The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-02-27


THOs. NAvIN.
President pro tenn Of the City Council.
,sd ai'ed by NE this vi tfh day Of January
city Comptroller and En- ofiicio City
Date q first publication January %. 1895
Asnea9n1eHt No. IA resolution ana
proposition TO amend Sec. Is Of Article
submission Of such proposed amendmen,
TO the qualified voters OF the city at the
next general election.
BE it resolved BY the City Council Of the
Thai Sec. 70 Of Article VIII. OF the City
Charter r. Of fe the CIV % Seattle be amended
Sec. Is. Subdivision L The. none Of
payment by bonds shah be as follows: Az
ter the city council has by ordinance or
dered or authorized the. Improvement. and
not more than twenty days after the con-
tract therefor has been let estimate
and roll shall be made and returned and
corrections be made therein and notice
given prescribed IN section Il of this
ticle governing local improvements made
the cost and expense Of such Improvement
shall be charged against the lots and par
GELS Of land IN the local Improvement dis
trict 70 be created by the ordinance au-
fhorizing the Improvement. In the method
prescribed by sections II and IL OF this ar
tieie, Contracts shall Pc made and assess
ments levied and collected IN the same
manner as Is provided in this article for
the levying and collection of assessments
where payment is provided TO be made by
the mode of immediate payment. except as
otherwise provided herein.
ordinance provide that the entire cost and
expense or Sacl improvement shall be paid
% ponds OF the local Improvement district
created Tor ssaid Improvement 10 be Issued
10 the contractor, or b. the proceeds OF
such bonds. TO be issued and sold as here
matter provided. Such bonds shall by their
70 be fixed BY the city council In such or
dinance, and shall bear such interest AZ
may be provided in such ordinance. not ex-
ceeding nine per centum per annum. which
interest shall be payable annually, and
terest coupons for the several annual in
terest payments. Such bonds shall be In
such denominations as shall be provided
In the ordinance ordering their Issue and
shall be numbered from one upwards con-
secuiiveIy. and each BOND and coupon SHAH
the city comptroller and each bond shall
have the seal OF the city affixed thereto
and shall refer to the Improvement 20 pay
the ordinance ordering the same. and shall
provide that the principal sum named
therein. and the interest thereon. shall be
payable out Of the local improvement fund
created for the payment Of the cost and
EXPENSE 81 such Improvement and not 9TH
erwise such bonds shall not be Issued In
any amount I'm excess OF the contract price
OF such Improvement.
Subdivision 3 The bonds issued under
the provisions hereof may be issued to the
contractor constructing the Improvement
in payment thereof or the ordinance d.
recttng the issue OF such bonds may pro-
vide that tie same may be sold by the city
comptroller at not less than their par val
ue net. and that the proceeds thereof
shall be applied in payment OF the cost and
expense of the Improvement. but In case
or sale OF the bonds as herein provided.
the contractor for such Improvement saall
not perform any work thereon until such
sale has 2een made and the proceeds there
Of paid into the city treasury.
SUBDIVISION 4. In All cases where the
city shall issue bonds IS provided herein
70 pay the cost and expense Of any local
snail be assessed against the lots and par
GELS of land WHEN under the provisions OF
law and the charter Of the city shall be
liable therefor; bur the ordinance levying
such assessmen; shall declare that the Susn
charEed thereby against each OF such lots
and parcels of land shall be paid in equal
annual t1~tallments the number Of which
lnslasiEe MS shall be equal 10 the number
or years winch the honds issued 10 pay
cst upon vac Whole sum 50 charged nj
rate 10 be fixed by said ordinance. which
shail be one per centum higher than the
annual rate Or interest Wh!rn the bonds
20 be issued tn paymen. Of thu cost and
expense Of the mprorement are 70 Dear;
led upon such lots and parcels OF land one
u sacn lnstallmen;S 81 the whole sum
charged against the same, and such in
due thereon and on all Install
mems thereafter 20 become due. shall
as shan be provided by law and .ne char
ter nd ORD names OF tire city for the levy
ana collection OF assessme for such I'M
issued
''Su9dvision :, The owner o. any lot or
parcel OF land charged with any such as
ses>nen;s may redeem The same from all
liability for the cost and expense OF such
!mprot euent BY paying me entir. assese-
land. without interest, within thirty DAYS
after notice 10 him Of SUCH ssssssTneut ard
the amount thereof. and the city comp
'roler snail: as soon after the amount
charged against each lot or parcel OF land
- determined a. il practicable. mall 70 the
owner OF each lot or parcel OF land. a.
shown BY the assessment roll made for lew
wing the cost and expense OF such In
provement. written or printed notice OF
each assessment and the amount charged
therein against such lot or parcel OF land.
Such notice shall be addressed 10 such
herein provided fn~ -haII rot be ,.sn@s
prior 20 TIE expiration o: The thirty DAYS
above mentioned, aAt NAV Re sued al a1y
time thereafter. Iae owner OF any such
LOT ar parcel ~ Land may redeem the same
frcn al la bli!,y for the cost and expense
OF such Improvement a. any time after the
Issuance Of he bonds By paving the entire
assessment ce3rSed against sGch lot or
parcel rem aiming nnpa.1 AZ ne tine OF
rate provided IN the ordinance lsvvirg inc
assessment 70 ne cay = payment and
lher Interest on al ias;aliments thereafter
70 nature a the Tatc - 0ae ser xeuk "a
Der AnEGG1 Tor E&e respective periods IN
expired en- eaca ms s4lment. In al cases
w1ggs LlsI20nsDts % assessments not Yet
levied are paid as above provided wae:ner
before - after the Issuance o. TIE houds
tee 80 re- s4al os pasa 70 1ae city treas
ure= SAo SHAH receip- therefor ana an
sums a. paid sh23l Re applied ~o.e.y % TIE
PAS ueu, - such Improvements or tsp re-
dewatsou II tire bonds issued therefor
Y aers any r4efe o. property Aas been re-
81. ruEtU1eEt herein pTos .oe6 sucr
properly s1at net thereafter be Liable for
fI-the- special ass&sSTsr. &C. TIE ccs. ~
stcl sal 0EoN erEenf. except as otherwise IN
tALs charter provided No sui % set Asld.
f1s sA3d special assessment or 20 en so.cl ne
making q the sane saaQ ae brought. nor
$50 defense 20 f1e rst58sty thereof re a.
- ned atteT t&s ex1frassoa ~ tllrty davs
f~ao tar .t-Te tNe amount dee or ezrh OF
or Esscs II s~o3r3 AAHse FOR ascn a. se-~s
n1cCf IS a&restatre6 ard confirmed ~ ~.
co4ncIi Tas funds rA.s<d Is sQes ASasss~
zlent saAG - applies scseiy towards tee re.
6empt3en % said bends
SUBDIVISION a TIE ISSUANCE CO such