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HomeMy WebLinkAbout1950-B-1204 ORDINANCE NO. B -1204 AN ORDINANCE providing for the improvement of property in the City of Yakima, Washington . by the construction of a domestic water system, establishing a local im- provement district, providing for the method of payment therefor and creating a special fund. BE IT OZDAINED BY THE CITY OF YAKIMA: Section 1. That property in the City of Yakima, Washington, shall be improved by the construction of a domestic water system, with the necessary mains, fire hydrants, valves and other appurtenances for the purpose of supplying water for domestic use, said improvements to serve the property, the boundaries of which are described as follows: Rose Park, according to the official plat thereof on file and of record in the office of the Auditor of Yakima County, Washington, all of said improvements to be constructed in full accordance with the plans and speci- fications to be prepared by the City Engineer. Section 2. There is hereby created and established'a Local Improvement District to be called "Local Improvement District No. 711 ", 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 of said improvement, including the cost of acquiring right of way easements, engineering, surveying, advertising, inspect- ion, publication of notices and all other expenses incident thereto shall be levied and assessed upon all of the proprty embraced within, the 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 snaking of said improvement shall be done by the City of Yakima. Section 5. There is hereby created a special fund, to be called "Local Improvement Fund District No. 711 ", into Which shall be paid all sums paid on account of the aforementioned special assessment including all interests and penalties thereon, and in 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 assess- ments therefor and shall beco :7e effective immediately upon its passage, approval and publication as provided by City Charter. PASSED BY THE CITY COMMISSION, signed and approved this llth day of December, 1950. ATTEST: PEARL BENJAMIN ( SEA L ) G. W. BURNS City Clerk Mayor I hereby certify that the foregoing is a full, true and correct copy of Ordinance No. B -1204 entitled: "AN ORDINANCE providing for the improvement of property in the City of Yakima, Washington, by the construction of a domestic water system, establishing a local improvement district, providing for the method of payment there- for and creating a special fund." as passed on this llth day of December, 1950, and that same has been published as required by law. ��� CITY CLERK