Loading...
HomeMy WebLinkAbout2133 ORDINANCE N0. 2133 AN ORDINANCE PRO¥IDING FOR 'EHE IMPROVEMENT OF: Nipsic Avenue from East 17th Street to Cascade Trail and East 18th Street from Nipsic Avenue to 332.56 feet West by the construction of concrete curbs and gutters and five foot concrete sidewalks, all in accordance with the plans, maps amd specifications on file in the Office of the City Clerk, establishing an improvement district, providing for the levying of assessments for the pay- ment of such improvement and making such improvement payable by bonds. THE CIT~ OF BREf¥iERTON DOES ORDAIN: Section 1. ~'hat Nipsic Avenue from East 1Vth Street to Cascade Trail and East 18th Street from Nipsic Avenue to 332.56~feet West be im- proved by the construction of concrete curbs and gutters and five I'oot concrete sidewalks, together with the doing of any and all other work as may be necessary in connection therewith to make such improvement a com- plete job, all in accordance with the maps, plans, and specifications now on file in the Office of the City Clerk of the City of Bremerton. Section 2. rhat the cost and expense of said improvement shall be borne by and assessed against the property included in the assessment dis- trict hereinafter created, in accordance with the provisions of the Re- vised Code of Washington 35.43.080 except such portion of said cost as shall be bor. ne and paid for by either the State 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 3. That there is hereby established and created a local im- provement district to ce called and known as "Local Improvement District No. 264", the boundaries of which are desc~ bed as follows: Beginning at the intersection of the centerline of East 17th Street and the centerline of ~ipsic Avenue; thence West along the centerline of East 17th Street 332.56 feet; thence North to a point on the canterline of Cascade 'ri~,ail which is 33[J.56 feet West of the centerline of N'ipsic Avenue; thence East along the centerline of Cascade Trail to a point which is 33~o56 feet East of the centerline of Nipsi¢ Avenue; thence South to a point on the centerline of East 17th Street which is 33~.56 feet East of the centerline of Nipsic Avenue; thence '~'est along the centerline of East l?th Street to its intersection with the centerline of Nipsic Avenue, the point of beginning. Section 4. ~'hat the cost and expemse of said improvement to be borne by said Improvement ~istrict and exclusive of any ~ortion bo.~ne by either the State of ~'~ashington or other governmental a6ency shall be assessed a6ainst saio. 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 ~hall ~e ma~e against the property of the dis- trict in accordance with the special benefits it will derive from the im- provement without regard to the zone and termini method, and in accordance with the provisions of the Revised Code of Washington 35.43.080 and the remainder of said cost of the improvement to ~e paid for by arrangement, if any, with the State of Washington or other governmental agency. Section 5. That bonds bearing interest at not more than six per cent per annum, payable on o~, before ten years from the date of issuance, shall be issued in payment of the cost and expense of said improvement as- sesses against the property included in the district herelnabove described which bonds shall be redeemed by a collection of special assessments lev~- ed and assessed against the property within the district, payable in equ~al annual installments with ini~erest at the rate of not 'to exceed eight per cent per anmzm 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 Dis- trict 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 6. That this Ordinance shall take effect immediately follow- ing its passage and publication, as required by law. PASSED by the City Council of the City of Bremerton, signed by the ~ayor and attested by the City Clerk in authentication thereof this P. nd day of November, 1955. ATTEST: H.0. D0~STAD, Mayor