HomeMy WebLinkAbout2028 ORDINANCE NO. 2028
AN ORDINANCE PROVIDING FOR THE IMPROVEMENT OF: Veldee Avenue from 24th
Street to 26th Street by the construction of concrete curbs and gutters and
ornamental street lighting, all in accordance with the plans, maps, and speci-
fications on file in the Office of the City Clerk, establishing an improve-
ment district, providing for the levying of assessments for the payment of
such improvement and making such improvement payable by bonds.
THE CITY OF BREMERTON DOES ORDAIN:
Section. lo That Veldee Avenue from 24th Street to 26th Street be im-
proved by the construction of concrete curbs and gutters and ornamental
street lighting, together with the doing of any and all other work in con-
nection therewith as may be necessary to make such improvement a complete
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. '£hat the cost and expense of said improvement shall be borne
by and assessed against the property included in the assessment district
hereinafter created, in accordance with the provisions of the Revised Code
of Washington 35.43.080 except such proportion of said cost as shall be borne
and paid for by the State of Washington or other governmental agency, which
proportion of such cost and expense is hereby deblared 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 be called and known as "Local Improvement District Ne.
256", 'the boundaries of which are described as follows: Beginning at the
intersection of the centerltnes of 26th Street and Veldee Avenue; thence
East along the centerline of 26th Street to its intersection with the cen-
terline of the alley in Blocks i and 3 Broadview Addition; thence South a-
long the centerline of said alley to its intersection with the centerline
of 24th Street; thence West along the centerline of 24th Street to its in-
tersection with the cmnterline of the alley in Blocks 2 and 4, Broadview
Addition; thence North along the centerline of said alley to its intersec-
tion with the centerline of 26th Street; thence East along the centerline of
20th Street to the centerline of Veldee Avenue the point of beginning.
Section 4. That the cost and expense of said improvement to be borne
by said Improvement ~istrtct and exclusive of any portion borne by either the
State of Washington or other Governmental Agency shall be assessed against
said 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 shall be made against the property of the district in accord-
ance with the spacial benefits it will derive from the improvement without
regard to the mne 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 be paid for by arrangement, if any, with the State of
Washington or other Governmental Agency.
Section 5. That bonds bearing interest at a rate of not more than six
per cent per annum, payable on or before ten years from the date of issu-
ance, shall be issued in payment of the cost and expense of said improve-
ment assessed against the property included in the district hereinabove des-
cribed which bonds shall be redeemed by a collection of special assessments
levied and assessed against the property within said district, payable in
equal annual installments, with interest at tho rate of not to exceed eight
per cent per annum under the mode of payment by bonds as required by law and
the ordinm~ces of the City of BBremerton. These bonds shall be delivered to
the contractor in redemption of warrants on the Local Improvement District
Funds issued on the estimate of the City Engineer, or the City of Bre~erton
may, at its option, sell said bonds and make such redemption in cash.
Section 6. That this ordinance shall take effect immediately following
its passage and publication, as provided by law.
PASSED by the City Council of the City of Bremerton, signed by the Nayor
and attested by the City Clerk in authentication thereof this 8th day of July
ATTEST: Cullin, Acting ~ayor
~.H.T. ~,cGowah, City Clerk