HomeMy WebLinkAbout2787 AN ORDINANCE providing for the improvement
of Jacobson Boulevard, all in accordance
with the plans, maps, and specifications on
file in the office of the City Engineer;
adopting said plans, maps and specifications;
establishing an improvement distPict~ providing
for the levying of assessments for the payment
of such improvement and making such improvement
payable by bonds, warrants om installment notes.
THE CITY OF BREMERTON DOES ORDAIN:
Section 1. That Jacobson Blvd. as describ ed below,
be improved by the construction of sanitary sewers and apputenances,
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 specificaions now on file in the
office of the City Engineer of the City of BPmerton.
Section 2. That the maps, plans and specifications
prepared by the City Engineer, now on file in the office of said City
Engineer, fop the aforesaid improvement be and the same ape hereby
adopted.
Section 3. That the cost and expense of said improvement
shall be borne by and assessed against the property included in the
assessment dist~ct hereinafter created, in accordance with the provi-
sions of the Revised Code of Washington 35.~3.080 except such proportion
of Lid cost as shall be borne by and paid for by the State of Washington
or other governmental agency~ which proporation of such cost and expense
is hereby declared to be in accordance with the special benefits
conferred upon such property.
Section 4. That there is hereby established and created
a local improvement district to be called and known as:
LOCAL IMPROVEMENT DISTRICT NO. 302
the boundaries of which are described as follows:
Beginning at the intersection of the centerline of
Jacobson Blvd. with the south line of the north 1/2
of Lot 14, McTeigh's Garden Tracts, thence West
along said south line to a point which is 120 feet
westerly and at might angles to the westerly margin
of Jacobson Blvd; thence northeasterly along aline
which is 120 feet parallel to and at might angles
to said westerly margin to the north line of the plat
of Hillcrest Tracts; thence easterly to the center-
line of Jacobson Blvd; thence Southwesterly along the
centerline of Jacobson Blvd. to the point of beginning.
Section 5. That the cost and expense of said improvement
to be borne by said improvement district and exclusive of any pPotion
borne by either the State of Washington or other governmental agency
shall be assessed against said property included in said Improvement
District in proportion to said area, except certain units wherein the
special benefits conferred upon the property are not faily reflected
by the use of the termini and zone method~ the assessment shall be
made against the property of the district in accordance with the special
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benefits it will derive from the improvement 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 for by arrangement, if
any, with the State of Washington or other governmental agency.
Section 6. The bonds, warrants or installment notes
bearing interest at a rate of not more 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 improvement
assessed against the property included in the district hereinabove
described which bonds, warrants or installment notes shall be
redeemed by a collection o f special assessment levied and assessed
against the property within said district, payable in equal annual
installments, with interest at the rate of not to exceed eight per-
cent ~ ~/. per annum under the mode of payment by bonds, warrants or
installment notes as required by law and the ordinances of the City
of Bremerton. These bonds, wmrrants or installment notes shall be
delivered to the contractor in redemption of warrants on the Local
Improvement District ~nds 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 immed-
iately following its passage and publication, as provided by law.
PASSED by the City Council of the City of Bremerton,
signed by the Mayor and attested by the City Clerk in authentication
thereof this /~F day of ~ , 1968. '
· JARSTAD,
ATTEST:
E. nY T. McGOWAN, city"~Ye~k
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