The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-02-11


ceeu5ng Bire pr esotsiaa per as1slaFIa. @AlE9
interest snail 5e payable aDa1assy. ara
each bond enzA nave attached thereto "a
terest coupons foF IRE ssgegaE annual In
:Sress payments. such bonds saaB - IN
facn denominations - at.A-l - proF11sd
In the ordinance ordering faeir seue ana
asan b Numbered from ene upwards. con
secgtiFeiy. and each bond and COUPON shasI
he signed - tie mayer and 2ffest~a ~
the city comptroller. ard each borG snail
nave the zeal Of the city affixed fINr-te
AMI shail refer 10 fae Improvement 20 pay
for w1sch the same email oe Issued AMI
f1s ordinance ordering the aSse. ard s1sil
provide that the. principal sum naassd
therein. and tire interest Tasreca. shail DC
payable out Of the local Improvement iuad
created for tire pzynlgus 81 the cost ana
expense o. saee improvement. ara TO- o. =
esSise. soc1 bonds snail uof sc issued n
any amount IN excess OF TIE contract pficV
OF silen IMPROVEMENT.
the pgovlsions hereof may 9e Issued 70 tae
contractor c0sasiFactIHg tas Improvement
in payment thereof ~ he ordinance d.
reri.rgg tba issue az suea n9ndz may pro-
vide that the same mas pe sofa - Etie cltB
comptroller At rot less Tran shef par va
shat be applied 10 payment y tae cost ahd
expense Of the improvement nat IN case
the contractor for sueu tinpros@tlsss, s-.ln
not perform any work sasrsun Until suen
sale has been made ard iae pFoceeaa there
OF paid into the city treasury.
''Sa0divislon f. In all cases wfieEe Iae
city shall issue bonds a. provide nffeln
10 pay the cost and expense 0f AAy local
Improvement he sala cos and expense
shall IL. ass.saed against the lots and par
GELS of land which under tae provisions %
law ard the eaarter OF the cstg shall be
liable therefor. but the ordinance teFSt1g
such assessment shall Gec!Sre thai ta@ sAA
charged thereby agsinSt sacn OF s}ich 1913
and parcels % land snail be paid II equal
annual iiistaliUfnts the number OF whiea
insf3iInents shali os equal - the nbnlpsr
OF years which the bonds issued ~ pay
for the Improve snent may run. with lnter-
ssi upon me ~p9s ss .in e 70 sea
shall be one per centuFa higher iAan the
annual rate q interest which Toe bonds
10 be issued II payment of TIE cost anu
expcnae 81 the Improvement afs 70 bear
and earn year thereafter there shah De sev-
Jed upon such lots and Parcels of land one
charged against the same and sich IN
sfaIIsnenta. together Hitb the inieresl
sneni. Thereafter to become due shall
lie levied aud collected SRI the aDe nlanier
as shall be provided by law and s4ie char
ter and ordinances 81 he city Tor tas ieFy
and collection Of aseesABsnts for suea i'm
provemcnts ia cases where no bonds are
''suaavisian 5. The owner OF any Tot or
parcel Of land charged with any sucA as.
sezsTnsnfs may redeem the same from al
liability for the cost ana expense Of suea
Improvement hs paying The entire aSsess-
rnenf charged against such Tot or parcel %
iang trtthnnt irs,.rest .vffhfu fAfrtV aavs
after notice 20 BIN 81 such ass sslne8t and
the amount taefeof and TIE city comp.
charged against each iof or parcel % iana
t. determined as IL Practicable. Il.iit U the
owner or s1cu .Ot o. BAEtti o. fdbo AZ
shown by the assessment roll made for lev
ytng the cost and expense OF Sach I'M
provement written Or pri"ieo notice Ok
such assessment AMI TIE appoint charged
thersia against such iot or parcel Of land
Such notice snaN hs addressed 70 suca
owner a, the city OF Seat,ls TIE bon3s
herein provided for shdii not he issue
prior to the expiration Of the thirty days
above meniioned. but NAV DC issis AZ any
time thereafter The owner OF any such
lot or parcel Of land NAV redeem the same
from All liability for the cost and expense
OF such Improvement al any time after the
issuance Of the bonds ~ paytn@ tBe cntlr.
assessment charged against zach lot or
parcel remaining unpaid ~ me TINE OF
such payment. with nteFest thereon AZ the
rate provided in the ordnance teVylnE ire
assessment! 10 the day g payment. and
he shall also pay. in addition tssreto FUR
Their Interest on all indictments thereafter
10 mature at The rate Of one PSF cenFtsn
per annun FOR the respective periods un~
exnlsed on each lnstalment. In al cases
where INSTALLING MIS- OF assessments not yet
levied are paid az above provided, whether
before or after the Issuance OF the bonds
tho same shall be paid 10 the city treas
urer who shall receipt therefor. and All
sums so paid STALL be applied solely 20 the
payment OF such improvements or TIE re-
dempsign or tia bonds lssliet therefor.
Where any piefe, o. pfopeftg mas been re-
Improvement herein provided. such
properly snail not thereafter Doe liable Tor
further special assessment for the eos. OF
ouch Improvement sScepf IA otherwise ia
this charter provided No suit 10 set aside
the ~aid special assessment or to euloln the
makfns az the same shall be hrosehr. nor
any ssssense 10 the validity thereof b.. al
lowed after the expiration 81 thirty days
from the time the amount aae on each lot
or piece OF ground fable for such 1SseSvs-
meuf Is asceFtalned and confirmed by the
council. This funds raised hy sueh assess-
nlent snail he applied solely toW ards the re-
demptian ct said bonds.
''Sulsaviaion d The issuance 81 such
bonds % the contractor. or the safe there
of shall operate 10 transfer to tnc uay-
chaser or contractor OF aaEder thereof all
the right and Interest ~ the city sn respect
10 such assessment AMI the lien thereby
created subject 10 the right - redemption
herein provided. ana shall authorize the
holder or holders thereof TO receive. sue
for ana collect or have collected sach bond
or handy hv or through anv OF me 1u.ff,.,tfz
praxfed by law for Jhe collection OF ax.
ses~meats Tor local Improvements ani. II
the city shalt fan neglect or refuse so pay
said hpnas or So promptly collect any of
fata Assessments when doe thv ewa.r o5.
owners Of Any steh SCR iE May hEOc+fa Ia
srssmcnt snd t9reei9re the lst ~ thereof IN
ans court nf competent jurisdiction ana
shall feeaveT. in addition - the amount 81
his or their h0nsis. ana interest thereon gXe
per gpafun thereof. tdEe heF with the costs
~ sacn Siiit Any namser az holders of
each homds for aay single smevoveus nt
owners og property upon WA.ea Cue aid
honas are Hen may ee Joined Is defeaa-
ants ~ AnN sflch sNtt @urh a9nfts shAl! -.
equal liens upon fne property far tAc a..
sssment represented ms such ba0As WIKI
teHt oaiv. however. II iae s~Vsra4 ases~~-
Nseuia made ane Hot tsiaeuifd gsesn against
The several lots ana Parcels ot laaa IN me
''sabHvlsiou 5 No holder ~ any such
bond ssaail have any claim whatever there
TO receive from tae citv h,s pToacr S6.rS
81 collie CtloisS made hV {as cttv e tre ~re-
Vial assessments lcviea fos tae gssu ,ent
er SHAH Is caFc gag noa-ists meet. b. con
nhed to the enforcement % seca ASSESS
plainly written printed oe enrr&,ta an
TIE face Of saca bend 50 issued.