The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1919-12-26

con- Herein provided for shall go int,
fern % far as the Town Is concerned
va toroiuding upon it. until the assess
+ = mherein provided for shall have beer
. cCned
Inc ion 5.-As soon as possible after TN,
,n, "a effect of this ordinance and with
-, innty days after the contract for tn,
,ba improvement has been let the com
,t, on public improvements of th,
cna9 Council shall prepare an as
,e ,ev' aent roll which shall be in all re
il SH las provided for in Section Is a
S l1ance No. 63 of the Town of Orovill,
~ ~ such assessment roll shall be mad,
~ ~ all things pertaining thereto shall h,
~ ~, In accordance with the provisions n
.ne ordnance and the statutes of th,
ais te of Washington, and said assessment
oi IN the same shall have been confirme,
,hethe Town Council shall be a lien on th,
10 1perty of the assessment district anf
M Mlsn sether with the delinquent interest an,
cost which may hereinafter accrue unit
it same shall nave been paid and dis.
II tAarged and shall be a paramount ant
.Iperior lien to any other lien or incum-
,etince whatever heretofore or thereafte,
ssreated, except lien for general taxes.
y The Town Treasurer shall as soon as tn,
assessment roll has been placed in his
hands for collection, publish IA notice thai
'Said assessment roll is in his hands fot
collection. which notice shall conform IN
and be published in the official newspapeI
Tor the time and in the manner reollired
OF Washington.
Section 6-That the said assessment
levied for the purpose and in the manner
aforesaid. which shall not have been paid
within the time prescribed by law OF
ordinance of said town, shall be paid I'm
ten equal annual installments together
with interest on all unpaid in
stallments. at the rate of per cent pay
able annually from the date fixed for the
payment of the first installment thereof.
Section There is hereby created a
fund to he known as Local Improvement
Fund No. q" into which shall be paid the
aforesaid assessments as and when direct
ed by the ordinance confirming said as
sessment, and the assessment roll thereof.
and said fund is created for the purpose
of redeeming the bonds issued in payment
of the cost and expense of said improve
ment as herein provided and from which
shall be paid said bonds to the extent
thereof, and in no event shall the Town of
Oroville be liable for the payment of said
bonds or any part thereof.
Section S.-For the purpose of making
payment of the cost and expenses of said
improvement there shall be issued by the
Town of Oroville it's negotiable bonds, as
provided in Chapter 9S of the Session
Laws of Washington. for 1911, payable to
bearer. as provided in the ordinance con-
firming the assessment roll, and bearing
interest at the rate of per cent per an
num payable annually, which said bonds
shall he styled Local Improvement Dis
trict No. Bond" provided, the Town of
Oroville reserves the right to call and pay
any of said bonds according to their
numerical opder as provided in the act
referred to, whenever there shall be suffi-
cent money on hand in the fund herein
designated to pay any of said bonds and
bonds shall be issued in an aggregate
amount to equal the total amount of spec
ial assessments levied as herein provided
and shall be of the denomination of s200.00
and 100000 as herein provided each, eN-
cept that one bond may be for such less
sum than 800 90 zone Hundred Dollars)
as may be necessary to make the issue
correspond with the total amount of spec
iai assessments levied as herein provided
and provided. also, that the first of sad
bonds may be for an amount equal to the
amount of cash on hand, in the fund
from which the same are payable as mere
in provided at the time of issuance of the
same.
Section 9.-The Committee on Public
improvements with the assistance OF any
engineer which may be employed as herein
provided is hereby directed to proceed
with said improvement. as soon as the
bonds of said Local Improvement District
shall be issued, negotiated and sold, un-
less the contract for said improvement
shall provide for the delivery OF SAID Donds
to the contractor, in payment thereoi; the
contractor constructing the same shall ac-
cept said bonds in payment thereol, In
which event the Town Council shall pro-
vide that such portion of said bonds as
NAV he proper under the terms oi sa'u
contract shall be delivered to SAID cor
tractor during the progress OF sala W9l
at not less than par Value anu acciueu III
terest thereon. ...,,,,,. d.
Section 10.-After said improvements
shall have been made and constructed ard
approved by the engineer in charge ana
notice thereof given to the 1,own Coui',n'
the Council shall fix time for the heaF-
ing and cause notice thereof to be given
TO ali persons interested. that said I'm,
movement has been completed and that all
objections to the acceptance or the saine
as completed and constructed AT S@alu @
hearing. which notice shall not be less
than six DAYS from the date of the pupil
cation thereof, in the official newspaper
of the said town and if at the said hear,
ing il shall appear to said council that salu
improvement conforms with the reGH,re,,
ments of SAID contract said councll shali
make an order accepting the same.
Saction 11.-That Local Improvement
District No. hereby created anu estap .'
lished is the same Improvement ana I'M
provement district contemplateu fnah a,iu ,,i eh
ferred to in that certain petition tiled Wltil
the clerk of the Town of Orovllle on W
i1tb dav of August 1919. and cohtenlplad-
ed by resolution of September -, i'd''
that ali terms used in any OF tle pro,
cae6inps relating to said proposition ana
;r,',,rnvments shall be construed so as to
give force and effect to TINS of.u''tniS :,
and ali proceedings pertaining To saiu
improvements. ,.,o shall toIxa
effect and be In force lro'ii N ' The official
massage and publication IN the oiii'''''
ne wspaper of said Town OF OroHnie No
nc passed first and second reading NO
vember ~ 1917. Dooap,har &
Passed and approved De'e''o'i W.
l'Ig Eirst publication December 25, lsi'
Attest. e. r. HOUSE, Clerk.