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HomeMy WebLinkAbout1955-B-1755 tt3 ORDINANCE NO. B-1755 AN ORDINANCE providing for the improvement of certain property by grading, ballasting, surfacing and construction concrete curbs and gutters; establishing a local improvement district, providing for the method of payment therefor, and ere ating a special fund. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. That 31st Avenue South from Tieton Drive to a point approximate y 637 feet North thereof shall be improved by grading, ballasting, surfacing and construc- ting concrete curbs and gutters, together with the necessary drainage features; 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 bene- fited by this improvement consists of the following: Lots 13 to 22 inclusive, of Neilan's Memorial Heights; also, the East 142..5 feet of the West 305 feet of the Southwest quarter of the Southwest quarter of the Southwest quarter of Section 23, Township 13 North, Range 18 E.W.M., otherwise known as a portion of Lots 1 to 10 inclusive, of Block 1 of See - gert's Subdivision, Unrecorded, in the City of Yakima, Yakima County, Wash- ington. Section 2. There is hereby created a Local Improvement District to be called "Local Improvement District No. 826 ", which said district shall include all of the property 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 Yakim., and said city shall not be liable in any manner for any portion of said costs and ex- penses 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 done and made by contract upon competitive bids; and th City shall have the power to reject any and all bide. Section 6. There is hereby created a special fund to be called "Local Im- provement Fund, District No. 826 ", into which shall be placed all sums paid on account o the aforesaid special assessments, 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 payabl: annually, under the mode of "Payment by Bonds" as defined by the statutes of the State o 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 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 -1755 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 • C L E R K '