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HomeMy WebLinkAbout2455AN ORDINANCE PROVIDIN~ FOR THE IMPROVEMENT OF: Stevens D~ive from 26th Street North~by installation of concrete curb and §utters~ and asphaltic surface, all in accordance with the plans~ ~aps, and specifications on file in the office of the City En§ineer; adoptin§ said plans, maps ~ud specifi- cations; establishin§ an improvement district; providin§ for the levyin§ of assess- ments for the payment of su~ch improvement and making such improvement payable by bonds~ warrants or installment notes. THE CITY OF BREMERTON DOES ORDAIN: Section 1. That Stevens Drive, from 26th Street North be improved by the installation of concrete curb and gutters~ and asphaltic pavement~ 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 En§ineer~ now on file in the office of said City Engineer, for the aforesaid improvement be and the s~me 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 3~.23.080 except such proportion of said cost as shall be borne by and paid for by the State of Wash- ington 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. 286 the boundaries of which are described as follows: Portion of Government Lot 8, Section l0s T2~N, RiE.: W. M., Beginning at the intersection of the North Margin of 26th Street with the center- line of Stevens Drive; thence Westerly along the North mar~in of 26th Street llO feet; thence North 0°18, West 271.56 feet; thence South 89© 22' West 90 feet; thence North 0°181 West 182 feet; thence North 89o22! East 26.17 feet; thence North 0°18, West 92 feet to the centerline of vacated State Street as shown on the Plat of Sheridan; l~e alon§ the centerline of vacated State Street %o a pe~nt which is ~8~; feet East of the East mar§in of Central Avmnue as shown on sai~ 1~;~ thence North 26°28~ East to the balance Mean4er l~ne; thene, e South ORDINANCE NO. ~ ~- ~ Easterly along said Meander line to itls intersection with the Northerly extension of the West margin of Wycoff Avenue; thence Southerly along the West margin of Wycoff Avenue to it's intersection with the North margin of 26th Street; thence Westerly along the North margin of 26th Street to the point of beginning. 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 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.h3.080 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. 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 ~n payment of 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 ~i'thin 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 as required by law and the ordinances of the City of Bremerton. These bonds, warrants, or installment notes shall be sold and the proceeds used to redeem outstanding warrants on the Local Improvement District issued for construction: preliminary costs and adjusted fixed estimate. Section 7. 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 this ~.~ day of f'~_,L~Z~o--O~, 19~/. MA'YOR ATTEST: C I TY...C~B RK