HomeMy WebLinkAbout1953-B-1433 452
ORDINANCE NO. B -1433
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 I. That Fourth Avenue South from Logan Avenue to Mead Avenue shall .
be improved by grading, ballasting, surfacing and constructing concrete curbs and gutters,
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 center line of Logan Avenue, 166.8 feet west
of the center line of Fourth Avenue South; thence easterly along the center.'
line of Logan Avenue and said Center l extended, to a point 160 feet
east of the center line of Fourth Avenue South; thence southerly and
parallel with Fourth Avenue South to Mead Avenue; thence westerly along
Mead Avenue to a point 166.1 feet west of center line of Fourth Avenue
South;; thence northerly to the point of beginning.
Section 2. There is hereby created a :Local Improvement District to be
called Local Improvement District No 749,, 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 in connection with the making and
construction of said improvement, including the cost and expense of engineering, inspect-
ion, advertising, publication of notices and all other expenses incident thereto, 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 the State of Washington and the Ordinances of t he City of
Yakima; and said City shall not be liable in any manner for any protion 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 necess-ry 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
I Fund, District No. 749," 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 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 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 16th day of March,
1953.
ATTEST: PEARL BENJAMIN ( S E A L ) G. W. BURNS
City Clerk Mayor
I hereby certify that the foregoing is full, true and correct copy of
Ordinance No. B -1433 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 therefor,
and creating a special fund. ", as passed this 16th day of March, 1953, and that same
has been published as required by law.
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