The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1913-02-21

A ufs1fi -rfoS ana THoroHtTto%
80 sfarra Aftirie TX - fho CITY 'haftaf
% lhe cItI ~ seattle - adains there, q
RES section 60 be hnaHn a. H. ti.n -
fsiaHnr Goo fhs ins~ss nasnt - citY funfs
ard satuifflnr such prHpaaen amend
f.srni Co the qualified electors - me city
81 the general wunielpal eioc'i'n 20 Be
nE III RESOLVED ny THE CRY
CoUNcIi. oF TttE CITY or SEAT
rh.f Article TX - ~ city Charter -
ans~adrd hY AddinH thereto a nsu section
60 ts knnun "a Section -. Nhich SHAH
fasd as follows
cash on hand belonging 20 the ciiy =
Seattle including frrnsifs in 90 With
banks exceeds such SUN ~ 10 reason thlF
aans~s ard obligations - ths city snd %
Iifs funds districts anh departments a.
they aefrus. ths CITY is authorized % o..
eaf temporarily the - GEES above o. ?
rrasanaHiY sufnrisnf sum Ia the valid
rifF lfiltty and general bonds and Waf
ranta - tho city. or ~ iia fnria drpaft
fs-nfa ar rneeiai assessfnrnf districts. 81
rat 60 sNrrfd par ana a eruHf Interest
aara hHrfa ur warrants may DO 80 IN
teefrd o. after thrr have been osefuied
rffher before 90 after ihny have bF.n
usant shall mot operate tn BAY cancel %
arnuG HnV bond 90 wafrnNf 90 lufeH rd
FRI. W Co impair us vaiihitf nui tho cry
.rrsr n s.ish bond ~ warrant
aurh caah may also Pc tnFrFf "a ln bnris
q the state - Washington. nr ~ fha
Counties cities 1T school districts of che
STATE ~ washlnstHn or IN ihe bonds -
the rutsd States Any hnria 1r VAR
rants 90 Invested On may o. sn'd Tor raah
90 not lees Than per ana accrued inter
49, IL accordance wtth laws ard nrdi
names providing Tor the ireaarra ur sale
~ bauda ard fhe proceeds shall % place
ia ihe city treasury
PROM su.h excess - each on hand real
prenerfe when cold according 90 Law Tor
f-.iraurnt special aHsrHsfne nfH. may -
t...rfHh asrt nnH fha city D. authorized Go
81 the rrst rcrson at said safe. uffe7ng
ID nay thn auuput due on each lot. tract
81 marcel ~ land ~ other property ual4
artnrdinn 90 the statute in such case pro.
sldrd The real property 80 acquired may
y. ssid fur cash ard the proceeds shall
- ntarra ln ibe city treasury IN order
titrf rurh rreraH - cash nn hand may Dc
--fed in bonds ~ warrants payable in
81 hole 90 ia part rom local llnp, 's 'fA M
sr4trt-fa or condemnation districts she
sss.ssed valuation of the property as
I -rrsrf fn pay Cor such imprHN cmruf or
c9ndenUatiau shall. Al the umc y 'h"
narrHaan hy tho city u such bonds ~
s-nffnsfa rnrrrA tho sum aHucFarn for
aurh Improvement or condemnation added
~ aii outstanding special assessments
levied against said property
f-vrrnf whore Inconsistent with statute
.u foterrsf or profit from any and al
stt-b Investments shall belong Go tho city
- a part 81 lta general fund. and such
E
-rn from such Investments
.rte amount % working capital IN the
/ fnrm ~ cash on hand reasonably necaa
sarv 10 meet all current expenses and
I.ftivatianu rhnti DO aHccrtainrd aud de-
te,.5-fred from time 70 time Ply city 1r-
elnanre The dutiea ~ making. man
arins and disposing ~ SAID inNoHtmehis
.t.ff Ia rrrfnrfped ty tho Finance Corn
rtfftre q tho CITY Council subject Go tho
,-.,ra,nI ~ tho city Council unless the
Irtfftrrnanca % such duties ~ otherwise
provided 10 city ordnance huIen fcEh-
linFua the PERFORMANCE OF said duties
$3.50, ala, he provided hY ordinance Al
! t.fse warrants and All document RrY
/ .-iarnee~ ~ title or rights ~ Invested
20 snail bo IN ths cns'eay o. Ne Ct'y
lrompfroiler VINO Bsah De hA"'e TOT the
aafa keoriug thereof
lana. ettv shall direct the creation and O.
! t.ttf-tr,ent % municipal banking and
! 49,, tr.ertmrut In the treasury depart
t ~ mo city. tho requirements and
| Functions herein authorized shall IN Fo
l fsr AZ thoY are not required by Jaw 20 Pc
/ 49, lined hv other departments % the
! H. "a mart % the duties and func-
I.i and shalt be performed IN and
/ tt,'4 th said banking and trust depart
me.hitp pr IT FURTHER RESOLVED
80 s..h amendment be- submitted "a
~, qualified electors - tho city fnr their
I..ttfirstlon or rejection M tho uoKt gen
.,t ,,onirIpal election 10 be held in the
| CIV q seattle ON the f'h day OF March
tpa...a tho city Council tho aoth day Il
! a.. @,,rrr 1919. and signed by me Ga
,,,..,, srualan In authorization ~ its pas
- ,t,ta gOth day Of Decomher 1914
N"hN MONT - NEEk ETH.
| president Of tho city Council
| Filled tho s0th day 81 hecomher 1914
,.,.. s...,.,trolter nrd eH-officio city Clerk
bnte OF first publication January 3ist
lTnIg