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HomeMy WebLinkAbout1954-B-1610 • ORDINANCE NO. B -1610 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 improve ment district, providing for the method of payment therefor, and creating • special fund. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. That property in the City of Yakima, Washington, shall be im- 1 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 33, inclusive, of Westview Addition to the City of Yakima, according to the recorded plat thereof on file in the office of the Auditor of Yakima County, Washington. Said improvements to be constructed in full accordance with the plans and specifications 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. 792 ", 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 of the cost of acquiring right of way easements, engineering, surveying, advertising, in- spection, 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 pro- vided 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 expens- . es of said improvement. Section 4.. All of the work necessary to be done in connection with the mak- ing 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. 792", 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 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 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 18th day of October 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 -1610 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 on the 18th day of October, 1954 and that same has been pub- lished as required by law. • j C I Y CLERK • •