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HomeMy WebLinkAbout1953-B-1469 x 492 ORDINANCE ..NO. .. 3' -1469 AN ORDINANCE providing for the improvement of property in the City of Yakima, Washington, by constructing an irrigation system to serve various lots and tracts of land;; estabishing 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 an irrigation system shall be constructed to serve all the lots andtracts of land included within the following described district situate in Yakima County, Washington; • Lots 5, 6 and the west 33.7 feet of Lot 7 of Larsen's Home Sites ;; Lots 1. to 20inclusive of the Marquis Subdivision;: and the north 150 feet of the south 165 feet of the east 375 feet of Section 18, Township 13 North, Range 19, E.W.M.; City of Yakima, Washington, said improvement to consist of the construction of a well,, pumping system and the install- ation of the necessary mains, laterals,, service connections and other appurtenances for the purpose of delivering water for irrigation purposes to each lot and tract of land within the proposed district. Section 2. Shere is hereby created and established a Local Improvement District, to be called "Local Improvement District No. 757% which said district shall include all of the propety 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 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 Improvement District, in accordance with the special benefits conferred thereon, in the nammer 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 protion of said cost and expense of said improvement. Section 4. All of the aforesaid construction work' shall be in accordance with the plans, ironies, 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 by and made by contract upon competitive bids; and zaid City of Yakima shall have and reserves the right to reject any and all bids. Section 6. There is hereby created a specialfund to be called *Local Improvement District Fund, District No. 757 * , into which shall be placed all sums paid on account of the aforesaic special assessments,including all interest and penalties thereon; and, in the event of the sale of Local Improvement Bonds by said 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 the date of issucance,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 annualinstallments, 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 assess - ments therefor, and shall become effective immediately upon its passage, approval and publication as provided by City Charter. PASSED BY THE CITY COMMISSION, signed and q proved this 29th day of June, 1953'4 ATTEST: PEARL BENJAMIN ( SEAL ) G. W. BURNS City Clerk Mayor K- hereby certify that the foregoing is full, true and correct copy of Ordinance No. B -1469 entitled "`AN ORDINANCE providing for the improvement of property in the City of Yakima, Washington, by constructing an irrigation system to serve various lots and tracts of land;; establishing a. local improvement district; providing for the method pf payment therefor, and creating a special fund,",, as passed this 29th day of June, 1953, and that same has been published as required by law. r r Ale-A C I T C E R K