The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1891-03-27
CTR NOTICES.


CITY NOTICES.
ORDINANCE NO. l66l-AN ORDINANCE
~ authorizing he redemption OF warrants hereto
fore issued by the city Of seattle for work done
and materials furnished in the opening. grading
and general Improvement of the streets of said city
under ordinances creating special assessment dis
thereof.
BE IL ordained by the city of Seattle "a follows:
section l. That In lien and in redemption OF
lawful warrants, and Interest thereon. heretofore
issued by the city OF seattle for work done and ma
terals furnished In the improvement Of streets OF
said city IN the opening grading and general I'M
SPECIAL assessmen. districts. COUPON bonds. pay.
aple on or before Eve years from the date thereof
interest At the rate Of eight per cent. per annum
payable semi-annually, At the office OF the city
treasurer Of said city.
and unpaid warrants in said special assessment
district, bonds aforesaid shall be issued In de-
may be desired by the holders of outstanding war
rants provided. however, that the last bond to be
amount, not exceeding i've hundred dollars.
may equal the balance due on warrants In said
district and interest thereon for which warrants
and interest no bond has been issued
Sec. 3. Each II said bonds shall be design ated
each special assessment district bosds shall be is
sued and they shall be consecutively numbered
sha ssate 1bs oea and Ss aa
OF the ordinance under which the Improvement
was made Said bonds upon the face thereof shall
bear the following Language: This bond IS pay
able ont Il street Improvement funds. under
ordinance No. :. not otherwise appropriated; pro-
thereon the date of the maturity thereof shall be
paid by the city of Seattle out of It's general fund.-
which ordinance this bond is issued" Each of
said bonds shall have attached thereto the seal Of
sad city, and ten semannuai coupon interest
notes in due form of law: said bonds and interest
notes shall ne signed by the MAJOR and counter
ssned by the comptroller and treasurer OF said
Sec 4. In the redemption Of warrants. interest
thereon shall be computed to the date of the bond
to be taken in lieu thereof and the interest al such
date shall be added TO the principal OF said war
rants; both principal and interest TO form new
aforesaid
Sec. 5: Any or all of said bonds at any time, upon
days, in the official newspapers Of said city may be
redeemed or paid. The treasurer of saio city shall
cause calls 10 be published at such time times as
there may be sufficient funds credit of any spe-
cai street assessment district under the ordinance
plovidinS Tor the improvement Of such street with
which TO pay any bond on said street entitled BY
priority 10 payment, provided. however, that no
the credit OF . special street sssessmen. issirce
shall be more than Is necessary the payment OF
me interest notes due or 70 become psysbie within
SIX months on the outstanding bonds OF such dis.
trct said bonds shall be redeemed or paid in
their order beginning with bond number one. The
treasurer In issuing calls shall clearly describe
the penalty prescribed for the MISREPRESENTATION
within fifteen days from the first publication Of
the notice of "cal shall to bear interest from
tne expiration OF said fifteen days.
Sec 8. Any amount due and unpaid on any bonds
Issued under the provisions ofrhis ordinance at the
date Of the maturity thereof shall be paid BY the
city Of Seattle out of It's general fund
Sec z. 1t shall be the duty of the comptroller M
e o s cry o. MATTE upon the passage and approval
graved, coupon bonds IA due form OF law and in
accordance with the provisions Of this ordinance.
and at such time rs said bonds shall have been
lion Of tue CITY council Of said city, said comp
~ a
ohcial newspapers of said city, clearly stating the
object Of this ordinance and its principal pro-
warrants to present them az the ONCE Of said
comptroller and receive bonds in lieu thereof
city Of Seattle shall register in hook provided FOR
that purpose, each bond issued under the uro-
date. the number and the amount OF the bond and
tne name and the address of the person TO whom
numbers OF the warrants In whole or 4, aw, ol
deemed by the bond, and the date Of REDEMPTION
sad comptroller shall also cancel all warrants re-
deemed, oy cutting thereon with q steel sfamp the
word cancelled" He shall also stamp or wife
thereon the date Of cancellation and the number Of
which cancellation shall be signed by the comm,
troiier and by the city treasurer. An Warrants re-
the comptroller until such time as the hon.. ~ e.
sued in lieu thereof shall have been fully raid ana
satisfied, when they shall be turned over to the
city treasurer for filing and proper entry on MS
records OF said warrants and the safe keepinr
Sec. g. The city treasurer AZ the time council ~ n
nent Of any Of the bonds or Interest notet y,
;ached thereto issued under the provisions ~ 81.
ordinance. shall with a steel stamp cut mon tbs
bond or interest note paid, the word satisfied"
ana and, ne shall write on the boud the date Of pay
nlent over MS signature. Said treasurer shall aIso
In book kept for that purpose register All bonds
and the interest notes paid BY him. together with
name and address CT the person or person< 70
whom payment is made. and all bonds and Inter
over TO the comptroller TO be pronerlv rsco.tsS
and be placed on file and safely kept by him nntii
snsn June a. me cfscouncii may make other dis
Sec. 10 This ordinance shall take effect ana =.
IA torce from and after its passage, approval and
Passed board Of aldermen. February 20. 1891
President Board Of Aldermen.
faSsed mousse OF delegates. February 20, lseI
President House Of Deieeaie.
STATE OF WAsE1SsroS,l
CITY or SEATTLE, IS.
BOARD OF ALDERMEN
ms Is to certify, that the within bill, Houxe
oiil No 90, having been returned hy the mavor
ton 70 reconsider. two-thirds of the members OF
the board OF aldermen voted in the affirmative.
President Board Of Aldermen
STATE OF WAsHrSsroN.1
CITY OF SEATTLE. Sss.
HoCsE OF DELEGATES
bill No So having seen l res wnl ~ e House
wl.n ms disapprovsl thereof in writing upon mo-
ton 70 reconsider. two-,hirds Of the members Of
Dated. Seattle, March 9. 1891
R.w JONES
PRESIDENT House OF Delegates
Inc within bill (house Of delegates oil No 20,
having been returned by the mayor with hts wifi
ten ootection thereto to the house In which IL
originated, and IL having been passed by hoth
houses OF the city council by two-thirds wore of the
members OF each house voting In the Affirmative
,i nstsndiny the veto Of the mayor. is Ieby
me. THIS 10th day Of March, A. D. 1891 and re-
corded by me as one OF the laws or Ordinances Of
'ne ei'y VI Seattle. II. w. MILLER,
City Clerk.
TCINT RESOLUTION No. SIZE TT W.
- solved by the board Of aldermen and honxa
sembled: - sa -
That IL is the intention OF the city council Of
SAID city 10 Improve Rose street nom Madison To
its north end, and Duwamish street from Rose
street TO tue north end Of said I,,wamish s,reet
IN the city OF Seattle, by grading the same in as-
cordance With the established grade and 10 CON
struct sidewalks on each side OF the same
Inc estimated cost OF said Improvement IL
ser. thousand nine hundred t$7.s0ol dollars.
ana the cost OF said Improvement is to be assessed
against the property ahutting ON said streets pro
posed 10 be improved described above and
which said abntting property hereby declared tn
De the property benefited by said improvement.
Al persons owning any abutting properly as
o esi ey section seven IA, of article eight