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HomeMy WebLinkAbout1956-B-1862 3 ORDINANCE NO. B -1862 AN ORDINANCE providing for the improvement of certain property in the City of Yakima, Washington, by constructing an irrigation system to serve various lots and tracts of land; 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 an irrigation system shall be constructed to serve all of the lots and tracts of land included. within the following described district: Beginning at the intersection of Mead Avenue and 6th Avenue South; thence southerly along 6th Avenue South to King Street; thence easterly along King Street to 5th Avenue South; thence northerly along 5th Avenue South to Mead Avenue; thence easterly along Mead Avenue to the north-south property line between Lots 2 and 3 of Broadway -Mead Half Acre Tracts No. 1; thence south to the north line of Lot 5 of said subdivision; thence east along the north line of said Lot 5 extended to the.center line of 3rd Avenue South; thence southerly along the center line of 3rd Avenue South to Pierce Street; thence westerly along Pierce Street to Cornell Avenue; thence northerly along Cornell Avenue to Mead Avenue; thence easterly along Mead Avenue to the point of beginning, situate in the City of Yakima, Yakima County, Washington; said improvement to consist of the construction the necessary headworks, main line, laterals, service connections and other appurtenances to deliver water for irrigation • purposes to each of the lots and tracts of land within the proposed district. Section 2. There is hereby created and established'a Local Improvement Di- . strict, to be called "Local Improvement District No. 837 ", which said district shall in- clude all of the property described and set forth in Section 1 hereof. Section 3. The cost and expense in connection with the making and construc- tion of said improvement, including the engineering, inspection, 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 provided by the laws of the State of Washington and the ordinances of the City of Yakima. Section L. All of the aforesaid construction work shall be in accordance with the plans and specifications 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 making of said improvement shall be done by 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 Im- provement District Fund, District No. 837'!, into which shall be placed all sums paid on account of the aforesaid special assessments, including all interest and penalties there- on; 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% per annum, interest payable annually, under the mode of "Payment by Bonds", as defined by the statues 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 PASSED BY THE CITY COMMISSION, signed and approved this 26th day of March, 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 -1862 entitled AN ORDINANCE providing for the improvement of certain property in the City of Yakima, Washington, by constructing an irrigation system to serve various lots and tracts of land; establishing a Local Improvement District; providing for the method of payment therefor, and creating a special fund." as passed on the 26th day of March, 1956, and that same has been published as required by law. 1 • C IT, C L E R K •