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HomeMy WebLinkAboutORD 1132 ' ti- ••--y �4-,...�.�� (Ixnprovement Ordinance—Immediate Payment Form.) . ORDINANCE NO. _1132 __, AN QRTa�NA,NC� P�iQVID�N� FOR ��� AIv�PROVEIVIFN� C?�+` I i actor�T S-treet from center of Block 11, Car `I°orks f'rom the alley to 4th Avenue i�orth by � grading and �iling all in accordance with R,esolution No. 553___ of the City Council of the City of R,enton, creating a local improvement district therefor, and groviding that payment for said improvement be made by special ' assessments ugon property in sa,id district payable by the mode of "Immediate Payment." T�iE CITY COLTNCIL OF �H� CI�X 9F �.�NTQN, WASHIN��QN, DOES Q�AA�N AS FQL�QWS: I Section 1: Tk�at Fac�tory �treet fro� center of 31ock 11, Car �`�orYs from the alley to 4th �venue T:or�th be improved by gradir_� and oiling and that such other �vork be aone as may be necessary in connection therewith, according to the plans and specifications therefor prepared under the direction of the City Engineer and on file in the office of the City Clerk. � Section 2: That the cost and expense of said imgrovement, including all necessary and incidental expenses, shall be borne by and assessed against the property included in the assessment district herein- after created in accordance with law. The City of Renton shall not be liable in any manner for any portion of the cost and expense of said improvement, except as herein provided. Section 3: That there is hereby established a local improvement district to be called "Local Im- provement District No.202_.___," which said district is described as follows: "All the property between the termini of said improvement abutting upon, adjacent, vicinal or proximate to such portion of said streets and avenues to a distance back from the marginal lines there- of, as provided by law." Section 4: That the cost and expense of said improvement shall be defrayed by special assess- ments payable by the mode of "Immediate Payment" as defined by �a,w and the charter and ordinances of the City of Renton. Warrants bearing interest at the rate of �Q - per cent. per annum until paid, shall be issued to the contractor for the redemption of as many of the warrants issued on the Local Im- provement District Fund on estimates of the City Engineer, as may not be redeemed in cash. Section 5: This ordinance shail be in full force and effect five (5) days from and after its passage, approval and legal publication. Approved this -------��Yi----------------- day of------gu�us�---------, 194-1-----• --���1/- - ----- -- ----------- ------------------ Mayor. Passed this -------5th --- day of ---_r�ugust_------_- 194___l__._. ----------------- � --------- ---- ----- --- - -- ----------------- City Clerk. Date of first publication _�uguSt__'T_,______ Z94___l__, r