HomeMy WebLinkAbout00615ORDI NA17 CF170.
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AN ORDINANCE, authorizing and directing the Mayor and City
Clerk of the City of Port hownsend to issue local improvement bonds
for the improvement of parts of Gaines, Lawrence, Van Buren, Jefferne
Washington, Pierce, Calhoun, Case, Walker, Glay and Franklin Streets,
and Pettygrove and Pink Avenues,tby the construction of a sewer in
each of said streets and avenues, as named and the parts described
and said improvement made therein under ordinance No, 747 of said
city establishing Local Improvement District No. 1, and prescribing
the rate of interest thereon and authorizing the delivery of said
bonds to the contractor making said improvement.
The City Council of the City of Port Townsend do or dain as
follows:
Section 1. That the Mayor and City Clerk of the City.of Port
Townsend be abd they are.hereby authorized and directed to issue
local improvement bonds upon'the property included in -Local Improve-
ment District No,l, established by ordinance No, 74:7 of said city,
as provided by law and ordinances, in the aggregate amount of Six
Thousand Two hundred Twenty-one Dollars and Seventy-six rents.
Section 2r That the mode and form of the execution of said
bonds shall be as prescribed by the laws of the State of Washing-
ton and ordinances of the City of Port Townsend.
Section 3, That the said bonds shall be issued in a series
of Sixty-three, the denomination of Sixty-two of which bonds shall
be One Hundred Dollars each and the denomination of the other bond
okall be Twenty-one Dollars and Seventy-six Cents,
Section 4, That the said bonds shall be dated on the // day
of January, 1909, and payable on or before ten (10) years r—om the
date thereof, from moneys on hand in the local improvement fund
of said district applicable to that prupose, as the same maybe
called for, as provided by law and ordinaces of said city, together
with interest at the rate of Seven (7) per cent per annum payable
annually. All property incluaded in said Local Improvement Distrtet
No,'l, except such as has been redeemed by the payment of the en--
tiro assessment thereon prior to the issuance of said bonds shall be
liable for the special assessment levided for the payment of said
bonds and interest.
Section 5r That said bonds shall be issued as provided and
delivered to McInnis Harrington and Company inpayment for making
said improvement thereof, the delivery of said bonds to be at such
times and subject to such conditions as ordered by the City Council
of said city.
Passed the Council �lt.��fTr
�•c a ,,-1 . , 1909,
Approved 1909
Mayor*
Attest:
City er .