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HomeMy WebLinkAbout1955-B-1713 1.39 ORDINANCE NO. B -1713 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: 111 Section 1. That Swan Avenue from 15th Avenue North to 16th Avenue North . and the East side of 16th Avenue North from Cherry Avenue to Fruitvale Boulevard shall b 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 speci- fications 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 the intersection of the East line of 16th Avenue North with the South line of Fruitvale Boulevard; thence easterly along said South line of Fruitvale Boulevard a distance of 147 feet; thence southerly and parallel with 16th Avenue North to a point 150 feet North of Swan Avenue; thence easterly and parallel with Swan Avenue to 15th Avenue North; thence southerly along 15th Avenue North to a point 142.7 feet South of Swan Avenue; thence westerly and parallel with Swan Avenue to a point 147 feet East of 16th Avenue North; thence southerly and parallel with 16th Avenue North to the westerly right -of -way line of the Pacific Power and Light Cols wasteway; thence southwesterly along said right -of -way line to the East line of 16th Avenue North; thence northerly along said East line to the point of beginning; situate in Yakima, Yakima County, Washington. Section 2. There is hereby created a Local Improvement District to be called "Local Improvement District No. 814 ", which said district shall include,all of the property described and set forth in Section 1 hereof. Section 3. All of the costs an_d 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, shat 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 as follows: the total cost of improving Swan Avenue is to be borne by.all of the property owners in said district; the property on 16th Avenue North is to be assessed for the cost of the curb and gutter, plus a proportionate share of the overhead expense; and, the cost of grading, ballasting, and surfacing on 16th Avenue North together with the balance of the overhead expense is to be borne by the City of Yakima. Section 4. All of the aforesaid construction work shall be in accordance with the plans, 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. 814 ", 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 inter- est 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°o 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 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 18th 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 -1713 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 creatin_ a special fund." as passed on the 18th day of July, 1955 and that has been published by law. / / 0 o' . / • C I T I C L E R K _A4