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HomeMy WebLinkAbout1956-B-1820 267 AItflTNANCF NO R -1820 AN ORDINANCE providing for the improvement of certain property by constructing at pipe sewer with the necessary wye branches and manholes; establishing a Local Improvement District, providing for the method of payment thereof, and cre- ating a special fund. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. That the hereinafter described property in the City of Yakima, Washington, shall be improved bythe construction of a pipe sewer with the necessary wye branches and manholes, and by doing such other work as may be necessary in connection therewith. Section 2. There is hereby created and established a Local Improvement District to be called "Local Improvement District No. 832" which said district is des - cribed as follows: Lots 1 to 1$ inclusive of Petzel Addition to the City of Yakima, according to the plat thereof recorded in the office of the Auditor. of Yakima County, Washington. Section 3. All of the costs and expenses in connection with the making and construction of said improvement, including the engineering, inspection, advertising, publication of notices, obtaining right -of -way easements and all other expenses incident thereto, shall belevied and assessed 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 said city shall not be liable in any manner for any portion of said cost and expenses of said improvement. Section 4. All of the aforesaid construction shall be in full 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 mak- ing of said improvement shall be done and made by contract upon competitive bids; and said City of Yakima shall have and reserve the right to reject any and all bids." Section 6. There is hereby created a special fund, to be called "Local Improvement Fund, District No.. $32 ", into which shall be paid all sums 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 this 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 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 10 equal annual installments, with interest at the rate of 4% per annum, interest pay- able 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 $. This ordinance is one relating to local improvements therefor, and shall become effective immediately upon its passage, approval and publication as pro - vided by the city charter. PASSED BY THE CITY COMMISSION, signed and approved this 16th 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 -1320 entitled "AN ORDINANCE providing for the improvement of certain property by constructing a pipe sewer with the necessary wye branches and manholes; establishing a Local Improvement District, providing for the method of payment .thereof, and creating a special fund. "las passed this 16th day of January, 1956, and that same has been pub- lished as required by law. L/ C I T Y / C L E R K