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HomeMy WebLinkAbout0634 ResolutionCITY OF PASCO, WASHINGTON f RESOLUTION NO. 634 A RESOLUTION of the City Council of the City of Pasco, Washington, declaring its intention to order the acquisition of land for and the con- struction of certain arterial street improvements within the City as provided in Ordinance No. 1131, paased by the City Council and approved by the Mayor on January 21, 1964 ; and to create a local improvement district to assess a part of the cost and expense of carrying out said arterial street im.provements!again' st the property specially benefited thereby; and notifying all persons who may desire to object to said im- provements to appear and present their objections at a meeting of the City Council to be held on March 2, 1965. WHEREAS, the City Council of the City of Pasco, Washington, by Ordinance No. 1131, passed by the City Council and approved by the Mayor on January 21 , 1964, provided for the acquisition of land for and the construction of certain arterial street improvements within the City and provided that the cost thereof be paid, first, from the proceeds received from the issuance and sale of not to exceed $800, 000.00 par value of "General Obligation Arterial Street Bonds 1964 , " (now designated "General Obligation Arterial Street' Bonds, 1965 , ") second, by the levy and collection of special assess- ments to cover a part of the cost of carrying out those improvements in a local improvement district to be thereafter created, including within its boundaries all of the property located within the City of Pasco receiving special benefits from the construction and installation of the improvements therein specified, and, third, by the use of moneys accumulated in the City "Arterial Street Reserve Fund"; and WHEREAS, at a special election held in the City of Pasco on March 10, 1964, in conjunction with the general city election held on the same date, the proposition authorizing the incurrence of a general indebtedness and the issuance of not to exceed $800,000.00 of "General Obligation Arterial Street Bonds, 1964, " (now designated "General Obligation Arterial Street Bonds, 1965") was duly approved by the qualified voters residing within the City and said bonds have been issued and sold; and WHEREAS, it is now deemed to be in the best interests of the City that said arterial street improvements be carried out and a local improvement district be created to assess a part of the cost and expense thereof, as. provided in said Ordinance No. 1131, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON, as follows: Section 1. It is the intention of the City Council of the City of Pasco, Washington, to acquire land for and construct certain arterial street improvements within the City in accordance with the provisions of Ordinance No. 1131, passed by the City Council and approved by the Mayor on the 21st day of January, 1964, such arterial 'street improvements to be constructed and installed in accordance with the plans and specifications therefor prepared by Gray & Osborne, consulting engineers to the City. Section 2. Not to exceed a total of $ j65 1 nnn nn , - of the cost and expense of said improvements shall be borne by and assessed against the property specially benefited by such improvements to be included in the local improvement district to be established embracing as near as may be all of the property specially benefited by such improvements. The balance of the cost and expense of carrying out such improvements shall be paid from the proceeds received from the issuance and sale of "General Obligation Arterial Street Bonds, 1965 ; " and from moneys in the City "Arterial Street Reserve Fund," if required. Section 3. All persons vho may desire to object to the improvements herein mentioned are hereby notified to appear and present such objections at a meeting of the City Council to be held in the Council Chambers in the City Hall, Pasco, Washington, at 8 o'clock p.m. (PST) on the 2nd day of March, 1965, which time and place are hereby fixed for -2- hearing all matters relating to said proposed improvements and all objections thereto, and for determining the method of payment of said improvements. Section 4. Gray & Osborne, consulting engineers to the City, are hereby directed to submit to the City Council,at a time prior to said date of hearing, all data and information required by law to be submitted. PASSED by the City Council of the City of Pasco, Washington, at a regular meeting thereof and APPROVED by the Mayor of the City this 2nd day of February, 1965. ATTEST: �j City Clerk FORM APPROVED: Cfty Attorney -3- Mayor