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HomeMy WebLinkAbout3092 AN Ot~IiNANC]~ of h]ie City ef I~re~'~erton, Wash- ington, speciJ!i~ing and adopting a plan for the acquisition, construction and insta.]ta- tion of certain additions and improvements to and extensions of the co~ined wate~ and sewerage system of Che cJ.ty; declaring the estimated cost thereof} authorizing tNe issuence of water and sewer revenue bonds in the principal amount, of ~i,900,000 to provide part of the funds necessary to acquire, construct and install such addi-- tions, improvements and exf~ensions; fixing the date, form, terms, maturities and covenants of said bonds; providin9 that the same shall be issued on a parity with certain previously issued and outstanding water and sewer revenue bonds of the city; providing for the payment of the principal of and interest on said bonds to be issued out of {r. he Water and Sewer Revenue Bond Fund, 1971 of the city heretofore created; providing and adopting certain covenants safeguarding the pa~ent of such principal and interest; authorizing the sale of such bonds; and declaring an emergency. WHEREAS;. eh~ existing com. bined w~.te._~" m~.d._~.~ ~'~.~,~.-~--~i,_ symptom of the City of Bremerton, Washington (hereinafter call. ed the ~3~~y ), is in need of certain additions, improvements and extensions in order to properly supply the City, its inhabitants and people living in the vicinitY thereof with an adequate supply of potable water an.i proper and necessary sewage collection and disposal service; and W~iEREAS, in order to pay the costs of acquiring, construct ing and instal~ling such additions and ~ ~ ~,~,~ e ~ · mp~ov ..... n_s to and extensicns of such combined water' a]~d sewerage system, it is deemed necessary and advisable that the City issue and sell its water and sewer bonds in the total, principal, amount of $1,900,060 (hereinafter calle{i the "Bonds"); and WHEREAS, Ordinance No. 2982 of' the City, passed and appr~oved October 20, 1971, authorized the issuance of $1,400,000 DriP;cipal amount of water and sewer revenue bends of the C~ty dated December !, 1971 and provided that additional water and sewer revenu~ bonds i.u~ur,s parity w.]th sach could be issued by the City in the .... on. a 3./_ion could be me~TM and December 1, 1971 bonds if certain cond'~'' s -, WTIEREAS, this Council hereby finds that said conditioz;s can be met~ and that it is to the best interest of the City and its inhabitants that the bonds authorized herein be issued on a parity with such December 1, 1971 revenue bonds now outstanding; and WHEREAS, it is deemed necessary and advisable that the revenue bonds authorized herein be sold at public sale and that their date, form, terms, maturities, conditions and covenants now be fixed; NOW, THEREFORE, THE CITY OF BREMERTON DOES ORDAIN: Section 1. As used in this ~' ~ orelnance the following words shall have the following meanings: a. The word "System'' shall mean the existing combined water and sewerage system of the City as the same may be added, to, improved and extended as authorized and provided Jn t[n~ ord~n~nn~ and as the same may be added to, improved and extended for as lcng as any of the Prior Lien Bonds, Parity Bonds, the Bonds and any Parity Revenue Bonds are outstanding. b. The words "Prior Lien Bonds" shall mean the outstand- ing water and sewer revenue bonds of the City issued under dates of October 1, 1955, June 1, 1962 and December 1, 1965.. c. The words "Outsta}%ding Parity Bonds" shall re_an, the~ water and sewer revenue bonds of the City issued under date of Dece~er 1, 1971. d. The words "Current Water Fund" shall mean the Fund of the City of that name heretofore created. The City has ccvenanted and does hereby covenant that all of the gross earnings and revenue of the System shall be paid into the Current Water Fund as the same are colled{ed. e. The words "Dond ~'un~" shall mean tNe "Brem.,r~.o~,. Water and Sewer Revenue Bond Pund, 1971" heretolere created by Slc{i. on 7 of Ordinance No. 2982 of the C_ty for the purpose of paying ~nd securing the payment of the principal of and interest on the Out-- .Revenue standing Parity Bon~s, the Bonds and any Parity ~ f. The words "Reserve Account" shall, mean the Account of that n~e created in the Bond Fund by Section 8 of Ordinance No. 2982 for the purpose of holding funds to secure the payment of the principal of and interest on all bonds payable out of the Bond Fund. g. The words "Parity Revenue Bonds" shall mean a~]y water and sewer revenue bonds of the City other than the Outstanding Parity Bonds and the Bonds issued under an ordinance whezeby tNe City pledges that the payments to be made out of the gross re%~enue of the System or the Current Water Fund of the City into %he Bond Fund and Reserve Account to pay and secure the pa~nent of the with the payments required by Ordinance No. 29~2 and this ordinance to be made out of such gross revenue or Current Water Fund %nto the Bond Fund and Reserve Account to pay and secure the payment of the principal of and interest on the Outstanding Parity Bonds and the Bonds. Section 2. Thi'b City Council hereby finds and determines as required by Section 11 of Ordinance No,~ 2982 as follows: First: That the Bonds are being' issued for the pu.r- pose of providing part of the funds needed to acquire, construct and install certain additions and improvements to and extensions of the System. Second: That at the time of the adoption of this ordinance and at the time of the issuance and delivery of the Bonds there is n~nor will there be any deficiencies in the Bond Fund or the Reserve Account. Third: 7nat the C.lt~ has provided an~~ made covenants in this ordinance ~n~,~ are required to be made by subsections (a) (2), (a) (3) and (a) (4) of.~:=,.,,.~'~ .... '~ion 1i of Ordinance No. 2982. Fourth: That at the time of the issuance of the Bonds the City will have on file in the office of the City Clerk a certificate executed by an independent professional en- gineer licensed to practice in the State of Washington and experienced in the installation and operation of municipal utilities, showing that the net revenue of the System (as such net revenue is defined in subsection {a) {5) of Sec- tion 11 of Ordinance No. 2982) for a period of 12 months out of the 18 months i~nediately preceding the month of delivery of the Bonds, .plus his estimate of the annual net revenue (as such annual net revenue is defined in the operation of the additions and improvemez~ts to and extensions of the System %o be acquired, constructed and installed out of the proceeds of the sale of the Bonds, will equal at ].east 1.40 times the maximum amount re- quired in any calendar year thereafter for the payment of the principal of and interest on the Prior Lien Bonds, the OutstandJ. ng Parity Bonds and the Bonds~ outstanding. The conditions contained in Section tl of Ordinance No. 2982 having been complied with or assured, the payments required herein to be made out of the gross revenue of the System and/or the money in the Current Water Fund to pay and secure the payment of the principal of and interest on the Bonds shall constitute a lien and charge upon such gross revenue and money equal in rank with the lien and charge thereon for the payments required to be made ..l. nqo the Bond Fund to pay and se.-:'ur,~ 'the .'.7 .... "~ ~:: cipal of and intere:~t on t&:e Out.~tanc~ir~9 Parity Bonds. The Cit'y hereby further covenants and agrees ~ Bonds will no~ be issued and delivered ~o ~he puzchaser as bonds on a par&ffy wiffh the Outstandin9 Parity Bonds unt:L~ 'hhe above-described engineer's cer~lficaffe has been filed w&th hhe City Clerk. Section 3. The following plan for the acquisition, struction and installation of additions and improvements tc and ex- tensions of the System is hereby specified and adopted, to wit: a. The City shall acquire, construct and install the interceptoz% 'trunk and lateral sewers, ~e pump stations and ~ ' ment plant improvements described in Exhibit A attached hereto snd by this reference thereto hereby incorporated herein as fully set forth. hereafter to be incurred for plans, environmental assessm~znts, surveys, studies, engineering and design woz'k for theac-quz',-~i..~.o~,~,'" ' construction and -i ~- '' ._ns~azlation of additions and J.mprovem~n'~L 't.o extensions of the System, which shall include but not be i~mi. te~ to the following studies: (1) A comgrehensive long-range plan for improvements to the sanitary an~ storm sewage colle,.~t .... ~, and di~t;~c~s~'~ ~>oItion of the System. (2) Sewage sludge incil~era~:ion." (3) Water reservoir coverts. (4) A standby generator for Sewer Pump Station x', 13 The above-described additions and improvements to and extensions of the System set forth in said Exhibit A shr~> i be connected one to the other and to the existing System wb~rever necessary to make a comp}.ete ne. i3. ity, nnd such ae ments and extensions ~'-~ ~. ~.~1_1. be com~}ieted wi'th manhoies~ intercepting and control facilities, stsuct~.res, devices s~nd any and al~ other appurtenances required for the complete function thereof. The City shall ac:quire all materials andeq]~.tm~.~t.,~' l~ "~" real and personal property or interests ~herein, easements, and rights-of-way necessary to carry ou~ the above-described plans, which are all os more specifically described and set for plans and specifications now on file with the City. It is hereby fur'hher provided that such plans s].a~], be subject to such additions or changes as to details or other changes not affecting the main general plans as hereinbefore set fozth as may be authorized by %he City Council either prior to or during the actual course of construction. and installing such additions and improvements to and extensions of the System and for such plans, environmental assessments, surveys, studies and engineering and ~sign work is hereby declared to be as near as may be the sum of $2,660,000, which cost shall be provided from federal and State of Washi:~gton grants in the approximat, e amount of $430,000, from local improvement district and other City funds in the approximate amount of $330,000, and from %.he issuance and sale of the ~onds in the aggregate pri]~cipal amount of $1,900,000. Section 5. The City does hereby propose and ado}pt as an integral part of the plan for acquiring, constructing and installing the additions and improvements to and extensions of the System and for paying the cost of such plans, studies, etc., as authorized in Section 3 of this ordinance that it shall issue the Bonds. The Bor~ds shall be dated becember l, 1973, s?H:~lll be the denomination of $5,000 each, shall, bear i~tezest at a rate rates that.will be fixed by the City Council upon the sale thereof payable semiannually on the first days of June and December of e.'~ch year and shall be numbered and mature on Dece~.~oer 1 of each year as follows: Bond Nos. Years Amounts Bond Nos. Years Amounts 1-4 1975 $ 20,000 74-81 1989 $ 40,000 5-8 1976 20,000 82-94 1990 65,000 9-12 1977 20,000 95-108 1991 70,000 13-16 1978 20,000 109-124 1992 80,000 17--2]. 1979 25,000 125-140 1993 80~000 22-26 1980 25,000 141-156 1994 80,000 27-31 1981 25,000 157-173 1995 85,0~.~0 32-36 1982 25,000 174'-191 1996 90,000 37-41 1983 25,000 192-210 1997 95,000 42-47 1984 30,000 211-230 1998 100,000 48-53 1985 30,000 231-251 1999 105,000 54-59 1986 30,000 252-314 2000 315,000 60-66 1987 35,000 315-380 2001 330,000 67-73 1988 35,000 Both princi~ai of and interest on the Bonds shall be ~y- able in lawful money of the United States of America at the office of the City Treasurer in Bremerton, Washington, or at the option of the holder at either of the fiscal agencies of the State of Wash- ington in the Cities of Seattle, Washington, or New York, and shall be obligations only of the Bond Fund. Section 6. The City hereby reserves the right to redeem the Bonds in whole, or in part in inverse numerical order on thc following interest, pa~T~ent dates and at the fo]lowing prices expressed as a ~ercentage of the principal '~ '~ _ amoun~ plus accrued intercsv, to the date of redemption: On December 1, 1983 and June 1, 1984 at 103 % On December 1, 1984 and June 1, 1985 at i. 02 1/2% On December 1, 1985 and June i, 1986 at 102 % On December 1, 1986 and June 1, 1987 at 101 1/2% On December 1, 1987 and June 1, 1988 at 101 % On DeCember 1, 1988 and June 1, 1989 at 100 I/2% On December 1, 1989 and any interest payment date thereafter at 100 %. Notice of any sucl~ intended re{itemp'tion shall, he by one publJ.catien thereof in the official. City newspaper not more than forty nor less than thirty days prior to such redemption date and by mailing a like notice at the same time to the main office or principal place of business of the manager of the account that purchases the Bonds at their sale by the City, or to business successor, if any, of said account manager at its main office or principal place of business. Interest on any Bc~%{ or Bonds so called for redemption shall cease on such redemption date unless the same are not redeemed upon presentation made pursuant to such call. The City further reserves the right, whenever it has any surplus money in the Current Water Fund over and above the amounts necessary to pay current costs of maintaining and oper- ating the System, costs of necessary additions, betterments, be financed by the issuance of bonds or warrants, all payments required to be made into any bond redemption fund or reserve account out of the revenue of the System, and all pa~ents ze- quired for any other proper purposes in connection with the operation of the System, to use such surplus money at any time to purchase any of the Bonds in the open marke% for retirement only, if the Same may be purchased at a price not exceeding that at which they could be called for redemption on the first sut. c.ed ing date on which they may be called, plus accr~ed interest. Section 7. A special fund of the City known as the "Water and Sewer Construction Fund,1967" has been created by Section 3 of Ordinance No. 2744. All of the proceeds of the sale of the Bonds (exclusive of accrued interest, which shall be paid into the Bond Fund)and all other funds received or required to pay the cc, st of} the improvc:men[~ Se ............ ' E ~ ..... zut.,~',ion Fund The moneys Jn said shaA1 be deposited in such ',~"-s~ . . . Fund shall be ~lsed solely for i:he purNose, i~or ~n...c,~ ~ ~' the sar,,,~ were authorized, received, or set ~side. In t;he event any o~2}ie~;l or accounts of the City have advanced money, or any other money~:~ have been advanced, to pay any part oF a!l of the cost o~f sk).ch improvements or any of them, sud'~ funds or accounts or moneys may be repaid out of such Cons'~.ruo[ion Fund. Section 8. The Bo~id Fund has heretofore been created the purpose of paying the principal off and interest on the Outstand- ing Parity Bonds and any bo~ds issued on a parity therewith al~d shall be drawn upon flor ~he sole purpose of paying the principal[ o! and in~eres~ on ~he Outstanding Parity Bonds, the Bonds and of and on any Parity .Revenue Bonds as 'the same shall become due. The City hereby obligates and bi~ds it. selff to se~ aside and/or the money in the Current Water Fund the following ~'!xed amounts necessary to pay the principal of al}d in'teres't on the Eonds as the same respectively become due and payable. Such amou~%ts shall be paid into the Bond Fund on or before the 20{:h da~ of each month in the amounts hereinafter specifi, e~t. (a) Beginning with the mori{:h of December, 1973 and continuing for as long as any o~} the Bonds are out- s%anding and unpaid an amount equal l;.o at leas~ one-- sixth of the ' ~ · n~e..~e_,.t to become due and payab].e on tUe next. interest pa}~ent date on all of the Bonds then outstanding. (b) Beginning with the month of December, 1974 and continuing for as long as any of t}~e Bonds are outstand-- lng and unpaid an amount equal to aL least one-twelftl] of the principal of the k%onds to become due and payable on the next principal pa~yment Said amounts so pledced to be paid " .. .LnLO the '" ~" and the amounts hereinafter pledged to be paid into the =:~' Account out of the gross revenue of the System and/or the. money the Current Water Fund are hereby declared to be 'a prior lien and charge t:pon such gross revenue and money superior to all other charges of any kind or nature {inc]_uding any transfer of money other funds or accounts of the City and taxes or paymen'es in lieu of taxes payable to the City), except the normal expenses of main-- tenance and operation of the System (which normal expenses mal, clude pro rata budget charges where such charges represent a reason- able distribution and share of actual cost),and the lie~ and charge thereon of the amounts required to pay and secure the payment of the Prior Lien Bonds, and equal in rank to any charges which have been or which may be later made thereon to pay and secure the pay- merit of the ~rinc~pa] of F~nd in~r~ ~n ~l..]. ~,.!t~tnnding ]:cndc able out of the Bond Fund. In the event that money and/or direct obligations of the United States of ~erica matur~ing at such time or times and bearing interest to be earned thereon in amounts sufficient to rec!eem and retire the Bonds or any of them in accordance width their terms are set aside in a special account in the Bond Fund to effect such re- demption or retirement and such money and the principal of and interest on such obligations are irrevocably set aside and for such purpose, then no further payments need be made into the Bond Fund for the pas~nent of the principal of and interest on the Bonds so provided for and such Bonds and the appurtenant coupons shall cease to be entitled to any lien, benefit or security of this ordinance except the right to receive the funds so set aside and pledged[ and such Bonds and/or coupons shall be deemed not to 10. be outstand.ing he].~eunner. Section 9. The ~:~e~ ..... c.~3~%e..~ ~ Account has heretofore been in the Bond Fund for {zhe purpese of holding funds to sect.:re abe pay--. ment of the principal of and interest on all bonds of the CiLy able out of the Bond Fund. The City hereby covenants and agrees that it will set aside and pay into the Reserve Account out of the gross revenue of the SysCem and/or the money in the Current Water Fund or out of any other moneys it-may now or later have on hand and available leu such purposes monthly payments co~nencing with the month of Dece~ber, 1973, so that on or before December i~ 1978 the total amount of such payments with the money already in the Reserve Acco~nt and the balance of the money required to be paid int'o the Reserve Account by Section 8 of Ordinance No. 2982, will be at least equal to the following: required in any calendar year for the pa~ent of the interest on the Outstanding Parity Bonds and for the pay-- ment of the principal of %nd interest on the Bonds out- standing and of and on any outstanding ParJ. ty Revenue Bonds which may be issued after the date of issuance of the Bonds. b. On and subsequent to December 1, 1990 the maximum amount required in any calendar year for the Out~ ~a~ ,.s payment of the~}ri~ci'~al~ ........ of a~d interest on %~ =~ ..... in~ Parity Bonds, the Bonds outstanezng and all outstand- ing Parity Revenue Bonds which may be issued after the date of issuance of the Bonds. Section 10. The corporate authorities of the Cit%f hereby declare that in fixing the amounts to be paid into the Bond Fund 11. and the Reserve Accour,~t as he}~einbeforc provided t. Ney have ci. sec~ due regard to the -c'~ .... ~ a~.l.~ expenses of maintenance and op~2ratS, op of the System and the amounts n~c' ~ -e~sary h,o pay the principal of end interest on the Prior Lien Bonds and the Outstanding Parity '~ and that they have not obligated the C~t~ to set aside and pay in~o said Fund and Account a greater amount of the revenue of the System than in their judgment will be available over and above such normal expenses of maintenance and operation and amounts required to pay and secure the pa~ent of the principal of and interest on the Prior Lien Bonds and the Outstanding Parity ~onds. Section it. The City hereby covenants and agrees with the owner and holder of each of the Bonds for as long as any ef the same remain outstanding as follows: a. That it will establish, maintain and collect rates and charges for water and for sanitary se~age collection and disposal service for as ].~nc a~ ~ny nf ~-ho P~P T.~n R~S~ ......... _, Parity Bonds, the Bonds and any Parity Revenue Bonds are o~tstanding that will make available for the payment of the principal of and interest on all of such bonds as the same shall become due an amount equal to at least 1.40 times the maximu~ amount required in any calendar year hereafter for the payment of all of such prinoip~! and interest after normal gxpenses of maintenance and operation (includin9 pro rata budget charges for City departments as provided in Section 8 above) have been paid but before ~',o-= before ~ny transfer of moneys into any funds or accounts oll the City (other than the Bond Fund) and taxes or payments in I:LeU of taxes payable to the City. b. The provisions of Sections 7, 8,10 and 11 of Ordinance No. 2982 of the City are hereby incorporated in this ordinance as though fully set forth herein and by such incorporation are made 12. applicable to the Bonds ar:d are bcrc. b~~ made a ?art of !.bis ~ ~ ~ ~" ~c h~ " . with ~u.~[a~_ut to . ~ Bonds as though ft;].ly set forth c. ih= City hereby reserves the rz(:j~.~t to issue. Revenue Bonds under the same terms, conditions and requirements and with the same ]..imitations and condJ, tions as provided in Section 11 of said Resolution .,o. 2982 for the issuance of revenue bonds on a. parity with the Outstanding Parity Bonds and the Section 12. The Bonds shall be in s~}bstantially the following form: UNITED STATES OF AMERICA. No. $ STATE OF WASHINGTON CITY OF BREMERTON WATER AND SEWER REVENUE BOND, 1973 The City of Bremerton, a municipal corporation of the State of Wash.~ngton (~ereimafter ca~led the "Cit~,")~ hereby acknowledges itself to owe and for value received promises to pay to bearer on the first day of December, 19 .... , the principal sram of FIVE THOUSAND DOLLARS together wit~ interest thereon at the rate of % per annum payable semiannually on the first days of 0urge and December of each year as evidenced by and upon presort- tat ion and surrender of the attacheu interest co~pons they se~erally become due or until the payment of principal sum shall be made or duly provided for. Both principal of and interest on this bond are pa~'- able in lawful money of the United States of ~erica at the office of the City Treasurer in Bremerton, Washin9'ton, solely out of the special fund of the City known as "Bremerton Water and Sewer Revenue Bond Fund, 1971" 13. created by Ordi:~ance No. 2q82_ o.,~"~' ~"'~-r.~ C:[tv~ ~. The City has rese:cvc~d the right'~o redeem the b~ds-: of this issue in inversehum' [.'~'~','_zz..~_ order, on the inter6st payment dates and at the fo].iowin9 prices pressed as a percentage of the principal amount, plus accrued interest to the date of redemption: On December 1, 1983 and June 1, 1984 at 103 On December 1, 1984 and gune l, 1985 at 102 1/2% On December 1, 1985 and June 1, 1986 at 102 % ecemn~ 1, 1986 and June 1., 1987 at 101 !/2~ On December I, 1987 and June 1, 1988 at 101 On DeceiVer !, 1988 and June l, 1989 at !00 1/2% On December 1, 1989 and any interest payment date thereafter at 100 Notice of any such intended redemption sha]_l be given by one publication thereof in the official City newspaper not more than forty nor less than thirty days prior to said redemption date and by mailing a like notice at the same time to This bond is one of an issue of water and sewer revenue bonds of the City of like amount, date and tenor except as to number, rate of interest and date of maturity in the total principal s~ of $1,900,000 which bonds are issued pursuant to the Charter and ordinances of the City duly and regu].arly adopted, for the purpcse of providi~ng money to pay part of the cost of acquiring, constructing and install- lng additions and improvements to a:~d extensions oil' {:he com- bined water and sewerage system of the City (hereinai:t(-.r called the "System"). Al. 1 of said bonds are payable solely out of the gross revenue of the System and all additions, improvements and extensions that may be made thereto. The City hereby covenants and agrees with the owner and holder of this bond that it will keep and perform all 14. the covenan%$ of this bond and ¢).[ Or~iin~:i~nc(.~.~:; ~o. '2982 No. ~~ to be by it kep~c az,d The City does hereby pledge and bind itse].f t(> set aside from the gross revenue of the System and money Jn its Current Water Fund and to pay into said Bond Fund and the Reserve Account created therein by said Ordinance 2982 the various amounts required by said Ordinances No. 2982 and No. ~~ to be paid into and maintained in said Fund and Account, all within the times provided by said ordinances. The City has further pleSged and bound itself to pay into said Current Water Fund as collected all of the 9ross earnings and revenue derived by the City from the operation of the System and all additions, improvements and extensions which may be made thereto. Said amounts so pledged to be paid out of said gross revenues and the Current Water Func] into s~id B~m~ and Reserve Account are hereby declared 2o be a prior lien and charge upon such revenues and money superior to all other charges of any kind or nature except the normal ex- penses of maintenance and operation of the System and the amounts required to pay and secure the payment of the out- standing water and sewer revenue bonds of the City issued under ~ates of October l, 1955, June 1, 1962 and December '~, 1965, and ecua] in '~ z .~.~ to the cbarqes made thereon to pay the principal of and ~,~'~est o~ the ~ ...... :~ ' ....... sewer revenue bonds of the City issued ~nc~er date of Decem- ber 1, 1971, and to any charges that may be made later upon said gross revenues and the money in said Current Water Fund to pay and secure the pa}~ent of the principal of and J.nterest on any revenue bonds that the City may issue later 15. tending December i, 1.9/_t. bonds and the t3onds ef th'J.s.t issue.. The City has furthe}' bound itself to maintain System in good condition and repair, to operate the saree in an efficient manner and at a reasonable ~o..~t, ~ ~- and to lish, maintain and collect, rates and charges for wa%er and for sanitary sewage collection and disposal sea, vice as long as any of the October 1, 1955, June 1, 1962, Deco, er 1, 1965 and December 1, 1971 bonds, the bonds of this issue and any revenue bonds which may be issued later on a parity with such December 1, 1971 bonds ~ bonds of this issue are outstanding that will make ava'[.lable for the patent of the principal of and interest on all. of such bonds as the same shall become due an amount equal to at least i.40 times the maximum amount required in any principal and interest, after normal expenses of maintenance and operation of the System have been paid but before preciation. I% is hereby oertified and declared that the bonds of ~his issue are issued pursuant to and in strict comp!i- anco with the Constitution and laws of %he State of Wash-- ington and ordinances of the Cmt} ef Bremerton, and ich.et all acts, conditions and things required to be dune p'rz'ce- ~.enu to and in tx~e issuance of this bond have happened,. been dune and performed. IN WITNESS WHEREOF, the City of Bremerton, Washington has caused this bond to be signed with the facsimile signa- ture of its Mayor, to be attested by the manual si:}nature of its Clerk, the corporate seal of the City to be impressed hereon, arid the ink, crest coupons attached hereto to be executed with the facsimile s~gnatures of said officials this first day of December, 1973. CITY OF BREMERTON, WASHINGTON By Mayor ATTEST: City Clerk The inter.est coupons attached to the Bonds shall be in sub- stantiatly the following form: NO. $ On the first day of , 19 , -the City of Bremerton, Washington, will pay to bearer at the office of the City Treasurer in Bremerton, the sum of DOLLARS in lawful money Of the United ~q~ ~ Am~ ~,,+ ~ ~ ..... ~-~ funa oz the City known as "Bremerton Water and Sewer Revenue Bond Fund, 1971" said sum being the semiannual interest due that date on its water and sewer revenue bond dated Dece~er 1, 1973 and numbered . · CITY OF BREMERTON, WASIIINGTON By Mayor ATTEST: City Clerk Section 13. The Bonds shall be signed on behalf of the City with the facsimile signature of its Mayor, shall be ~ttested by its Clerk and shall have the corporate seal of the City im- pressed thereon. The interest coupons attached thereto shall be executed with the facsimile signatures of said officials. 17. S~:c=.~.c,~ t. 4 The gonds 'shall be-sold at public sa..~e upon such notice as may be (]eem~?d ~e~aessary by the .C~_ty off~.cial~ and ~ts .financial advisers. Bids for the purchase of the Bonds shall be submitted to the City Clerk at his office in the. City Hall in Bremerton, Washington, until. 11:00 o'clock A.M. Pacific Standard Time on November 14, 1973. Bids will be opened, considered and acted upon immed'iat'ely thereafter by the City Council. .- Upon the sale Of the Bonds the proper City officials are hereby authorized and d~.zected to do everything necessary for the p~ompt issuance, execution and del:[very o~ the Bonds to the pur- chaser or purchasers thereof and for. the proper use and application of the funds derived from such sale. Sectiom 15. For the reason that it is necessary that the City obtain the proceeds of sale of the Bonds as soon as possibl in order to pay the cost of the improvements, plans and studies as issued to pa~ the cost of some of said improvements, an emargency hereby declared to exist, and it is hereby found necessary for the public health, welfare and safety ~hat this ordinance 'become effec- tive immediately upon its .passage, approval and p~lication as re- quired by law. PASSED UNANIMOUSLY by the City Council of the City of . Bremerton, Washington, at a regis!ar m~eting thereof,- signed by ~or and attested by the City C:terk in authentication of such passage this 31st day of OCtober, 1973. -, CITY ~EMERTON, WAS~~N By~ ~. ATTESTS.:,~' ~ Mayor ~ ~ity Cler.~ · EXHIBIT "A" CITY OF BREMERTON ORDINANCE NO. ~.~7y~ A. Sewage Treatment Plant Improvements 1. At ~he Manette Sewage Treatment Plant on Port Washington Na~,r~ws in East Bremerton (a) Construct a concrete chlorine contact chamber complete with control gates, baffles, railings, grating, concrete influent and effluent lines, miscellaneous piping and metal work, and site restoration. (b) Install a chlorine residual sampling and analyzing ' system complete with pump, recorder, analyzer, piping and electrical comduits. (c) Construct a concrete grit removal structure including hydrogritter, cyclone, pumps, miscellaneous mechanical equipment, piping, 10" diameter cast iron overflow line, grating and miscellaneous metal, electrical controls, and site restoration. (.d) Cohstruct a 36" diameter concrete outfall extension to the existing 20" diameter cast iron outfalI line, including special pipe connection, rock bedding, necessary excavation and debris removal, pipe shackles, diffuser pipe section and support pads if necessary. Work includes channel floor probing. (e) Renovate existing influent structure by raising weir. (f) Renovate existing outfall structure to accommodate 50" diameter concrete pipe, construct new diversion wall and remove existing weir. (g) Construct 21" diameter concrete effluent line adjacent to new chlorine contact chamber including three 54" diameter manholes, connect same to existing system, and remove interfering section of 20" diameter cast iron effluent beneath ~chlorine contact chamber. (h) Install miscellaneous metal items, such as grit plugs for existing grit channel. 2. At the Charleston Sewage Treatment Plant on Sinclair Inlet. (a~ ' Construct a concrete grit removal structure including hydro gritter, cyclone, pumps, miscellaneous mechanical equipment, piping, 10" diameter cast iron overflow line, grating and miscellaneous metal, electrical controls and site restoration. (b) Construct a 24" diameter concrete effluent line adjacent to existing 24" diameter effluent line including manhole, connection to existing effluent system and roadway and site restoration. Page (c) Construct a 42" diameter flush wall concrete effluent line beneath State Highway SR-5 and the Burlington Railroad includiltg manhole on upstream end, 24" diameter concrete pipe corunection to existing effluent manhole and site restoration. (d) Construct a 56" diameter concrete outfall line including special connection to new effluent line, rock bedding, neces- sary excavation and debris removal, pipe shackles, diffuser pipe section, and support pads if necessary. Work includes channel floor probing. [e} I~stall miscellaneous metal items such as grit plugs for existing grit channel B. Interceptors, trunks, lateral sanitary sewers and pump stations. Pipe Size Street From To Length 1. LID #309 (HARLOW DRIVE) 8" Lake Drive 925' S Francis St. 180'N Francis 1105 ft. Street 8" County Rd. 250 200' S Harlow Dr. 650' South 550 ft. 8" ' Francis Street Harlow Drive Kitsap Lake 275 ft. 8" Harlow Drive Francis Street Lyle Drive 2780 ft. 400' S of Harlow 8" Easement Dr. E Lake Drive W to Kitsap Lk. 589 ft. 8" East Lake Drive 400'S of Harlow 155' S.E. 155 ft. 8" Easement 120'E of Eastlake 120'S of Harlow 271' S.g 271 ft. 8" Maple View Dr. Harlow Drive 459' N.E. 459 ft. 8" Lind Avenue Lyle Avenue Kitsap Drive 408 ft. 8" Kitsap Drive Harlow Dr. Lyle Avenue 666 ft. 8" Elaine Court Kitsap Drive NW to its 190 ft. Termination 8" Lyle Avenue Kitsap Way Harlow Drive 179 ft. 8" Kitsap Way Lakehurst Dr. Lyle Avenue 1559 ft. 8" Easement 115' Kitsap Way Lakehurst Drive W 240' 240 ft. 8" Cart Blvd. Lyle Ave S.E. 140' 140 ft. 8" Lakehurst Drive Kitsap Way Harlow Drive 555 ft. 2. LID #511 {PHINNEY BAy) 8" Easement {Beach) 440'N of 26th St. Pump Sta #27 1910 ft. Pump Sta #27 1470' S of 26th St. 8" Easement{Beach) Pump SZa.#Z7 Pump Sta #28 964 ft. Pump Sta #28 On Phinney Bay DriYe 161' West of Corbet Drive 'Pa~e 5 ~ 8" Phimxey Bay Dr. Pump Sta #28 Corbet Dr. 161 ft. 8" Phinney Bay Dr. Pump Sta #28 Corbet Dr. 200 ft. 8" Z6th Street 88* East of E. Phinney Bay Pl. Beach 260 ft. 8" E Phiaxney Bay Pl. 26th Street Phinne/ Bay Dr. 529 ft. 8" E Pkinney Bay Dr. E Phinney Bay Pl. Corbet Drive 1601 ft. 8" Easement E Phinney Bay Dr. Beach 523 ft. 1400'S of Z6th St. 8" Easement Corbert Dr. East S01 ft. 72'S of Phinney Bay Drive $" 19th Street Corbet Drive East 545 ft. 8" Corbet Drive Phinney Bay Dr. 15th St. 1078 ft. 8" Corbet Drive Phinney Bay Drive 15th St. 1050 ft. 8" 15th Street Corbet Drive Lafayette Ave. 918 ft. 8" 15th Street Corbet Drive Cambrian Ave. 1565 ft. 8" 15tk Street Lafayette Ave Ford Ave 132 ft. 8" Ford Avenue 15tk Street 13th Street 663 ft. 8" Easement Ford Ave. Times Ave. 145 ft. 190'N of 13th St. 190'N of lSth Street 6" Times Ave. 190'N of 15th St. North 100 ft. 8" 15th Street Ford Avenue Corbet Dr. 601 ft. 8" Corbet Dr. Z40' S of 15th St. 15th Street 1529 ft. 8" Easement Corbet Dr. 600' S East 475 ft. of 15th Street 8" Easement Beach 146' S of East 200 ft. Pump Sta #27 6" Easement Beach 440' N of East 225 ft. 26th Street 5. LID 512 (KITSAP LAK~ BUS. DIST.) 8" Kitsap Way N Lake Way Lakehurst Dr. 1890 ft. 6" Easement Kitsap Way 150' N West 140 ft. of Harlow Drive 8" Harlow Dr. Kitsap Way 500 ft. S. 500 ft. 6" Easement Kitsap Way and North 110 ft. Harlow Drive 8" Lakekurst Dr. Kitsap Way North 965 ft. 8" Easement Kitsap Way North 600 ft. 175' N of Harlow Drive 8" Co. Road 250 E Lake Drive South 515 ft. 4. LID 515 (PORT WASHINGTON NARROWS-~WBST) 8" Easement 1st St. 250'South 2nd St.(Pump 575 ft. of Washington St. Sta #29) Pump Sta 29 2nd Street(Beach) 6" Easement(Beach) 2nd Street Pump Sta #5 4043 ft. Pump Sta #5 Northend Highland Drive 10" Easement(Beach) Pump Sta 5 City Park 2ZZ ft. 12'': Higkland Ave. North End Pump Sta #5 250 ft. Pump Sta #50 Park Drive 400'E of Park Avenue 4" Park Drive Pump Sta #50 Park Avenue 400 ft. 10" Easement(Beach) 450' N of 2nd St. Pump Sta #S 55Z5 ft. 5. LID 514 (PORT WASHINGTON NARROWS-EAST) 8" Easement(Beach) 200' S of E 16th St. Pump Sta #32 1550 ft. Manette Bridge Pump Sta #52 Manette Bridge 6" C.I. Easement 800 ft.S of E 16th East 200' 200 ft. 6" Easement(Beach) Pump Sta #52 Pump Sta #51 1859 ft. Manette Bridge Hayward Ave. Pump Sta #31 Hayward Ave. 8" Pump Sta #51 Pump Sta #51 Ex. Pump Sta#24 1545 ft. Hayward Ave. Trenton Ave. 10" Easement(Beach) Pump Sta #52 North 250 ft. 6. LID 515( BURCHFIELD) 8" Crawford Dr. Kitsap Way 5S0'S of N End 400 ft. 8" Kitsap Way Crawford Dr. 250'N of Butch-1720 ft. field Dr. 8" Burchfield Dr. Crestview Dr. Kitsap Way 500 ft. 6" Burchfield Dr. Carr Blvd. 100 ft. East 100 ft. 6" Crestview Dr. Burchfield Dr. Z50 ft. South 250 ft. 6" Crestview Dr. 1S0'N of Butch- 80' North 80 ft. field Dr. 6" Easement North End 150' West 150 ft. Crestview Dr. Pa-ge 8" Easement Kitsap Way $00' South 500' 620'E of Lyle Avenue 8" Easement Kitsap Way S 500' 680 ft. 470'E of ~ W 180 ft. Lyle Avenue to Cart Blvd. 8" Cart Blvd. 500' N of 1050' S of Burchfield Dr. Burch£ield Dr. 1350 ft. 8" Easement 400' S of Burchfield W 230' 230 ft. 8" Easement 900' S of Burchfield W 400' 400 ft. 8" Kitsap Way Lyle Avenue E 650' 650 ft.