The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-02-22
PROPOSED AMENDMENTS.

ssea vucn ponds sns1 be called Local Improve
ment Bonds, District No. -, of the City of Seat
alter date ana shall be subiec, to annual cs by the
city treasurer. in such manner and amounts as he
may have cash on hand to pay the same In the
such bonds payable. and shall bear interest at
such q rate per annum as the city council shall by
ordinance determine; provided, that IN no case
shall such bonds bear higher rate OF interest than
nine per cent. per annum; said interest shall be
payable mi-annuay at the office of the city
treasurer Such bonds shall be sold aer thirty days
public notice thereof given to the highest bidder
therefor but in case shall such bonds be sold for
less than par. and the proceeds shall be applied in
payment Of such improvement: provided, that
determined upon the Improvement shall not be be-
gun until the bonds shall have been negotiated.
and all funds raised In each Improvement district,
as well as funds borrowed therefor shall be paid
into fund for such district be called Local I'm
provement Fund District No. - OF Seattle and
the holder or holders of such bonds shall look only
TO such fund for the payment of either the princi
pal or the interest OF said bonds.
Resolved that section -. of article VIII. Of the
freeholders charter be amended so as to read a.
Sec l3 ANY funds remaining In the treasury
belonging 70 the fund OF any local Improvement
expense Of sucA i'm provement in excess Of the to-
tai sum required to defray all the expenditures by
demand, TO the person or persons who have over
paid the same, to the amount Of such over pay
ment; and IL there shall be such excess in the
sessment of any person who shall not have paid
his assessment rebate shall. ON demand. be al
lowed 70 such person TO the amount Of such over
provided for be made within two years nom the
date upon which the assessment for such local inn
provement became due. Any such funds remain
Ing in the treasury amer the expiration Of years
from the date aforesaid, for which 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 10 the fund OF the earliest
formed district the cost for the work Of which has
not been paid.
holders charter be amended by adding q section
thereto to be section twentynnet to read follows:
O,.lx1 vafnp 20
the doing of any work labor, or furnishing any
skill labor 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
cause to be performed any work or labor or fur
nish cause furnished any skill, labor
to perform the contract according to its terms
ditions and stipuatons and to pay they become
due all just claims fol- all work and labor per-
formed. and all skill labor and material so FUR
nished in the execution of such contract, and TO
comply with all the requirements of the charter
and ordinances of said city and the amendments
thereto, which bond shall be in an 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
ore good and sSiciens sureties. and after being
approved as herein provided shall be filed in the
Office of the city comptroller OF Seattle.
Subdivision 2. The sureties 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 agsrega,e Of their justification
the amount of the bond in the manner herein pro-
vided.
Subdivision g. 1t shall be the duty Of the cor.
poraon counsel Of said city to that such bond
Is fully and properly executed and conforms in all
respects TO the provisions of this section; and
thereupon shall indorse on said bond his approval
of the form thereof. such bond and the suretles
thereon shalt be subject to approval by the mayor
and comptroller, but they shall not approve any
such bond unless the said corporation counsel's APP
proval of the form thereof be Endorsed thereon
unless the suretes on such bond appear personally
before the mayor and comptroller II required and
are by them examined touching their fitness and
ability to become sureties on such bond and 1t
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 unfit TO
subdivision 4 No contract with said city for the
doing OF any public WORK shall hereafter be as
having Endorsed thereon the consent of the board
of public works and Of the sureties on the con-
thereof shall in any wise affect such bond or
the liability OF the sureties thereon, and
consent and waiver indorsed thereon, except
by operation of law. of any such contract shall
performance thereof hV the contrsctor or his ss
signs without any act on the part of said city; and
proceed TO relet such contract said board may,
in its discretion, proceed TO complete the same AS
the agent and at the expense of such contractor
and his bondsmen. No assignment, transfer,
Abandonment or surrender, either voluntary or
otherwise, Of any contract with said city for the
work or labor, skill or material nor any change in
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
tension of time shall be pleaded q defense
TO any action upon such bond in any court in this
state.
subdivision g. The board OF public works Of the
city of Seattle may, whenever in their Judgment
one or more of the snreties on such bonds have
become insolvent, or for any no longer
TT and su Gent sureties. require any such con-
tractor to file new or additional bond within ten
days after notice 10 that effect; and thereupon
all work on such contract shall cease until such
additional bond shall be filed with the city comp
troller of said city, and If any such contractor
shall fail for days after notice TO that effect
file additional bond, aforesaid, his con-
tract shall by that fact alone become fully ended
and void TO further performance thereof by such
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 8. 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 ende or void, in such case it shall
be the duty of the corporate 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
any contract for the doing OF any WORK or labor or
/ the furnishing of any skill or material with
any person who, within two years prior thereto,
shall have made default in the payment of any
! Just claim for any work or labor performed or for
any skill material furnished pursuant TO any
such contract with such party, or with any person
VINO within two years prior thereto. sh ali have
assigned. abandoned, surrendered failed TO
Ylete any such contract, except herein author
bed or who shall have failed 10 comply with any
of the provisions of this section.
Passed house of delegates this list day OF Feb
| ruary, 1892. r. W. JONES.
| President House Of Delegates
| Passed board of aldermen this LIST day of Feb
| ruary, 1892. A. S. MILLER.
President Board of Aldermen.
| Approved by me this LIST day of February, 1892
| GEORGE W. HALL. Mayor
Filed by me this lst day Of February. 1892.
|