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HomeMy WebLinkAbout2151 ORDINANCE NO. 2151 AN ORDINANCE providing for the improvement of Terrace Street from Perry Avenue to Trenton Avenue by the construction of five foot concrete sidewalks and concrete curbs and gutters, all in accordance with the maps, plans and specifications now on file in 'the office of the City Clerk, establishing an improvement district, providing for the levying of assessments for the payment of such improvement and making such im- provement payable by bonds. THE CITY OF BREMERTON DOES ORDAIN: Section 1. i'hat Terrace Street from Perry Avenue to Trenton Ave- nue be improved by the construction of five foot concrete sidewalks and concrete curbs and gutters, together with the doing of any and all other work in connection therewith as may be necessary to make such improve- ment a complete job, all in accordance with the maps, plans and speci- fications now on file in the office of the City Clerk of the City of Bremerton. Section 2. '£~at the cost and expense of said. improvement shall be borne by and assessed against the property included in the assess- ment district hereinafter created, in accordance with the provisions of the Revised Code of Washington 35.43.080, except such portion of said cost as shall be borne and paid for by either the State of '¢~ash- ington or other governmental agency, which proportion of such cost and expense is hereby declared to be in accordance with the special bene- fits conferred upon such property. Section 3. That there is hereby established and cleated a Local Improvement District to be called and known as "Local Improvement Dis- trier No. 286", the boundaries of which are described aB follows: Beginning at 'the intersection of the centerline of Perry Avenue with the North line of SectiSn 13-24- 1 EWM; thence East 400 feet; thence North 8S.13 feet; thence East 'to the centerline of Tree, ton Ave- nue, said point 'being 82.13 feet North of the Northeast Corner of Sec- tion 13-24-1EWM; thence South along the centerline of Trenton Avenue to the South line of ¢he Plat of Fircrest extended; thence West along the South line of the Plat of Fircrest to the centerline of Perry Ave- nue; thence North along the centerline of Perry Avenue to the point of beginning. Section 4. '£hat the cost an~ expense of said improvement to be borne and paid for by said Improvement ~istrict and exclusive of any portion borne by either the State of Washington or other goverrm~ental agency shall be assessed against the property included in said Improve- ment District in proportion to said area, except certain units whe~.ein the special benefits conferred upon the property are not ±'airly reflect- ed by the use of the termini and zone method, the assessment shall be made against the propert~ 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 provisionsof the Revised Code of Wash- ington 35.43.080, and the remainder of said c~st of the improvement to be paid for by arrangeme~t, if any, with the State of Washington or other governmental agency. Section 5. 'hat bonds bearing interest at not more than six per cent per annum, payable on or before ten years from the date of issuance shall Oe issued in payment of t~e cost and expense of said improvemant assessed against the property included in the district hereinabove des- cribed whi6h bonds shall be redeemed by a collection of special assess- ments levied and assessed against the property within the district, pay- a~le in equal annual install:~ents with interest at the rate of not to exceed eight per cent per annum under the mode of payment by bonds as required by law and the ordinances of the City of Bremerton. These bonds shall Oe delivered to the Contractor in redemption of warrants on the Local Improvement District funds issued on the estimate of the City mngineer, or, the City of Bremerton may, at its option, sell the said bonds and make such redemption in cash. Section 6. *hat this Ordinance shall take effect immediately fol- lowing its passage and puOlication as required by law. PASSED by the City Council of the City of Bremerton, signed by the Mayor and attested by the City Clerk in authentication of such pas- sage this 29th day of February, 1958. A~TEST. ~.O. D~b~STAD, May~r