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HomeMy WebLinkAbout1955-B-1711 ri36 ORDINANCE NO. B-1711 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 West Lenox Avenue from Third Avenue South to the East line of Landon Avenue shall be improved by grading, ballasting, surfacing and by constructing concrete curbs and gutters on the South side thereof; all of said improvements to be con structed in full accordance with the plans and specifications prepared by the City Engi- neer and file with the City Clerk. The property to be benefited by this improvement con- sists of the following: . Beginning at the intersection of the North line of West Lenox Avenue with the East line of Third Avenue South; thence northerly along the East line of Third Avenue South to a point midway* between West Lenox Avenue and Stewart Street; thence easterly and parallel with West Lenox Avenue to a point midway between Landon Avenue and Rock Avenue; thence southerly and parallel with Landon Avenue to a point midway between West Lenox Avenue and West Prasch Avenue; 'thence westerly and parallel with West Lenox Avenue to the East line of Third Avenue South; thence northerly along said East line to the point of beginning, Section 2. There is hereby created a Local Improvement District to be called "Local Improvement District No 813 ", 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 constructs: of said improvement, including the cost and expense of engineering, inspection, adver- tising, 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 any portion of said costs and expenses of said im- provement. Section 4. All of the aforesaid construction work shall be in accordance - with the plans and specifications, profiles, maps and detailed drawings which have been prepared 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 have 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. 813 ", into which shall be placed all sums paid on account of the aforesaid special assessment, including all interest and penalties thereon; and, 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 llth day of July, 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-1711 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 llth day of July, 1915 and that has been published by law. ° �J C I TY LER'K