HomeMy WebLinkAbout1954-B-1565 618
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ORDINANCE NO. B -1565
AN ORDINANCE providing for the improvement of property in the City of Yakima, Washington
by the construction of a domestic water system, 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 property in the City of Yakima, Washington, shall be im-
proved by the construction of a domestic water system, with the necessary mains, fire
hydrants, valves and other appurtenances for the purpose of supplying water for domestic
use; said improvements to serve the property, the boundaries of which are described as
follows:
Lots 1 to 16, inclusive, of. Hillacre'Addition to the City of
Yakima, Yakima County, Washington;
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all of said improvements to be constructed in full accordance with the plans and speci-
fications to be prepared by the City Engineer.
Section 2. There is hereby created and established a Local Improvement
District, to be called "Local Improvement District No. 772 ", 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 of said. improvement, including the
cost of acquiring right of way easements, engineering, surveying, advertising, inspec-
tion, publication of notices and all other expenses incident thereto, shall be levied
and assessed upon all of the property embraced within the 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 manner for any portion of said costs and expenses of
said improvement.
Section 4. All of the work necessary to be done in connection with the
making of said improvement shall be done by the City of Yakima.
Section 5. There is hereby created a special fund, to be called "Local
Improvement Fund, District No. 772 ", into which shall be paid all sums paid on account
of the aforementioned special assessment, including all interests 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.
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Section 6. 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 the said improvement; which bonds shall be redeemed by the collec-
tion of special assessments to be levied and assessed upon the property within said
district, payable in ten 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 de-
fined by the statutes of the State of Washington and the ordinances of the City of
Yakima.
Section 7. This ordinance is one relating a local improvements or assess-
ments therefor, and shall become effective immediately upon its passage, approval and
publication as provided by the City Charter.
PASSED FY THE CITY COMMISSION, signed and approved, this 14th 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- 1564 entitled "AN ORDINANCEproviding for the improvement of property in the City
of Yakima, Washington, by the construction of a domestic water system, establishing a
local improvement district, providing for the method of payment therefor, and creating
a special fund." as passed this 14th day of June, 1954 and that same has been published
as required by law.
Li .
CITY CLERK
Ill
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