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HomeMy WebLinkAbout1955-B-1737 1_65 1 ORDINANCE NO. B -1737 AN ORDINANCE providing for the improvement of certain property by constructing a pipe sewz with the necessary wye branches and manholes; establishing a local improvemen district, providing for the method of payment therof, and creating a special fund. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. That the hereinafter described property in the City of Yakima, Washington, shall be improved by the construction of pipe sewers with the necessary wye branches and manholes and by doing all such other work as may be necessary in connection therewith. Section 2. There is hereby created and established a Local Improvement Di- strict to be called "Local Improvement District No. .820 ", which said district is described as follows: Lots 1 to 13, .inclusive, of Chestnut Park Addition, Yakima, Yakima County, Washington. Section 3. All of the costs and expenses in connection with the making and construction of said improvement, including the engineering, inspection, advertising, pub- lication of notices, cost of acquiring right -of -way easements, -and all other expenses in- cident 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 provided by laws of the State of Washington and the ordinances of the City of Yakima; and the 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 shall be in full accordance wite 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 makin : of said improvement shall be done and made by contract upon competitive bids; and the said City of Yakima shall have and reserve the right to reject any and all bids. Section 6. There is hereby created a special fund, to be called "Local Im- provement Fund, District No. 820", into which shall be paid all sums on account of the aforementioned special assessment, including all interest and penalties thereon; and, in the event of the sale of Local Improvement Bonds by this City, all premiums and interest o 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 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 assessment= 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 assessmal therefor, and shall - become effective immediately upon its passage, approval and publicatio as provided by City Charter. PASSED BY THE CITY COMMISSION, signed and approved this 6th day of September, 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 -1737 entitled "AN ORDINANCE providing for the improvement of certain property by con- structing a pipe sewer with the necessary wye branches and manholes; establishing a local improvement district, providing for the method of payment thereof, and creating a special fund." as passed on the 6th day of September, 1955 and that has been published by law. 4del 712 C I T Y C E R K