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HomeMy WebLinkAbout3910 CITY OF ~, ~ASHINGTON ORDINANCE NO. 3910 AN ORDINANCE ordering the construction of local improvements in the City's Central Business District all in accordance with Resolution No. 2010 of the City Council; establishing Local Improvement District No. 325 and ordering the carrying out of the proposed improvement; providing that payment for the improve- ment be made in part by special assessments upon the property in the District, payable by the mode of "payment by bonds"; and providing for the issuance and sale of local improvement district warrants redeemable in cash or other short-term financing and local improv~nent district bonds. WHEREAS, by Resolution No. 2010 adopted April 18, 1984, the City Council declared its intention to order the improvement of the Central Business District of the City by the construction of a covered mall area and street improvements, and fixed May 31, 1984, at 6: 00 p.m., local time, in the Cc~am~nity Rock, Great Northwest Federal Savings and Loan, 6th and Pacific,Bremerton, Washington as the time and place for hearing all matters relating to the proposed improvement and all objections thereto and for determining the method of payment for the improvement; and WHEREAS, the City Engineer and the Planning Director caused an estimate to be made of the cost and expense of the proposed improvement and certified that estimate to the City Council, together with all papers and information in their possession touching the proposed improvement, a description of the boundaries of the proposed Local Improvement District (the "District'~) and a stats~e_nt of what portion of the cost and expense of the improvement should be borne by the property within the proposed District; and WHERF~£, that estimate is acccmpanied by a diagram of the proposed improvement showing thereon the lots, tracts, parcels of land, and other property which will be specially benefited by the proposed improvement and the estimated cost and expense thereof to be borne by each lot, tract and parcel of land or other property, together with a report of Charles Macauley & Associates on the benefits of the proposed improv~nents to the property in the proposed local improvement district; and WHEREAS, due notice of the above hearing was given in the manner provided by law, and the hearing was held by the City Council on the date and at the tim~ above mentioned and was duly continued to June 13, 1984, at 6:00 p.m. at the City Hall, and all objections to the proposed i~prov~_nt were duly onsidered and overruled by the City Council, and all persons appearing at such hearing and wishing to be heard were heard; and WHEREAS, the City Council has determined it to be in the best interests of the City that the in~provement as hereinafter described be carried out and that the District be created in connection therewith; NOW, THEREFORE, THE CITY COJNCIL OF THE CITY OF ~, ~%SHINGTON, DO ORDAIN, as follows: Section 1. The City Council of the City of Bremerton, Washington (th~ "City"), orders the improvements of the Central Business District of the City as follows: A. A fiberglass roofing structure will be constructed, which will extend on Fourth Street frcm approximately City Hall to the Foster & ~.{arshall Building. This roof will also be con- structed on Pacific Avenue Between. This roof will also be constructed on Pacific Avenue between Second and Sixth Streets. B. Lighting will be provided within the areas enclosed by the roof. This lighting will include neon as well as overhead lighting. C. Fourth Street between Park & Washington Avenues, in either or both blocks, may be closed to traffic, and shall be approved with landscaping, kiosks, street furniture and terracing in several areas. D. Gateways and these elements will be provided to identify the downtown of the City of Bremerton. E. Extensive landscaping will also be done on areas of Fourth and Pacific outside of the mall area. This land- scaping will include the planting of approximately 50 large trees. F. Pacific Avenue will becc~e a one-way street with diagonal parking and other street improvements such as the widening of sidewalks and further landscaping. -2- G. Second Street will be converted into a one-way street with diagonal parking, H, Gateways and theme elements will be provided for the entrances to the mall areas, including the inter- section of Washington and Fourth, the intersection of Pacific and Fifth, the intersection of Pacific and First, the intersection of Pacific and Burwell, and will also be provided at the end of the mall on Fourth Street. I. A staging area will be constructed at the inter- section of Pacific and Fourth Streets which can be used for various civic activities as well as for promotional activities such as car shows, boat shows, fashion shows, flea markets and farmers' markets. All of the foregoing shall be in accordance with the plans and specifications therefor prepared by Jacobson/Walsman Dewar Grout Cannon, a Joint Venture, of Seattle, Washington, and Vancouver, B.C., and may be modified by the City Council as long as such modification does not affect the purpose of the improvement. Section 2. There is created and established a local improvement district to be called Local Improvement District No. ~ of the City (the "District"), the boundaries or territorial extent of which District being more particularly described as the exterior boundary of the following: Plat of the "Town of Bremerton," recorded in Volume 2, Page 30, No. 3718, Kitsap County, Washington, as follows: Block 1: All lots Block 2: All lots Block 3: All lots Block 4: Lots 1 through the South half of Lot 5 Block 5: Lots 1 through 19 and Lots 28 through 47 Block 6: All lots Block 7: All lots Block 8: All lots Block 9: All lots Block 10: Lots 6 through 9 East of Puget Sound Naval Shipyard Block 12: Lots 1 through 12 Block 13: Lots 23, 24 and 25 Block 14: All lots Block 15: All lots Block 16: All lots The boundaries of the above-described land area can also be described as follows: - 3 - 4¸. North boundary: 6th Street, except for lots fronting on Washington Ave., extending West to the alley from 6th Street West boundary: Park Ave., between 6th Street and Burwell, and Puget Sound Naval Shipyard between Burwell and Washington Ave. South boundary: The apex of the triangle formed by the intersection of Blocks 1 and 10 and Puget Sound Naval Shipyard ownership East boundary: The alley West of Washington Ave., from 6th Street to 5th Street, and Washington Ave., from 5th Street Southerly to the South half of Lot 5, Block 4; then Southerly along the Easterly side of Lots 1 through the South half of Lot 5 in Block 4; and Southerly along the East side of Blocks 3, 2 and 1 to Puget Sound Naval Shipyard. All located in the City of Bremerton, as those plats are shown in the official records of the Kltsap County Auditor. Section 3. The total estimated cost and expense of the improvement is declared to be $5,200,000. Approximately $3,200,000 of the cost and expense shall be paid by the City and $2,000,000 shall be borne by and assessed against the property specially benefited by such improvement included in the District embracing as nearly as practicable all property specially bene- fited by such improvement. Section 4. In accordance with the provisions of RCW 35.44.047, the City may use any method or combination of methods to compute assessments which may be deemed to fairly reflect the special benefits to the properties being assessed. Section 5. Local improvement district warrants may be issued in payment of the cost and expense of the improvement herein ordered to be assessed, such warrants to be paid out of the "Local Improvement Fund, District No. ~' ," hereinafter created and referred to as the "Local Improvement Fund," and, until the bonds referred to in this section are issued and delivered to the purchaser thereof, to bear interest from the date thereof at a rate to be established hereafter by the City - 4 - Treasurer, as issuing officer, and to be redeemed in cash and/or by local improvement district bonds herein authorized to be issued, such interest-bearing warrants to be hereafter referred to as "revenue warrants." In the alternative, the City here- after may provide by ordinance for the issuance of other short- term obligations pursuant to Chapter 216, Laws of 1982. The City is authorized to issue local improvement district bonds for the District which shall bear interest at a rate and to be payable on or before a date to be hereafter fixed by ordinance. The bonds shall be issued in exchange for and/or in redemption of any and all revenue warrants issued hereunder or other short-term obligations hereafter authorized and not redeemed in cash within twenty days after the expiration of the thirty-day period fox the cash payment of assessments without interest on the assessment roll for the District. The bonds shall be redeemed by the collection of special assessments to be levied and assessed against the property within the District, payable in annual installments, with interest at a rate to be hereafter fixed by ordinance under the mode of "payment by bonds," as defined by law and the ordinances of the City. The exact form, amount, date, interest rate and denominations of such bonds shall be hereafter fixed by ordinance of the City Council. Such bonds shall be sold in such manner as the City Council shall hereafter determine. Section 6. In all cases where the work necessary to be done in connection with the making of such improvement ls carried out pursuant to contract upon competitive bids, the call for bids shall include a statement that payment for such work will be made in cash warrants drawn upon the "Local Improvement Fund." Section 7. There is created and established in the office of the City Treasurer for the District the Local Improvement - 5 - Fund, into which fund shall be deposited the proceeds from the sale of revenue warrants or other short-term obligations drawn against the fund which may be issued and sold by the City and collections pertaining to assessments, and against which fund shall be issued cash warrants to the contractor or contractors in payment for the work to be done by them in connection with the improvement, and against which fund cash warrants shall be issued in payment for all other items of expense in connection with the improvement. Section 8. Within fifteen (15) days of the passage of this ordinance there shall be filed with the City Treasurer the title of the improvement and District number, a copy of the diagram or print showing the boundaries of the District and the preliminary assessment roll or abstract of such roll showing thereon the lots, tracts and parcels of land that will be specially bene- fited thereby and the estimated cost and expense of such improvement to be borne by each lot, tract or parcel of land. The City Treasurer shall immediately post the proposed assess- ment roll upon his index of local improvement assessments against the properties affected by the local improvement. APPROVED by the City Council on the ~ reading this c~O day of ~%~2-e-e___ , 1984. PASSED by the City Council of the City of Bremerton, signed by the Mayor and attested by the City Clerk in authentication of its passage this ~ day of ~,r,,- , 19 ~ . ATTEST: ~ayor APPROVED AS TO FORM: City Att~6rney 0733b -- 6 --