The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1915-08-26
LEGAL NOTICES.

sos and so7. Goodwin's Addition to
All of said property being In the
| CITY OF Tacoma. Pierce County
Washington.
Section 3. An assessment is
| hereby levied upon the several lots,
tracts and parcels of land in said
Local Improvement District for the
purpose of defraying the cost of
| said Improvement. in accordance
with the laws of the State of Wash
| ingt0n and Ordinance No. 1911 OF
said City.
Said assessment so levied upon
said lots. tracts and parcels of land
| respectively, may be paid either In
cash, without interest. before the
| issuance of bonds. or in five equal
annual installments, together with
| interest on the whole sum SO
charged at six per cent per annum;
| and each year after the issuance
| of the bonds hereinafter provided
for one OF such installments. to-
gether with the interest due there
| on and on all installments there
after to become due, shall be coll
| lected In the manner provided by
| law and the Charter and ordinances
! OF the City of Tacoma for the col
lection of assessments for local i'm
provements.
Section 4. A special fund is here
by created to be called Local I'm
provement Fund District No. 957,
| which shall consist in the aggrs-
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 treated as q
special trust fund for the purpose
| herein indicated.
Section s. The Commissioner OF
Public Works Is hereby ordered to
proceed with said improvement by
| letting contract for the construc-
ton of the same. after inviting
| bids therefor in the manner pro-
vided by the City Charter, and
make out and certify to the Coun-
| ell an assessment roll, charging
the cost and expense of said i'm
provement against said lots, tracts
and parcels of land in the manner
| provided by law.
| In calling for bids the Commits
sioner of Public Works shall state
| that the contractor doing the work
| shan agree " accept at par tne
bonds issued in pursuance of this
ordinance In payment of the same,
| and shall have no claim whatever
| on account thereof against the City
| of Tacoma except solely upon said
| bonds. the special assessment made
| and the fund hereby created.
Section 6. Under the provisions
of Chapter 9S of the Laws of the
State of Washington of 1911, and
| this ordinance there shall be Is
sued five-year annual installment
| local Improvement bonds against
| said district amounting in the ag-
| gregate to sum equal to the
| amount of said assessment remain
ing unpaid at the time of their is
| suance, but not in excess of the
cost and expense of said improve
| ment, which bonds shall bear in
terest at the rate of six per cent
| Issuance, shall be numbered CON-
secutively and be In denominations
of $4,000 each, except the first
numbered bond, which may be for
| a less sum IL necessary.
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,
| notice of the assessment roll being
| in his hands for collection.
Section Z. An emergency exists
and this ordinance shall take effect
Immediately after publication.
Passed Aug. %, 1915;
Attest: w. D. N1cKE Hsy0"
City Clerk.