The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-10-17
CFTY NOTICES.

NRDTNANCE NO. 2.394-AS oRDrNANCE
~ prov;diue for the issuance and sale Of bonds N
dollars iSa35ot for local improvement district
No 81 for the iiuproy eNoent OF Pearl street under
ordinance No !. ZT4. which Is TO be paid for by
the mode Of -paymeE. by bonds" IN der the pro-
VISIONS Of tae city charter
ment district 80 81 for the improvement of Pearl
street under ordinance No 2,24 L, has oeep con.
sdered oy the city council ater PROBE noucs sna
has been daily App ed, and tie Whole estimated
cast OF such Improvement, less Il. cost OF improve
ment OF street ercssings is the snia OF t@o nous
and three hundred and dfy dollars sZ.SoOl, ana
there are no amounts assessed in said s"ii against
lands OF the United 5 ates, state OF Wa.shihston,
state university, county OF King, city OF scans
or any school district and said Improvement Is 10
be paid 70 By the mode VI payment by bonus
now therefore,
BE il ordained by the city Of Seattle a. follows:
SECTION !. That there shall be issued n the nAIne
OF the city Of Seattle bonds of local improvement
district No 81. created ny orfiaDce No a l. for
the improve enc o. Pearl street, sggrezating the
principal sum Of Two Thousand three hunarea .,.a
fly collars 49,. $500. which bonds shall be IN the
form Dreseri bed herefor by ordinance o. Zooc:
shah be payable ten years after their date, ana
shall be TWEEN y-four In humber, twenty-ihree Tor
the pr uci pal sum Of one sundf, dollars tSloo).
each and one for e principal SUM OF my dollars
NAMED IN said ordinance No. 230S. and shall
comply with all the provisions Of said ordinance,
AM shall be issued In favor OF the person "ho
stall purchase the same hereinafter provided,
sucn person a. he may designate In writing 10
the city comptroller and shall bear Int rest az ,e
rate of nine per cent. per anpun, payable SEMI
annually al the Office of the city treasurer
sec J. As soon al practicable aiter the Akinx
effect Of this ordinance. the CITY comptroler sha
pub isb in the city official newspapers for tnrty
DAYS public notice of said opposed issue OF oonds.
stating therein that the same will 0e SOLO 70 the
highest bidder therefor at his Office on GATE
tn. Elm named (Which date shall not be less IMAM
thirty nor more than sixty days nom the cate Oh
such notice. and further stating therein that IN no
sha said bonds be sold Tor less Ia an par Az
the time and place named in such notie.a the city
comptroller, or hls deputy shall attend. accom-
panied by either the mayor, city treasurer or CITY
CLERK and shall In the presence OF one more of
SAID
bidder and the person who shall then and mere
bid the highest sum 10. ssia oonas s sha SAD
bonds be sold for less than pan. The purchaser
shall forthwith pay to the city treasurer Iis
amounrsof his bid, taking his receipt therefor ana
on filing such receipt with the city coHlproi.st:;
the comptroller shall procure the slgnaiurers 81
the proDer officers the said bonds. together with
the city SEAL and hall otherwise ill out ana COM
plete the same and deliver the same 10 me puf-
are sold
Ifthe purchaser, on request Of the comptroller
shall neglect refuse forthwith TO accept or pay
for said bonds the comp roller may naieo,a. .
rcotIer the same dsreg arding the bid OF sucn puf-
chaser, or may adjourn the sale In the manner
The city comptroller may IN his discretion adj
loara the sale IRON DAY TO cay nor n a proc
lamation al the time of each Adjournment OF the
time At which he sale will be held
The proceeds OF the sale OF ali such oonds snail
be paid into the local improvement fund, district
No 81. of seattle, created by said ordinance 20.
2.274.
sec 2 said bonds nre issued and sold In pursu
Of section nine (9l of Article eight tVlll) 0.
the city Charter amended and now in force ana
the ord nances of the city relating TO oonos ior
local improvements 1850,
sec !. This ordinance shall take effect and shall!
be In force and after It's passage and approval
II approved by the mayor: otherwise it shall take
effect AT the time 10 shall become Jaw under the
provisions OF the city charter.
Passed by the board of aldermen the 10Th Gay OF
octoDer, ss2, and signed by me In open Session,
in authorization of its passage this OH day OF
October 1892 p. 50 EENEi-
President Boar. Of Aldermen.
Passed by the house of delegates the Sd day OF
OCTOBER 1892. and signed by ME in open st sslon IN
authentcation OF Its passage this Ism day OF ocIo
Der, 1892. j. = kLOEBER
President House Of Delegates
Approved by this 18th day of OCTOBER.
1892. J. T. RONALD. Mayor.
Filed by me this 18TH day of October, 1897
GEORGE j. SLOVENIAN. City Clerk.
Published October II 1892