HomeMy WebLinkAbout2954 AN ORDINANCE adopting and confirming the assessment roll for Local
Improvement District No. 307, providing fer the improvement of a portion
of Madrona Point as described in Ordinance 2861, Providing for the levying
and assessing for the costs and expenses thereof against the parcels and
lots of land within the boundaries of said improvement district; providing
for the collection thereof; creating and establishing a special fund
therefor; and fixing the date for the issuance of bonds, warrants, or
installment notes in payment thereof.
THE CITY OF B~EMERTON DOES ORDAIN:
Section 1. That the Assessment Roll for Local Improvement District
No. 307 providing for the improvement of a portion of Madrona Point by
the construction of sanitary sewers, 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 plans and specifications
on file in the Office of the City Engineer and as provided by Ordinance
No. 2861, the same is hereby approved and confirmed.
Section 2. That each parcel and lot of land or part thereof, as sheen
in said assessment roll is specially benefited by said improvement and that
there be and is hereby assessed against each parcel and lot of land and
part thereof and other property contained in said improvement district as
sho~n in said roll, including any property belonging to the City of Bremer-
ton and the respective amounts in said roll set against each parcel and
lot of land and or part thereof and other property between the termini of
said improvement, abutting upon, adjacent or proximate to said improvement,
and such amounts so assessed are hereby declared to be first lien against
each parcel or lot or part thereof against which the same is assessed in
said roll.
Section 3. That for the purpose of this improvement there is hereby
created and established a special fund to be known as "Local Improvement
Fund District No. 307~TM Bonds, warrants, or installment notes bearing
interest at ~2_~% shall be issued in serial numbers from One (1) to
-~ /~.7 inclusive, to as many as may be necessary to provide for the
uncollected portion of said district on the date hereinafter fixed, to be
in denominations of ~5~l~'l~j~ bonds, warrants, or
installment notes each, except the first which shall be for such fractional
part of _ '$~na.nn as may be remaining and unpaid on said date,
paYable from said "Local Improvement Fund District No. 307".
Section 4. That the 16th daY of August , 1971, be and
the same is hereby fixed for the date of issuance and sale of bonds,
warrants, or installment notes to be issued on account of said imDrovement.
Section 5. That this Ordinance shall be in full force and effect
imaediately after its passage and publication as provided by law.
PASSED by the City Council, signed by the Mayor and attested by
the City Clerk in authenticatio~ of s~ch passage this /~/~/ day of
_ J~.J/f/_/~" , 1971.
AT~EST: M A
CITY-CLERK