HomeMy WebLinkAbout2517 AN ORDINANCE of the City of Bremerton~ Washington~
providing for the submission to 'the qualified
electors of the city at a special election to
be held therein on November 6~ 1962 of a
proposition of whether or not the city shall
issue and sell its general obligation bonds
in the principal sum of $55~000 in order to
provide funds to acquire certain real property
for park purposes~ and declaring an emergency.
W~EREAS~ in order to provide the people of the City of
Bremerton with modern park~ playground~ recreational and athletic
facilities and to further the public health and welfare of the
citizens of the city~ it is deemed necessary and advisable that
the city acquire certain real property for use as municipal parks,
and to provide the money therefor that it issue and sell its unlimited
tax levy general obligation bonds in the principal sum of Fitty-five
Thousand Dollars ($55~000) i and
WHEREAS~ the Constitution and laws of the State of Washington
provide that the question of whether or not such bonds may be issued
for such purposes must be submitted to the qualified electors of the
city for their ratification or reJectionl
NOW~ T~REFORE~ Tm CITY OF BRKMERTON DOES ORDAIN:
Section 1. It is hereby found and declared that the public
health and welfare of the people of the City of Bremerton 'require the
city to acquire forty-seven acres of land within the Bremerton Annex
of the Bangor Ammunition Depot for use as municipal parks. In the
event 'there is any money remaining from the proceeds of sale of the
bonds authorized herein after the above-mentioned property has been
acquired~ such remaining money shall be used to acquire a park site
on the east side of the city.
Segtio,.n.. 2. For the purpose of providing the money necessary
to acquire such real property~ the city shall issue and sell its unlimited
tax lev~ general obligation bonds ~n the principal sum of Fifty-five
Thousand Dollars ($55~000),
Said bonds shall bear interest at a rate of not to exceed
6% per annum payable semiannually~ and shall mature serially in from
two to ten years from date of issue. Both principal of and interest on
such bonds shall be payable out of annual tax levies to be made upon
all the taxable property within the city without limitation as to rate
or amount. The exact date~ form~ terms and maturities of said bonds
shall be as hereafter fixed by ordinance of the city.
Section,. 3., It is hereby found and declared that an emergency
exists requiring the submission to the qualified electors of the city of
the proposition of whether or not the city should issue such general
obligation bonds for their ratification or reJection~ at a special
election to be held within the city on November 6~ 1962 in conjunction
with the state general election to be held on the same date.
The Kitsap County Auditor; as ex officio supervisor of
elections held at the same time as the state general election~ is
hereby requested to assume jurisdiction of and to call and conduct
said special election to be held within the city on said date~
to submit to the qualified electors of the city at such special election
the proposition hereinafter set forth.
The Clerk of the city is hereby authorized and directed to
certify said proposition to the Kitsap County Auditor in tM following
form.'
PROPOSITION NO. 2
Park Site Acquisition Bonds, $55,000
Shall the City of Bremert0n; Washington~ for the
purpose of providing funds to acquire 47 acres within the
Bremerton Annex of the Bangor Asssunition Depot for use as
municipal parks and; if possible; to acquire a park site
on the east side of the city; issue its general obligation
bonds in the principal sum of ~55;000; said bonds to bear
interest at a rate of not to exceed 6% per annum~ to mature
serially in from 2 to 10 years from date of issue; and to
bd paid both principal Lnd interest out of annual tax levies
to be made upon all the taxable property within the city
without l~mitation as to rate or amount, all as more
J~ g of the city?
fully provided in Ordinance No. ~/
·
Bo~, ~ . . . . . . . . . . /7
BONDS, NO . , . . . , . . , . ~
Section 4. For the reason that the statutes of the State of
Wash/~gton require that this ordinance become effective and be certified
to the Kitsap County Auditor by September 21~ 1962 in order to permit
said Auditor to call and conduct the special election authorized herein~
an emergency is hereby declared to exist.
This ordinance is hereby found necessary for the immediate
preservation of the public peace, health and safety of the citizens of
Bremerton and for the general welfare~ and the same shall be in full
force and effect immediately u~on its passage, approval~ authentication
and publication as required by law.
PASSED and APPROVED by the City Council of the City of
Bremerton~ signed by the Mayor and attested by the City Clerk in
authentication of such pa~.~age this 19th day of September, 1962.
l~yor
~ ' City Clerk
3~