of the costs and expenses in connection with the making and construction of said-improvement, including the cost and expense of all engineer— ing, inspection, advertising, 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 costs and expenses of said improvement. ' Section 4. All of the work necessary 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 5. There is hereby created a special fund, to be called "Local Improvement Fund District No. 697 ", 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 6. 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 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 the Ordinances of the City of Yakima. Section 7. 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 17th day of July, 1950. ATTEST: PEARL BENJAMIN (S E A L) G. W. BURNS City Clerk Mayor I hereby certify that the oregoing is a full, true and arrest copy of Ordinance No. B -1153 entitled: "AN ORDINANCE providing for the improvement of property in the City of Yakima, Washington, by the construction of a sewer; establishing a . Local Improvement District, providing for the method of payment thereforcand creating a special fund." as passed on this 17th day of July, 1950, and that same has been published as required by law. C T CLr:RK ,Ai