The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1913-11-18
pn0rnsrTfON 80 !

PROPOSITION NO !.
The question OF ratlfying certain
.ddl,lons t. tns ,,s serngssnsS''i IN
the Port District % the Port Of seal .
tie. as made and adopted IN and ~
Resolution No. isT of the Fort Com
mission as follows whit to ps
known as No. .. providing Tor NO &C :
qutrtus and development 81 LANDING
sites on Lake Union for tho srcom b
mediation Of shipping. and tha ntill-
nation u sites acquired ~ N.ne
County. a uni; 20 be known 80 20.
10. for tho acquiring and ds.slog
msnt of landing sites on lake WASH /.
inKton Tor tho Accommodation ~
shipping. and tho utilization OF Htos
acquired by King County. ana the
acquisition OF marginal wAfs tNf
and water transfer ana term ~
facilities on the shores el
washington and tho development o.
naviEabis channels with public lnnh .
ingH on the tributary waters of lAHs
Wilmington and a unit 20 be known
A.. Unit No II. providing for ferry
service with landings
vaahon Island and the mainland 70
the eastward.
PROPOSITION 40. :
The ourr,ior as 20 whether Port
C-ornmirnloners should receive adr-
uuats romprnaRtion Tor their ser
traa or should continue - SER"
without compensation the vot" on
this proposition TO he only ndvisotf
20 the next session of IN" reg '"'a'N''
PROPOSITION 40
The question Of authorizinE IN.
Port Commission % sala toT1 .o %.
Hundred and Fiftv thousand l'ollafs
and issue bonds therefor for the pur %
pose u completing the en-,
Waterfront improvement WnlHh W
proverneui 10 embraced ~ ny 80,
{ ~ the Comprehensive S'h'ho ~
harbor Improvement -,-,
said bonds shall be genera F"rla
bonds OF tho Port OF Seattle, IN sue Y
form as said Port Commisslon Hha
hrrnafter urcaCrihe ~ the dTuoWinh
- - one Thousand Dollars each.
numbered conHccutIvely from one 10
Three Hundred and Iiifr he"tln
interest at the rate Of i've per cent
uer nnuum payable semi hhuh ~
principal and interest payh pl" ~ X
rlrrn1 agency 81 the state OF WASH
inofor In tho city Of New York. 20
be dated as Issued and iHsued IN sue
amounts and at such times ne INC
Port Commission shall hereafter pre-
scribe , ,
70 ~ years. with average maturll"'
~ unfortunately 2GH years. all rs
snerificalv set forth IN Resolution
10 fsi Of the port Commission
Said bonds. principal and inteteHt
20 he pnid out ~ tho net income
from the improvement ana IN 90 e.,
the net income shall not be Hutfl
Gent for that purpose, the remain
der shall be payable OUT OF ~ -
tevind in aaid Port District The DC.
tails OF the method ~ creating and
anplvlnr said net income ana take
and Of creating proper ana sutn
Gent fund for tho payment or tn'
principal and interest ~ SAID bond'
a. tbev become due to be ms her"
ar,cr nroscribed by said Port Com
! r1tsston said $3.50 600 Of bonds q
It4kc the place 81 a Ike amount Of
! honda 10 ba selected as near ~ may
/ be ~ average maturitles) or th'
I - o00 600 bond issue for tho EaHl
( waterway Improvement No 2. ~,
|thortzcd by RESOLUTION no 1870 nnt
Iby vote ~ the people 1T the eIectl"r
\ ~ juno n. 1919. ana ~" nthoIlhhn,
/ ttnn Nv tho people ~ this $3.50 600 o'
i@.,te Ia net as n wIihdra wal by ~
] ne1pln ~ authority FOR a Ike amour
- aatd ~ 600. 900 bond issue, but r.
no respect 20 invnIidate or wlthdrHv
tauth0rlty NJ 20 tho remainder ~ Fpit
$4,000. 900 bond Issue,
PROPOsfTfON NO l.
The question. 81 authorizing IN
Port Communication Of sal vi Port ~
Seattle 20 borrow the sum OF ont
Hundred and Seventy five Thouah nj
DpllhrH and issue hogdH therefor 70
the purpose ~ extending tho Salmon
nav Improvement. which Improve
ment 10 embraced IN Unit No n
the prchcnalvo Scheme Of harhoI
said bonds shan be general scria
bonds 81 the Port OF Seattle. I'm sucl
terpa a. said PORT Commisaion shall