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HomeMy WebLinkAbout1951-B-1291 283 ORDINANCE NO. B -1291 AN ORDINANCE providing for the improvement of property in the City of Yakima, Washing- ton, by the construction of a domestic water system, 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, Washin €,ton, 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: • Beginning at the intersection of Summitview Avenue and 33rd Avenue North; thence west along Summitview Avenue to the west line of : Hazelwood Addition; thence north along said west line to the north line of said Addition; thence east- erly along said north line extended to a point 125 -feet east of the east line of 33rd Avenue North; thence southerly and parallel with the east line to Summitview Avenue; thence westerly to the point of beginning. all of said improvements to be constructed in full accordance with the plans and specifications to be prepared by the City. Engineer. Section 2. There is hereby created andestablished -a Local Improvement District to be called "Local- Improvement District No. 726 ", 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, inspection, publication of notices and all other expenses incident thereto shall be levied and assessed upon all of the property embraced within the Local Improvement District in accordance with the special benefits conferred thereon in the manner pro- vided 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 s aid. improvement.. Section 4. All of the work necessary to be done in connection with the making 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..• 726 ", into which shall be paid all sums paid on account of the aforementioned special assessment including all interests and penalties there- on, 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 coll- ection 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 10th day of September, 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-1291 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 10th day of September, 1951, and that same has been published as required by law. Z A I ' C I / C L E R K