Loading...
HomeMy WebLinkAbout2175XI 8. /O. Ve . / ORDINANCE NO. C7 /7S AN ORDINANCE of the City of Port Angeles establishing the Craig /Campbell /Porter Avenue Improvement Fund. WHEREAS, the City of Port Angeles is authorized by law to create funds for special purposes; and WHEREAS, the City Council of the City of Port Angeles deems it necessary in the public interest and to protect the public health, safety and welfare, that the Craig /Campbell /Porter Avenue area in the Beacon Hill Addition within the City of Port Angeles be improved; and WHEREAS, a portion of the necessity for this improvement is due to increased development in those portions of the City served by Craig/ Campbell /Porter Streets; and WHEREAS, the City of Port Angeles has, and intends in the future, to require those persons developing within areas served by Craig/ Campbell /Porter Streets to contribute to the funds necessary to improve said areas; and WHEREAS, it is necessary for budgeting and accounting purposes that a special fund be established for said contributions from developers and /or applicants for building permits; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT ANGELES as follows: Section 1. There is hereby created the "Craig /Campbell /Porter Streets Improvement Fund." Section 2. All funds received from persons developing within the area served by said areas, which funds may be required as conditions of plat approvals, annexation approvals, building permit approvals, or through other legal means, shall be placed into this fund. Section 3. All monies placed into this fund shall be used solely and exclusively for payment of a portion of the total cost of construc- tion of those improvements to said areas deemed necessary by the Department of Public Works of the City of Port Angeles. Section 4. Should, for any reason, the subject street areas not be improved by the City of Port Angeles within a period of seven (7) years from the date of this Ordinance, all monies received by the City of Port Angeles and deposited in this fund shall be returned to the depositors thereof, with accrued interest, less a reasonable management charge. • • Section 5. This ordinance shall take effect as required by law. PASSED by the City Council of the City of Port Angeles at a regular meeting of the Council held on the .44,44 day of Q%, , 1981. ATTEST:,, Marian.C. Parrish;- City Clerk APPROVED AS TO FORM: Craig Miller, City Attorney PUBLISHED: gyee .14%,927 9-P-- V'(/-i Z MAYOR P/Zo 7 f