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HomeMy WebLinkAbout2739 ORDINANCE NO. AN ORDINANCE providing for the improvement of Kitsap Way from the centerllne of Oyster Bay Avenue to a point East of the centerline of Oyster Bay Avenue, 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 improve- ment district; providing for the levying of assess- ments for the payment of such improvement and mak- ing such improvement payable by bonds~warrants, and install- ment notes. THE CITY OF BRE~ERTON DOES ORDAIN: Section 1. That Kitsap Way (Oyster Bay Avenue) to a point East of Oyster Bay Avenue shall be improved by the construction of a sanitary sewer trunk llne and side laterals within the street right- of-way, 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 specifications now on file in the office of the City Engineer of the City of Br~merton. 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. That the cost and expense of said improvement shall be borne by and assessed against the property included in the assessment district hereinafter created, in accordance with the provisions of the Revised Code of Washington 35.43.080 except such proportion of said cost as shall be borne by and paid for by the State of Washington or other governmental agency, which proportion 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. 299 the boundaries of which are described as follows: Beginning at the intersection of the center lines of Oyster Bay Avenue and Kitsap Way (P.S.H. #21); thence southerly along the center line of Oyster Bay Avenue to a point which is 120 feet south of and parallel to the southerly right-of-way line of Kitsap Way; thence Easterly along a line which is 120 feet South- erly of and parallel to the Southerly right-of-way line of Kitsap Way to a point which is 130.0 feet East of the center line of Forrest Avenue; thence (l) Northerly to the centerline of Kitsap Way; thence Easterly along the centerline of Kitsap Way to a point which is 280 feet Easterly of the centerline of Forrest Avenue; thence~ Northerly a~ right angles to the centerline of Kitsap Way to a point which is 100 feet Northerly of the North right-of-way line of Kitsap Way; thence Easterly along a line which is parallel to and 100 feet North of the Northerly right-of-way line of Kitsap Way to the centerline of Forrest Avenue; ~hence Northerly along the centerline of Forrest Avenue to a point which is '120 feet Northerly of the North right-of-way line of Kitsap Way; thence East a distance of 197.20 feet; thence Southerly along a line and its extension, common to lots 2 and B, Block 2, Plat of Good Fellows Navy Yard Tracts to the City of Bremerton, to the centerline of Kitsap Way; thence Easterly along the centerline of Kitsap Way to the point of beginning and the end of this description. Section 5. That the cost and expense of said improvement to be borne by said improvement district and exclusive of any portion 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 .~ot ?a~lY~. ~ 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 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 arrange- ment, if any, with the State of Washington or other governmental agency. Section 6. That bonds bearing interest at a rate of not more than six percent per annum, payable on or before 12 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 shall be redeemed by a collection of 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 percent per annum under the mode of payment by bonds as required by law and the ordinances of the City of Bremerton. These bonds shall be delivered to the contractor in redemption of warrants on the Local Improvement (2) District funds issued on the estimate of the City Engineer, or the City of Bremerton may, at its option, sell said bonds and make such redemption in cash. Section 7. That this Ordinance shall take effect immediately 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 ~i' [~ day ~o ~ this of ~.~L_~ , 1967. ATTEST: E. H.'~.. Mc~OWA'~', City Clerk (3)