The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-01-30

paynsnt =. SUBDIVISION L The v..a.s7
ter the clfv D ~ti,S ss'all be as fol,o~ss
~. ga or authorized the innrnr~ln1ace
o. .nots IMAM twenty DAYS 80. rs
arS niSs stog has been let a.
correctioss 'a ~, Q. made and returnsS p.
Snei a prescribed IN secrin, - 1 -
t1nS,9 80 ea4slAs local ignprovener,s
NJ ".sucr me immediate pavrusn. ~
snail ~. 't s'1 expense OF such i,nnrrsse
80 o. SAsaised against the iofs ~
WIS OF iand IN the local frrn-vA d0e r
80 70 De created by the srss.s.
,,ras~rsls ne Improvement. In fss ~.
firls 49, ~ sections II and IL az nss
nSle: contracts snail be masa ~ ~ ~
.-silts ieViest and Collected y 40. Is -
l>a''ipF as Is provided in fhis 80.
s.is leVEing and collection ~ $50 81
tho ,nod sas 30 tnsnt Is provided 10 b 49,. s
otle Wise provided herein. eAszpe =
SOb1iSislcn = The .tfx ,n...,, ~
olalhance provide thar the ent,ra - sasa
- - VI sdea improvement shsu ~ ~
~ goaus OF me .ocai improvement -
.tS@seu Tor said Improvement - =. y 49, =.
70 Inc contractor. or hy ina ~ ~
ssuSu oohusr 10 be issued ana sniI - j
.italseT provided. Such bonds shsis ~ s,
~ NE pe made payable on or bsfor4 . ~.
20 De nAsd by the city couneil - ~ ~
oInanee, ana shall bear ss,sh - 49, -
my oe provided in such Ordinance ~
s1utHs niue per cen;um per annn. 49,
.i l..JisSt snail ee payable annuailx ~
tsrss oeila slaii have attached thesse r
tsIest coupons for the several ann,
. tertst Payments. Such honds shsM
1911 denominations as shall h. r-.ss
ia ,ne ordinance ordering Their ~ p.
sia. oe NUMBERED from one upwarls f.
secutlVely, and each bond and cuunss r.
ne signed ny tic MAYOR ana s',ss-l
sas S.ty comptroller, and each NJ -
Its.c tHe seal or the city affixeS sts.z]
81, siiaIl REFER 10 the improvement ~ ~
,bs o wairda tle same shan be issue6 r
.ne ordnance ordering the sam< NJ 8
LEotlue tnat the principal sIim ~.
theTsin. ana the interest thereon sS-TF2
paFaDie out of the local knproyesest e r.
1891 ior the payment OF the - r.
, expense or such Improvement ~ ~
erwiSe. Suca bonds shall not - isssss
any amount IN excess of the contr1cf ~
OF such Improvement =
subdivision 3. The bonds issues -.
tne provisions hereof may be issaed = nj
contractor constructing the imprupssss
IN payment thereof or the orif6assz r.!
recting the issue OF such boT.<e m.S -
Nlue tnat the same may be sold M ~ -
comptroller at not less than Their - SsI
ne. mel, and that the proceeds ik1SS3
shall be applied in payment Of fhs - NJ ys
expense OF the Improvement htt q -. 1.
OF a sale of the bonds as herein ne1riSsS
inc contractor for such improveusen, a6a5
not not perform per br. any work thereon u.di n
OF PAD INTO the city treasury.
subdivision 4. In all cases vhepa -
city shall issue bonds as provided -
TO pay the cost and expense Of mn -
Improvement the said cost ana czss5s.
shall be assessed against the lote "a r.
GELS OF land which under the pruyid1as
law and the charter OF the city oh1E
Hanle therefor: but the ordnance EgI
such assessment shall declare that IT,
charged thereby against zach az sucK r.
and parcels or land shall be paid n r.
annual instaIlTnSnSs. the number Of a
installment.s shall be equal to the nu6{
OF years which the bonds issued q r.
for the Improvement may run, With -
est upon the whole sum 50 charHo1 ri r
rate TO be fixed by said ordinance -
snail be one per centum higher thlns1
annual rate of interest which % "a
to be issued in payment Of the CO
expense of the improvement are r.
and each year thereafter there sh6]l II
led upon such lots and parcels q ~
OF such instaliments Of the whole T.
stailments, together with the mE~(
due thereon and on all -
mems thereafter to become duof
be levied and collected in the sslne 60
as shall be. provided by Law and = g.
ter and ordinances of the city to- II
and collection of assessments Tor ~
provements in cases where no ooo1
issued.
subdivision S. The owner Of amp IN
parcel of land charged with any to1A
sessments may redeem the saI1e M
liability for the cost and expenee & ~
Improvement by paying the enfiy4 ~
ment charged against such lot ~ yafc
land. without interest within t441
after notice to him OF such aaR9me
the amount thereof. and tho CIV
troller shall IS soon after tbe
charged against each lot or parcel Z
Is determined as s practicanle. IN
owner of each lot or parcel q T.
shown by the assessment roll ma4e
wing the cost and expense q
provement. Il written or printed
such assessment and the AmoQ1
therein against such lot or paIe4
Such notice shall be addreWe4
owner at the city OF Seatue
herein provided for shall n0e ~
prior to the expiration OF tho - 5l<
above mentioned. but may be
time thereafter. The owner a II
lot or parcel of-land may rcdee1 Il
from al liability for the co4 an
of such improvement at any H.
issuance of the bonds BY payM 3~
assessment charged against
parcel remaining unpaid . rs
such payment, with intere1 49,
rate provided in the ordsnebe1 ksy2y
assessment to the day q II
he shall also pay. In adoitS2! g.. + SSssSS
tf.er interest on all instaiu - ~ -
to mature at the rate OF ~ lyska x31'
per annun for the respecQNt N
expired on each installmenk y u
where installments OF ass vi .sxs1kS
~
before or after the issuance q
the same shall be paid 70 ~ i
urer. who shall receipt tne!St92.,s & IL
sums so paid shall be appieo
payment of such improves I
demption of the bonds - S5zf
Where any piece of properly ~
deemed from liability for IL SsSS4
Improvement as herein
property shall not thereaiter
further special assessment Ios
such announcement fxfep{ NJ
this charter provided NO emx
the said special assessment q 49,
making of the same SHAH g ID
any defense 20 the valtulty y -
lowed after the expiraucn % -
from the time the amount dee sz1
or piece of ground liable for 49, E2
ment is ascertained ana COM ..x
council. The funds raiser ~ &c. - =
ment shall be applied soieiy " rs =
demption of said bonds. = - =
"Subdivision 6. The issu110 e. -
bonds 10 the contractor. or - ~ -
OF shall operate TO trans!sI 49, r -
chaser or contractor or nons5s. ~ r. Il
the right and interest OF the 81
10 such assessment and tne = ~ ~ ,
created subject to the rlgnt Mm.s<S5S ii
herein provided, and snali 49, r. 81
holder or holders thereof e .@sS %
tor and collect or have cuiles ~ ~ 5S1 4
~ ba-ds NV or 'i1rough any * sstsst<zs-5 r. ~ kH
nroyided nv law for the cOl.s2.s -
ssesssrnenta for local Improve 1se2 37@7 :
tha f.ity shall fail. neglect Or nSH2 r r
said bonds or 10 promptly e~ = "a
said assessments when que. - (
owners Of any such Don1s ~ 80
his or their o%n name 20 49,
ssessrr1e Mt and foreelose the
any court Of competent ~ ~
shall recover. in add'Ifon ~ 49, - -
his or their bonds ana 1870 49, - I|
psr centunn thereof togefheT 49, ~
Of szIcf suit. Any numoeI Se.sSS21
such bonds for any ssngle