The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1915-12-09
LEGAL NOTICES.

l
of the original cost of said plants
was Justly and fairly chargeable to
the Water Department of said City,
and
WHEREAS. the Light Department
subsequently took and received pos
session of the plant Of the Com
merciaH Electric Light and Power
company when the same, valued at
Seventy-five thousand dollars, was
surrendered to the City I'm 1896, In
part payment and satisfaction of a
Judgment obtained by the City for
the benefit of the General Fund;
and
WHEREAS, the Light Department
has taken permanent possession of
BLOCK 2406, Tacoma Land Company's
First Addition for it's Sub Station
ana said Block was acquired by the
General Fund of the City at a cost
of Ten Thousand Dollars; and
WHEREAS, the light and water
had the use and benefit of property
OF the City and the services Of its
employees, for which they have re-
turned no equivalent; NOW,
THEREFORE,,
OFF Be T1 IT 3MRpAINED BY THE CITY
Section /. That the Light Depart
ment of the City of Tacoma be
charged on the books of the CITY
with the sum of Two Hundred and
nfty thousand dollars and no more
of the original cost of the light and
water plants in 1898. and that so
of the Light Department as NAV
accumulate under. the provisions
hereof be added from time to time
TO the sinking fund provided for
the payment OF the Light Refund
Ing Bonds issued pursuant to Ordi-
nance NO. 6252, passed March
Section 2. That the Light Depart
ment of said City shall also be
charged with Seventy-five thousand
dollars OF the bonds issued as Wa
ter Refunding Bonds of 1913, pur-
suant to Ordinance No. $3.50, passed
March ., 1913, and that so much
or the income and revenues of the
Light Department as may accum,u-
late under the provisions hereof be
added from time to time to the sink
ing fund provided for the payment
OF the said Water Refunding Bonds
of 1913.
Section 3. That the Water De-
partment of said City shall be
charged on the books of the CITY
with seven Hundred and fifty thou
sand dollars and no more of the
original cost of the light and water
plants In 1898, and that so much
or the income and revenues of the
Water Department as may accumue
late under the provisions hereof
shall be added from time to time
to the sinking fund provided for the
payment OF the Water Refunding
Bonds issued pursuant to Ordinances
No. 1888, passed March 6, 1913.
90 oeetion =: That for the purpose
OF contributing to the said sinking
FUNDS, as hereinbefore provided, the
proper officers shall, annually on
the 31st day of December, after all
the other charges, costs and ex-
penses OF said Light and Water De-
partments have been fully paid and
discharged out of the income and
into said sinkir- funds the follow,
Ing sums towit: From the Light
Fund. $13,462, into the sinking
fund for Light Refunding Bonds
OF 1913. and $4.03s into the sinking
1913; and from the Water Fund.
fund for Water Refunding Bonds of
Water. Reminding Bonds of 1918.
Section 8. That there shall be
forthwith paid and transferred from
the Light Fund to the General Fund
the sum of Ten Thousand Dollars.
the value of said Block 24O6 Tacoma
-anu Noihphny ftfst Addition; and
said Block shall hereafter be in
ventoried and considered as a part
OF the Light Department property.
Section 9. From and after jan
uary, 1916, the proper officers shall
pay and transfer from the Light
Fund and the Water Fund, each, to
the General Fund, the sum OF one
Hundred and twenty-five Dollars
monthly as compensation to be
made by the Light and Water De-
partments to the City for the use
OF property and the services OF en-
ployes OF the City not otherwise
directly compensated for by said
Departments.
Passed Dec. 3. 1918.
A. v. FAwETT.
Mayor.
Attest: w. ID. NTCKEUS,
City Clerk.