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HomeMy WebLinkAboutORD 0316 , � - .rx �wrw� .`_+w�AS'.� R ' . <—rana�.�y�r.-. ' �i,wr�rWiw. . ' " a". � . .. .n si . . . �' � -�i�. � �"�S:i �.�� ... , .. �j� F�X'���� ?"�,�c�.i.x2�� , � � - ��y�~ � ��c�2�;� r��.�iz�� II (improvement Ordinance Bond Form.} II � i � , � , , � ORDINANCE N0.�.�.�..._... � AN �h'DINANGE PR�QVIDINGr F4R THF Il��PROVER�IE1,�`I` OF I , par�Gi.�a�a. ��' '��l�,i�m� :i��c.�� bcaar�c;,�d on ��•�� nar�.y;. �3;y t�e ��ut�Z �in�,� t�f I Fca�rth Av�nu� �.nd. an t��?Fy �c��t.� �ka;� t�.� r�u��Yi �,j.r�r� o�' ��a.�'t�kZ ��renu� � I � i � �1��i.�� '�'f�;+�.i't#t rJ�'7�*'1���.�3��:�t����JF��'t77'�Jl�7`�i- bY �'tf"����"�t t� t�tl�f���'�;���'�'`Yt � �;���.���;m}a�vin� �nd etxxbira� t��.� ��.��a� �i�3�z �b�°i��c . . � all in accordance �vith Reaolution No. ��3_-�c'�.. of the Cit,y Council of tha City of Reuton, creating a loeal �� � irriprovement district therefor, and providing that payment for s:tid improvement be made by special assess- ments upon property in said district payable bv the mode af "P'ayment by Boncls." . � THE' CI'lY C'QT?\CIL OI` T�-IE CITY QF RE�T41T D4FsS ORD�I� �S F{}IrLO��S: I . � Section i: '1'1��t �;>=�,t �c�a^tao.x� at' �i�.�,i�mg s��°��t k�o�arad�d a�. �th,�:. nor��t b� u�3�� sou�;h lzn� o�' :�'aurth }�v�;nue �,nc� on tl��e ��u�h b,y tl���: no�°L�. �.i�1� c�� F i�'t��z E�v�:�u� , � . ( . I �:���.���t�.��#��?t3�#�?�f���Y4+��V�`b.�It�,' �:t��i����b/t��'� be improved bY (S��hp{���.�����A��E� � ��?P,h�,.�'�',,.yp�;yy���p±��}� � . � � r t' � 71?�':'?. 1 .�� r�..i..,..�..f.. , 7' " .� 1�,� I �,r�,d ira�,?��va.aa� �,n�, cu�bax�� i;h� �a»�� w��t;l� bri ek � � i. ::_ I and that sueh other work be done as may be neeessary in connectian.therewith, according to the plans and specifications therefor prepared unc�er the c�irection af the City Engineer and on file in the office of the City � y,, Clerk. - � Seetion 2: T�at the cost and expense af said im pravement, including �11 necessary and incidental ex=' � penses, shall be borne by and assessed against the pro perty includet�i in the assessment district hereinafter cre�,ted in accardance with lativ. The City of Rentan shall not be liable in any manner for .any portian of tkie cost and expense of sa,id improvement, . ) I Section 3: Tliat there is hereby established a local iznprovement di�triet to be called "Lacal Improve- rnent District No. __��..__..," which said distriet is deseribed :as follows. "All the property between the termini of sait� improvement abuttin� upon, adjacent, vicinal or proxi- mate to such portion af s�,id stree�ts ancl avenues to a distance back from the marginal lines thereof, as pro- � vided by law." i Section 4: Bonds bearing interest at the rate of _...8_.....__. per cent. per .annum payable on or before � �{�.................. years from the date of issuance shall be issued in payrnent of the cost and expense of this � impravement, which bands shall be redeemed by the collection of speeial assessments to be levied and �ssessed i upon the propsrty within said distriet, payable in _.___�.4.__...____._ equal annual installments with interest:at the I , rate of _........._.�......__. per cent. per annum under the mode of "Payment by Bonds," as defined by law and the , charter anc3 ordin€�nees of the City of R;enton. These bonds shall be delivered to the contractor in redemption � af warrants on the I�acal Inzprovement District Fund issued on estimates of the City En�ineer, or the City i �� of R�enton may, at its electian, sell said boncls and make st�ch redem�atian in cash. Section 5: `�his ordinance shall be in full force and effect five (5) days from and after its passa�e, approval and legal publication. Approved this ..�--�-----�----...__ day of .......... .......''..._..--�-��--- 19L.. _.. ' � . ... . .�/f...�_.�............ -�/"�'-'� �I -��---.. ._.... ----------- ----�----�-�---•----...-------- Y � Fassed this .,�_.�..... day a€���'`.':". ....... ................. 191.�:.�.'.. . a or. ,���'� ` '� � �� ; ....�..,�..-�.. ............... .. ......... ............... � �• �' - ---�.----...Cit Glerk. .t y . �t ,� � , , �u,,..__.. a,,.,� � Dat� of first publication _. ......r:........�,�-:�.. ""���..._...�....'... ..{---�-� il II - -- - - - - - - - - - __. .