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HomeMy WebLinkAboutORD 0443 . , ; • � .� ' � w �r `;., (Irnprovement Ordinance I3�nd Forn�.) ORDINANCE NO. .�_:.._� c�N Q�i�DiN�NCE PRO�VIDING FOR� TI�E IIZPROVE:I�IEV'C OF ^hird 1�v�n.u�, in 4he ori�;inal tQ�:�o�r, (n�v� city� o�' �:�nto?�.,"��.�:;`���Y.�;t�� �rom the e�$� line ef �?311 ��r�et, thance �a$t tc ea�v lin� af R��ton Av�nve--�3y Gradin� said Third A�nsnu�, itA full •Nidth of �i�:ty �°:�t an.d �y �r�.vellin� �,'�,�a ►;tY-aet. ��'������re?��s.���P����?�t�=���'_{?�:��.Y�4cc���l��'�5��'#�3��T��t�':��;:i�r�'�rv.�rr��-� �T5 all in accor�lance «�ith R�esolution \�o. _..._._.____ o� the CiYy Council of the C'ity of Renton, cre�tin�� « local improvement district therefor, and providing that pa�nlent for said improvement be m�cle by special assess- ments upon propert� in said di5trict pa�able b� tlie n�iode of "Fayment by Boncts." I THF.� CI'1`Y COI;NCII� OF� T�II� CPtY OF RE\TO\ DOE�S ORllaI\' AS FOLLO��'S: se�tiou 1: ��h_1t �''�irc� �vaY.u�:, i� �r�e� �ri�ins�l to•�.n (no•:� city) c,�° Rontvn,"?�.vhindton� �rom ea�t 13r�c� oP �:"ill. streEt,thence� eas� to east 2fna o�' Rer.ton .Avenue,be i�prove�. by ��ad.in� �a3d pUrtion of sa.�.�. Thirc� Av�nue it� full r�idt?� of �zxty f�et , �,n;: �,ravelli.n�; (��e�,������r�i�����i�i`����i-�-�ir'lh��*�c��=�����4���t���i���t) ' ��a� t�:� ��. d par�icn o° �h�r�i .Av�nu�: tr�+ ��; �rcll.rit:<: �.n ��e travel2�d p�rt t'�erecsf. and that such other work be done as may be necessary in connection therewith, according to the l�lans a�nci specifications iherefor prepared under the clirection of the City Fn�•ineer and on file in the office of the City Clerk. Sectiozi ?: '1'hat the cost and expense of said improvenlent, includin� all necessa.ry and incidental ei- penses, shall be borne by and assessed against the pro perty included in the assessment district hereinafter cre�ted in accordance with law. The City of Renton s hall not be ]iable in any mamier for at�y portion of thc eost and espense of said improvement, _ . � (�i����rf����n����f��t,'�i�'i�€�'o�i%��e�r�t�i��r���i�'�f�"r�.. Section 3: That tlfere is hereby established a local ii�provenlent c�istrict to be ealled "Local Iinprove- inent District No. � ," «hich said district is described as follows: "�ll the proper��etween the termini of sai�i improvement abuttin�� upon, adj<lcent, vicinal or prozi- inate to such portion of said streets a�nd aaenues to a distance back fronl the �var�inal lines thereof, as pro- vided by law." � '`e �ection �: L'oncls bearinb interest at the rate of __`'__..".__.`._ per cent. per anmm� payable on or before �___ ve�rs from the date of issuance sha11 be issued in payment of the cost and eYpense of this im` oveinent, which bonds sha11 be redeemed by the collection of special assessments to be levied ancl assesse�l upon the property wTithin said district, payable in ____�g'cT'�_?____ equal annizal installments with interest at the rat� of ________'�___________ _ er cent. � annum under the �iode of "Pa ment b � Bonds," a.s defined by law and the ' - � P Y S charter and ordinances of the Cit of R,enton. These bonds shall be delivc red to the contractor in redemption I of `�arrants on the Local Irnprovement District Funcl issliecl on estimates of the City En�ineer, or the City of Renton rnay, at its election, sell said bonds ancl inal�e sneh redemption in cash. Section �: This ordinance shall be in full force and effect five (5) days froin and after its passage, a��l�roval and le�al ptiblication. Approved this f� --- day of -- --=------ - ---------------, 191�--• �%� - --- -_..- - - ---`--- - --- ----- - �......................�--�-- --- -- -- - Mayor. Yassed this _...,��--_-_----.-- clay of - -.- -------------- -----------_...., 191.�._. / — � ---- -- ------ --� -- --- - � - - - --- --- --- --- - - ------------ City Clerk. llate ot iirst publiczltion _. .. . -_-• -------- - ----------------v.`..��.��