The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1915-10-21

/
NANCE providing for the I'M
| provement of TX" Street from a
point $50 feet north of Center
| Street TO point 443 feet south of
| Center Street; creating Local I'M
| provement District No. $751;; provld-
ing for special fund for the pay
ment of the cost of said improve
ment by special assessment upon
property within said district bene-
| fitted thereby; providing for the is
suance of local improvement bondsi
| and declaring an emergency.
| WHEREAS, all initial resolution
| adopted by the Council of the city
of Tacoma, Sept. 22nd. 1915, declar-
ing the intention of said Council to
make the Improvement hereinafter
described, and fixing Monday, octo-
Der 18th, 1915, as the time for
ing of said improvement, was duly
published as provided by law; and
WHEREAS, prior to the 18th day
| of October, 1918, the Commissioner
of Public Works of said City submit
ted to said Council the estimated
| cost of said improvement in the
| sum of $7S6.00; and a statement
| Of the proportionate amount there
! of which should be borne by the
property within the proposed as
sessment district, in the sum OF
$7S60O; and statement of tho
real estate. exclusive of improve
ments, within said district, accord
ing to the valuation last placed up
on 1t for the purposes of general
taxation In the sum Of $4,000;
and diagram or print showing
thereon the lots, tracts or parcels
of land and other property which
Will be specially benefited by said
Improvement and the estimated
amount of the cost and expense of
the, Improvement to be borne by
each lot, tract or parcel of land
within said district; and
WHEREAS, on said 18th day OF
October, 1916, no objections to tho
making of said Improvement were
made or presented to the Councils;
NOW, THEREFORE,,
BE 1T ORDAINED BY THE CITY
OF TACOMA:
Section /. That TX" Street from
a point $50 feet north of Center
Street to point 443 feet south of
Center Street, be improved by lay
ing cement concrete sidewalks five
60 feet in width, according to the
plans and specifications hereto
fore prepared therefor by the City
Engineer, now on file I'm the office
of the Commissioners of Public
Works.
Section 2, That the real property
to be benefited by said improve
Local Improvement District No. 951,
is described as follows:
Lots 13 to 20 inclusive In Blocks
l and 2,
Lots l to IS inclusive I'm Block Il,
All the lots In Block 10, Map of
w. T..
Lots l to Is inclusive In Block IA,
Lots | to II inclusive In Block 16,
Smith Roots First Addition to
Tacoma, w. 7.
All of said property being in the
City o. Tacoma, Pierce County.
Section 3. An assessment is here 4.
by levied upon the several lots,
tracts and parcels of land in said
Local Improvement District for the
purpose of defraying the cost Of
with the laws of the State of Wash
ington and Ordinance No. 4611 Of
said City.
Said assessment so levied upon
said lots. tracts and parcels of
land respectively. may be paid
either in cash. without interest, be-
fore the issuance Of bonds, or in
five equal annual installments, to-
gether with interest on the whole
sum SO charged at SIX per cent per
suance of the bonds hereinafter
provided for one of such INSTALL
ments. together with the interest
due thereon, and on all installments
thereafter to become due. shall be-
collected in the manner provided by
law and the Charter and ordinances
of the City of Tacoma for the col
lection of assessments for local inn
provements.
Section I. A special fund is here
provement Fund District No. s51;
which shall consist in the aggre-
gate of the several amounts as
sessed, levied and collected upon
the several lots and parcels of land
In said local improvement district
for the purpose of defraying the
cost and expense of said improve
ment. Out of said fund shall be
paid the bonds, interest thereon,
and the entire cost of said improve
ment, and no part Of said fund
shall become the property of the
City of Tacoma, but shall be treat
ed as special trust fund for tho
purpose herein indicated.
Section s.. The Commissioner Of
Public Works is hereby ordered to
proceed with said Improvement by
letting a contract for the construc-
ton OF the same, after inviting bids
therefor In the manner provided by
the city Charter. and make out and
| certify to the Coun ell an assessment
| roll, charging the cost and expense
l
lots, tracts and parcels of land in
the manner provided by law.
In calling for bids the Commis-.
sioner of Public Works shall state
that the contractor doing the work
snail agree to accept at par the
bonds issued in pursuance of this
ordinance In payment OF the same.
| and shall have no claim whatever
on account thereof against the City
or Tacoma except solely upon said
bonds. the special assessment made
and the fund hereby created.
Section 6. Under the provisions
of Chapter 80 of the Laws of the
| State of Washington of 1911. and
| this ordinance. there shall be issued
| ffve-year annual instalIment local
| Improvement bonds against said
district amounting in the aggregate
to sum equal to the amount OF
| said assessment remaining unpaid
at the time of their issuance. but
not in excess of the cost and ex-
pense of said improvement, which
bonds shall bear interest at the rate
of six per cent per annum from the
date OF their issuance. shall be num-
bered consecutively and be in de-
nominations of $4,000 each, except
the first numbered bond. which
may be for a less sum IL neces-
sary.
Said bonds shall be issued and.
dated not less than thirty days
after the expiration of the time
when said assessment may be paid
| without interest, penalty or cost.
as fixed by the City Treasurer's no.
tice of the assessment roll being In
his hands for collection.
Section T.. An emergency exists
and this ordinance shall take effect
Immediately after publication.
Passed Oct 90 1glb