HomeMy WebLinkAbout2762 ORDINANCE 'No..:~--~'~ ~ -
AN ORDINanCE amending Ordinance No. 2744 of the
City of Bremerton, Washington, adopting a plan
for the acquisition, construction and installa-
tion of certain additions and improvements to
and extensions of the combined water and sewerage
system of the city; declaring the estimated cost
thereof and providing for the payment of such
cost; creatinE a Construction Fund and providin8
for the issuance of warrants a~ainst the same,
and for the payment of certain monies therein;
and declaring an emergency.
WHEREAS, the existing combined water and sewerage system
of the City of Bremerton, Washington (hereinafter call the "City")
and particularly the sanitary sewage collection and disposal portion
of such combined system, is in need of certain additions, improvements
and extensions in order to properly supply the City, its inhabitants
and people living in the vicinity thereof with proper and necessary
sanitary sewage collection and disposal services; and
WHEREAS, in order to pay part of the cost of acquirin~,
constructing and installing such additions and improvements to and
extensions of such combined system it is deemed necessary and advisabla~.
that the City issue and sell its water and sewer revenue bonds in the
principal amount of not to exceed $230,000;
NOW, THEREFORE, THE CITY OF BREMERTON DOES ORDAIN:
Section 1. Ordinance No. 2744 is hereby amended to read as
follows:
Section 2. The plans of additions and improvements to and
extensions of the combined water and sewerage system of the Cit~ as
more particularly set forth in Ordinances Nos. 2737, 2738, 2739 and
2740, all adopted on June 7, 1967, and Project Nos. P2-66-S, P8-66-S,
P1-66-S, Pll-66-S and P7-66-S, and Ordinances adopting the same, are
hereby in all respects accepted and adopted. The actual plans of
additions, improvements to and extensions of such combined system as
set forth in said ordinances are hereby referred to and by such
reference made a part of this ordinance as though fully set forth
herein.
Section 3. The estimated cost of acquirin~, constructing
and installin~ the above provided for plans of additions and improve-
ments to and extensions of the combined water and sewerage system of
the City is hereby declared to be as near as may be the sum of $395,000,
approximately $165,000 of which will be provided from local improve-
ment district assessments to be levied upon properties specially
benefited by the acquisition, construction and installation of said
improvements. The remaining approximate amount of such costs shall
be provided from the proceeds of sale of water and sewer revenue bonds
of the City in the principal amount of not to exceed $230,000.
As an inte~rel part of the plan for acquiring, constructing
and installinK the above described additions and improvements to and
extensions of such combined system, the City shall issue and sell such
water and sewer revenue bonds in such amount or amounts and at such
time or times as the City Council may deem to be to the best interest
of the City. The exact date or dates, form, terms, maturities and
covenants of such bonds shall be as hereafter fixed by ordinance or
ordinances of the City.
Section 4. That there be and is hereby created a special
fund of the City to be known as the "Water and Sewer System Construction
Fund, 1967," into which shall be paid (except for accrued interest)
all of the proceeds of sale of the above-mentioned water and sewer
revenue bonds, and any other monies, except for local improvement
district assessments, which may be received, transferred or set aside
for the payment of the costs of the improvements described in Section 2
hereof. In the event any other funds or accounts of the City, other than
local improvement district funds, have advanced money to pay any part
or all of the cost of such improvements or any of them, such Funds or
Accounts may be reimbursed directly out of the proceeds of sale of
such bonds or out of the proceeds of sale of any warrants drawn on
such Cors~ruction Fund.
Warrants in the total principal amount of not to exceed
$230,000, bearin~ interest at a rate to be later fixed by the City
Council payable from the date Of issuance thereof to date of redemp-
tion, may be drawn upon said Construction Fund from time to time on
the authorization of the City Council upon receipt by it of bills
approved by the City Engineer or by any engineer in his department
designated by him ~ approve such bills, for the purpose of providing
funds to pay part of the cost of the improvements authorized in
Section 2 hereof.
It is hereby further provided that the Construction Fund
shall stay in existence for as lon~ as deemed necessary by the City
Council in order to provide interim financing for improvements to be
made to the co~ined water and sewer system of the City other than
those provided for herein.
Section 5. Because it is necessary to pay costs which the
City has already incurred or will soon incur for the carrying out of
the above provided for plans of additions and improvements to and
extensions of its combined water and sewerage system, an emer2ency
is hereby declared to exist and it is hereby found necessary for the
public health, welfare and safety that this ordinance become effective
immediately upon its passage, approval and publication as required
by law.
APPROVED on first reading this 1st day of November, 1967.
PASSED on second reading by the City Council of the City of
Bremerton, signed by the Mayor and attested by the City Clerk in
authentication of such passage this /~day of November, 1967.
/GLENN K. JARSTAD~ayor
ATTEST:
E. }t. T. ~cGOW~ .....
STATE OF WASHINGTON )
SS
COUNTY OF KITSAP )
FRED S. SCHONEMA~I, being first duly sworn on oath, deposes
and says:
That he is the duly elected, qualified and acting Commis-
sioner of Public Works and Utilities of the City of Bremerton; that
it is necessary that certain additions, improvements and extensions
be made to the. combined water and sewage system of the City of Bremerton-
so as to properly supply the City and its inhabitants with necessary
~nitary sewage collection and disposal services and that these improve-
ments and additions will require the issuance of sewer and water
revenue bonds in a principal amount of not over $230,000 and that this
was not anticipated by the City previously and that an emergency
ordinance must be passed incorporating these additions.
~ED S'.' oCHON'EMAN
Subscribed and sworn to before me this ~ day of November, 1967.
~-~'~btary Public in and for th~tate
of Washington, residing at~'Bremerton,