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HomeMy WebLinkAbout1976r 5716.78 ORDINANCE NO. /97 AN ORDINANCE of the City of Port Angeles, Washington, providing for the improvement of a certain area within the city generally known as 16th and "E" by grading, draining and paving of certain streets and alleys therein, the construction of curbs and gutters, and by doing all other work required in connection with such improvements, all pursuant to Improvement Resolution No. 21 -78 of the City passed and approved April 4, 1978; creating a local improvement district therefor, providing for the payment of the cost of said improvements by special assessments upon the property in said District, providing for the creation of Local Improvement District No. 201 Fund and for the issuance and sale of local improve- ment district warrants and notes or bonds. WHEREAS, on April 4, 1978, the Council of the City of =P_ort _Angeles, Washington, adopted its Improvement Resolution No. 21 -78 declaring its intention to order the improvement of a certain area within the city generally known as 16th and "E" by the grading, draining and paving of certain streets and alleys therein, the construction of curbs and gutters and by doing all work required in connection therewith; and WHEREAS, said resolution was duly published in the Port Angeles Daily News 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 2, 1978, as provided in said notice, and continued to May 16, 1978, various oral state- ments for and against the improvements were made and certain written protests were filed and after discussion of said improvements and due consideration thereof the Council, has determined to order the construction and installation of the improvements hereinafter more particularly described and to create a local improvement district therefor; NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Port Angeles, Washington, as follows: Section 1. The area described in Exhibit A, attached hereto and incorporated by reference herein, shall be improved by grading, paving and draining the streets described in Exhibit B, attached hereto and incorporated herein, and by doing all work necessary in connection therewith, including the installation of curbs and gutters in such streets. Individual alleys in the area described in Exhibit A may be paved at the owners request. Section 2. The plans and specifications for the improve- ments described in Section 1 above as prepared by the City Engineer and now on file are hereby adopted and approved. Section 3. There is hereby established a local improvement district of the city to be know as "Local Improvement District No. 201" which said district shall include all the property described in Exhibit A. Section 4. The cost of said improvements shall be borne by and assessed against the property within Local Improvement: District No. 201 specially benefited by said improvements. If the low bid submitted for construction of L.I.D. 201 should exceeed the engineers' estimate by 10% or more, the property owners shall have the opportunity to vote upon rejection of the L.I.D. Section 5. There is hereby created a fund of the city to be known as "Local Improvement District No. 201 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 assessments and the assessment roll therefor. Interim revenue warrants bearing interest at a rate of not to exceed the maximum rate permitted by law may 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 • monies for the payment of the costs of constructing and installation of said improvements and costs incidental thereto as same shall be incurred. The proceeds of sale of such interim revenue warrants shall be deposited insaid 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 or bonds of said local improvment district bearing interest at a rate of not to exceed the maximum rate permitted by law 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, all as provided by law and ordinances of the city. If bonds are issued they shall be in denominations of $5,000 each, except for Bond No. 1, the denomination of which shall be hereafter provided by resolution of the City Council. Section 6. This ordinance shall become effective immediately upon its passage, approval and publication. PASSED by the Council of the City of Port Angeles and approved by its Mayor at a regular meeting of said Council held / '46 this fo day of .r- AT-EST: Marian C. Parrish, City Clerk APPROVED AS TO FORMat y-'. C. T. Walrath, City Attorney PUBLISHED: 5 /90 , 1978. CITY OF PORT ANGELES —3— EXHIBIT A 16TH & • E LID Description of district: Beginning at the center line of alley in Townsite Block 411 and the west line of "E" Street; Thence westerly along the center line extended of said alley to the lot line between lots 16 and 17 in Townsite Block 410 extended; Thence southerly along said lot line extended to the south right of way line of 15th Street; Thence westerly along said south right of way line of 15th Street to the lot line between lots 5 and 6 in Townsite Block 433; Thence southerly along said lot line extended to the south right of way line of 16th Street; Thence southerly along a line 250 feet westerly from the west right of way line of "F" Street to the north right of way line of Lauridsen Boulevard; Thence easterly along the north right of way lien of Lauridsen Boule- vard to the lot line between lots 1 and 2 in Townsite Block 457; Thence northerly along the said lot line extended to the north line of 18th Street:and the lot line between lots 15 and 16 in Townsite Block 451; Thence easterly along the north right of way line of 18th Street to the lot line between lots 15 and 16 in Tonwsite Block 450; Thence northerly along said lot line extended to the north line of the alley in Townsite Block 450; Thence easterly along the north line of the alley in Townsite Block 450 to the west line of C Street; Thence northerly along the west line of C Street to the south line of the alley in Townsite Block 441; Page 2 Exhibit A 16th & E LID Thence westerly along the south line of said alley to the lot line between lots 15 and 16 in Townsite Block 441; Thence northerly along said lot line extended to the south line of 16th Street; Thence westerly along the south line of 16th Street to the west line of E Street; Thence northerly along the west line of.E.Street to the center line of the alley in Townsite Block 411 and the place of beginning. • EXHIBIT B 16th & E LID STREETS TO BE IMPROVED STREET FROM TO 15th E Street 200 ft. west of F Street 17th C Street D Street 17th E Street F Street 18th E Street F Street 19th 400 ft. east of E F Street D 16th 18th E 16th Lauridsen Blvd. F 15th Lauridsen Blvd. 1 • I, MARIAN C. PARRISH, the duly qualified and acting City Clerk of the City of Port Angeles, Washington, DO HEREBY CERTIFY that the foregoing is a true and correct cipy of Ordinance No. "of said city, duly adopted by its Council and approved by its Mayor at a regular meeting of said Council held on the /4 day of 1978. at/r-Zr-e, Pevacee:6 City Clerk