The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-07-02
CITY NOTICES.

ORDINANCE NO. 4as4-AN ORDINANCE
authorizing the mayor and city comp
troiler 70 Issue local improvement eenqs
FOR the improvement Of East Columbia
Street. under ordinance No. 1910. hxins
the denomination OF the bonds, prescrin-
ing the rate OF interest thereon, and au-
thorizng their delivery TO the contractor
constructing the improvement
Be II ordained by the City OF Seattle as
follows:
Section L. That the mayor and city
comptroller be and thew are hereby au-
thorixed and directed to issue local I'M
provement bonds upon the property m
Guided in local improvement district Ne.
III, created by ordinance No. 4os6, APPROX
ed January end. 1895. provided by. law
and the ordinances and city charter or the
city Of Seattle. to the aggregate amount ol
FIVE thousand. eight hundred twenty ana
3S-l00 ts5s2o.33l dollars.
Sec. 3 That the form and mode OF the
execution Of said bonds shall be as pre-
seribed by ordinance No. s52. entitled
An ordinance prescribing the form and
mode OF the execution OF local improve
ment bonds which are 10 be issued for
street improvements In pursuance OF an
act OF the legislature OF the State OF WASH
ington. approved March eth. 1898. entitled
An act relating to internal Improvements
In cities. authorizing the issuance and col
lection OF bonds upon the property bene-
flied by local improvements. and declar-
ing an emergency and OF ordinance No.
S34s OF the City Of Seattle and as amend
ed by ordinance No $40 Of said CITY," ap-
Sec. 8. That said bonds shall be issued
Is a series OF twelve 90. the denomina-
tons of which shall be as follows. eleven
I'D OF said bonds shall be Of the denomina-
ton OF five hundred (s510.00) dollars each,
and one OF said bonds shall be of the de-
nomination Of three hundred twenty and
G3-1c0 $3.50 e0l dollars.
Sec. L. That said bonds shall be payable
in ten equal annual installments, with In
terest at the rate OF nine CO. per cent.
payable annually on all unpaid INSTALL
Arfc +h.ay ~ b
face Of said bonds. and from the proceeds
OF the special levies which shall be made
each year. said bonds shall be paid and
the property In said district redeemed
from the assessment charged against IL.
All property included in SAID local i'm
provement district No. lit. except such as
has been redeemed bv the payment of the
assessment thereon prior to the issuance
OF said bonds. shall be liable for the spe-
cfal assessments 70 be levied each year
for the payment OF the installments and
interest on said bonds.
Sec. 5. That said bonds shall be issued
as herein provided and delivered 70 c. ].
Erickson, the contract for the improve
ment of said East Columbia street IN
payment thereof. the delivery OF said
bonds 20 he In such amounts and at such
times and subject to such conditions "a
provided by the contract entered into for
Sec. 6. This ordinance shall take effect
and be In force from and after its passage
and approval. II approved by the mayor;
VtHtt etSt StiAit NcNptlie a law az tho
time IL shall take effect under the proyi-
sions of the city charter.
Passed the City Council the % day OF
June. 1886 and signed by me in open ses-
sion in Authorization OF It's passage this
y day OF June 1896 r II HURD.
Acting President OF CITY Council
Approved by me this 1st day of July,
1855 w d WOOD Mays,r
Filed by me this Isl day, Of July, isss.
WILL II. PARRY
City Comptroller and Ex-Or.cio City
Clerk.
Published July g 1896