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HomeMy WebLinkAbout1955-B-1660 P REPEALED BV URIJINAN:. E 14Q/ r ORDINANCE-NO.. 8-1660 AN ORDINANCE providing for the formation of an enlarged local improvement district for the improvement of Gilbert Park located in "The Uplands" by grading, seed- ing, setting*out' trees and shrubs, installing an irrigation system and constructing a.parking area, establishing a.LocaLImprovement 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 grading, seeding, setting out trees and shrubs, installing an irrigation system and constructing a parking area at Gilbert Park located in "The Uplands ", and that an enlarged local improvement district shall - - be - - formed for that purpose. The area to be included in the enlarged district is described as follows, to -wit: • Beginning at Summitview Avenue and Crescent Drive (40th Avenue North); thence north on Crescent Drive to Richey Road; thence West along Richey Road to 42nd Avenue North; thence North along 42nd Avenue North to Douglas Drive; thence West along Douglas Drive to 44th Avenue North; thence North along 44th Avenue North to Englewood Avenue; thence West along Englewood Avenue to 49th Avenue North; thence South along 49th Avenue North to Richey Road; thence West along Richey Road to the West line of "The Up- lands"; thence South along. said West line to Sunset Avenue; thence East. along Sunset Avenue to the -West line of Block 5, "The Uplands ", extended; thence South along said West line to the Yakima Valley Canal; thence Southeasterly along said canal to Summitview Avenue; thence East along Summitview Avenue to the point of beginning; said improvements to be done in strict,compliance with the plans and specifications furnished by the park superintendent and filed with the City Clerk. Section 2. There is hereby created and established a Local Improvement District, to be called "Local Improvement District No. 800 ", which said district shall include all of the property described and set forth in Section 1 hereof. Section 3. One -half of the cost and expense of said improvement, including the engineering, inspection, advertising, publishing of notices., and all other expenses incident thereto shall be paid for by special assessments to be levied against the • property in the said district as provided by law, and one -half the total cost of said improvement shall be assumed by the Metropolitan Park District of the City of Yakima, in the manner provided by the Laws-of the...State of Washington and the Ordinances of the City of Yakima. Section 4. All of the work necessary to be done in connection with the making of said improvement may be done partially by the Metropolitan Park District and partly by contract upon competitive bids, and the right is reserved to reject any and all bids. . Section 5. There is hereby created a special fund, to be called "Local Improvement District Fund, District No. 800 ", into which shall be placed all sums paid on account of said special assessments, including all interest and penalties thereon; and in the event of the sale of Local Improvement Bonds by said 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 ex- pense 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 pay - 'able 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- ment 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. 14th day of Febru- ary, 1955. 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 -1660 entitled "AN ORDINANCE providing for the formation of an enlarged local im- provement district for the improvement of Gilbert Park located in "The Uplands" by grad- ing, seeding, setting out trees and shrubs, installing an irrigation system and construe - ing a parking area, establishing a Local Improvement District; providing for the method of payment therefor, and creating a special fund. ". as passed on the 14th day of February, 1 955 and that has been published by law. • AO • ,4„ti , C I T Y // L E R K