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HomeMy WebLinkAbout1957-B-2023 r50 . ORDINANCE NO. B -2023 AN ORDINANCE providing for the improvement of certain property by grading, ballasting, surfacing, constructing concrete curbs and gutters, establishing a Local Improvement District, providing for the method of payment thereof, and crea- ting a special fund. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. That the following streets shall be improved by grading, ballas- ting, and surfacing with asphaltic concrete: GROUP "A": East Race Street from South 1st street to South Front Street. South Front Street from East Race Street to a point midway between East Pine Street and East Spruce Street. That the following streets shall be improved by grading, ballasting, surfacing with as- phaltic concrete and constructing concrete curbs and gutters, together with any necessary drainage features: GROUP "B": Logan Avenue from 4th Avenue South to 7th Avenue South. GROUP "C ": Petzel Avenue from 36th Avenue South to Nob Hill Boulevard. All of said improvements shall be constructed in full accordance with the plans and spe- cifications prepared by the City Engineer and filed with the City Clerk. Section 2. There is hereby created a Local Improvement District, to be call- ed "Local Improvement District No. 853 ", which said district shall include all of the property adjacent to the above - mentioned improvements which are subject to assessments. Section 3. All of the costs and expenses in connection with the onstruc- tion of said improvement, including the cost and espense of engineering, inspection, ad- vertising, publication of notices, and all other expenses incident thereto, shall be lev- ied 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 expenses of said improvement, with the exception that on the streets in GROUP "A ", the City shall perform any necessary grading as well as any other work which may be required other than the bal- lasting and surfacing. Section 4. All of the aforesaid construction work shall be in accordance with the plans and specifications, profiles, maps 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 mak- ing 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 Im- provement Fund L istrict No. 853 ", 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 the City, all premium 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 costs and expense of said improvement, which bonds shall be redeemed by the collection of special assessments to be leviied and assessed upon the property within said district, payable in ten equal annual installmants with interest at the rate of 4 & per annum, interest pay- able annually under the mode of payment "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 City Charter. PASSED BY THE CITY COMMISSION, signed and approved this 13th day of May, 1957. ATTEST: J. A. SMITH ( S E A L ) JOE K. ALDERSON CITY CLERK MAYOR I hereby certify that the foregoing is a true, full and correct copy of Ordinance No. B -2023 entitled "AN ORDINANCE providing for the improvement of certain property by grading, ballasting, surfacing, constructing concrete curbs and gutters, establishing a Local Improvement District, providing for the method of payment thereof, and creating a special fund." as passed on the 13th day of May, 1957, and that the same has been pub- lished as required by law. /MU T Y C L E RK' L_