HomeMy WebLinkAbout2078 ORDINANCE NO. 2078
AN ORDINANCE PROVIDING FOR THE IMPROVEMENT OF: Holman 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 plans,
maps, an~i specifications on file in the Office of the City Clerk, estab-
lishing an improvement district, providing for the levying of assessments
for the payment of such improvement and making such improvement payable
by bonds.
THE CITY OF BRE~ERTON ~OES ORDAIN:
Section 1. ~hat Holman Street from Perry Avenue to Trenton Avenue
be improved by the construction of five foot sidewalks constructed of con-
crete and concrete curbs and gutters, together with the doing of any and
all other work as may be necessary in connection therewith to make such
improvement a complete job, all in accordance with the maps, plans and
specif~cations now on file in the Office bi the City Cler~ of the City of
Bre~ePton,
Section 2. X'hat the cost and expense of said improvement shall be
borne by and assessed against the property ~nc!uded in the assessment
district hereinafter created, in accordance with the provisions of the
Revised Code of Washington ~.45.080 except such proportion of said cost
as shall be borne and paid for by the State of ~ashington or other
ernmental 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. ~hat there is hereby established and created a local im-
provement district to Oe called and known as "Local Improvement ~istrict
No. 262", the boundaries of which are described as follows: Beginning
at the intersection of the centerlines of ~erry Avenue and Holman Street;
thence North along the Centerline of 'erry Avenue to the North line of the
South half of the ~ uth half of the South half of the Northeast quarter
of the Southeast quarter of Section 12, township 24 North, Range 1 East,
~illiamette Meridian; thence East along said North line to the cneterline
of Trenton Avenue; thence South along the centerline of Trenton Avenue to
the South line of the No rth~ of the North ~ of the Southeast¥ of the
Southeast ¼ of Section 12, Township 24 North, Range 1 East, Willamette
~eridian; thence West alon~ said South line to the centerline of ~erry
Avenue; thence North along said centerline of Ferry Avenue to its inter-
section with the centerline of Holman Street, the Point of Beginning.
Section 4. ~hat 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 Wa. shington or ot~er i~overnmental Agency shall be ass-
essed against said property included in said Improvement ~istrict in pro-
portion to said ares, except cer.tain units wherein the special benefits
conferred upon the property are not fairly reflected by ~he use of the ter-
mini and zone method, the assessment shall be made against theproperty 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 ac-
cordance with the provisions of the Revised Code of Was~ington
and the remainder of said cost of the improvement to be paid for ~y ar-
rangement, if any, with the State of Washington or other Gover~nental
Agency.
Section 5. ~hat bonds bearing interest at not more than six per
cent per anm~, payable on or before ten years from thedate of issuance,
shall be issued in payment of the cost and expense of said improvement
assessed against the property included in the district hereinabove de-
scribed which bonds shall be redeemed by a collection of special assess-
ments levied and assessed against the property within the district, pay-
aOle in equal annual installments, with interest at the rate of not to
exceed eight per cent per annum under the mode of ~ayment 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 Loc-
al 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 6. £hat this Ordina~ce shall take effect immediately follow-
ing 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 thereof this 16th
day of June, 1954.
ATTEST: S.W. YOWELL, ~.ayor