HomeMy WebLinkAbout1955-B-1754 i82
ORDINANCE NO. B -175
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 North 2nd Street from East "I" Street to Sycamore Street,
shall be improved by grading, ballasting, surfacing and constructing concrete curbs and
gutters, together with the necessary drainage features, except, that curbs and gutters are
to be omitted on approximately the southerly 636 feet thereof; all of said improvement to
be constructed in full accordance with the plans and specifications 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 a point on the North line of East "I" Street, midway between
North 2nd Street and Buwalda Street, thence northerly along a line midway
between North 2nd Street and Buwalda Street and said line extended to the
North line of Philips Suburban Tracts, thence westerly along said North line
to a point midway between North 1st Street and North 2nd Street, thence
southerly along a line midway between North lst Street and North 2nd Street
to the North line of East "I" Street, thence easterly along said North line
to the point of beginning, in the City of Yakima, Yakima County, Washington.
Section 2. There is hereby created a Local Improvement District to be called
"Local Improvement District No 825 ", which said district shall include all of the prop-
erty described and set forth in Section 1 hereof.
Section 3. All of the costs and expenses in connection with the construc-
tion of said improvement, including the cost and expense of engineering inspection, ad-
vertising, publication of notices and all other expenses incident thereto, shall be
levied and assessed upon all of the property embraced within said Local Improvement Di-
strict in accordance with the special benefits conferred thereon, in the manner and as
provided by the 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 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 one 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. 825 ", into which shall be placed all sums paid on account of
said 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 pub-
lication as provided by the City Charter.
PASSED BY THE CITY COMMISSION, signed and approved this 10th 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-1754 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 10th day of October, 1955 and that has been published
by law.
C I T Y L E R K