The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-01-03

n.nr~ANcE No 4o5f-AN okDl-
ohp.-s aathoriZiag the mayor and cay
1880 10 issue local Improvement
80 - the Improvement OF Albert
49, fxfng the denomination OF such
fless-f rrsecrfh4ng the rate or interest
800 and authorizing tie city COMP
TO- "a negotiate said bonds and pay
tols.-.sss-fg OF the sale thereof into the
t7e disagreement fund OF local Inn
loea- 49, district No. 107 az the same
tfosts--,,ses for ~ ordinance No s.sst.
= - srno-oven1ent OF said street
- ss Ordinance No. 3.sss was duly
80 ~ the city council, and was. on
,ssssst iav o. august. is.5, duly approv-
q - mayor. authorizing the I'M
e. - az Albert street, and providing
fets.st5 IMPROVEMENT should be paid
-. 80 s~erarce OF bonds against local
-e~eToent district No. 30. as provided
tIp.sys r~3Insnce No. S,ss4. and that said
sa-.--ert - made IN accordance with
rlylgs~,ssions OF ordinance No. 5.ss9. APP
g Mav sfh 1854, and the act OF the
fs.iafUre % the state OF washington,
- aAu act relating 10 intsFIl14 I'M
ttl.ss.--erfa IN cities authorizing the is-
49, srd collection Of bonds upon the
So benefited by local improvements,
- keclaring an emergency, apgroseo
fs1ss and now in force; and
s-.-ls~ess The board OF public works
49, 80 contract for the improvement
"a. sN street or the 29th cay or august,
go y /. Croft: and
> II Il necessary that local i'm
Ns-, bonds 81 said local improve
S,strfct be Issued and sold and the
s-s.ssels paid into SAID iocal imIroVernent
- FOR the prosecution OK tie work
g. 60 The assessment roll Of said
- lrrn-oveuaent district was duly pre-
- rrder the direction Of the city en-
-, al provided BY Law and the charter
e-dinanees OF the city. and said as
tssrf roll was delivered 20 the city
ssTssroller after due NOTICE was given 70
ssrsrerfv owners OF said local improve
- district. and said roll was by the
- council duly approved on the l4tn
az q Ociober, 1885. no directions oeing
go thereto by any property owner ana
1900. on the sd day OF October,
- 80 city council duly passed ordi-
- 40 So approving the assessment
- - E,raI Improvement district No. I07,
- assessing the amounts tnereot
s..,usf each parcel and lot Of land and
- hereof shown IN said roll. and pro-
ssf.g for the collection thereof and
wssreas. on the Path day OF Septem-
"a tae 9iy s s95poye aq by R tse mayor 05
s.-.ernber g. 1884 prescribing the form
- NODE OF the execution and issuance
n tsraf Improvement bonds. which are
!. y Issued for street Improvements in
1900 OF said act OF the legislature
- ordinance No. 3.349 as amended by
,-ssnsrce No $40. and the city charter
= suenGed and now IN force; and
uSsreas. The cost OF said improvement
4 - sura OF 81 IS. and the portion 10
t,rred "a the city for street crossings
ran leaving balance 20 be paid by
- AUDITING property owners. and which
- zen assessed upon the property bene-
49, 81 ssIf Iron. ovement, OF 81 .224 s.; and
Eh.reas There has been paid in by the
-~nsrfv owners, on the assessment
kr-a agsinst the Auditing property. the
ar o. tlg2 g. leaving a balance due on
.rSaunt Of said improvement 10 be
et,-ssd against the abutting property OF
gsrr. as the same appears from the
nsrafra-e issued by the city treasurer
a. SID with the city clerk. which cern-
go has been transmitted TO the city
ersnel ana contains the names or all the
r-rrfrrv owners who have redeemed their
r-5osriy and the description OF the prop
sriy 20 redeemed together with the ceTti-
sss.a % the city clerk that the proper
-,srs was mailed 20 each owner within
al iocal improvement district. notifying
az owners OF their right 70 redeem their
v8fUty from the entire assessment
shs-zed against II by virtue OF said ordi-
rssss No 39s3: now. therefore,
r. { ordained by the city Of Seattle as
vs-slon 1. That the mayor and city
esr,;rollsr b. and they are hereby au-
,h-1sd and directed to issue local i'm
rroTemsnt bonds upon the property IN
tl1isf within said local Improvement dls1
~ No. l07. not heretofore redeened
.um said assessment, as provided by law,
4 the aggregate amount OF ten hundred
ar'y-,wo and S7-ino (s1.0s2.S7l dollars.
So = Thar SAID boUIS SfiAfi DC iSSutu
hass-irs Of three. the denominations OF
rtirh shall be as follows: Two or SAID
hsnts shall BE- OF the denomination or
sye hsndled Cs5eN dollars etch. and one
81 ali bonds shall he OF the denomination
a Ex.v.tuo ara 1900 $50 Sd dollars.
Ser q That the form and mode Of the
srerudon Of said bonds shall be as pre-
rHheA by ordinance No. 3,52c. approved
seiemhcr csth tSa4
Ser 4 That said bonds shall be paya-
Ne N ten equal annual installments, with
Interest AZ the rate OF eight per cent,
f1yah'e annually on all unpaid Install
msuts In the manner 10 be set forth on
ne face of said bonds and from the pro-
tssfs ~ the special ieyies which shall
= made each year. said bonds shall be
pad ard the property I'm said district re,
sEainsf Il. All property included IN said
ilrsl Improvement district No. 107, eN-
csr such as has been redeemed by the
payment OF the assessment thereon prior
2 the issuance Of said bonds. shall be
nshle FOR the special assessments TO he
lsyisd each year for the payment of the
issisliments and interest on said bonds.
So 3 That said bonds shall be nego-
tsio8 and sold by the city comptroller
a. Dot less than par. and when so sold
fhe proceeds thereof shall be paid into
fAe local Improvement fund OF local inn
pavement district No I07.
Sec & This ordinance shall take effect
tnt - IN fore from and after its pass
are and approval. II approved by the
naror, otherwise 10 shall take effect at
ne tine n shall become a law under the
p-2visons ~ the city charter.
fassst the board - aldermen the soth
elf - Decemhe-. 1SgS and signed by me
= epen session IN authenticatton OF It's
paslgs this S0th day 81 December, 1855.
T NJ DAULTON.
President Of Board Of Aldermen.
Fused the house az delegates the 18TH
~ % December 1885 and signed by me
= cnen session IN Authorization OF its
fassage this soth day Of December, 1875.
7 r. CREIGHTON.
Pres mt OF House OF Delegates.
Approved by ne this % dav OF January,
~ BYRON PHELPS. Mayor.
Fs' BY me this "a day OF January
- r p STEWART, City Clerk.
Published January 5. 1926