HomeMy WebLinkAbout1954-B-1575 1 628
ORDINANCE_ NO. B -1575
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 im-
provement 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, Block 2 of Shannon Homes, addition
to the City of Yakima, Yakima County, Washington, according
to the recorded plat thereof;
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. 776 ", which said district shall
include all of the property described and set forth in Section 1 hereof.
Section 3. All of the cost and expens.e 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 im-
provement.
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. 776 ", 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.
Section 6. Bonds bearing interest at the rate of 4% 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
ten equal annual installments, with interest at the rate of 4 per cent per annum, inter-
est 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 7. 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 19th day of July,
195
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 -1575 entitled "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." as passed this 19th day of July, 1954 and that same has been published
as required by law.
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C I T Y C L E R K