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HomeMy WebLinkAbout1956-B-1813 1 260 ORDINANCE NO. B -1$13 AN ORDINANCE providing for the improvement of .property in the ,City of Yakima by construc- tion 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 the following described property in the City of Yakima, Washington, shall be improved by the construction of a domestic water system, with the necessary main, fire hydrants, valves and other appurtenances for the purpose of supply- ing water for domestic use and fire protection; said improvement to serve the property the boundaries of which are described as follows: Beginning at the intersection of the center line of Fair Avenue and the center line of Terrace Heights Way; thence east 326.9 feet; thence south parallel with Fair Avenue to the south line of the Southwest quarter of the Northwest quarter of the Northwest quarter of Section 20, Township 13 • North, Range 19 E.W.M.; thence west along the south line of said sub- division to a point 132 feet east of the southwest corner thereof; thence southparallel with Fair Avenue to the center line of. East Spruce Street; thence west 132 feet to the center line of Fair Avenue; thence north along the center line of Fair Avenue to the point of beginning, Yakima, Yakima County, Washington; all of said improvement to be constructed in full accordance with the plans and specifi- cations 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. $30" 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, including the,cost of acquiring right of way easements, engineering, surveying, advertising, inspec- tion, publication of notices and other expenses incident thereto, the same being estimat- ed by the City Engineer to be approximately3669.43,shall be levied and assessed upon all of the property embraced within said Local Improvement District, in accordance - with the special benefits conferred theron, in the manner provided by the laws of the State of Washington and the ordinances of the City of Yakima; and the City Water Department shall pay the remainder of the cost and expense of said improvement, said portion being estima- ted by the City Engineer to be approximately the sum of 3938.$6, 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 making of said improvement shall be done by the City of Yakima. Section 5. There is hereby created a special fund, to be called "Local Improvement Fund, District No. $30 ", 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 interest on said bonds ossued 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 statutes 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 January, 1956. 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 - 1$13 entitled "AN ORDINANCE providing for the improvement of property in the City of Yakima by construction of a domestic water system, establishing a local improvement district, providing for the method of payment therefor, and creating a special fund." as passed this 3rd day of January, 1956, and that same has been published as required by law. 41441 t'' ii;r714;4 CI /TY CLERK 1