HomeMy WebLinkAbout1954-B-1563 � 6
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ORDINANCE NO. B -1563
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 6th Street 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 benefit-
ed by this improvement consists of the following:
Beginning at the intersection of North Sixth Street and East
"I" Street; thence westerly along East "I" Street to the alley
between North Sixth Street and North Naches Avenue; thence
northerly along said alley to East "K" Street; thence easterly
along East "K" Street to the alley east of North Sixth Street;
thence southerly along said alley to East "I" Street; thence
westerly along East "I" Street to the point of beginning.
Section 2. There is hereby created a local Improvement District to be
called Local Improvement District No. 770, 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 Improvement
District in accordance with the special benefits conferred thereon, in the manner and as
provided by 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 and expense
of said improvement.
Section 4. All of the aforesaid construction work shall be in accordance
with the plans, specifications, profiles, 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. 770 ", 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 inter-
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 the date of issuance, shall be issued in payment of
the cost and expense of said improvement; thich bonds shall be redeemed by the collec-
tion of special assessments to be levied and assessed upon the property within the dis-
trict, 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 $. 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 the City Charter.
PASSED BY THE CITY COMMISSION, signed and approved, this 2nd day of June,
1954.
ATTEST: PEARL BENJAMIN (S E A L) G. W. BURNS
City Clerk Mayor
I hereby certify that the foregoing is a full, true and correct copy of Ordinance
No. B - 1563 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 2nd day of June 1954 and that same has been published as
required by law.
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