Loading...
HomeMy WebLinkAbout2850 AN ORDINANCE providing for the improvement of Cambrian Avenue, all in accordance with the plans, maps, and specifications on file in the office of the City En~ineer; adopting s~d Plans, maps and specifications; establishing an improvement district; providing for the levying of assessments for the payment of such improvement and making ~mch improvement payable by bonds, warrants or installment notes. THE CITY OF BREMERTON DOES ORDAIN: Section 1. That Cambrian Avenue as described below be improved by ~he construction of curbing, gutters, pavement, and storm drain and appurtenances together with the doing of any and all work in connection therewith as may be necessary to make such improvement a complete job, all in accordance with the maps, plans and specification's now on file in the office of the City Engineer of the City of Bremerton. Section 2. That the maps, plans and specifications prepared by the City Engineer, now on file in the office of said City Engineer, for the aforesaid improvement be and the same are hereby adopted. Section 3. Tha% the cost and wxpenae of said improvement shall be borne by .~d aSsessed against the property included in the assessment district herinafter created, in accordance with the provisions of the Revised ~ode of Washington 35.43.080 except such proportion of said cost ~as shall be borne by and paid for by the State of Was~gton or other governmental agency, which proportion of such cost and expense is hereby declared to be in ~ accordance with the special benefits genferred upon such property. Section 4. That there is hereby established and created a local improvement district to be called and known as: LOCAL IMPROV~tENT DISTRICT NO. 307 the boundaries of which are described as follows: Beginning at the intersection of the centerline of Cambrian Avenue with the South margin of' 13th Street, thence East 92 feet along said south line to a point 72 feet easterly and at right angles to the easterly margin of Cambrian avenue; thence South 60 feet along a line parallel to said easterly margin, thence East 38 feet along a line at right angles to said easterly margin; thence South ~65.37 feet along a line 110 feet parallel to the easterly w~_rgin of Cambrian Avenue, thence West 260 feet to a point at ~rl~ht angles to and 150 feet westerly of said easterly margin; thence North 625.47 feet along a line 110 feet parallel to westerl~ ~rgin of Ca~b~ Avenue; thence East to the point of beginning. Section 5. That the cost and expense of said improvement to be borne by s~id improvement district and exclusive of any portion borne by either the State of Washington or other govern- mental agency shall be assessed against said property included in said Improve~nt District in proportion to said area, except certain units wherein the special benefits ccaferred upon the property are not fairly reflected by the use of the termini and zeno method, the assessment shall be made ag_~_t~st the property Page -1- of the district in accordance with the special benefits it will derive from the i~provement without regard to the zone and termini method, and in accordance with the provisions of the Revised Code of Washington 35.43.080 and the remainder of said cost of the improvement to be paid fo~ b~ arrangement, if any, with the State of Washington or e~er governmental agency. Sectic~ 6. The bonds, warrants or instal~t notes bearing interes~ at a rate of not ~ore than six per cent per annum, payable on or before 10 years from the date of issuance, shall be issued in payment of the cost and expense of said i~prove~ent assessed against the property included in the district herein above described which bonds, warrants or installment notes shall be redeemed by a collection of special assessment levied and assessed against the property within said ~istrict, payable in equal annual installments, with interest at the rate of not to exceed eight percent per annum under the mode of payment by bonds, warrants or insta~nt notes as required by law and the ordinances of the City of Bremerton. These bonds, warrants or installment notes shall be delivered to the contractor in redemption of warrants on the Local Improvement District funds issued on the estimate of the City Engineer, or the City of Bremerton may, at its option, sell said bonds, warrants or installment notes and make such redemption in cash° Section 7. That this Ordinance shall take effect i~mediately following its passage and publication, as provided by law. PASSED by the City Council of the City of B~emerton, signed by the Mayor and attested by the City Clerk , thentic,tion thereof 3 0 of. JU[ ,196 . . . ATTEST: W. R. VAA, DEPUTY CITY CLERK