The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1915-08-12
LEGAL NOTICES.

Sheridan Avenue to Asotin Street
creating Local Improvement Dis
trict No. 954; providing for spe-
cial fund for the payment of the
cost of said improvement by special
assessment upon property WITHIN
said district benefited thereby. pro-
viding for the issuance of local i'm
provement bonds; and declaring an
emergency.
WHEREAS, an initial resolution
adopted by the Council of the city
of Tacoma July 18th. 1915. declaring
the intention of said Council to
make the improvement hereinafter
described and fixing Monday, Aug
ust End. 1915. as the time for
hearing objections to the MAX
ing of said improvement, was duly
published as provided by law; and
WHEREAS, prior to the End day
of August, 1915. the Commissioner
ted to said Council the estimated
cost of said Improvement in the
sum of $1,02S.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 or
$1,028.00: and statement OF the
aggregate assessed value of the
real estate. exclusive of improve
ments, within said district, accord
ing to the valuation last placed ur-
on 1t for the purposes of general
taxation, in the sum of $4,534.OO;
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 End day of
August, 1915, no objections to the
making of said Improvement We're
made or presented to the Council
NOW, THEREFORE,
BE 1T ORDAINED BY THE CITY
OF TACOMA:
Section l. That South 47th
Street from Sheridan Avenue to
Asotin Street be improved by lay
ing cement concrete sidewalks FIVE
feet in width; according to the
plans and specifications heretofore
prepared therefor by the City En-
gineer, now on file In the office of
the Commissioner of Public Works
Section 2. That the real property
to be benefited by said improve
ment and which is hereby created
Local Improvement District No. 9o1,
is described as follows:
All the lots in Block 101, 102. 1903
and 1O4, Cakes Addition to the City
of Tacoma, w. T.
All of said property being in the
City of Tacoma, Pierce County,
Washington.
Section 3. An assessment is here
by 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
ington and Ordinance No. 4611 Of
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 i'm
provements.
Section 4. A special fund is here
by created to be called Local I'm
provement Fund, District No. 954,
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
City of Tacoma, but shall be treat
ed as a 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 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 Council an assessment
roll, charging the cost and expense
of said Improvement against said
lots, tracts and parcels of land in
the manner provided by law.
sioner of Public Works shall state
that the contractor doing the work
shall 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
of Tacoma except solely upon said
bonds, the special assessment made
and the fund hereby created.
Section 9. Under the provisions
of Chapter 9S of the Laws of the
State of Washington of 1911, and
this ordinance, there shall be issued
five-year annual installment local
Improvement bonds against said
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 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 mo-
tice of the assessment roll being in
his hands for collection.
Section 7. An emergency exists
and this ordinance shall take effect
Immediately after publication.
Passed Aug; II; 1872 yvcrrr
Mayor.