HomeMy WebLinkAbout1955-B-1767 - -- - - - - - _ -- - -= ORDINAN,CE NO. B -1767 AN ORDINANCE providing for the improvement of certain property by grading, and paving' with asphaltic concrete placed on a crushed rock base; 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 various alleys in the City of Yakima shall be improved by grading and paving with asphaltic concrete placed on a crushed rock base, all 'of said improvements to be constructed in full accordance._with the plans and specifications prepared by the City Engineer and filed with the Clerk. The property to be benefit- ed by this improvement consists of the following, to -wit: • Lots i to 16, inclusive, Block $9, Original Townsite of North Yakima, now City of Yakima; Lots 1 to 16- inclusive, Block 109, Original Townsite of North Yakima, now pity of Yakima; . • Lots 1 to 20, inclusive, Block 35, New Modern Addition; Lots 1 to 24, inclusive Block 2, Hi_ilcrest Addition; according to the recorded plats thereof recorded in the • • office of the Auditor of Yakima County, Washington. Section 2. There is hereby created a Local Improvement District to be call- ed Local Improvement District No. 82$, which said.district shall include all of the. property described and set forth in Section 1 hereof. Section 3. All of the cost and expense 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 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 expens- es 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 pre- pared 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 making of said improvement shall be done 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 Improvement Fund, District No. 82b ", into which shall be placed all sums paid on account of the aforesaid special assessments, including all interest and penalties thereon; and, in the event of the sale of Local Improvement Bonds by said 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 percent 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 publication as provided by the C ity Charter. • • PASSED BY THE CITY COMMISSION, signed and approved, this 24th day of October, 1955. ATTEST: PEARL BENJAMIN' (S E A L) STEPHEN H. HUZA' City Clerk Mayor - Protem • I hereby certify that the foregoing is a full, true and correct copy of Ordinance No. B -1766 entitled "AN ORDINANCE providing for .the .improvement ' of : certai grading, and paving with asphaltic concrete placed on a crushed rock base; establishing a rock base; establishing a Local Improvement District, providing far the method of pay- ment therefor, and creating a special fund." as passed on the 24th day of October, 1955 and that same has been published by law. • 44 • .0 ITYyC RK - •