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HomeMy WebLinkAbout1953-B-1475 499 ORDINANCE NO. B -1475 . AN ORDINANCE providing for the improvement of certain- property by grading, ballasting, ,surfacing and constructing concrete curbs and gutters; establishing a 'Local Improvment District, providing for the method of payment therefor, . and creating a special fund. . BE IT ORDAINED BY THE CITY OF YAKIMA: Section , 1. That Thirty -fifth Avenue South from Tieton Drive to West Chestnut Street and West Walnut Street from Thirty -fifth Avenue South to South Hilicrest Avenue shall be improved by grading, ballasting, surfacing and constructing concrete curbs and gutters. The district to be served and benefited by and assessed for the above 'described improvement is situated in the City of Yakima, Yakima County, Washington and described as follows, to -wit: Lots 4 to 12, both inclusive, Heyduck Park; and lots 6 to 20, both inclusive, Martin's Addition No. 1, according to the officail plats thereof recorded in the office of the Auditor of Yakima County, Washington, and the west half of the east half of the west half of the southeast quarter of the southeast quater of Section 22, Township 13 North, Range 18 E.W.M. - Section 2. There is hereby created a Local Improvement District to be called Local Improvement District No. 759 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, inspec- tion, advertising, publication of notices and all other expenses incident thereto, shall be levied and assessed upon all of the property embraced within said Local Improve- ment 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 cost ane 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 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 is hereby created a special fund to be called "Local Improvement Fund, District No. 759 ", 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 interm est 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 assess- "' ments therefor, and shall become effectibe immediately upon its passage, 'approval and publication as provided by City Charter. PASSED BY THE CITY "COMMISSION signed and approved, this 13th day of July, 1955. ATTEST: PEARL BENJAMIN ( SEAL ) G. W. BURNS City Clerk Mayor I hereby certify that the foregoing is full, true and correct copy of Ordinance No. B -1475 entitled "AN ORDINANCE pro •viding 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 13th day of July, 1953, and that same has been published as required by law.. G 2�•�'�y1 /I C I T Y L E R K