Loading...
HomeMy WebLinkAbout1209 0RDINA~CE NO. 1E09 AN ORDINANCE providing for the improvement of Fifth Street from Naval Ave- nue to Olympic Avenue, in accordance with the maps, plans and specifications on file in the office of the City Clerk, establishing an improvement district, pro- Viding for the levying of assessments for the payment of such improvement and making such improvement payable by bonds. THE CITY C0~,,~ISSION OF THE CITY OF BRE~ERTON DO ORDAIN ~S FOLLOWS: Section 1. That Fifth Street from Naval Avenue to Olympic Avenue, be improved by clearing, grubbing, grading, paving with one course concrete pavement twenty-six feet wide and six inches thick, providing for the drainage thereof, together with the doing of any and all other work in connection therewith as may be necessary to make such improvement a complete job, all in accordance with maps, plans and specifications now on file in the office of the City Clerk or the City of Bremerton. Section 2. That 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 Section 9~65 of Remington's Revised Statutes, except such proportion of said cost as shall be borne by and paid for by either a department of the State of %¥ashington, or a department of the national government created for emergency relief, which proportion of such cost and expense is hereby declared to be in accordance with special benefits conferred upon such property. Section ~. There is hereby established and created a local improvement district to be called and kno~ as "Local Improvement District No. 1VS", the boundaries of which district are described as follows: Beginning at a point ~Ich is 132.48 feet South of the intersection of the centerlines of Sixth Street and Naval Avenue; thence South 264.92 feet to the center- line of Forth Street; thence West along the centerltne of ~'o~th Street 706.0~ feet to the centerline of 01~pic Avenue; thence North ~ong the centerltne of Olympic Ave- nue 286.65 feet to a point midway between Fifth Street and Sixty Street; thence East 707.~ feet to the center- line of Naval Avenue and point of beginning. Section ~. That the cost and expense of said improvement to be borne by said improvement district and exclusive of the portion borne by either the State of Washington or the United States Department for Emergency Relief, as in Section 2 of this ordinance provided, shall be assessed against said property included in said improvement district tn proportion to said area, and in accordance with the provisions of SectiongZS~ of Remington's Revised Statutes of the State of Washington, and the remainder of said cost of the improvement is to be paid for by arrangement with either a department of the State of Washington or a depart- ment of the United ~tates Goverr~ent as hereinbefore provided. Section ~. Bonds bearing inter~st at the rate of not to exceed six per cent per ann~, payable on or before ten years from the date of issuance, shall be issued in payment of the cost and expense of said improvement assessed against the property included in the district hereinabove described, which bonds shall be redeemed by a collection of special assessments levied and assessed against the property within the said district, payable in equal annual installments, with interest at the rate of not to exceed 8% per ~num, under the mode of payment by bonds as required by law and the ordinances of the City of Bremerton. ~ese bonds shall be delivered to the contractor in the redemption of warrants on the local improvement district ~unds issued on the estimate of the City Engineer, or the City of Bremerton may, at its option sell said bonds either to the United States Coverm'~ent or to any private person or persons, and make such redemption in cash. Section 8. This ordin~ce shall, after its first reading be placed on file with the City Clerk for a period of at least one week and shall take effect thirty days from and after its final rea~tng, passage and publication as provided by law. Passed by the City Co~.sslon of the City of Bremerton on first reading this 19th day of ~arch, 1958. PASSED and adopted on second reading this BSth day of ~arch, 19~8, signed by the Mayor and attested b~$~.~,~ Clerk in authentication of such passage. and for~ing is a t~ue and ~errect cop~, et . .~ ~ t~ ~t~ Of 6remeffon, Washin~o,~ on // ~yor a~ve date. ~ity Clerl c~