The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-02-13

corrections be made therein ana notice
given az prescribed IN section u Of sAis ar
ticle governing local improvements made
the COS. and expense OF s,en inproyeusn:
shall Dc charged against the lots and par
GELS Of land n the local Improvement ais
thorizins the Improvement IA The method
Prescribed by sections II and IL Of this ar
ileas; Gon n,s shall ss made and asses
manner as "a provided in this article FOR
the tevysng and collection OF assessments
the mode Of immediate paymens eaeeD s ~ ~
otherwise provided herein.
subdivision 2 The city council shall By
expense of such Improvement shall ~ paid
py bonds OF The local Improvement district
created for said Improvement TO BE- issued
such bonds. to be issued and sold as here
matter provided Such bonds shall by their
TO BE- sd y sas on 2, peh u asse
dnance. and shall bear such interest ~
may De provided in such ordinance. not en-
interest shall be payahi. annually. and
each bond shall have attached thereto in
terest coupons for the several annual in
:erest paymsnts. Such bonds shall be in
such denominations n shan be provided
IN the ordinance ordering their issue and
shall De numbered from one upwards con-
be signed BY the mayor and attessed by
the city comptroller. and each bond shah
nave nav .h me seal Of the city affixed thereto
for which the same shall be issued and
the ordinance ordering the same. and shah
therein. and the interest thereon. shall be
payable out OF the local Improvement fund
created for the payment OF the cost and
erwise. Such bonds shall not be issued In
any amount in excess OF the contract price
"subdlvision J. The bond. issued under
the provisions hereof may be issued to the
contractor constructing the Improvement
In payment thereof or the ordinance di-
Vide that the same may be sold by the city
comptroller at not less than their par vail
shall be applied in payment OF the cost and
OF a sale OF the bonds as herein provided,
not perform any ~ work FORK thereon Until such
sale has been made and the proceeds there
OF paid into the city treasury
Subdivision T. In all cases where the
city shall issue bonds as provided herein
TO pay the cost and expense OF any local
Improvement the said cost and expense
GELS OF land which under the provisions OF
law and the charter OF the, city shall be
liable therefor: but the ordnance isvyins vim!
charged thereby against each OF such lots
and parcels Of land shall be paid IN equal
annual instailmfnts the number OF Mnac zen
OF years which the bonds issued TO pay
for the Improvement may run. with inter-
rate 10 be fixed by said ordinance. which
shall be one per centum higher than the
annual rate, OF interest which the bonds
TO be issued In payment OF the cost ana
expense OF the Improvement are to bear;
and each year thereafter there shall be lew
led upon such lots and parcels OF q land one
stallmsnts together with ne interest
n men. hereafter an 10 oeeom. DUE ssS
be levied and collected In the same manner
as shall be provided by law and ...e char
and collection OF assessments for such I'm
issued.
parcel OF land charged with any such as
sessments may redeem the came from all
liability for the cost and expense Of such
Improvement by paying the entire assess
ment charged against such lot or parcel of
land. without Interest. within thirty days
the amour. thereof. and the city comp
troiler shall. as soon after the amount
charged against each lot or parcel OF land
owner Of each lot or parcel OF land. ~
shown by the assessment roll made for lev
ying the cost and expense OF. such i'm
such assessment and the amount charged
therein against such lot or parcel of land.
s saGn nHfs the Ss s 81 81 s the to bon
herein provided for shall not be issued
prior to the expiration OF the thirty days
time sGDss ,her e The owner Of any such
lot or parcel Of land may redeem the same
from all liability for the cost and expense
issuance of the bonds by paying the entire
assessment charged against such lot or
With nnPa al the ms o.
rate provided in the ordinance levying the
assessment to the day OF payment. and
Their interest on all insiallments thereafter
10 mature al the rate OF one per cent1m
per annum for the respective periods un-
expired on each installment. In all cases
where instalimsnts of assessments not yet
levied are paid as above provided, whether
nors or sba be psd to the ey
urer who shall receipt therefor and all
sums so paid shall be applied solely to the
demption Of the bonds issued therefor.
deemed from liability Tor the cost OF any
properly shall no, thereafter be liable for
further special assessment for the cost OF
such 1esP al 70 r.. ssds
making OF the same shall be brought. nor
lowed after the expiration OF tnirty days
from the time the amount due on each lot
piece OF ground liable Tor such assess
council The funds raised BY such assess
ment shall be applied solely tow wards the re-
Gemuttpn OF SAID DonO2.
'.suhaivlsicn s The Issuance o. such
bonds TO the contractor. or the sale there
of shall operate TO transfer 10 the pur-
chaser or contractor or noider thereof all
the right and interest OF the city In Respect
TO such assessment and the lien thereby
created subject TO the right of redemption
herein provided, and shall authorize the
holder or holders thereof to recSive. sue
Tor and collect or have collected such bend
or bonds, by or through any OF the methods
provided by law for the collection OF as
sessments for local improvements and II
the city shall fail. neglect or refuse 10 pay
said bonds or 70 promptly collect any OF
said assessments when due the owner or
owners Of any such bonds may proceed IN
his or their Own name to collect such as
sessment and fcrecIose the lien thereof in
any court Of competent jurisdiction. ana
shat! recover In addition TO the amount OF
his or their bonds. and interest thereon. five
per csniurl thereof. together with the costs
Of sucn suit AIRY number OF holders of
such bonds fer any single Improvement
mas JOIN ps8tHt4ES and any mum 1Er Of
owners 0s property upon which said
bonds are a iien may be joined as defend
ants IN any such suit Such bonds SHAH be
equal liens upon tae property for the
ssssnent represented By such bonds vita
O4t ,,tsGrliN 81 on. over another. 10 ITO ex-
tent only, however. OF the x9y@ral assess
mems Trac- ard not eGesfacd frern against