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HomeMy WebLinkAbout00821r, �/1�lit'GC2r� �L An Ordinance authorizing and directing eho issuance of cort- ain,,of Local Improvement District No. G, City of Port Townsend, Washington. The City Council of the City of Port Townsend do ordain as fo llows Section 1. That the mayor and City Clark of the City of Port.-' Townsend, Washington are hereby authorized and directed to issue local improvement bonds of Local Improvement District No.'6 in'the.• City of Port Townsend, mashington, in the sum of Three Thousand Four Hundred Eighty-seven Dollars and thirty four cents ($3487.34),I.-l', Sec. 2. That thirty-four of suid bonds shall be in the denom-." ination of one hudred dollars eadh, and one bond in the doncmina- tion of eighty-neven dollars and thirty-four cents; that all of.said bonds shall be coupon bonds in the usual form of local improvement bonds issued by said city; they shall be dated and issued May 14, 1912; be made.payable to James H. Coyne or bearer on or before ten years after date with interest at the rate of seven per font per annum, interest payable annually according to coupons attached; and shall refer to such ordinances and laws as by law required. Sec. 3. Aftor being properly executed by the mayor and City Clerk, they shall be delivered to,the city treasurer for registration and after such registration shall be delivered by said treasurer to James H Coyne or his duly authorized agent in payment of the construction of Local Improvement District No. G,said city, according to contract. Sec. 4. That this ordinance shall be published nrcm it the Daily Leader and take effect and be in force from and after five days after such publication, 9'/Z C " o,F �ic/lc[a o5, �l0(/ /9/z