The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1917-05-04
LEGAL NOTICES

1884. Del Norte Addition to the city
All OF said property being in the
city OF Tacoma. Pierce County.
Washington.
sum of $1.325.57 Is hereby levied up
on the several lots. tracts and par
GELS OF land In said Local Improve
ment District for the purpose of de-
fraying n part OF the cost OF said
improvement, In accordance with the
laws of the State OF Washington and
Ordinance No. is1i of said city. And
an assessment upon the Water Fund
of the City of Tacoma I'm the sum OF
$2,7i3.59 is hereby levied to pay the
balance of the cost of said improves
ment.
said assessment so levied upon
said lots. tracts and parcels of land
respectively, may be paid either In
cash. without interest, before the Is
suance of bonds, or In five equal an-
nual installments, together with In
at six per cent per annum; and each
year after tho Issuance OF the bonds
hereinafter provided for one of such
installments. together with the In
terest due thereon, and on all install-
shall be collected In the manner pro.
vfded by law and the charter and
ordinances of the City of Tacoma for
the collection OF assessments for lo-
cal improvements.
by created to be called Local Im-
provement Fund. District No 5035,
which shall consist In the aggregate
of the several amounts assessed, lev
led and collected upon the several
lots and parcels OF land In said local
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
City OF Tacoma. but shalt be treated
as a special trust fund for the pur-
pose herein indicated.
Section 5. The Commissioner OF
Light q Water Is hereby ordered to
proceed with said Improvement by
letting a contract for the construc-
tion 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 to the extent Of
81 325.57, against said lots. tracts and
parcels of land In the manner pro-
vided by law.
In calling for bids the Commissions
err or Light and Water shall state
that the contractor doing the work
shall agree to accept said sum OF
s2.7i3.59 to be paid out of the Water
Fund OF the City Of Tacoma, and the
bonds issued In pursuance of this
ordinance, at par, In payment OF the
same. and shall have no claim what
ever on account thereof against the
City except the said sum of 92,-
1899. and 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 or
dinance. there shall be issued five
year annual installment local inn
provement bonds against said dis
trict amounting in the aggregate to
a sum equal to the amount OF said
assessment remaining unpaid at the
time Of their issuance, but not in
said Improvement, which bonds shall
bear interest at the rate of six peP
Aent per annum from the date OF
their Issuance, shall be numbered
consecutively and be In denomfna-
lions of $4,000 each, except the first
numbered bond, which may be for
q less sum II necessary.
said bonds shall be issued ana
day ed not less than thirty days after
the expiration OF the time when said
assessment may be paid without In
terest: penalty or cost. as fixed ~
assessment roll being In his hands
Section 4. An emergency exists
and this ordinance shall take effect
Immediately after publication.
Passed May ?; 1917 cr~m
Attest: W. D. NIcKEus.
May 4. 1917.