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HomeMy WebLinkAbout1226 ORDINANCE NO. 1226 AN ORDINANCE providing for the improvement of Naval Avenue from Eleventh Street to Thirteenth Street in accordance with the maps, plans and specifications on file in the office of the City Clerk, establishing an improvement district, providing for the levying of assessments for the payment of such improvement and making such improvement payable by bonds. THE CITY COMMISSION OF THE CITY OF BREM~RTON DO ORDAIN AS FOLLOWS: Section 1. That Naval Avenue from Eleventh Street to Thirteenth Street, be improved by clearing, grubbing, grading, surfacing and construction of side- walks five feet wide together with the doing of any and all other work in conn- ection 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 of the City of Sremerton. Section 2. That the cost and expense of said improvement shall be borne by and assessed against the property included in the assessment district here- inafter created, in accordance with the provisions of Section 9365 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 Washington, 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 3. There is hereby established and created a local improvement district to be called and known as "Local Improvement District No. 182, the boundaries of which district are described as follows; Beginning at the intersection of the centerlines of Naval Avenue and Eleventh Street; thence West 328.92' to a point mi&way between Naval Avenue and Olympic Avenue; thence North 666.06'; thence East 592.92' to a point midway between Naval Avenue and Marguerite Avenue; thence South 666.06' to the centerline of Eleventh Street; thence West along the center line of Eleventh Street 264' to abe point of beginning. Section 4. 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 in proportion to said area, and in accord- ance with the provisions of Section 9'365 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 department of the United States Government as hereinbefore p~ovided. Section 5. Bonds bearing interest at the rate of not to exceed six per cent per annum, 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 inlt~e~,~d%at?!Cthereinabove described, which bonds shall be redeemed by a coll.ectien~of~special assessments, levied and assessed against the property within said district, payable in equal annual installments, with interest at the rate of not to exceed 6% per annum 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 the redemption of warrants on the local improvement district funds 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 Government or to any private person or persons, and make such redemption in cash. Section 6. This ordinance 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 reading, passage and publication as provided by law. Passed by the City Commission of the City of Bremerton on first reading this 4th day of June, 1938. PASSED and adopted on second reading this llth day of Juae, 1938, signed by the Mayor and attested by the City Clerk in authentication of such passage. Attest