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HomeMy WebLinkAbout0922 178 COMMISSIONERS' PROCEEDINGS~N JEFFERSON COUNTY, WASHINGTON TH'i: LEA-DI.....eo. --. - '-~~ - -;~ -. ~_.~_."._,---..--_..'-...~- _.____ . -..._- --,~,.~:"""':"':~~"'I-"-~ _~ ;;a_______-.~_:-_...~ - .- ..- . - . - -- - -, RESOLUTION ND. C -128 A RESOLUTION of the Board of County Commissioners of Jefferson County, Washington, Ii providing for the submission to the qualified electors of the county at a spe~ial electf,on to be held therein on November 7, 1950, of a propositi on aut.hori zing the issuance and . sale of general obligation bonds of the county in the Sl~ of $150,000 for the purpose ot providing funds to pay part of the cost of constructing a bridee to connect Indian and Marrowstone Islands to the mainland. WHEREAS the cost of operation of the ferry crossing PortL\ge Canal from the mainland to Indian Island has become prohi bi tive due to the increase in trllffi c; and in order to . alleviate said condition, it is deemed necessary and advisable and in the public interes~ that a bridge be constructed across said canal connecting the majnland with Indian and Marrowstone Islands; and WHEREAS this bOErd hereby declares that sui.d bbidge will become a pa%'t of the public highway s~st~m of the county and will connect wi~h existing county and state roads and highways within the county; and vmEREAS, in order to pay part of the cost of constructing said bridge, it is deemed necessary and advisahle that the county issue and sell its generul obligation bonds in the total principal sum of $150,000; and WHEREAS the Coneti tution and Laws of the State of 1iashington provide that the questioI; of whether oj. not said bonds may be issued for such purpose must be submitted to the qualified electors of the county for their ratification or rejection; NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Jefferson County, Washington, as follows: Section 1. It is hereby found and declared that the public safety welfare, conven~ ience a~ ne cessi ty require the county to construct a concrete and steei cantilever type;: bridge connecting Indian and Marrowstone Islands to the mainland at a point approximately 500 feet from the northwesterly end of Portage Canal, with suitable and necessary approaches thereto. It io hereby declared that such bridge, when constructed, will become a part of the public highway ststem of the county and, ,'lith said B!)proaches, will be connected wit~ existing roads of the state and county highway ststem. That for the purpo se of providing funds to pay part of the cost of constructing said.. bridge the county shall issue and sell its general obligation bonds in the sum of $150,000. The balance of the cost of the construction of said bridge and the ap!Jroa ches thereto shall be paid out of other funds which the county now has or may later have on hand and available: for such purposes. Said bonds shall bear interest at a rate of not to exceed 6% per annum, and shall mature serially in from 2 to not to exceed 15 years from date of issue in such amounts as will as nearly as practicable, together with the interest thereon, be met by equal annual tax levies for the payment of the principal and interest thereof. The principal and int~rest of said bonds shall be paid out of the annual levy of taxes within the tax millage permitted to counties without a vote of the people and out of such other road funds of the county : as may be vailable for such purpose. The exact date, form, terms and maturities of said bonds shall be as hereafter fixed by resolution of the board of county commissioners. Section 2. It is hereby found and declared that an emergency exists requiring the submission to the qualified electors of the county for their ratification or rejection .. at a special election to be held therein on November 7, 1950 of the proposition of whether or not the county shall issue and sell said bonds for the above descri bed purpose. The ,: Jefferson County Auditor, as ex officio supervisor of all county elections to be held in Jefferson County, is hereby requested to also find the existence of such emergency anel to call and conduct said special election to be held within the county on said date in con- junction with and at the same precincts and polling places within the county, and with thp same election officials for each precinct! as fixed for the county IInd stfl.te general election to be held on the same date, to subm t to the qualified electors of the county tohe propositi0n hereinafter set fortn. PfJOPOSITION Shall Jefferson County, Washington.. issue its general obligation serial bonds in the sum of not to exceed $150;000 for the pUl"'pODO of paying part of the cost of the construction of 11 bridge connecting Indian and Marrol'lstona Islands in said county wi th the maj,nihand at a point approximRtely 500 feet fl'om th9 north- westerly end of the Portage Canal, said bonds to bear interest at a rate of not to exceed 6% per annum, to muture in from 2 to not to exceed 15 years from dnte of issue, and to he payable out of county road funds, all as more specifically pr.ovided in Resolution No. C-126 of the Board of County Commissioners adopted Octoher 4, 1950? BONDS, YES BONDS, NO ?B ADOPTED by the Board of County Commissionerll of Jefferaon County, ~Tash1.ngt,on, thi s 6th day of October, 1950. . r.YALL AREY ~ha1rman of the BOArd or-crommiss1onars JAMES C YARR CommIssioner TOM MILROY ATTEST: HEI,EN JEAnS '!County Auditor and ax officio 'IClerk of the Board of County iiCommiseionore. #11##111#1 " i' I ~I ~ . M I I I 1