HomeMy WebLinkAbout2407 AN ORDINANCE of the City of Bremerton, Washington,
providing for the su~ission to the qualified
electors of the city at a special election to
be held therein on November 8, 1960 of a
proposition of whether or not the city should
issue its unlimite~ tax levy general obligation
bonds in the principal sum of not to exceed
$125,000 in order to provide funds to remove
the existing First Street Dock and to construct
a new dock, a retaining wall, pilings, fills,
foundations for buildings, moorage facilities,
and a launching ramp on said existing dock site
and on lands and leaseholds adjacent thereto&
and declaring an emergency.
WHEREAS, the present First Street Dock owned by the city is
unsightly and unsafe for present use of any kind or nature&.and
WHEREAS, inorder to provide the city with necessary facili-
ties for the docking of boats and for the handling of freight and
passengers therefrom it is deemed-necessary and advisable and for the
public welfare and safety that the city remove such existing dock,
construct a retaining wall on the land-side of said dock, construct
a new dock on said site, construct floating moorage facilities and a
small boat launching ramp, fill certain areas, install pilings necessary
to provide foundations for buildings, and provide and prepare an area
for the parking of vehicles, all on said existing dock site and on
lands and leaseholds adjacent thereto& and
WHEREAS, in order to provide the money for the above improvements
it is deemed necessary that the city issue and sell its unlimited tax levy
general obligation bonds in the principal sum of not to exceed One
Hundred Twenty-five Thousand Dollars ($125,000)& and
WHEREAS, the Constitution and laws of the State of Washington
provide that the question of whether or not suchbonds may be issued for
such purposes must be sub~itted to the qualified electors of the city
for their ratification or rejection&
NOW, THEREFORE, THE CITY OF BREMERTON DOES ORDAIN:
Section 1. It is hereby found and declared that the public
welfare and safety of the people of the City of Bremerton require the
city to remove its existing First ~treet Doc}~ ¢on~truct a retaining
wall on the land-side of said dock~ construct a new dock on said site~
construct floating moorage facilities and a small boat launching ramp,
fill certain areas, install pilings necessary to provide foundations
for buildings, and provide and prepare an area for the park/rig of
vehicles, all on said existing dock site and on lands and leaseholds
ad] acent thereto.
Section 2. That for the purpose of providing the money
necessary to acquire, construct, install and make such capital improve-
ments, the city shall issue and sell its unlimited tax levy general
obligation bonds in the principal sum of not to exceed 9125,000.
Said bonds shall bear interest at a rate of not to exceed
6% per annum payable semiannually, and shall mature in from two to
ten years from date of issue in such amounts as will, as nearly as
practicable, together with the interest thereon, be met by equal annual
tax levies for the payment of the principal thereof and interest thereon.
Both such principal and interest shall be paid out of annual levies of
taxes to be made u~on 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.
S.e...ction 3. It is hereby found and declared that an emergency
exists requiring the sub~ission to the qualified electors of the city
of the proposition of whether or not the city should issue and sell
said bonds for such purposes at a special election to be held therein
on November 8, 1960, in con]unction with the county and state general
election to be held on the same date.
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The Kitsap County Auditor, as ex officio supervisor of said
county and state general election, is hereby requested to call and
conduct said special election on said date and to sulaait to the qualified
electors of the city the proposition hereinafter set forth. The City
Clerk is hereby authorized and directed to certify to the Kltsap county
Auditor said proposition in the following form:
PROPOSITION NO. 2
First Street Dock, Xmpr. ov...ement' Bon~s~ ..~!25~000
Shall the City of Bremerton, Washington, for the
purpose of providing funds to remove the existing First
Street Dock and to construct and install a new dock, a
retaining wall, pilings and foundations for buildings,
floating moorage facilities, a small boat launching
ramp, and an area for the parking of vehicles, all on
said existing dock site and on lands and leaseholds
adjacent thereto, issue its general obligation bonds
in the principal su~ of not to exceed $125,000, said
bonds to bear interest at a rate of not to exceed 6%
per annum, to mature in from 2 to 10 years from date
of issue, and to be paid, both principal and interest,
out of annual tax levies to be made upon all the tax-
able property with/A1 the city without 1/~ltation as to
rate o.r amount, all as more fully provide~ in Ordinance
No,.$~ of the city?
BONDS, YES . . . . · /--7
BONDS~ NO · · · · · /7
The polling places for each of the voting precincts within the
city and the officials to serve at each polling place for this special
election shall be the same as the polling places selected for each such
voting precinct and the election officials to serve thereat as selected
by the Kitsap County Auditor for the county and state general election
to be held on November 8, 1960.
Se. ct!on 4. That an emergency exists and is hereby declared
to exist, and this ordinance is necessary for the /mmediate preserva-
tion 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 upon passage and publication.
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APPROVED on first ~eading this 14th day of September, 1960.
P~SED 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 passage this 21st day of September, 1960.
E. H. T. Mc~3W~ City Clerk
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