The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1913-11-26
pRoposIrIoN SO. !.

PROPOSITION NO. I.
The question % ratifyinx certain
additions TO tho compensatory
schsms % Harbor Improvement 10
the Port District OF the Port OF rrs,-
tie. as made and adopted N an. y,
,nission as follows. A unit to ba
known as No. ,. providing tor We a.
curing and development Of lantihx
sites on Lake Union for the accom- :
notation OF shippins. ana We 1t. ILL.,.
county. a unit TO be known a. no
10. for the acquiring and drvslop-
,1ssnt OF landing sites on Lake "san
ington for the accommodation :
shipping. and tho utilization o. h,.s
aesn,.it,on Of marginal way. for rail
and water transfer and t.fnhnal
facilities on tho shorea OF Ian
Washington and the development, ~
rayixzbts channels with public ,ana :
wsshinrson, and a unit 20 be known
AZ Urlt No. ~. providing Tor . tetty
service with landings
vashon Island and the mainland 70
the eastward.
PROPOSITION NO. :
The question as to whether Fort
Commissioners should receive acc
quats compensation for their srrv-
ices or should continue 10 serve
without compensation. the vote or
shf. prop0siffon 20 he only advisory
10 the newt session OF the legislature.
PROPOSITION NO
The question OF authortz.nx the
Port Commission 81 SAID soTrs s
Hundred and Fifty Thousand Dollars
snf i.x.l~ bonds therefor for the pur
pos~ OF completing the Central
Waterfront Improvement: wnicn IN
I 81 the Comprehensive Scheme OF
harbor Improvement
saff bonds shall be general serial
bonds OF the Port OF Seattle. W ~uch
| form as said Port Commission snail
hereafter pfescribe. OF the denc'n'na
nmr,heref cons.catfveiy from one 10
Three Hundred and FIFTY. hssrins
I intsrest al the rate % five per cent
per annunn. payable semi. annusl!y
principal and interest payae,s "
trgton n the city % New York. 90
80 a.ssi as issued and issued In such
mounts ana NJ such times as the
Port Commission shall hereafter pre-
scribe a.. -. a.,
| IN ~ years, with average ruaturltiss
~ apDroxfruatsly 3GiS years All as
| snerff;caliy set forth In Resolution
No fsf of the Port Commission.
Said bonds. principal and interest
Ito 30 paid out Of TIRE net income
from tie Improvement. and In case
tire net income shall not be sui'f-
ctent for that purpose. the remain
ssr .hati be payable out OF taxes
isyief In said Port District The de.
tails Of the method Of creating and
arpfytnx said net income and taxes
ana of creating n proper and suifl
cfent fund for the payment OF the
principal and interest OF SAID bond'
/ after prescribed by said Port Com
| mission. said s250.00O OF bonds q
| ,ate the place ~ Ike amount 81
/ bonds 90 be selected az near az mas
/ n. BY average mstasities1 OF this
I III roo 600 bond Issue for the Fast
/ Waterway Improvement No. ?. au.
/ thorized by Resolution NO. 100 and
/ - vofe of the people at the election
/ ~ fune II 1918. and me- authorize.
zion by the people ~ this sz50, 900 %
L t..us 10 act as a withdrawal by the
II nsonte Of authority for n like amount
/ ~ salf 81 900. 900 bond Issue. but ir
/ no respect TO invaiidate or withdraw
Il authority as 10 the remainder OF said
81 300 900 bond issue.
PROPOSITION NO. g.
The question OF authorizing tbs
7 port Commission Of said Port oi
I SEATTLE 10 borrow the sum OF one
I Hundred and Seventy-five Thousand
poltars and issue bonds therefor for
the purpose Of extending the Salmon
snent is embraced In Unit No. . oi
the Comprehensive Scheme of harbor
improvements.
aaid bonds shall he general seria'
bonds of the Port Of Seattle. in suct
form az said Port Commission shat