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HomeMy WebLinkAbout3006 ORDINANCE N~. ~7~3~ AN ORDINANCE PROVIDING FOR THE IMPROVEMENT OF: An Area along Shore Drive and Marlow Drive all in accordance with the plans, maps,and sp~cif~ations on file in the office of the City Engineer; adopting said plans, maps and specifications; establishing an improvement district; providing for the levying of assess- ments for the payment of such improvement and making such improvement payable by bonds, 1HE CITY OF BREMERTON DOES ORDAIN: Section 1. That the above area to be improved by the construction ~f sanitary sewers and appurtenances, 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 specifi- cations now on file in the office of the City Engineer of the City of Bremer{on. 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 3S.43.080 except such proportion of said cost as shall be borne by and paid for by the S~ate 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. 314 the boundaries of which are described as follows: Beginning at a point 38 feet north of the south line of Lot 2 Tract 4 Decatur Acre Tracts, said point being 120 feet east of theGovernment Meander Line; thence wmst 120 feet to the meander line; thence running southeasterly along th~ meander line to its intersection with the north- -2- westerly line of Lot 1, Block 10, Town of Decatur; thence northeasterly along the northwesterly line of said Lot 1 to the southwesterly margin of Shore Drive; thence southeasterly along said margin to the southeasterly line of Lot 4 of said Block 10; thence southwesterly along said south- easterly line of Lot 4 to the Government Meander Line; thence running southeasterly and northeasterly along the meander line to the southerly extension of the centerline of Trenton Avenue; thence north along the centerline of Trenton Avenue and its southerly extension to the center- line of Shore Drive; thence running southwesterly and northwesterly along the centerline of Shore Drive to the centerline of East llth Street; thence East along the centerline of East llth Street to a point which is 120 feet ~ast of the meander line; thence running northwesterly 120 feet east of and parallel to the Government Meander Line 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 government 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 3S.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 bearing interest at a rate of not more than six 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 herein- above described which bonds shall be redeemed by a collection of special assessment levied and assessed against the property within said district, payable in equal annual installments~ with interest at the rate o£ not -3- to exceed eight percent per annum under the mode of payment by bonds as required by law and the ordinances of the City of Bremerton. These bonds 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 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 19 . ATTEST: