The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-10-12

0RDINA NCE NO. 2,37S-AN ORDINANCE
~ providing for the issuance and sale of bonds
local Improvement district No So for the i'm.
provement OF irving avenue and Chestnut street.
by The mode Of payment by bonds under the pro-
visions Of the city charter.
ment district No 81, for the Improvement of Irv
ing avenue and Chestnut street under ordinance
No. 227S. has been considered by the city council,
after proper notice and has been dulv approved.
AMI the whole estimated cost of such improve
ment, less the Of Improvement street cross
ings is the sum of three thousand dollars (S3ODV),
and there amounts assessed in said roll
against lands OF the United states. state of Wash
ington. state university. county of King city Of
Seattle or any school district and said improve
ment is to be paid for by the mode VI payment by
BE it ordained BY the city OF Seattle as follows:
SECTION J. That there shall be issued in the
name OF the city o. seattle bonds OF local inn
No 2,27S. for the Improvement OF irving avenue
and Chestnut street assregating the principal
ordinance No. 2.s0s. shall be payable ten years
each for the principal sum of one hundred dollars
($lo0). They shall be executed by the officers
ply with all the provisions OF said ordinance and
shall be issued in favor OF the person who shall
such person he ay designate In writing to the
city comptroller. and shall bear interest IT the
annually at the Office of the city treasurer
Sec. 2. AS soon as practicable after the taking
effect OF this ordinance the city comptroller shall
publish in the city official newspapers for thirty
days public notice of said proposed issue Of bonds
stating therein that the same will he sold TO the
highest bidder therefor at his Office date
therein nsmei (Which date shall not be less than
thirty nor more than sixty days from the date Of
no case shall said bonds be sold for less than par
At the time and place named in such notice the
CITY comptroller or his deputy shall attend, &C
companied by either the mayor, city treasurer or
city clerk, and shall in the presence of
of said officers plbiicly o:Yer the same to the
highest bidder. al
and there bid the highest sum Tor said bonds
sh al be the purchaser: provided that in no case
shall said bonds ne sold for less than - nar Tbs
purchaser shall forthwith 10 the city treasurer
the amount of his bid taking his receipt therefor
and on Hing such receipt with the city comptroller
the comptroller shall procure the signatures of the
proper officers to the said bonds together with the
city seal, and shall otherwise fill out and complete
the same and deliver the same to the purchaser
bearing date the day on which the same sold.
II the purchaser: on request of the comptroller
shall neglect or refuse forthwith to accept pay
for aid bonds the comptroller may Immediately
reoffer the same d!sregaring the mid Of such pur-
ShaSer or may adponfn the sale In the manner
hereinafter provided.
Journ the sale from day 10 day for any cause
deemed by him sufficient. by making public proc
time ar Will h the viii be held
The proceeds of the sale % all such bonds shall
be pal! into the local Improvement fund district
2.27s >''''''' >''"'s y 'A'1 u "'''0 w.
Sec 3. Said bonds are issued and sold In pursu.
ance OF section nine (s). article eight (V!ii.) of
the city CHI arter. as amended and now In force and
the ordinances of the city relating onds for To-
Cal improvements.
sec /. This ordinance shall take effect and sh all
be in force from and after its passage and approx
ri If approved by the mayor Otherwise il shall tax
effect at the time 1t shall become law under the
provisions of the city charter.
Passed by the board of aldermen the 7th day of
October, 1892 and signed by me In open ses-
sion in Authorization OF It's passage this 7th day
Of October, 1892. J. p SWEENEY.
President Board OF Aldermen.
Passed by the house OF delegates the Sd day OF
October. 1892. AMI signed ny me in open session
in authorization Of its passage this IOth day of
October, 1891 ]. :. kLOEBER,
President House OF Delegates
Approved by ME this llth day of October, 1892.
J. l. RONALD, Mayor
Filed BY me this ilth day of October S92
GEORGE !. SlON EMAS City Clerk
Published october Il, 1892.