The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1888-07-20


Mr.. FnrSfl. The chairman III the casntri;.
Tee appointed al the last Meeting 20 devise
4 psnn for placing street ilnproselnent
script a. near per as possible. reported that
the COMMITTEES had met and carefully con
s!fered the question ard had decided that
the best plan woald be TO issue street i'm
progcHens bonds. lie stated that city Al.
loraey Gilman had drawn an ordinance
which was all right except thai Il provided
that the bonds should b numbered a. H.
sued and called IN IN regular order. ana
tia; The Interest should cease from the
date % the fsrxt publication 81 the notice
calling the bonds In. Mr.. Furfh thought
the time ought 20 be extended fer ~ least
10 days after The first publication a. many
81 the bonds would doubtless Dc taken In
the East. and Il would require several DAYS
time for she nestee Of the calling In uf the
bands t. r'ach ihr holders lie feared
that II stlah action were taken Il would
Affect The selling OF she bends.
sfsr ORDINANCE
Was thea real by csts Attorney siluaa
The giS. Of II Il na follows. TIE council
mar b. order provide for the grading Of
s'rcciS By Issuing belsds payable ont 81 the
respective speetai funds created b. sssess
men,s on the prosperity abntiine f,te streets
ac1efcd graded. sarh order SHALL specify
the number aud denomination of th,,
bonds. the rate af interest aud the time
they shall run. provided. however. tta,
the btasis slisii be subject b redemption
as sDsa a. there sssati b. sufficient usancs
ia tbs special fand 10 pay aay tart OF ali
Of TIE bonds. The interest shsli he paw
shir serHi annually. ferkonin< from tte
date of Issuance and there shall 0c
coupons attached for each sefnf-Rnural
payment. The h-atilis shah DC numbered
ronsrsusiyeiy In tae Order issued ~ each
special fund AMI they shaii be called Ia
aud paid IN the erser Issued They shall
nei sasas interest after the frat dAte 81 the
publication 81 The notice calling them In.
MhenSvgr sufficient treney ssail have ar
formulated ia any street Improvement
f2ad 20 paw Hfsx Of lhe fsanas OUTSTANDING
against such fund. Ii shah b. the aats 81
the c:fy treasurer - rsb;sxh notice n the
official paper calling them to- Nhenavsf
there : NOT susfieieai money in the special
fund IL ray tise Interest as II canses dne.
the council shall transfer sufficient funds
tran are general municipal fund receiv-
81 ffofa licenses % fseef tire interest. Tho
amount thus borrowed shalt ~ refasued q
the general faaa when sHflcicnt money
shsll have bern received in sAe special
faas
Consideration Of tAc ordinance was PIT
over until tae regular meeting his evening.
A pszkzyfSa aFrfJgaL
NJ Fnrth said ~ thought xasas change
ought 70 &c made ia com ,seussfiaa 81 she
street. commissioner. for he belscvssi thar Il
any city afzsecF hasi agrtnr fhr pstt two
Years Attended ssgsc ftuasiy - MS duties
thai man was street Commissioner Carr
ralnrs He had Te-xsd eessk DAYS aud
sanaaEs Rns No we'll founded complain;
bad ever been nAan against asns Mr.
faFfh meytsi that IN the ssrsisNaaer subsasi
+ tel a. the FAST tueFtsBz regulating fhp sal
aries ~ CTS gficesx The street t1sss ralssi1n
er's compensation ~ 6 ned ~ si-S 3 zsoath
f sasszs1 ~ $50 per siaY - hesesofsrs. f6s
rssstton - carried easuiineasiy sad tas
ordinance via r=sahahiF Dc passcs -