HomeMy WebLinkAbout1955-B-1750 ' 78
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ORDINANCE NO. B -1750
AN ORDINANCE providing for the improvement of property in the City of Yakima by the
construction of a domestic water system, 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 property in the City of Yakima, Washington, shall be im-
proved by the construction of a domestic water system, with the necessary main, fire
hydrants, valves and other appurtenances for the purpose of supplying water for domestic
use; said improvements to serve the property the boundaries of which are described as
follows:
Lots 1 to 13 inclusive of Chestnut Park Addition to the City of Yakima,
according to the official plat thereof, recorded in the office of the
Auditor of Yakima County, Washington;
all of said improvements to be constructed in full accordance with the plans and speci-
fications to be prepared by the City Engineer. .
Section 2. There is hereby created and established a Local Improvement
District, to be called "Local Improvement District No. 824" which said district shall
include all of the property described and set forth in Section 1 hereof.
Section 3. A portion of the cost and expenses of said improvement, includ-
ing the cost of acquiring right of way easements, engineering, surveying, advertising,
inspection, publication of notices and other, expenses incident thereto, the same being
estimated by the City Engineer to be approximately $3569.86, shall be levied and assesses'
upon all of -the property embraced within said Local Improvement District, in accordance
with the special benefits conferred thereon, in the manner provided by the laws of the
State of Washington and the ordinances of the City of Yakima; and the City Water Depart-
ment shall pay the remainder of the cost and expense of said improvement, said portion
being estimated by the City Engineer to be approximately the sum of $3510.11, pursuant
to segregation of said costs in accordance with Resolution No. C -1051, adopted on March
30, 1953. .
Section 4. All of the work necessary to be done in connection with the mak
ing of said improvement shall be done by the City of YQkima.
Section 5. There is hereby created a special fund, to be called "Local Im-
provement Fund, District No. 824 ", into which shall be paid all sums paid 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 the city, all premiums and inter-
est on said bonds issued for said improvement.
Section 6. 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 ex-
pense 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
ten 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 7. 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 3rd day of October,
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 -1750 entitled "AN ORDINANCE providing for the improvement of property in the City
of Yakima by the construction of a domestic water system, establishing a local improve-
ment district, providing for the method of payment therefor, and creating a special fund "
as. passed on the 3rd day of October, 1955 and that has been published by law.
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C I T Y ` L E R K