Loading...
HomeMy WebLinkAbout1951-B-1232 22.1 - ORDINANCE NO. B -1232 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 portions of 34th Avenue South, Rose Place, and 36th Avenue South, in the City of Yakima, shall be improved by grading, ballasting, surfac- ing and constructing concrete curbs and gutters; and to be constructed in full accord- ance 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 foll- owing: The West Half of Lots 11 -20, inclusive, and 31 -40 inclusive, of Richards Half -Acre Homes (Unrec.); and Lots 3 -19, inclusive, and the East 102.7 feet of Lots 1, 2, 35 and 36 of Block 1; Lots 1 -11, inclusive, and 29 -37, inclusive, of Block 2; Lots 1 -6, inclusive, of Block 3, in Rose Place. Section 2. There is hereby created a Local Improvement District to be called Local Improvement District No. 716, which said district shall include all of the propertyā€˛ described and set forth in Section 1 hereof. Section 3. "11 of the cost andexpense 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 thereto, shall be levied and assessed upon all of the property embraced within said Local Im- provement 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. 716 ", 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 r ate 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 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 26th day of March, 1951. 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 -1232 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 26th day of March, 1951, and that same has been published as required by law. / C I / ' Y C L E R K