HomeMy WebLinkAbout1879ORDINANCE N0. //k%'?
AN ORDINANCE of the City of Port Angeles, Washington,
providing for the improvement of a certain area
within the city by the construction and installation
of storm drains, grading, ballasting and paving
streets and constructing curbs and gutters, and by
doing all work required in connection with such
improvements, all pursuant to Improvement Resolution
No. 199 of the City passed and approved April 20,
1976, creating a local improvement district therefor,
providing for the payment of the cost of said improve-
ments by special assessments upon the property in
said District, providing for the creation of Local
Improvement District No. 199 Fund and for the issuance
and sale of local improvement district warrants and
notes or bonds.
WHEREAS, on April 20, 1976, the Council of the City of
Port Angeles, Washington, adopted its Improvement Resolution No.
199 declaring its intention to order the improvement of a certain
area within the city by the construction and installation of storm
drains, grading, ballasting and paving streets and constructing
curbs and gutters therein and by doing all work required in con-
nection therewith- which resolution fixed the date of hearing
thereon for May 18, 1976 in the City Council Chambers in Port
Angeles, Washington; and
WHEREAS, said resolution was duly published in the manner
required by law and notice of said hearing was also duly given by
mailing as required by law; and
WHEREAS, said hearing was held on May 18, 1976 as pro-
vided in said notice, an explanation of the proposed improvements
was given by the City Manager, no written protests were filed and
after discussion of said improvements and due consideration there-
of the Council has determined to order the construction and
installation of the improvements hereinafter more particularly
described and to create a local improvement district therefore;
NOW, THEREFORE, BE IT ORDAINED by the Council of the
City of Port Angeles, Washington, as follows:
Section 1. The following described property within the
City shall be improved by the construction of storm drains,
grading, ballasting and paving streets and constructing curbs and
gutters, together with all appurtenances and work required in
connection therewith:
That street known as Glenbrook Circle, and bene-
fitting Lots No. 1, 2, 3, 4, 5, 6, 7, and 8 within the
Glenbrook subdivision recorded on Page 48, Volume 7
of Plats, records of Clallam County, Washington.
Section 2. The following described streets and storm
sewers shall be constructed and installed within the area described
in Section 1 above, together with all necessary appurtenances and
by doing all work necessary in connection therewith:
1. A 8" storm drain in Glenbrook Circle cul -de -sac.
2. Grade, ballast, and pave with asphalt concrete and
construct concrete curb and gutter Glenbrook Circle
within the Glenbrook subdivision.
Section 3. The plans and specifications for the
improvements described in Section 2 above as prepared by the City
Engineer and now on file are hereby adopted and approved.
Section 4. There is hereby established a local improve-
ment district of the city to be known as "Local Improvement Dis-
trict No. 199" which said district shall include all the property
described in Section 2 above.
Section 5. The estimated cost of said improvements is
$13,500.00 all of which shall be borne by and assessed against
the property within Local Improvement District No. 199 specially
benefited by said improvements. Such assessments shall be made
against the property within the said Local Improvement District
in accordance with the special benefits said property will derive
from said improvements, without regard to the zone and termini
method.
Section 6. There is hereby created a fund of the city
to be known as "Local Improvement District No. 199 Fund" into
which fund there shall be paid all of the assessments collected
in said district as and when directed by the ordinance confirming
said assessment and the assessment roll therefor.
Interim revenue warrants bearing interest at a rate to
be fixed by the City Council shall be drawn upon said fund based
upon estimates of the City Engineer and shall be sold to such
person, firm or corporation or to such other funds of the city as
may hereafter be provided by resolution of the City Council and
in the manner provided by such resolution to furnish moneys for
the payment of the costs of construction and installation of said
improvements and costs incidental thereto as the same shall be
incurred. The proceeds of sale of such interim revenue warrants
shall be deposited in said fund and cash warrants drawn thereon
in payment of such costs.
Upon completion of the improvements and after the
expiration of the 30 -day assessment prepayment period, installment
notes of said local improvement district bearing interest at a
rate of not to exceed 81% per annum payable on or before twelve
years from date of issue shall be issued for the redemption of the
outstanding revenue warrants and shall be payable both principal
and interest by the collection of special assessments to be levied
and assessed upon the property within the district payable in ten
equal annual installments with interest at a rate of not to
exceed 81% per annum, all as provided by law and ordinances of the
city.
Section 7. This ordinance shall become effective five
days from and after its passage, approval and publications.
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PASSED by the Council of the City of Port Angeles, and
approved by its Mayor at a regular meeting of said Council held
this 18th day of May, 1976.
ATTEST:
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City lerk
City lerk
APPROVED AS TO FORM:
(:\
City Aittorney
PUBLISHED:
CITY OF PORT ANGELES, WASHINGTON
-4-
Mayor
I, MARIAN C. PARRISH, the duly qualified and acting City Clerk
of the City of Port Angeles, Washington, DO HEREBY CERTIFY that
the foregoing ordinance is a true and correct copy of Ordinance
No.!r9of said city, duly adopted by its Council and approved
by its Mayor at a regular meeting of said Council held on the
/$ day of 9221 ct , 1976.
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City Clerk