The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-02-11
PROPOSED AMENDMENTS.

alter date and shall be subject call by the
CITY treasurer, in such manner and amounts as he
nav have cash hand to pay the same in the
respective local improvement fund from which
such bonds are payao ana snall oar intersS' ~
ordinance determine; provided, that IN no case
shah such bonds bear higher rate OF interest than
nine per cent per aunum; said interest shall be
payable semi-annualy at the office of the city
treasurer such bonds shall be sold after thirty days
pupIi notice thereof given, to the highest bidder
therefor but in no shall such bonds be sold for
less than par and the proceeds shall be applied in
payment of such improvement; provided. that
when the mode Of payment by bonds has been
determined upon the improvement shall not be be-
gun until the bonds shall have been negotiated
and all funds raised in each Improvement dlstrictf
as well as funds borrowed therefor, shall be paid
into a fund for such district 70 be called Local I'm
provement Fund District no. = OF seattle. ana
the holder or holders OF such bonds shall look only
to such fund for the paymen. o. either the princ
Resolved that section - OF article VIII. of the
freeholders charter be amended so as to read as
sec 49, Any funds remaining in the treasury.
belonging to the fund of any local Improvement
district after the payment of the whole cost and
exuense of such Improvement in excess of the to-
tai sum required defray all the expenditures by
the city on account thereof, shall be refunded on
demand. to the person or persons who have over
paid the same, to the amount of such over pay
ment: and il there shall he such an excess the
sessment of any person who shall not have paid
his assessment rebate shall. on demand, be al
lowed to such person TO the amount OF such over
assessment: provided. sucn demand herein above
provided for be made within two years from the
date upon which the assessment for such local inn
ing in the treasury after the expiration of two
from the date aforesaid, for which no demand
has been made as herein provided, belonging to
any local Improvement district after the payment
of the whole cost and expense of such improve
ment shall be transferred TO the fund of the earliest
formed district the cost for the work of which has
not been paid.
holders charter be amended by adding section
thereto to be section twenty-nne. TO read foows
Sec. 49, Subdivision LIB fore any contract for
the doing of any work labor, furnishing any
SKILL labor or material TO for the city of seattle
shall be valid or binding against said city. the CON
tractor shall enter into joint and several bond
with the city of Seattle for the of said city and
also for the une of all persons who may perform or
cause to be performed any work or labor, or fur
nish or cause furnished any skill. labor mar
teria in the execution OF snch contract conditioned
to perform the contract according to its terms
ditions and stipuatoDs and 10 pay as they become
due all just claims for all work and labor so per-
formed and all skill or labor and material 50 fur
nished in the execution of such contract, and to
comply with sill the requirements of the charter
and ordinances of said city and the amendments
thereto. which bond shall be in amount fixed by
the board OF public works, but not less than fifty
per cent more than the contract price agreed to be
paid for the performance of such contract, and shall
be duly signed by such contractor and two
more good and sufficient sureties. and after being
approved herein provided shall be filed in the
Office of the city comptroller OF Seattle.
Subdivision =. The suretfes on such bond shall
each justify as bail upon arrest;
More than two sureties may be accepted on such
bond and they may justify in separate and different
sums less than the sum specified in such bond;
provided that the aggregate of their justification
Shall be equal to two sureties justifying in double
the amount of the bond in the manner herein pro-
vided.
subdivision 8. 1t shall be the duty of the cor
poraion counsel Of said city to that such bond
is fully and properly executed and conforms in ell
respects to the provisions of this section; and
thereupon shall indorse on said bond his approval
of the form thereof such bond and the suretes
thereon shall be subject to approval by the mayor
and comptroller. but they shall not approve any
such bond unless the said corporation cornseps APP
prevail of the form thereof be Endorsed thereon
unless the sureties on such bond appear personally
before the mayor and comptroller If required, apd
~. anf linz R~ang
ability to become sureties on such bond; and it
shall be the duty of such mayor and comptroller to
reject any person. Notwithstanding his Justification
subscribed to the bond. If they shall deem such
person of insufficient ability otherwise unit TO
become a surety on such bona
subdivision 4. No contract with said city for the
doing of any public WORK shall hereafter be as
signed or transferred In any manner without mrs.
having Endorsed thereon the consent of the board
of public works and of the sureties on the con-
tractors bond. and no transfer or assignment
the liability of the sureties thereon, and
any assignment transfer, without such
consent and waiver inoorsed thereon, except
by operation of law, of any such contract shall
make the same null and void, as TO any further
performance thereof by the contractor or his as
signs without any act or the part of said city, and
the board of public works of said city shall at once
proceed to re-let such contract or said board may,
In its discretion proceed to complete the same
the agent and at the expense of such contractor
and his bondsmen. No assignment, transfer
abandonment surrender, either voluntary or
otherwise, of any contract with said city for the
doing of any work or labor or the furnishing any
any such contract, nor any extension OF time IN
which to complete any such contract shall ever
operate to release the sureties on the bond in
this act provided for; and no such assignment
transfer, abandonment, surrender, change or ex-
tension Of time shall ever be pleaded as a defense
10 any action upon such bond IN any court in this
state
city of Seattle may, whenever in their judgment
more of the sureties on such bonds have
become insolvent, or for any cause are no longer
TT and su Gent sureties. require any such con-
tractor to file new additional bond within ten
days after notice TO that effect; and thereupon
all work on such contract shall cease until such
additional bond shall be filed with the city comp
trolier of said city. and if any such contractor
shall fail for ten days after notice that effect
file new or additional bond. aforesaid, his con-
tract shall by that fact alone become fully ended
and void as to further performance thereof by such
contractor. And thereupOn said board of public
work shall proceed to relet such contract, or said
board may, in its discretion, proceed TO complete
the same as the agent and at the expense of such
contractor and his bondsmen.
Subdivision g. If any such contract shall for
any reason become ended or void and the board OF
public works shall comp etc the same, as in this
section provided, and the costs of so completing
such contract shall exceed the amount unpaid by
said city upon such contract at the time the same
shall become endel or void, in such case 1t shall
be the duty of the corporate N counsel of the city
of seattle TO at once commence an action In the
name of said city against such contractor and his
bondsmen for the recovery of the difference in
amount between the cost of completing such
contract and the amount unpaid by said city upon
such contract at the time the same became ended
void. The board of public works of the city of
Seattle are hereby prohibited from entering into
Of Y.har
alt ~ VIC " 1' va ~ ieoon -
se " S SOL -. i "a VII.
az p b 49, t, tst ~ a. ,oI p ~ 49,
nan =, Ia t 81 - ~ -, - f 49, "a g.. -
tt tii ~ a,,S 49, sr,it 100 % iU
az! $3.50 ~ 80 -, 80 w t,t 80. Iy
~, &c, IN 80 r o ~ i a. b
$3.50 -, -. ~ ~ -.
plete any such contract, except as herein author
70 - :, ,,r,'Irjs5a-'s - ~. esc,ie,, f'' " "'
Passed house OF delegates this Isl day OF Feb
AN"A'' ~eS-' r,-,sfla,, rIo,,Ss af D.i,-a,a,z
,,.s ,..-, 81 i5.,sc, 80 -. - - - ~
n'io Vi "AusIieH NiS - u9S 81 reo
fuhiS' 1875 pras,5or, rod :, - ti5I,,