HomeMy WebLinkAbout1975 AN ORDINANCE providing for the improvement of Yantic Avenue from
Farragut Street to Porter Street by the clearing, grubbing, grading for
and the construction of concrete curbs and gutters, all in accordance
with the maps, plans and speciI'ications on I'ile in the wffice of tho
City Clerk, establishing an improvement district, providing for the levy-
ing of assessments for ~he payment ot' such improvement and making such im-
provement payable by bonds.
THE CITY OF !SREI~gERTON i~OE~ Oi~DAIN:
Section 1. 'l'hat Yantic Avenue from Farragut Street to Porter Street
be improved 0y clearing, grubbing, grmding for and construction of concrete
curbs and gutters, together with the doing of any and all other work in
connection therewith as may be necessary to maMe such improvement a com-
plete job, all in accord~ce with the maps, plans and specifications now on
file in Ohe Office bi' the City Clerk of the City of Bremerton.
Section ~. ~hat the cost and expense of said improvement shall 0e
borne by and assessed against the property included in the assessment dis-
trict hereina~%er created, in accordance with the provisions of Section
9~ bi~ Remington's RevisedStatutes, except such proportion of s aid cost as
shall be borne by and paid for by the Stabs bi~ Washington or other govern-
mental agency which proportion oz' such cost and expense is hereby declared
to be in accordance with Ohs special benefits conferred upon 'such property.
Section ~. That there is hereby established ~d created a local im-
provemen~ district to ~ called and known as "Local Improvement Distric~
No. B~9", the bo~daries of whi~ are as follows:
Begi~ing at ~he intersection of Yantic Avenue and Farragut Street
centerlines; thence East along the centerline of Farragut Street to the
intersection of said centerline with the projection of the centerline of
the North ~d South Alley in Block 9, Port Orchard; thence South along said
centerline bi~ ~he North and Sou~h Alley; and the East line of Lot ~, Block
9, Port Orchard, and the East line of Lot ~ extended to its intersection
with the centerline of Porter Street; thence West along the centerline of
Por~er Street to its intersection with the West line of Lot 8 Block 8 Port
Orchard, extended; thence North along ~he West line of s~Lot 8 extended,
and the West line of Lot ~, and the centerline bi~ the North ~d South alley
in BlocX 8, Port Orchard ~o ins intersection with ~he centerline oi' Farra-
gut Street; thence East along the centerline o~' Farragut Street to i~s in-
tersection with the centerline o~' Yantic Avenue, the point o~' beginning.
Section R. Tha~ the cost and expense of said improvement to be borne
by said improvement distric~ and exclusive of ~y portion borne by either
the State of V~ashington or Ogher gover~ental agency sl~mll be assessed again-
st said property included in said improvement district in proportion to said
area, except certain ~its wherein the special benefits conferred upon th~
property are not fairly reflected by the use of the termini and zone method
the assessment shall be made agasinst the property bi' the district in accord-
ance with ~he special 0enei~its it will derive from the improvement without
regard to the zone and termini method, and in accordance with the provisions ~
Section ~8~ of Remington's RevisedStatutes of the State of Washington and
the remainder of said cost bi' the improvement to bepaid for by arrangement,
if any, with the State of Washington or other gover~ental agency.
Section 8. That bonds bearing interest at the rane of not more than six
percent per ann~, payable on or before ten years from the ~ate of issuance,
shall be issued in payment of the cost and expense of said improvement assess~
against the propez~ty included in the district hereinabove described, which
bonds shall be redeemed by a collection bi' special assessments levied and
assessed agasinst the property within said district, payable in equal install-
ments~ with interest at the rate or not to exceed eight p~rcent per ann~
~der the mode bi' pa~ent 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 district f~ds issued on the
estimate of the City ~ngineer, or the City of Bremerton may, at its option,
sell said 0onds and make such redemption in cash.
Section 6. ~at this o~dinance shall take effect i~ediately following
it spassage and publication, as provided by law.
PASSED by the City Co~cil of the City of Bremerton, signed by the ~ayor
and attested by the City Clerk in authentication thereof this ~th day of
S.