HomeMy WebLinkAbout1956-B-1952 425
ORDINANCE NO. B -1952
AN ORDINANCE providing for the improvement of property in the City of Yakima, Washington
by the construction of a Domestic Water System, establishing a local
improvement district, providing for the method of payment therefor, and
creating a special fundl
BE IT ORDAINED BY THE CITY OF YAKIMA:
11 Section 1. That property in the city of Yakima, Washington, shall be
improved by the construction of a domestic water system with the necessary mains, fire
hydrants, valves and other appurtances for the purpose of supplying water for domestic
use and fire protection; said improvements to serve the property the boundaries of which
are described as follows:
Lots 6 to 20 inclusive, of Crescent Hill Homes and that portion of
Knobel Avenue being vacated; said portion lying between the Yakima
Valley Canal and a point 3$0 feet east of Crescent Hill Drive.
all of said improvements to be constructed in full accordance with the plans and
specifications prepared or 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. $49 ", 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 engineering, inspection, advertising, publication of notices, and any
other expenses incident thereto shall be levied and assessed against the above described
property as provided by law, and the balance of said costs and expenses shall be borne
by the City Nater Department; in accordance with the data and information heretofore
submitted and filed with the City Commission of the City of Yakima by the City Engineer
111 as required by law.
Section 4. All of the wdrk 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. $49" 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 this City, all premiums and
interest on said bnds issued for said improvement.
Section 6. Bonds bearing interest at the rate of 4% per annum,payable on
or before 10 years from date of issuance shall be issued in payment of the costs and
expense of the said improvement, which bonds shall be redeemed by the collection of
special assessments to be levied and assessed upon the property within the said,district,
payable in ten 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
assessments 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 29th day of
October, 1956.
ATTEST: J. A. SMITH (S E A L) KENNETH C. SCHUTT
City Clerk for the Mayor
I hereby certify that the foregoing is a full, true and correct copy of Ordinance
No. B -1952 entitled "AN ORDINANCE providing for the improvement of property in the
City of Yakima, Washington by the 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 on the 29th day of October, 1956, and that same
has been published as required by law.
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