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HomeMy WebLinkAbout1951-B-1296 288 • ORDINANCE NO.1B -1296 . 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 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: domestic water system, with the necessary mains, fire hydrants, valves and other appurtenances for the prupose 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 34th Avenue South with Tieton Drive; thence Westerly along Tieton Drive to the West line. of South Glenn Drive Tracts; thence Northerly along said West line to West Walnut Street; thence Easterly along West Walnut Street to 34th Avenue South; thence Southerly along 34th Avenue. South to the point of beginning; all of said improvements to be constructed in full accordance with the plans and specificat ions 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. 727 ", 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 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 the City of Yakima. Section 5. There is hereby created a special fund, to be cal le d "Local Improvement Fund District No. 727 ", into which shall be paid all sums paid on account of the aforementioned special assessment, including al 1 interests 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 6. Bonds bearing interest at the rate of 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 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 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 17th day of September, 1951. • 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 -1296 entitled AN ORDINANCE prividing 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 therefor, and creating a special fund. ", as passed on this 17th day of September, 1951, and that same has been published as required by law. • AZ� l �s�� -cam C T.Y CLERK • • • L