HomeMy WebLinkAbout3086 ORDINANCE N0.
AN ORDINANCE PROVIDING FOR THE IMPROVEMENT OF:
The "T" Shaped Alley which runs between 10th
Street and llth Street and between Naval Avenue
and Olympic Avenue
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 payment of such improvement and making
such improvement payable by bonds, warrants or installment notes.
THE CITY OF BRBMBRTON DOES ORDAIN:
Section 1. That the above area be improved by the construction
of drainage structures and asphalt surface, 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 Engineer, now on file in the office of said City Engineer, 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 hereinafter created, in accordance with the provisions of the
Revised Code of 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
improvement district to be called and known as:
Local Improvement District No.
the boundaries of which are described as follows:
Beginning at the intersection of the centerline of Naval Avenue
with the centerline of llth Street; thence west along the centerline
ORDINANCE NO. ..... . -2-
of llth Street to the centerline of Olympic Avenue; thence south along
the centerline of Olympic Avenue to the centerline of 10th Street;
thence east along the centerline of 10th Street to the centerline of
Naval Avenue; thence north along the centerline of Naval Avenue 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 method, 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 35.45.080 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... //(~) 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 Bremerton may, at its
option, sell said bonds, warrants or installment notes and make such
redemption in cash.
ORDINANCE NO.
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 ~'.~, .. _ _ .
_ , ...... , 19~''~
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