The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-02-09
CITY NOTICES.

chaser or contractor or holder thereof. all
the riga. and interest OF the city N respect
to such assessment and the len ihereoy
created subject 70 the right Of redemption
herein provided. and shall authorize the
holder or holders thereof 10 receive. sue
for and collect or have collected such bond
or bonds. by or through any OF the methods
provided by law for the collection OF as
sesSments for local improy ements, and. IL
the city shall fail. neglect or refuse TO pay
said bonds or 10 promptly collect any OF
said assessments when due. the owner or
owners of any such bonds may procsed IN
MS or their own name 10 collect such as
sessrnerr and foreciose the lien thereof n
any court OF competent jurisdiction. ana
shall recover. in addition 40 the amount OF
his or their bonds and interest thereon. i've
per centum thereof. together with the costs
OF such suit. Any number OF holders OF
such bonds for any single Improvement
may join psaintifrs. and any number OF
owners OF property upon which the sa!u
bonds are a lien may be Joined as defend
ants in any such suit. Such bonds shall be
equal liens upon the property for the as
sersment represented by such bonds. with
out priority OF one ever another. 10 tie ex-
tent only, however. OF the ssVeFaI assess
the several lots and parcels OF land in me
assessment district.
Subdivision !. No holder OF any saicn
bond shall have any claim whatever there
for against the city in any event. except
10 receive from the city MS proper share
OF collections made by the city OF the spe-
cial assessments levied for the payment
thereof. but the remedy of every such hold
er shall, in case of non-payment, be con-
fined 10 the enforcement Of SUCH assess
ment. A copy OF this subdivision shall be
plainly written. printed or engraved on
the face OF each bond so Issued.
Subdivision s The city treasurer shall
pay the interest on the bonds hereby au-
;horized to be issued out OF the respective
local Improvement funds upon which they
are payable, and shall whenever there
Shall be sufficient money in such funds call
In and pay therefrom the principal OF such
bonds or any of them. Said bonds shall be
called in and paid in numerical order.
Subdivision 3. Whenever the city has
heretofore issued bonds for the purpose OF
paying the coss and expense of local i'm
provements, or has sold such honds and
paid such cost and expense from the pro-
ceeds thereof. the city may. with the con-
sent Of the holders of such bonds. ex-
ehange for them bonds in the form pro-
vided herein.
subdivision 10. In case any assessment
has been heretofore levied 10 pay the cost
and expense of any local Improvement.
which is payable In instailments under the
ordinances OF the city. the same may be
paid and collected and the property
charged thereby may be redeemed from
liability thereon in the manner provided
herein"
Nua be II further resolved that the fore
going proposed amendment ne. and the
same Is hereby submitted 10 the qualified
voters OF the City of Seattle for their rat
itication or rejection at use next general
election. TO be held March sth. lssS.
Passed the city council the 4th day OF
Jannary lsss; and signed by me n open
this ith day OF January 1895.
THOS. NAvIN...
President Pro Tenn. Of the CITY Council.
Filed by me this 4'h day Of January nary 1888.
City Comptroller and Ex-offlclo City
Clerk.
Date of first publication. January %. 1925.