The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1913-11-19

PROPOSITION NO !
The ausatlon % ratifying certain
sss.ms ~ narb sa' rmpr@Ssmsa, in
the Port piHtflc, 81 tho Port OF sea-
tie. as made and adopted in ana ~
Resolution No. is1 OF the fnt'
mission as follows unit 20
known "a No O. providing for the &C
nnirsnr ara snvsiopmsnt OF landing
site. on Lake Union for the accom-
mediation % shipping. ana INC uttat
ration Of sites acquired ~ RVS
County a unit 10 he known
10. for the acquiring ana
ment Of landing sites on Lake W ash
tnrson Tor the accommodation OF
shIppIrE. and the utilization % Htss
acquired by KinE county, anu VI
acquisition Of marginal ways tnt
and water transfer and tsrtainai
s,riit,I.s on the shores 81 LAX .
washington and the development 9'
naviEnh channels with pubic iahd
inga on the tributary waters % tasN
Washington. and untt 20 DC 49,.
as Unit No. T. pr ,,nSIns. TOT bs,wesn
Vhshon Island and the malnlaha 70
the eastward.
PROPOSITION NO. :.
The question as 10 whether Port
Cornrnfsstonsra should receive ace
quAfs compensation for tnclF -
fees or should continue 10 ser We
without compensation. the N,t. ~
this proposition TO be only afvlsoFf
10 tbs NEXT session ~ the Legislature
PROPOSITION 80 ,
THE question Of authorizing tho
Port Commission - said Fort OF
seattle 20 borrow tho sum 81 Infee
Hundred and Fifty Thousnnd pollarS
and issue bonds therefor tor tne put ,
pose - completing tho ~
Waterfront improvement, wnlcn N
provsrnent IL embraced In Unit no
4 OF the Comprehensive Scheno OF
harbor Improvement.
said bonds shall he general serlhl
bond. Of tho Port OF Seattle, IN suc
form aa sNid Port Commission shaIl
hereafter prescribe. OF the denonins
lion ~ one Thousand Dollars each,
numbered COnHecutiFely from 'hs "
Three Hundred and Fltty, beatihs
interest ~ tho rate ot Nv" pr -,
nor apnum. payable semi annual y.
nrinrIpat and Interest payable 81 ""
fiscal agency OF the state OF W ASH q
ingtor In the city - New YORK. to
10 dated as issued and iHsued IN sue n
amounts and at sueh times AZ W
Port Commission shai here"''''
scribe =, 49,,
"a ~ Years. with average matufltlss
Of UNFORTUNATELY 2sl1 years Az ~
specifically set fof,h cd 1n ,p 1i1 ''''
said bonds. principal ana interest,
90 80 raid out NJ tho net income
from the improvement. and In case
10 net Income shall not be ruffl-
Gent for that purpose. tho remain
der shall he payable out OF ths"H
levied In said Port District The dc /,
| taiia ~ the method 81 creating ana
anpivlnR said net income ana taxes
and Of creating prnp"r sra su,t
rlcnt fund for the payment Of the
lprturlpot and interest ~ said bonds
a. ,bev hecorne doc 30 be aa here
,ftrr prescrtbed by said Port Com
r,Ieslon Said $3.50. 0nO OF bonds 70
Lake tho place ~ Ike amount OF
| bonds 10 be selected NJ near as may
| be by average maturltieHl OF the
La 600 600 bond Issue Tor the East
| waterway Improvement No. 2. hu-
Ithorized hy Resolution No. 100 and
Inv vote 81 tho people ~ the election
/ ~ June II. 1913 and tho authorize e.
/ zion ~ tho people 81 this $3.50 600 On
Isatte to- act as withdrawal by tho
| peoute ~ authority for Ike amount
\ Of said 81 600 900 bond issue. but In
no respect 10 iuvatidate or withdrn "
authority an 20 the remainder OF said
90 900 600 bond Issue"
PROPOSITIONS NO 4
The question Of authorizing tho
port C0mmisrion ~ said Port Of
I seattle 20 borrow the sum of ono
/ hundred ana Seventy -fvc Thousand
I dollars and issue bonds therefor for
Inc purpose 81 extending tho salmon
paw Improvement. which improve
ncnt is embraced In Unit No 2 81
the Comprehensive scheme OF harbor
! improvement
3aid bonds shall be general serial
! bonds Of tho Port Of seattle. In such
Gsssa - .sIa Rept Commission shall