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HomeMy WebLinkAbout1951-B-1245 234 ORDINANCE NO. B =1245 . AN ORDINANCE providing for the improvement of certain property by grading, ballasting, surfacing and constructing concrete curbs and gutters, and concrete side - , walks, five feet in width; establishing a Local Improvement. District, providing for the method of payment therefor, and creating a special fund. BE IT ORDAINED BY THE CITY OF YAK_I[VIA : . Section 1. That South.4th Street from Adams Avenue to Pacific Avenue; also South Naches Avenue, South 6th Street and South 7th Street, from Pacific Avenue lir to Washington Street, shall be improved by grading, ballasting, surfacing and con- structing concrete curbs and gutters, and concrete sidewalks, five feet in width; and to be constructed in full accordance 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 following: Beginning at a point on the north line of Pacific Avenue., 138 feet west of South 4th Street; thence easterly along Pacific Avenue to a point 138 feet east of South 4th Street; thence northerly and parallel with South 4th Street to Adams Avenue; thence west ?rly along Adams Avenue to a point 138 feet west of South 4th Street; thence • southerly and parallel 7: South 4th Street to the point of begin- - ning; also beginning at a point on the north line of Washington Street, 125 feet west of South Naches Avenue; thence easterly along Washington Street to a point 130 feet east of South 7th Street; thence northerly and parallel with South 7th Street to Pacific Avenue; thence westerly' along Pacific-Avenue to a point "125.. feet west. of South Naches Avenue;. thence southerly and parallel with South Naches Avenue to the point of beginning. . Section 2. There is hereby created a Local Improvement District, to be called Local Improvement District No.. 722, which said district shall include all of the property described and set forth in Section 1 hereof. Section 3. All 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 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 laws of t he 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 drawing's which have been prepared by the City Engineer,, filed with the Pity 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 i s hereby created a special fund, to be called "Local Improvement Fund, District No. 722 ", 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 andexpense of said improvement; which bonds shall be redeemed by the collect- ion 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 8. This ordinance is one relating to local ir:.provements 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. May, 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 -1245 entitled: "AN ORDINANCE providing for the improvement of certain property by grading, ballasting, surfacing and constructing concrete curbs and gutters and concrete sidewalks, five feet in width; establishing a Local Improvement District, providing for the method of payment therefor, and creating a special fund. ", as passed on this 16th day of May, 1951, and that same has been published as required by law. Li L CIT CLERK