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HomeMy WebLinkAbout1950-B-1183 167 ORDTNANCR NO. B -1183 AN ORDINANCE providing for the improvement of property in the City of Yakima, Wash- ington, 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, manholes, 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 specifica- tions 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. 709 ", which said district is described as follows: . Lots 1 to 6 of Hunsingerts Addition to Yakima, Washington. 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. 709 ", into which shall be paid all sums paid on account of the aforementioned special assessment, including all interest and penalties there- on; and, in the event of the sale of Local Improvement .Bonds by this 'City, all pre- • miums 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 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 16th day of October, 1950. ATTEST: PEARL BENJAMIN ( S E A L ) G. W. BURNS City Clerk Mayor • I hereby certify that the foregoing is a full, true and correct copy of Ordinance No. B -1183 entitled: "AN ORDINANCE providing for the improvement of property in the City of Yakima, Washington, by the construction of a sewer; establish- ing a Local Improvement District, providing for the method of payment therefor, and creating a special fund." as passed on this 16th day of October, 1950, and that same has been published as required by law. . r e ed -" 4s-92l�rtO CITY +►.-' ERK .Ai