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HomeMy WebLinkAbout2416ORDINANCE NO. a4-1 ky AN ORDINANCE of the City of Port Angeles repealing the McDougal Street Improve- ment Fund and the Craig /Campbell /Porter Avenue Improvement Fund and Ordinances Nos. 2149 and 2175. WHEREAS, the McDougal Street Improvement Fund and the Craig /Campbell /Porter Avenue Improvement Fund were established in 1981 for the purpose of accumulating improvement funds for use within a seven -year period; and WHEREAS, some improvements have been made within the seven -year period and there are no further improvements that can be completed with available or anticipated funds before the expiration of the seven -year period; and WHEREAS, it is appropriate at this time to repeal the funds and not to require persons developing within the affected areas to contribute funds prior to obtaining building permits; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT ANGELES as follows: Section 1. Ordinances Nos. 2149 and 2175 are hereby repealed. Section 2. All monies received by the City of Port Angeles and deposited in the McDougal Street Improvement Fund and the Craig /Campbell /Porter Avenue improvement Fund that have not been used for improvements within said areas shall be returned to the depositors thereof, with accrued interest, less a reasonable management charge. - 1 - Section 3. This ordinance shall take effect as provided by law. PASSED by the City Council of the City of Port Angeles at a regular meeting of the Council held on the 4th day of November, 1986. ATTEST: MAYOR Sherri L. An•erson, City Cler APPROVED AS TO FORM: i / Craig D. Knutson, City Attorney PUBLISHED: � try -YYV Pcf t- I � I `77L - 2 -