The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-02-04
CITY NOTTCES.

OF this ordinance, for the purposes in Sai5 80
/ expressed, and il the CITY council OF Sais =
snail, after such election. nv ordinance $50
such loan, and specify the object Of inch -
of Indebtedness, then and IN such case the saAa
and comptroller of said city shall bc an ~ i
| hereby are authorized 90 have lthogranbas ~
or nted bonds of said CITY 70 sad a-s Spled MI
hundred and forty thousand dollars eor ~ Al u
poses in said proposition set forth ia Sectione ~
this ordinance mentioned. such bonds shss =.
! styled ''Seaitle General Bonds OF lSa2 y shss a
! dated and payable, ana bear interest as IN ss.ss
Of this ordinance specified. shall De issued In ~
/ denomination or denominations, of not less -
one hundred nor more than one thousand 80
each, as the city council OF said city sbafI -ss
scribe and shai nave attached thereto eoauss. l
lof tne seNefi Sehll-annUal interest paymer.s
payable At She same place 40 which The bo6ss ~
oe pay&nte as specified Ia section Of this NJ
nance; ana TIE date OF their Issue shall 10 49,
l. 1882 Zach OF said bonds shall -
signed by the mayor. attested hy II
clerk and Countersgned by the conntr99ps,l J.
SAID city, and shall he sealed with fha -
OF said f.ty' the signatures OF said Officers shai
ID hographe,i i'm fac simile on each OF The CO. L
accompanying sail bonds: said bonds 81 .4yNeaai L
I numbered nsecutvely from No l upSari ~ N
the coupons of each bond shall BE- nnrsh n n
/ correspond with such bond; and said honis s,L l
De registered by the comptroller of said ctv H. =
aoos 70 ue kept for the purpose Of registration III
the bonds of said q ~.
sec. 3. such UondS. when so authorized :.
ready tor issue ~ aforesaid, shall he sold in "a
10 amer for such price, on such terms. 20 such ~
so2 OF persons, aud az such tine or times ~
either ali together or IN different blocks As tIes,
rare a1thoFit es OF said city shall deem Tor N
4 best iHtere {.
&C. 8. rue procseds Of al such bonds when N
ceived, SHALL be paid iato the treasury Of said N
/ 10 me credit OF tle General Fund and may N
! used for any strictly municipal purposes on 81
Guy, either general or specific for which the IA
council of said city may after the issuance and ~
OF sail bonds by ordinance ordinances deternhI
! 10 eNpend the same or any part thereof; aud ~
part or parts OF said proceeds NAV nj a nv fines
from time 10 time be transferred hy the direct II
Of SAID CITY council, from SAID general fund Ia ~
other iund OF SAID city applicable 10 strictly maaieJ
I Ipai purposes thereof
4 Sec. Z. There han be levied each year III
me city cotncl Of said city, its annual arI
levy a. tax upon ali the property in said city tai
able for the payment OF snch bonds as may ~
/ Issued IN pursuance ofthis ordinance suficeatI
TO pay the interest such bonds ~ tue samsI
sna!l accrue: and the amount of such tax, as coll
lected, shall be by The treasurer Of said an
credited 10 special fnnd for the payment n
interest on such bonds which Is hereby deSsl
mated the General Bonds of 1892 Interest Fund
and no part of which fund shall be diverted.
any other PurboSe than the payment OF sMI
interest And the faith and pro percy OF said cnsI
are hereby pledged for the annual levy and a
lee Ion ot such tax and the regular payment II
such interest.
sec. X At least seven years prior to the MAIN |
ity OF aid ouds, and thenceturward in each ~ l
ttl their maturity there shall be levied hy rhecfI
council OF said city. in its annual tax levy M
upon ali the property in said city tsxahle for =
payment of such bonds AS may by issued IN pprt
ance of his ord nance, sufficient to accumula
daring said series OF wears a fund equal TO a
principal SUM of all aid bonds then rema ming a
pa and not owned 10y said city; the sd
OF sncn lax. as col vcted shall he by the treas,r
oI SAID city credited 10 a ,pe. tai fund for theIw-
meat OF bonds. which Is hereby GesignssaI
the General Bones of 1892 sinking Fund" andsat
=
any other purpe'e than the paymentS N
/ such principal. And the faith and propestrE
o. aid city are hereby pledged for a
! levy al collection OF such tax and the payme'
4 ot the principal of such bonds az the mslur
/ thereof Bat such fund any sccumuatA1
/ thereof may be invested NJ any time or times ID
less Jhau six months prior the maturity Of IA
az reSad honds, in case the city council shall III
direct. IN any bonds issued in pursuance Of thhI
ordinance, 10 the extent only OF the face arnons
/ OF the principal of such bonds or in any inieretE
J bearing bonds of the United States of America n
I a. hers ~
curties in which its IN vestHnent may be authnriaf
by general law of this state: in which case aial
| tereSt or premiums that may be realized on Az
| such investment we'll the principal thereot
shall be credited TO such fund
/ Sec. 9. The treasurer of said city is hereA
authorized and directed to transmit semi annuaf
| after the Issue of any such bonds in pursuance
! this ordinance, between the LIST and 10th DAYS 4
September and March in each year, to the place n
! payment in the city of New York to be specihrl
IN such bonds as III section l of this ordinanol
provided, IN such manner as the mayor and iOn4
finance committee of said city may direct a sell
I heient portion OF the moneys in said "Genenl
I Bo5ds Of 1892 Interest Fund" 70 pay the Interest
/ then about 10 mature on such of sad bonds as NJ
holders thereof may desire to receive theirinten&N
on III The city OF New FORK.
Sec. 10. THIS ordinance shall take effect and II
IN 5orSs rom i ana a aes rs passage ana d, aPproya
/ Seattle this I'd day of February, 1892. III
/ President of the Board of Aldermen
| Passed by the House of Delegates of the city N
| Seattle this I'd day of February, 1892.
| President of the House Of Deesates u
! Approved by me this I'd day of February, lssats
| GEORGE W. HALL. 4
! Mayor of the city of SeattlA !
Filed in the Office OF the city clerk this "a daydt
/ February, 1892. II. W. MILLER |
Clerk of the city of seatfle
Published February 4, 1892.
| ORDINANCE NO. la7l-AN ORDINANCE
! ~ proposing TO the voters in the city OF SeafsI
| that the city of Seattle make certain sdditionsDI
the existing water-woTks owned and c)ntroedFI
said city, and that for the purpose of provdinga
| part for the necessary expenditure for such ads
| debtedness therefor by the issuance and sailed n
bonds of SAID city in the sum of two undIed al u
| five thousand dollars, and specifying and adopuzu
the proposed plan and details Of such additions al
declaring the estimated cost thereof as mg
be, aud providing for the holding OF an electlcna
which said voters may vote for Or against sal
proposition, and providing for the issuance and
sale of such bonds in three iifths of the votes
In said city voting at such election shall thereby
assent TO such issuance and sale thereof II
Be it ordained by the city of seattle as follows i
SECTION l. The mayor and city council or -
city OF seattle HEREBY propose 10 the voters m dI
| city. for their assent thereto and authcrizateI
thereof by the vote required for that purpose mh
the constlg uion and laws of this state he casaV
the election in section Of this ordinance provid#t
TO De held for that purpose that the city of seat
make certain additions as set forth and detaileG4
/ section of this ordinance. to the existing wa n
/ works owned and controlled by said city, and taU
for the purpose of providing IL part for the nect
sa-y expenditure for such additions said city baf
money and con -ract indebtedness therefor n
/ sum OF two hundred and five thousand dQlAf4
($2O5 ,00O): which bonds shall bear date on July
/ date both principal and interest PAYABLE In go ~
OF the United states of America OF the pfeseaj
standard OF weight and hneaess, at the office OF tas
treasurer of sait city Or al the option OF the hof
OF each such bond or each Interest coupon. at suh
bank or banking house i'm the city of New YORK q
the city council of said city shall after the autnz-
izatiOn of such bonds provided for ny this ORD |
nance, by ordinance designate and as shall y |
specified on the face W such bonds ana shal psss
interest, payable sefniannualiy the first day
January and the first day of July in each yer
during their term at the rate OF i've per cerI "
/ See 2 The plan and details of said proposed %
ditons 10 said water works of said city are heIeI
/ specified and adopted, aud the estimated cost
1 each principal item or portion thereof as near
may be- Is HEREBY declared, as follows, tewlt. ~
I for use at the Lake Wasnin t0n pumping sah9v
construct ana lay new suction inlet pipe and he+
purchase and lay new force main from the LAS
Washington pumping station 10 me main reses' ~
complete the pa chase OF the water-Norks and ~
tenn of the Lake Union Wafer Company as an aSr
ton the ter-works OF said city, erect an ahAF
AIRY pumping station 10 aid in supplying wafer on'
/ Queen Anne distri q OF said city and purcsss,,
| pay for and lay quantity OF pipe Tor dstrlDu.s
mains In sandry portions OF said CITY, hereloie'
ordered 10 contemplation of such purchase ang = z l
Gently arrived IN the harbor OF Seattle on boa =
Thomas DANA and the estimated cost OF eaeAs
said additions TO said water-works IS as follows, a
| Suction-inlet pipe ana well .......... 6,SO9@
New force main from Lake Washington oo ~
pumping station 20 main reservoir. 59VW
! Comp etlOu OF purchase OF wateF-works
Com sasifm OF Lake Union , "@ 1883
Pq 94e1 station io' queen anne aus gsss
/ Invoced price of pipe on board III
| Thomas DANA" for distributing ,.ke,
mans. .................s...--.''.--' o1aIlx
| Cost of laying pipe. -..............,.'''' -
| Total estimated cost of said additionssZSo'VV" .
And the plan HEREBY ossd of PROVO. ~ y y,
the necessary expenditure for said alaitoae ,s
| sand water WI FSs Is that said ely shSl US
! therefor in part by borrowing money ana Vhsss..
ing Indebtedness therefor by the issuance 49,
| of bonds OF said city ia the sum OF TWO huys
and five thousand dollars as proposed IA 500 ~
of this ordinance and shall provide lot aIen -
| the remainder. o-wit. twenty thoisshd oossssst
- LA nr...rn 81