HomeMy WebLinkAbout3114AN ORDINANCE PROVIDING FOR THE IMPROVEMENT OF:
North Lafayette Avenue
north of 21st Street
all in accordance with the plans, maps, and specifications on file in
the office of the City En~ineer~ adopting said planst maps and speclfi-
cations~ establishing an improvement district~ pPoviding for the levying
of assessments fop the payment of such impPovement and making such
imp.~ovement payabl~ by bonds.
THE CITY OF BREMERTON DOES 0RDAIN:
Section 1. That the above area be improved by the construction
of sanitaPy sewePs and necessary appurtenances, together with the doing
of any and all work in connection therewith as may be necessaPy 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.pPepaPed by
the City Engineer, now on file in the office of said City EngineeP, fop
the aforesaid improvement be and the same are hePeby adopted.
Section 3. That the cost and expense of said improvement shall be
borne by and assessed against the p~opePty included in the assessment
district hePeinafter created, in accordance with the pPovisions of the
Revised Code of Washington 3~.~3.080 except such proportion of said cost
as shall be borne by and paid fop by the State of Washington or other
governmental agency, which propoPtion of such cost and expense is hereby
declared to be in accoPdance with the special benefits conferPed upon
such propePty.
Section 4, That there is hereby e~tablished' and created a local
improvement distPict to be called and known as:
Lqcal Im~rovmm~n.t District No. 318
the boundaries of which are described as follows:
Lots 1, 2, and 3 Fatlands 1st Addition
Section 5. That the cost and~expense of said improvement to
be boz~ne by said impPovement district and exclusive of any portion
borne by either the State of Washington oP other governmental agency
shall be assessed against said property included in said Improvement
District in propoPtion to said area, except certain units whePein
the special benefits conferPed upon the pPoperty ate not faiPly
Peflected by the use of the termini and zone method, the assessment
shall be made against the pPoperty of the district in accordance with
the special benefits it will derive from the improvement without regard
to the zone and tePmini method, and in accordance with the provisions
of the Revised Code of Washington 35.~3.080 and the remainder of said
cost of the impPovement to be paid for by arrangement, if any, with the
State of Washington oP other governmental agency.
Section 6. That bonds, waPrants or installment notes bearing
interest at a Pate of not more than ~ percent per annum, payable
on or befoPe .... ~d years from the date of issuance, shall be issued
in payment of the cost and expense of said improvement assessed against
the pPopez~ty included in the district he~einabove descPibed which bonds,
warPants oP installment notes shall be Pedeemed by a collection of
special assessments levied and assessed against the property within
said distPict, 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, waPrants or installment notes as required by law
and the oPdin~_~ces of the City of Breme~ton. These bonds, warmants
or installment notes shall be delivered to the contractor in redemption
of warPants on the Local ImpPovement District funds issued on the estimate
of the City EnEinee~, or the City of B~emer~on may, at its option, sell
said bonds, waPrants or installment notes and make such redemption in
cash.
Section 7. That this Ordinance shall take effect immediately
following its passage and publication, as provided by law.
PASSED by the City Counail of the City of Bremerton, signed by
the Mayor and attested by the City Clerk in authentication thereof
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