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HomeMy WebLinkAbout2294 ORDINANCE NO. 2294 AN 0~DINANCE of the City of Bremerton, Washington providing for the submission to the qualified electors of the city at a special election to be held therein on November 4, 1958 of a proposition of whether or not the city should issue its unlimited tax levy general obligation bonds in the principal sum of ~350,000 for the purpose of providing part of the funds to reconstruct the existing City Hall and building adjacent thereto, as a new City Hall building and to make certain other improvements to property in the immediate vicinity thereof for civic purposes. WHEREAS, the existing City Hall of the City of Bremerton is old and inadequate to properly house all of the city offices and safely keep all of the city's records so that the city officials are greatly hampered in administering the functions of their offices; and WHEREAS, the citY has acquired the Harlow Building which adjoins the existing City Hall on the east side and has also acquired the Burks Building which adjoins the alley east of the Harlow Building; and WHEREAS, it is deemed necessary and advisable that the existing City Hall and the Harlow Building be completely reconstructed as one building for a new City Hall and that the Burks Building be demolished and certain improvements be constructed on the site thereof for city uses and purposes; and WHEREAS, the city has approximately ~50,000 on hand available to carry out such purposes and it is deemed necessary and advisable that the rest of the money necessary to carry out said purposes be provided by the issuance and sale of unlimited tax levy general obligation bonds of the city in the principal sum of $350,000; and WHEREAS, the constitution and laws of the State of Washington provide that the question of whether or not such general obligation bonds may be issued for such purposes must be submitted to the qualified electors of the city for their ratification or rejection. NOW, THEREFORE, THE CITY OF BRE~ERTON DOES ORDAIN: Section 1. It is hereby found and declared that the public welfare, safety and convenience of the people of the City of Bremerton require the city to carry out the following plan of improvements: (a) The city shall completely reconstruct the existing City Hall and the Harlow Building, which adjoins the City Hall on the east side, as one building with all utilities, facilities and equipment necessary to permit the use of said building as a City Hall. (b) The city shall demolish the Burks Building located on the south- west corner of Washington Avenue and Fourth Street, shall conVer~ the basement thereof to a garage for car parking and shall improve the street level of such property either with a small park area or for any other approriate civic use. Section 2. That for the purpose of providing part of the funds necess- ary to construct and make the above-described capital improvements, the city shall issue its general obligation bonds in the principal sum of ~50,000. Said Bonds shall bear interest at a rate of not to exceed 6~ per annum payable semi-annually and shall mature in from two to fifteen years from date of issue in such amounts as will, as nearly as practicable, together with the interest thereon, be met by equal annual tax levies for the payment of the principal thereof and interest thereon. Both such principal and interest shall be paid out of annual levies of taxes to be made upon all the taxable property within the city without limitation as to rate or amount. The exact date, form, terms, maturities and covenants of said Bonds shall be as hereafter fixed by ordinance of the city. Section 3. It is hereby found and declared that an emergency exists requiring the submission to the qualified electors of the city of the proposition of whether or not it should issue and sell said Bonds for such purposes at a special election to be held therein on November 4, 1958 in conjunction with the county and state general election to be held on the same date. The Kitsap County Auditor, as ex officio supervisor of said county and state general election, is hereby requested to call and conduct said special election aO the same time as and in conjunction with said county and state general election and with the same polling places and election officials for each polling place as fixed for each of the voting precincts within the city for said Eeneral election. ORDINANCE NO. 2294 (cont'd) The proposition to be submitted to the qualified electors of the city at said special election shall be as follows and the City Clerk is hereby authorized and directed to deliver a certified copy of this ordinance to the Kitsap County Auditor as soon as the same shall become effective: PROPOSITION CITY HALL BONDS $350,000 Shall the City of Bremerton, Washington, for the purpose of providing part of the funds to completely ~econstruct the existing City Hall and the building adjoining the same to the east, with all utilities, facilities and equipment necessary to make a complete City Hall building and to demolish the build- ing located on the southwest corner of Washington Avenue and Fourth Stree~ convert the basement thereof to a garage and improve the street level thereof with either a park or for some other appropriate city use, issue its general obligation bonds in the principal sum of $350,000, said bonds to bear interest at a rate of not to exceed 6~ per annum, to mature in from two to fifteen years from date of issue and to be paid both principal and interest out of annual tax levies to be made upon all the taxable property within the city without limitation as to rate or amount, all as more fully provided in Ordinance No. 2294 of the city. BONDS, ..... /-7 BONDS, NO .... /-7 APPROVED on first reading this 15th day of August, 1958. PASSED on second reading by the City Council of the City of Bremerton, signed by the mayor and attested by the City Clerk in authen- tication of such passage this 20th day of August, 1958. 'H.-O. DOMSTAD, Mayor ATTEST: E.H.T. MC Go. an} City Clerk