The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1913-02-25

rworuHgu kNENpmEN r 80
A BEHUff rloN ana fNtfphl lpt
= ihs ciir 81 restiio 81 sdsias thef-t, :
urH serfirH 60 ~ hHnen ~ Hrrti.n ~
FFiafinu fa tha Investment - riff fu1as
meet 81 ths aaaitfi 4 ri~rturs y thr citv
az tho Frn~ral m9nleipal clerfion 90 -
nrfd MARCH q 1873 ..
~ % uEHutNEn ~ TUE aiIh
cotNcfL or TiiE CRY or SEAT.
Tast Aft.eie TX ~ ,h- CITY chsrrr a.
amended Do ad8inf thereto a nee 90 ton
20 sa hrnun % section -. Whirh shaH
8s-iiaa III Whenever me amount u
cash nn had beiauninE tp ftn CITY -
q-tfffs. in-f1dfrr deposits fn % sith
hhnhs exceeds such sun as b. rrasonaiif
suffaisaf - rtrri 80 tha cuffrnt IS
tfauara nud uhilEE f8arH 20 ire r4fB and ~
~ fsnas distssfa and fapafimarts %
thFF affrgr. $40 titf - aeah~si go - ~
wet temporarily fhH frrsrs ahafa 90
reasonably aufflrifnt sunt iu tAe Etiii
riiB uillfr ara general loads sod yer
Fnnls q thr rIfr. ~ - Ifa funds dfrfft
rasast ar spec taf asrsssrHent disfriCfa. ai
49, st4Asnrsvt gar and accrued Interest
Huta hoads ~ nafranis mar 70 o. n.
vrsfet 90 arcr fhcg have hrea rN0r aiefi
either brfars aF after fuer hatr f,eH
isssiea 90 cold ~ thp city such inf al
fasnt shau npt apefafe % raf canr 2,
II - 10 innsir ~ vsiidfY but he rifg
% al - feruef ia ah respects the ifaai
eh.uef ~ surh Bond ~ warrant
Such cash mag aiHu hr invested IN bonds
~ tha state - MAahirrfru. nr ~ thr
eaauftrs Ntirr af school districts ~ The
stafs - WHshiuafHH. 81 W the bnudn -
Itha rnfed AiafFs Any bonds ar war
rsnts - irrrairf fn MAJ p cold e. cash
Al nat less thar pnr and accrued Inter
- in accordance with lass Hud nrdi .
aasrss providing for the Issuance ur sale
u bauas ana The rrueeesif snaii BE- placed
vrs,s, r,,ri, ssrsss u cash on hand real
rfnuaffF RI hra said according 20 t1N fnf
Isifiiqruut special assessfueufs. uay 70
pufehasei. and tho city ID authorised 60
- tha flfnL lafsnH A. aalh sale. offering
e. psV thn smpuut due mn each iof, tract
nr parcel ~ lard other property 1ald
areafdlna 60 thn statute M Hufh case proc
- sssid faf cash. ard tho proceeds shall
30 81 red in fhs city treasury. W order
thaf tHCh 0seoa. pt casn ~ naln WEE ~
Inverted In bonds ~ war; ants payable ln
aghoIa Or In part from local Improvement
liatrffts ~ condemnation Districts thc
q aansawd valuation ~ tho property nH-
s-saeH ia gay for rueh lranrn Fruteut ~
Inflammation shall. al tho time n tho
nt,rrhaan hr iha rltY ~ such bonds c.
ssffaHfa erceca tho mim assessrd Tor
-tfrh ilnuf1frrlent er condemnation added
tatiaa AGAINST said property
r.annf whnTn inrnnHinfrnt with statute
aii interest 1r prnht Fom ans ana ~
aurN Infe4tnruts shall belong 90 tho city
- +.art 20 joe general fund and such
nos rrsu hear go iesses thnt may re-
faif from such ntsffnrufH
T.No amount ~ aafhinr capital IN tho
r.rsu ~ cash ON hand reasonably ncCnH.
arre ~ uref al current expenses an =
'.fftratfnrs shall he aacrftalned ard de-
trrminod FROM time 70 ,inne p ciiy g
aging ana d'speaiuE n anid ms einrnts
.Ealf H. performed uV tho fiuanr" tHan-
enlfta4 70 tha Ctty Council subject tn De
anurathi ~ fhe city Council. uulenH iho
~ f.~,r,srgr ~ such duties is otherw 20
s-..fse1 ISL ritY ordinance ftuioH reFu.
iatiur thc performance ~ said dutiel
- sfas be provided ~ ordnance ttl
,,s,nta varrnnfa and all dosumeutarf
~tqacnrrn ~ title Npr rights % lntcr icd
ie ehaii 30 900 the custody ~ Cd" CITY
lcompiroiier. who shall bo liable Tor no
- hrrofng thereof
s@, ,..'.,11d in tho event the electors ~
80 rtf- shall direct tho creation and CO.
.Hft-frfnrnf - municipal banking and
80, drpartincnt tn the treasury depart
f,,9stt,rn herein authorized shall. tn Fu
RAJ a. they mrs not required hy Jaw o. hu
rar famed hy uthor depart npute ~ o. f
nae 10 "a part ~ tho duties ana funn.
49, ord shall Do performed in and
,brourh fald banking and trust depart
mont -. ,.,.,.rttr, p,.sI,, ,.,.,.
ma ,,rh amendment no submitted Co
NJ .tt,itfied electors ~ tho city fur their
rm,ffi.atfnn Or rejection NJ the next gem
@r,l municipal election 60 he held IN the
Ctly n Seattle on tho an day Of March.
tpss..A the city Council the soth day u
pcrrt,hcr. 1919. and signed by mo in
opan session ln authorization or lig pas
80 tbia gOth day ~ December. 1919.
""h' HouT 70 UENk ETH
president ~ tho city Council.
Flied tho 2oth day 81 Dg,ccmher 1919.
y.,, q. .,, roller and x-offiCio city Clerk.
bato Of nrH publication January sist
1914