The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-03-16
LOCAL IMPROVEMENT BONDS.

House bill No. S. relating 70 internal i'm.
provemeuts In cities, and authorizing the 10.
suancs and collection Of bonds upon the prop.
erty benefited BY local Improvements, has been
approved b the governor. Il provides:
sscx1oxl That whenever the mayor and
council Of any city shail, under authority vested
In them By any Law OF this state ana the charter
of such city. cause any street, avenue or alley In
such city 70 b graded, curbed, guttefed. paved.
repaired or macadamised. or remacadamissds
Structed or make any other local Improvements,
the expense of which 10 ehargeablo to the abut-
ting. adjoining. conti9uous or approximate
property. they may, In their discretion. provide
Tor the payment OF the cost and expenses thereof
BY instsllmenss, instead of lovytng the entire
tax or special assesement for such costs Ct one
In the name Of such city, improvement bonds OF
the district. which shall include the adjoining,
contiguous and approximate property liable to
cording to the city charter, payable in Install.
ments OF equal amounts each year. none OF
which bonds, nor any OF the instaImsnts
bear intersst exceeding per cent per annum.
Such bonds may be issued 70 the contractor con.
stfucting the improvement in payment thereof
dinsnco Of said city, other authorised oficer or
ocsfs Of said city, may sell the same at not less
than theix par value, net, and pay the proceeds
thereof % the contractor. sucn o9n1. snsu no.
price OF the work or improvement, except that
the installment coupons shall INCLUDE the in
thereof The bonds shall b Of such denomina-
lions - the mayor and council shall deem
proper Where district bonds are tssued under
this act for improvements. the cost of which Is
by Law charged BY special assessment against
specific property, the mayor and council, or
other authorised of6cer, board or body, shall
levy special assessments each year sufficient to
redeem the tnstallments OF such bonds next
thereafter maturing, but In computing the
amount OF special assessment to be levied
against each piece Of property therefor,
per centum per annum from the date of the
issuance of said bonds until the maturity of the
tnstallment OF bonds next thereafter maturing.
erty chargeable for the cost of such improve
mentss respectively, and shall be levied ana
collected In the same manner a. may be pro-
such city. for the levy and collection Of special
assessments for such improvements where no
bonds are issued. except as otherwise provided
by this act, but the basis Of such assessment,
whether upon assessed valuation, frontage or
otherwise, liable for such costs. shall
be retained for tho assessment Of the
succeeding installments OF said honda The
any such special assessment may re.
deem his property from such liability by paying
the entire assessment chargeabie against his
property upon the city clerk mailing him q
written or printed notice. thirty days before
the issuance Of the bonds, or after the
issuance of the bonds by paying all the in
levied and also the amount OF unlevied install.
ments, with interest on the latter at the rate of
per centum per annum from the date of the
Of the last installmens In all cases where in-
stallments OF assessments not yet levied and
paid Is above provided. whether before or after
paid to the city treasurer. Who shall receipt
therefor. aud ell sums SO paid shall be applied
solely to the payment OF such improvements or
the redemption OF the bonds Issued therefor.
Where any piece Of property has been redeemed
from liability for the cost Of any improvement
. herein provided. such property shall not
for the cot Of snch imnroypmsn, excsnt ~
hereinafter provided. No suit 70 set aside the
said special assessment or to enjoin the making
the validity thereof be allowed after the expira.
ton OF thirty days from the time the amount
due on each lot or pieco OF ground Liable for
s sue sssessmens - sscsftalned ana confirmed oy
ment shall Be applied solely towards the redemp-
ton OF said bonds.
Sec. 2 such bonds. when issued to the con-
tractor constructing the improvement in pay.
ment therefor, or when sold a. above provided,
shall tr9hsfer to the contractor or other owner
or holder a.l the right and interest OF such city
and the lien thereby created against the prop
erty Of such owners assessed as shall not have
awaited themselves Of the provisions OF this act
his assigns and the owners and holders of said
bonds to receive, sue for and collect or have col
lectod every such assessment embraced In any
such bond by or through any OF the methods
BY law the collection oi assessments for local
Improvements. And II the city shall fail, me-
collect any Of such assessments when due. the
owner Of any such bonds may proceed in his
own name to collect such assessment and fore
jurisdiction, and shall recover in addition to
the amount Of such bonds and interest thereon
per centum. together with the costs OF such
Any single improvement may Join a. plaintiffs.
and any number OF owners OF the property on
which the same are . lien may be joined Is de-
PENDANTS in such suit And such bonds shall
be equal Items upon the property for the assess
ments represented by such bonds without pri.
ority OF one over another to the extent OF sew.
eral assessments against the several lots and
parcels of land.
sec. s That in all cases Of special assessment
TOR local Improvements OF any kind against any
property, persons or corporations whatsoever,
and said assessments have Jailed to be valid IN
whole or in part because tor want OF form, In
suficiency. informality or irregularity or non.
cOnfOrmance with the charter provisions gov.
other authorised board or body shall he and
they are hereby authorized to reassess such
special taxes or assessments, and to enforce
their collection In accordance with the pro-
visions of law existing at the time the reassess-
ment il made And it Is further provided that
whenever. for any cause, mistake or inadvert-
to pay the cost of the improvement made and
enjoyed by owners Of property in the local as
sessment district where the same is made, that
it shall be lawful and the city council or other
authorised board or body 10 hereby directed and
authorized to make reassessments on all the
property in said local assessment district
sufficient to pay for such improvement, such re-
assessment to be made and collected in ac-
cordance with the provisions OF the law or ordi-
nance existing at the time of its levy.
Sec. T. That nothing herein shall be construed
as repeating or modifying any existing man
ner and method for cities of the frat class
TO make improvements ~ herein provided Tor,
but shall be construed additional and con.
current power aud authority. Any city whose
charter provides for the issuance OF bonds for
local improvements, payable only from the
proceeds of special assessments. u hereby au.
thorized TO issue such bonds in the manner and
with the effect provided IN such charter. and
the holder OF any such bond shall look only to
the fund provided by such assessment for the
principal or interest of such bond.
Sec. s. The holder OF any bond Issued under
the authority OF this act shall have no claim
therefor against the city BY which the same il
issued. in any event, except from the collections
o. the special assessment made fot the improve
ment for which such bond was issued. but his
remedy, In case of no payment, shall be con-
fined to the enforcement Of such assessments.
copy of this section shall be plainly written.
tod San If IN hav