HomeMy WebLinkAbout2510AN ORDINANCE PROVIDIN@ FOR THE IMPROVEMENT OF:
Lindberg Place from Cherry Avenue to its termination 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 district~
providing for the levying of assessments for the payment of such improvement and
making such improvement payable by bonds, warrants or inst~llment notes.
THE CITY OF BREMERTON DOES ORDAIN:
Section 1. That Lindber§ Place from Cherry Avenue East to its termination be
improved by the construction of Concrete C~rbs and Gutters and Asphaltic Surfacing,
together with the doin§ 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 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 35.23.080 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 2. That there is hereby established and created a local improvement
district to be called and known as:
Local Improvement District No. 288
the boundaries of which are described as follows:
Lots 27 through 33 inclusive of Halverson's Third Addition.
Section 5. That the cost and expense of said improvement to be borne by sat d
improvement district and exclusive of any portion borne by either the State of
Washington or other governmental agency shall be assessed a§ainst said property included
in said Improvement 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.~3.O80 and the remainder of
ORDINANCE NO.
said cost of the improvement to be paid for by arrangements if any~ with the State
of Washington or other governmental agency.
Section 6. That bonds, warrants or installment notes bearing interest at a rate
of not more than six percent per annum, payable on or before 10 years from the date
of issuance, shall be issued in payment o£ 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 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, warrants or installment 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 options sell said bonds, warrants or installment
notes and make such redemption in cash.
Section 7. That this Ordinance shall take effect immediately following its
passage and publications as provided by law.
PASSED by the City Council of the City of Bremertons signed by the Mayor and
attested by the City Clerk in authentication thereof this J/~ day of
MAYOR
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C I TY - C L E'R K