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HomeMy WebLinkAbout1955-B-1721 149 ORDINANCE.NO. B -1721 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 cre- ating a special fund. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. That Richey Road from Crescent Hill Drive to 44th Avenue North, and 42nd Avenue North "from Sunset Avenue to Douglas Drive, shall be improved by grading, ballasting, surfacing, and constructing concrete curbs and gutters, together with the necessary drainage, features; 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 propoerty to be benefited by this improvement consists of the following: Lots 5 to 12 inclusive, of Phipps! Addition; Lots 1 to 20 inclusive, and 24 to 30 inclusive, of Harland Addition; also,_the Northwest quarter of the Southeast quarter of the Northeast quarter of the Northwest quarter of Sec - tion 22, Township 13 North, Range 18 E.W.M., and the South half of the Northeast quarter of the Southeast quarter of the Northeast quarter of the Northwest quarter of Section 22, Township 13 North, Range 18 E.W.M., situat in the City of Yakima, Yakima County, Washington. Section 2. There is "hereby created a Local Improvement District to be call "Local Improvement District No. 816 ", which'said district shall include all of the_prop- erty described in an 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 any 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 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 of Yakima 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. 816 ", 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% per annum interest payable annually, under the mode of "Payment by Bonds" as defined by the statues 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 1st day of August, 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 -1721 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 1st day of August, 1955 and that has been published by law. i 4 C I T E R K _.1