HomeMy WebLinkAbout1953-B-1498 P r-
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ORDINANCE NO. B -1498
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 1. That North Naches Avenue from East "I" Street to East "K" Street 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 the southeast corner of the intersection of East "K"
Street and North Naches Avenue; thence easterly along the south line
of East "K" Street 147.5 feet; thence southerly and parallel with
North Naches Avenue to the north line of East "I" Street; thence
westerly along said north line 345 feet; thence northerly and parallel
with North Naches Avenue to the south line of East ? ?K?r Street, thence
easterly along said south line to the point of beginning.
Section 2. There is hereby created a Local Improvement District to be called
Local Imrpvement District No. 764, 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 construct-
ion 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 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 amnner for any protion of said cost and expense of said improvement.
Section 4. All of the aforesaid constuction 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 competitibe 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. 764," 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 interedt 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
in10 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 cr dinance is one relating to local improvements or assessments
therefor, and shall become effective immediately upon its passage, approval and publicat-
ion as provided by City Charter.
PASSED BY THE CITY COMMISSION, signed and approved this 5th day of October, 1953.
ATTEST: PEARL BENJAMIN ( SEAL ) G. W. BURNS
City Clerk Mayor
I hereby certify that the foregoing is a full, true and correct copy of Ordinance
No. B -1489 entitled "AN 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 5th day of October, 1953, and that same has been
published as required by law.
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