The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1917-07-26
LEGAL NOTICES.

point of beginning.
All of said property being in the
City. of Tacoma, Pierce County,
Washington.
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
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. before the
an sn1e nstalIm m toretb the e 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, together
with the interest due thereon and
on all installments thereafter to be-
come due. shall be collected in the
manner provided by law and the
charter and ordinance of the City
of Tacoma for the collection of
Section 4. A special fund is here
by created to be called Local I'm
provement Fund District No. 9S3,
which shall consist In the aggregate
of the several amounts assessed,
levied and collected upon the sew
|eral lots and parcels OF land In said
local Improvement district for the
purpose of defraying the cost and
Expense of said Improvement. Out
of said fund shall be paid the bonds,
interest thereon, and the entire cost OF
said Improvement, and no part of
said fund shall become the property
OF the City of Tacoma, but shall be
treated as a special trust fund for
the purpose herein indicated.
Section 5. The Commissioner Of
Public Works is hereby ordered to
proceed with said Improvement by
letting a contract for the CONSTRUCT
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.
In calling for bids the Commis-
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 G. Under the provisions
of Chapter 80 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 a 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 inter-
est at the rate of six per eeLt. per
annum from the date of their is
suance, shall be NUM- ered consecu-
lively and be in denominations of
800 each, except the first numbered
bond. which may be for less sum
~ 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 with
out interest, penalty or cost, as
fixed by the City Treasurer's notice
of the assessment roll being In his
hands forscollection.
Section z. An emergency exists
and this ordinance shall take effect
after publication.
Passed July rs. 1917.
A. v. FAwCETT,
Attest; w. D. NICREUS.
City=Gterk.
July -. 1911.