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HomeMy WebLinkAboutORD 0768 � � � ` � � `� � , - � I,,- •► � � • t=lmprovement Ordinance Boiid Form) � ORDINANGE NO.____-_��_�_�.________. aN ORDINANCE PROVIDING FOR THE Il'iPROVED�TENT OF �4" :�i::b Yl til�"��v ..i'::;::i „_:�: "�.:.i.;,'11 .l.lI:2 CI ��OL11'ui�. c1V8iiUE: uG 'ul.:� ;�C)l:.�ti i7.:LE: 01 L0�'i 5 ir� Block 7 in �i�� Ori�inal 'i'o�nsit�, w.��= alcn�• th:; �,vest line �f A�ain S�reet fro�n the soutii lir�e o� �i i�t�i �var�ae tc �n� bo�zth '..^ii �J�/ ��1:11 UU� `�w.11il�J Ji.L4 1t1'.iU �J L�i1�V V1 J.:\ �ili1�V... V iJv i�J(l.V�v�:11.V11U� (insert stre�ts or portions thereof to be improved) by (specifsing nature of improvement) �07'iSt2:L1C1i1� C�f.Ei1t 'id'cl.�i>'� :�Tl�� ;:�. �il� C.iY'c.1.�'i� :::iia ���7 C�`?1St�uc�ing �� Ic�rl�i turiin:x.l pl�4�k w�.IK ti�r� �"�e� �,vide, „ �11 iu aecordance �vith Resolution No,..s.�3,7.....,... ot the City Council of the City of Renton, creating a loca] improvement district therefor, and providing that pay;nent for said iruprover.ient be u��ide by special assessinents tlpon ��i•o��erty in said district payable by the mofl� oY "Payment by Bonds." THE CITY COUNCIL OF THE CITY OF RENTON DOES ORD�IN AS FOLLQ�'�'S: Section 1: ThaC :'�i�a,iT'i ��r����'i, iiU':? `�i:.� BOUi,11 1].:i� C' �'GLlr'�71 AV8T1U.�: t0 the-�south line a�' Lo� 5 in B:iock 7 ir� the Oxi�in�,l Toti�ns it�, z�:nd �lon� tile w�st line of Adain Street fxo� tt:e sou�h 1in� o�' Fisth V ./ 1.� 1 J r.7 J _,.v Y.tYr nJ .! .L�l 14 V J.' �l�i l i r'r�-n n 1 V J V AV8I1L:� �i,� '�h� aG"��:1 ^�t�� i;-!, + � -.�,ylC:Tdr, ..; � ��T�� _..���:i� . � (insert streets or portions thereof to be iinproved) be impro�ed by (�pecifying nature of improvement) � CUI1:7tT�1C�121s� C�::'::l;Tl� ti�Vc;..l.k°a" :h�'.:;: :: �1.1.�-s' ii:'::'�,1=i� u.'i::t Oj' .^.U-:'.S�i"...:'�ll1i:; �I � longitu��in;.1 ?�larlk �►a1Y t�vo �'eet ��vide, zind that sucii other work Ue doue as may be necessary in connection therewith, according to the Z�lans and specifications therefor prepared under the direction of the City Engineer and on file iu the office of the City I Clerk. Section 2: That the cost aud expense of •said iinprovement, inclnding all necessary and incidental expenses, shall be borne by and assessed against the property included iu the assessment district herein- �� after created in �ecordance with law. The City of Renton shall not be liable in an3� inanner for any por- ' tion of the cost and expense of said iinproveinent, except as herein provided. � (insert appropriate pro�iso for contribution from the General I'und if anc) Sectio�l 3: That there is hereby established a local i�nproveinent district to be called "Local Im- provement District No..,l..,�Jk�_______," which said district is descriUed as follows: �`All the property between the termini of said improveinent abutting upml, adjacent, vacinal or proximate to such portion of said streets and avenues to a distance bacli fro�n the iliarginal lines thereof, as provided by law." ' �_ �� Section 4: Bouds bearing interest at the rate of...�.�,��';:_� per cent. per aunum payable on or before ', r�:;�Iu21__.__._._._years from the date of issuance shall be issued in payment of the cost and expense of this improvement, ��•hich bonds shall be redeemed by the collection of speciai assessments to be levied and assessed upon the property within said district, payable in I_1V.@._ .._equal annual installments ���ith interest at the rate of..�y2��,.�____per cent. per aunum under the mode of "Pa.yment by E�onds," as defined by law ancl the charter and ordinances of the City of Renton. These bonds sliall Ue delivered to the contractor i�i redemption of ��•arrants on the Local Improvement District Puvd issued on estimates of the City Engineer, or the City of Renton may, at its election, sell said bonds and make such redemption in cash. Section 5: This ordinance shall be in full force aud eriect five (5) days from and after its passage, .i pproval �and legal publication. Approved tliis - - y • ..-:. -- , --- -'- da Of - eJ.'.:.i._:..5<:--';.::rs._.� 19'�z? --- • ` n (t"'n..ki `:,%'��� - ;, �j��/�---� ��. _- -- -- - -__.. - -- -� - ----- -- - -- ------------ lIayor. Passed tIiis -_....._...... day of . � -�---- _.- - .... - - �� 19�- - -- • - ... --� - - -...- - - ...-- - - .._ --- ---------------•----- --- City Clerk. Date of first publicatiou----------------------------------------------.- � T 1