The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1917-04-12
LEGAL NOTICES


ORDINANCE No. G5s5.-An ordi
nance providing for the improve
nent or Hosmcr Street from South
l9th street to South 2Srd street,
creating Local Improvement District
No. s1s; providing for a special fund
| Tor the payment of the cost of SAID
| improvement by special assessment
upon property within said district
benefited thereby; providing 70
ihe Issuance of local improvement
| bonds ana declaring an emergency
WHEREAS, an initial resolution
adopted by the Council of the Cit,
| of Tacoma March IA, 1917. de
claring the intention of said Coun
Gil to make the Improvement here.
matter described and nNing Mon,
day. April end, 1917, as the tim,
for hearing objections to the max.
Ing of said Improvement, was duly
published as provided by law; and
WHEREAS, prior to the md DAY
of April, 1917, the Commissioner OF
Public Works of said city submit
ted to said Council the estimated
cost of said Improvement in the
sum of Sl,71G.20; and statement
or the proportionate amount there
of which should be borne by the
property within the proposed as
sessment district. In the sum of ST.
Il6.20s and statement of the ag-
dSE'EEfu value Oh IDe real
estate. exclusive of improvements,
within said district, according to
the valuation last placed upon 1t for
the purpose of general taxation, in
the sum Of S6,3j5.00; and a 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
April, 1917, no objections to the
making OF said Improvement were
made or presented to the Council;
NOW THEREFORE,,
BE 1T ORDAINED BY THE CITY
OF TACOMA:
Section |. That Iosmer Street
| from South 10Th street to South 23rd
Street, be improved by the laying
of cement concrete sidewalks five
feet in width, with the necessary
gutter returns and crosswalks: ac.
cording to the plans and specifica-
lions prepared therefor by the city
Engineer, now on file In the office
of the Commissioner of Public
Works.
Section 2. That the real property
to be benefited by said improv ement
and which is hereby created Local
Improvement District No. 979, is
described as follows:
All the lots in Blocks G, 7. 2S and
20,
Hayden's Addition to New Tacoma
w. T.
All of said property being in the
City of Tacoma, Pierce County,
Washington.
section 8. An assessment is here
by levied upon the several lots
tpoptq and naFrn1C M land in eatJ
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. 46l1 oil
| 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 sc
| charged at six per cent. per an
mum; and each year after the issu-
ance of the bonds hereinafter pro.
| vided for one of such installments
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 ordi-
| nances of the City Of Tacoma for
| the collection of assessments fol-
| local improvements.
Section 4. A special fund Is here.
| by created to be called Local I'm.
| provement Fund. District No. 97s
| which shall consist In the aggregate
| of the several amounts assessed
| levied and collected upon the sew
| eral lots and parcels of land in sait
| local Improvement district for tn
| purpose of defraying the cost an
| expense Of said Improvement. On
| of said fund shall be paid tn
| bonds. interest thereon and tn
| entire cost of said Improvement. an,
no part of said fund shall becom
| the property of the City of Tacoms
but shall be treated as specia
trust fund for the purpose herein in
| dicated.
Section S. The Commissioner o
Public Works is hereby ordered /,
proceed with said Improvement b.
! letting a contraction the construc
4 tion of the same. after inviting bid
/ therefor in the manner provided b,
| the City Charter. and make out ant
| certify to the Council an assess
ment roll, charging the cost and ex
| pense of said Improvement agains
said lots, tracts and parcels of Ian,
| I'm the manner provided by law.
| In calling for bids the Commits
sioner of Public Works shall stat,
| that the contractor doing the worl
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 Cit,
| of Tacoma except solely upon said
bonds, the special assessment made
and the fund hereby created.
Section 8. Under the provisions
| of Chapter 9S of the Laws of tn.
| State of Washington OF 1911 ant
this ordinance, there shall be issue,
| five-year annual installment loca
Improvement bonds against said
district amounting in the aggregate
to sum equal to the amount oil
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 numbered consecutivei,
| and be In denominations OF 500 OF
each. except the first numbered
bond. which may be for n less sum
" necessary.
Said bonds shalt be issued and
dated not less than thirty DAYS
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