The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-02-08
REsoLurIoN go pRoposEn

u y
proposition 10 amend Sec. Is OF Article
VII OF ne City Charter. and faE sle
submission OF such proposed 4menamens
70 me qualified voters OF The city at the
next general election.
CIBe II resolved BY the City Council OF the
Slty OF Seattle:
That See Is Of Article VII. of The CITY
Charter Of the City OF Seattle be amended
SO as 10 read as follows:
See Is Subdivision /. The mode %
payment by bonds shall be as follows: Az
ter the city council has by ordinance Or
dered or authorized the Improvement. and
not more than twenty days after tAe con-
tract therefor has been let. an estimate
and roll shall As made and returned and
corrections be made therein ami notice
given as prescribed In section = of this AZ
ticle governing local improvements made
under the immediate payment plan, and
the cost and expense of such Improvement
snaA pc charged against the lots and par
ceis 0. I2nd n the local improvement dis
trict 10 De- created by the ordinance au-
taorlZlng the Improvement. in the method
prescribed by sections Il and - OF this ar
Ccle. contracts shall BE made and assess
ulehts levied and collected in the same
manner as Is provided in this article for
tae leVylng and collection Of assessments
where payment is provided 10 be made ~
the mcde OF immediate payment. except as
otht rWiSe provided herein.
SUBDIVISION = The cltN council SaaN nv
ordinance provide that the entire cost and
expense or suca Improvement shall be paid
by bonds OF the local Improvement district
created for said Improvement 10 be issued
10 the contractor, or by the proGeeds or
such bonds. 10 be issued and sold here
matter provided. Such bonds shall by their
terms be made payable on or h5 fore A date
10 be fixed by the city council in such or
dinance. and shall bear such interest -
may De provided in such ordinance. not ex-
ceeding nine per centum per annum. walca
interest snail be payable annually. and
each bond snail have attached thereto III
terest coupons for the several annual IN
serest payments. Such bonds shall De IN
such denominations "a shall be provided
in the ordinance ordering their Issue and
snail De numbered from one upwards. con-
secutvely. and each bond and coupon shall
he signed by the mayor and atteSsed hv
the city comptroller, and each bond shall
have the seal of the city affixed thereto
and shall refer 10 the Improvement 10 pay
Tor which the same shall he issued and
the ordinance ordering the same. and shall
provide that the. principal sum named
therein. and the interest thereon. shall ne
payable out OF the local Improvement fund
created for the payment of the cost ana
EXPENSE OF such Improvement. and not 9th
erwiSe. Such bonds shall not be issued IN
any amount in excess Of the contract price
or such Improvement
Subdivision g. The bonds issued under
the provisions hereof may be issued TO the
contractor constructing the improvement
in payment thereof, or the ordinance d.
rectng the issue of such nonds may pro-
comptroller at not less than their par wall
ne. net. and that the proceeds thereof
sha'l be applied In payment OF the cost ana
expense or the Improvement. but IN case
OF a sale OF the bonds as herein provided.
the contractor for such Improvement shall
NOT perform any work thereon until such
sale has been made and the proceeds there
of paid into the city treasury.
Subdivision 4. In Nil cases where the
city shall issue bonds as provided herein
20 pay the cost and expense OF any local
Improvement the said cost and expense
shall be assessed against the lots ana par
GELS OF land hich under the provisions OF
law and the charter OF the city shall be
liable Therefore; but the ordinance levying
such assessment shall declare that TIE sum
charged thereby against each OF such los
and parcels of land shall be paid IN eqlai
annual installnents. the number OF which
instalments snail be equal to the number
of years which the bonds issued 10 pay
for the Improvement may run with inter-
est upon the whole sum so charged AT
rate 20 be fixed by said ordinance. which
snail be one per eentum higher IMAM ne
annual rate OF interest which the bonds
10 be issued In payment OF the cost ana
expense OF the IMPROVEMENT are 10 bsar.
and each year thereafter there shall ne lev
led upon such lots and parcels OF land one
uf such inslallments 81 the whole sum
charged against the same. and such In
due thereon and on ali Install
rreufs thereafter 20 become due shall
be levied and collected in the same manner
as shall be provided by law and sas char
ter and ordinances Of the city for the levy
and collection OF assessments for SUCH I'M
prcvements in cases where no Bonds are
issued.
subdivision s. The owner OF any lot or
parcel Of land charged with any such as
sessments may redeem the same from All
LA ability for the cost and expense of such
Improvement by paying the entire as-t'ss-
msnt charged against such lot or parcel OF
land. without interest within thirty days
after aoticcifo him OF such ass ssiiteai AID
the amount thereof and the city comp
trailer shah soon AFTER the amount
charged against each lot or parcel Of l@Ed
Is determined 9S - practicable. mas 10 tNe
owner OF each lot or parcel OF land. AZ
shown by the assessment roH made for lev
wing the cost and expense OF such I'M.
sersFa ted TO-
such assessment and the amount charged
therein against such lot or parcel OF land
Such notice shall D. addressed 20 sueh
owner al the city OF Seattle The bonds
herein provided for shall not be issued
prior 10 the expiration of the thirty DAYS
above mentioned. bat NAV he issued at any
time thereafter The owner Of any such
lot or parcel Of land may redeem the 5alne
fresn an liability for the cost and expo nse
OF such Improvement a. any tiiile after ine
issuance Of the bonds by paying ne ent're
assessment charged against sUch lot or
parcel remaining unpaid AZ the time OF
sl3rh payruent with interest thereon a. TIE
r. "a Ysro4tfea in the ordinance leEyiug ,he
assessment 70 the day Of payment end
he shalt also pay in addition thereto, t1F-
ther interest on all instruments thereafter
10 niatur. az the rate of ore PIT e*HtAfn
per annum for the respective PERIODS uH-
expired on each lnstailnent IN al cases
where insta lime ntg Gf dSEessfatits not YET
levied are paid as abc%e provided whether
before or after the issuance Of the bonds
tire same shall be paid to tne city treas,
sums 50 paid shail be applied eole,y 70 the
paynent OF such Improvements OF the re-
deiupfion OF the bonds issued therefor
Where any piece of property has been re-
deemed from liability for the cost u any
IMPROVEMENT aS herein provided. sich
rrspcrty snail not thereafter be- it2oae for
further special assessment for the cosl %
s4,rh IMPROVEMENT except IS ofnSFwisa ia
tbss charter provided No suit 20 SET aside
thA ssId special assessment or 20 fns1iN tue
making Of the same snail ne brought. nor
ANY defense To the Validity sHerFof Ds a.
towel AFTER the expiration Of thirty days
frofn the time the amount d4s Oh eaca 3sv
or niace II ground liable for such aAse-s-
fs,srst j. ssc. Ft&Ined ard confirm ~ the
scssnr0 The funds raised b. si.ca aseess-
y.s.-rt s1af h. applied soseiy towards the re-
eemptian Of said bonds.
..-.,t,ssxLsaan s Ire ISSUANCE ~ such
honda 10 tBa contractor. or fae sale teere-
a. @han operate 20 transfer e. she pur-
r.f.aear or contractor cr Heiaer thcrvaf al
.ra rfvst ard interest 8f fA~ gltY iM respect
- .sr59Eq assessment ami ~ Hen thereby
(r.sted aIbteef - tle riraf ~ redemption
s.erelu prov .Aad. and &aall authorize fae
holder Or holders thereof e. receive. sue
~ taa collect NRFa 1ti4 sEtff F1f p p ls9
- bonds bv or fsT1gge ans - fta usrf 9gssE
u-ayiaed by law for the collection % as
sss-T7essta for local 4EuPr1t aNls. aH3 If
tas etty shal fan negA*cf or refuse 20 pay
s4sH bonds or 70 pftUHtEf fJa4r-f SO or