HomeMy WebLinkAbout1955-B-1700 r124. ORDINANCE-NO. B -1700 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 Prasch Avenue from 8th Avenue South to 9th Avenue South, shall be improved by grading, ballasting, surfacing, and constructing concrete curbs and gutters; all of said improvements 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 benefited by this improvement consists of the following: Beginning at a point on the East line of 9th Avenue South, midway between Prasch Avenue and Lenox Avenue; thence easterly and parallel with Prasch Avenue to the West line of 8th Avenue South; thence southerly along said West line to a point midway between Prasch Avenue and Viola Avenue; thence westerly and parallel with Prasch Avenue to the East line of 9th Avenue South; thence Northerly 'along said East line to the point of beginning, Yakima, Yakima County, Washington. Section 2. There is hereby created a Local Improvement District to be calle5.. Local Improvement District No. 811, which said district shall include all of the property described and set forth in Section 1 hereof. Section 3. All of the costs and expenses 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 and portion of said costs and expenses 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 pre- pared 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 mak- ing of said improvement shall be done and made by contract upon competitive bids; and the City shall the power to reject any and all bids. Section 6. There is hereby created a special fund to be called "Local Im- provement Fund, District No. 811 ", into which shall be placed all sums paid on account of the aforesaid special assessment, including all interest and penalties thereon; ands in the event of the sale of Local Improvement Bonds by the City, all premiums and interest on said bonds issued for said improvement. Section 7. Bonds bearing interest at the rate of 4% 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; which bonds shall be redeemed by the collection of special assessments to be levied and assessed upon the property within said district, payable in 10 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 8. 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 20'h day of June, 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 -1700 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 on the 20th day of June, 1955 and that has been published by law. T Y�/LERK