HomeMy WebLinkAbout2743 ORDINANCE NO. ~y~
AN ORDINANCE providing for the improvement of
Olympic Avenue (llth to 13th Street), all in
accOrdance with the plans, maps, and specifications
on file in the office of the City Engineer; adopt-
ing said plans, maps and specifications; establish-
ing an improvement district; providing for the levy-
ing of assessments for the p&yment of such improve-
ment and making such improvement payable by bonds, o~ installment
notes
THE CITY OF BREMERTON DOES ORDAIN:
Section 1. That Olympic Avenue (llth Street to 13th Street)
shall be improved by the construction of concrete curbs, gutters,
sidewalks, street overlay, and storm drainage, 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 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 a~d 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 assess-
ment district hereinafter cre~ted, in &ccordance 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 Washing-
ton 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 cre~ted a
local improvement district to be called' and known as:
Local Improvement District No. 301
the boundaries of which are described as follows:
Beginning at the intersection of the centerlines in
Larson's Third Addition to the City of Bremerton;
thence West along the centerline of llth Street
a distance of 130.00 feet; thence North and parallel
with Olympic Avenue to the centerline of 13th Street;
thence East along the center of 13th Street to the
centerline of Olympic Avenue; thence North 15 feet;
thence East 130.0 feet; thence South and parallel to
Olympic Avenue to the centerline of llth Street; thence
West to the point of beginning.
(1)
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 not fairly 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 arrangement, if any,
with the State of Washington or other governmental agency.
. or installment no. tes
Section 6. That bonds/b~aring ih~erest au 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/s~l~nbSet~e~°~du%~e~
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 annam
· or installment notes
under the mode of payment by bonds/as required by law and the ordinances
. or installment notes
of the City of Bremerton. These bonds/shalI-15e de~l~vereS[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
_or
installment notes
Bremerton may, at its option, sell said bonds/and make such redempt-
ion in cash.
Section ?. 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
MAYOR
ATTEST:
CITY