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HomeMy WebLinkAbout3153 ORDINANCE NO, J/~ AN ORDINANCE PROVIDING FORT HE IMPROVEMENT OF: Brewster Place from Winfield Avenue East 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 pay- ment of such .improvement and making such improvement payable by bonds, warrants or installment notes. THE CITY OF BREMERTON DOES ORDAIN: Section 1. That the above area be improved by the construction of curbs, gutters, sidewalks, driveways and asphalt surface, together with the doing of any and all work in connection therewith as may be necessary to make such improve- ment 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 Fmgineer, 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 herein- after created, in accordance with the provisions of the Revised Code 9f Washington 35.43.080 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 4. That there is hereby established and created a local imprq.vement district to be called and known as: LOCAL IMPROVEmeNT DISTRICT No, 319 the boundaries of which are described as follows: Beginning at the .intersection of the centerline of Winfield Avenue with the South line of the Plat of Brewster Place; thence East along said South line to the SE Corner of Lot 2 of said Plat; thence North along the East line of said Lot 2 and its northerly extension to the easterly extension of the North line of Lot 12 of said Plat; thence westerly along said North line and continuing West to the ORDINANCE NO. centerline of Winfield Avenue;thence South 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 proportion to said area, except certain units wherein the special benefits conferred' upon the property are not fairly reflected by the use of the termini and zone ~ethod, the assessment shall be made against the property of the 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 35.43.080 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 ~ percent per annum, payable on or before ~_z~ years from the date of issuance, shall be issued in 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 assessments levied and assessed against the property within said district, payable in equal installments, with interest at the rate of not to exceed eight percent 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 Brem~ton may, at its option, 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 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 ATTEST: