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HomeMy WebLinkAbout0412 Ordinance ~0 · AN 0RDIN~CE providing gor the improvement of Elizabeth Street from the North margin o~ Ninth Street to Station 24?0, being a point along and on top of bluff of Dye's Inlet, and also for the improvement of Ralp~ Street from the West margin of Park Avenue to t~e East margin of Warren Avenue, by grading, grubbing, sidewal~ing and g~ttering of the said streets between the termini of said improve- ment as herein set forth, and for such other work as may be necessary in connection therewith, in accordance with plans on file in the office of the City Eng&neer and in accorance with the resolution of the City of Bremerton Duly passed and published creating a local improvement district therefor, and prov&ding that payment for said improvement be made by special assessments upon the property in sa~d district, payable by the mode of "Payment By Bondw." The City Counci~ of the City of Bremerton do ordain ~s follows: That Elizabeth Street from the North margin of Ninth Street to Station 2~?0, being a point along and on top of bluff of Dye's inlet, and also Ralph Street fro~ the West margin of Park Avenue to the East margin of Warren Avenue be im- proved by grading, grubbing, sidewalking and gutt,~ring of the said streets between the termini of said distrist as herein established, and such other work be done as may be necessary in connection t~erewith according to plans and specifications of the C~ty Engineer on file in the Clerk's office. Sec. ~. That all the cost and expense of said improvement, including all necessary and incidental expenses, shall be borne by and assessed a~ainst the property included in the assessment district hereinafter created in accordance with law. The City of ~remerton shall not be liable in any manner for any portioJ of the cost or expense of said improvement. Sec. Z. There is tereby established a looal improvement district to be calle~ "Local Improvement Dustrtct No. §~," which said ~lstrict is described as follows: "All the property between the termini of sa~d improwement abbutting upon, aJacent, vicinal or proximate to such portion of said streets and. avenues to a distance back from the marginal lines thereof, as provided by law. Sec. 4. Bonds bearing interest at the rate of Seven per cent per annum on or before ten years from the date of is~ uance shall ~e issued in payment of the cost and expense of ~his improvement, which bonds shall be redeemed by the collection of special assessments to be levied and assessed upon the property within said distri t. payable in five equal annual installmmnts with interest at the rate of seven per cent per annum, under the mode of "Payment By Bonds," as defined by law an~ the ordinance of the City of ~remer$on, These bonds sh~ll be delivered to the contractor in redemption of warrants on the Local Imrpovement District 2und issued o~ estimates of the City Engineer, or the City of Brem- erton may at its election sell said bonds and make such redemption in cash. Sec, 5. ~t is further provided that any owner or owners within the said dis- trict may upon such terms as may be agreed upon b~ the City ~ugineer and the Contractor in charge of said work, with the concurrence of the ~ty Council have special work done updn any premises of such property owner or o~ners and situated within the ~aid district upon signing such agreement or stipulation as may be re- quired by the City Council, the cost of such s~scial work on said premises to be added to the amount of the assessment other~vise to be charged against such property and included in and carried on the assessment rol~ hereafter reported against the property within said district and. thereafter included in the amount of the bonds issued against maid district. This ordinance shall be in full force and effect from flee days ~fter its passage, approval and public~tion. Passed by the City Council and approved by the~25t~ day o March, 191£ Attest: ~ ~ ' ~ ~ City Clerk ~lled by me ~his 2Bth day of March, 1912.