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HomeMy WebLinkAboutORD 0524 � y . � . �, , � :� , +� • 1 � Ii;=�:iOV��;�'�TT OR�IlIpiNCE �__�--�_M..___�------_._____ _ ' '-------�--------------- p T���,� (� r� + ------- 13�i�i1T1.+ 4 LJi1'Y+ i i _., f � " lZ6L ,� � ��H,�, i �� L � _ �r. � t ; T f !�'. � � i � � __ r� I � ri 1: v � 5�.� �. ._ ,J r , ,....'___�__�_ '"_ . l�I� O�DI��.��i`TCE PP.OVIDII�G r OR TH� Il!'.t�ROV�,i�fi1T QF i�ilI� �'iR: :�? i:0�fi� B ;T�; ;=�T iHE SOUTH �GIT?AL LII� OF �32��H A.V�I��[T� l'O�TH AT`J� TI�: NQRTH�I�ST i:�iA��GIl�?dI, I�IN� OF FIRS�' h'VIl�IUF T�OR�.'H, dLT, III AG�Ot,�AIJ�E ��ITH RFSOZUTION N0. 270, of t}�e �it� of Renton, ��ashington, creating a Zoeal �__�m�rove�ent Il►istriet therefor and �rovic�ing that payment fc�r said impravement be made by a special as�essment upon the property in said d��- � trict payable by the mode of pa�ent b�r bo�ds and providin� further that the cast of the ir�tersections �hall be born.e by the City of Renton. TH': CITY COUT�L'I� i�fi ^H-; �IiY QF R-'?`TTOTt TtO�S ORT�AII'T A" iOT�Z��7s ; Section 1: Th�t �;�ill Street iiorth bet�ee� the south marginal line of Sixth A�enue North and the �?orthwest m,�,rginal line of First Aven.�ae N orth be improved by layin�• a stxip of con.crete pavement , �ive ( �) feet wide on each �ide of the twent� ��0) foot stri.p of concrete road�va�r to be built by the co�.issioners of �ing �aunty and the State �ii�hv�ay �or�missianer and eonstructing a curb on each sid.e of said strip and that sUch o�her work be done as may be necessar�r in connec- tion therewith accarding to the plans ana s�e cifications therec�f , , �repared unc�er the direction of the city eng�}�eer �d o fileR �r �i� ��- tt ���..��..-��� ..-�.�:,�r,� � �,� ` '� he o�fice o� the Cit �lerk. :������ 1 t Y � Seetion 2: That th� cost and e�pense of �ai d i::- -�tave��ent, including all necessary and incidental ex��enses , - shall be borne anc� assessec� a��ainst the pro�erfi� inelt��ed i�. �_ _� _ i �� r i. �. . , . ♦ . � w ` n ����� �h� assessr_�e�t district hereinafter created accordir�g to 1����r9 '� The �ity of Renton shall not be li�,ble in any m��:::.r-� I for any portion o� the cost and expen�e of �ai� improver�ent, except that the City of Renton shall pay all that portion o� the cost of constr�a cting the intersections ou� of the gener�:�. s'u nd. Sectian 3: Th€�t there is hereby established a �,ocal Iraprovement Distriet to be called "Zoc�l Improvement 1�istrict 1�Ta. �,/�2.`•` which sa�d &istrict is aescribed as follows : All the p�'operty between the termin.i of s8id improve- �:.ent ahutting upon, adjacent, '�icinal or proginate to �uch �ortion of said streets anc� avenues to � distazice �ac�. frorn ���e m�rginal lines thereof as provided b� la��. �ectiar, t ; 3or�ds tea-ring inte-r��� c:t �.r� r�te o� e igrl�t (8) pE�r ce�� �e-r annum �a�able on o� before � year� from th� date of issuance sha.11 be issued in �ayme�t of the costs as�d expen�es of thi� ir�rorovement, e�cept that portion �rhich shall be borne by the Gity of �enton �vhich bo�ds shall �_� redeemed by the collection of special assessments to be levi�: and as�es�ec� upon the property within said district, paya�le iA� �'�'� equal annual installme�ts , �rith interest at the rate of � f�� pe r cent pe r annum, under the mode o� payment by bonds as defined by law a�d the charter and ordins�aces af the �ity of Renton. These bonds shall �e delivered to the contractor in redemption of �arrant�of th.e loeal improvemeMt distriet �'und issued on estiraa.tes of the city engineer or the �ity of Renton may at its election sell said bonds and m�.ke such redemptions in cash. � � . . . r_ • • �� � , I � � y � ������� Sectian 5: T his ordin�nce shall be in full �o-rce ana effect, five days from and after it� �assage , a��proval ' and le gal publi cation. ` , :m ,�ppr oved t hi���th day o f I�;iar ch 19�1. �ayo r Passed thi�'��� c�_ay af �iarch 19�1. City Glerk ���prov�c� as to �r orr�. City AttQrne�r. � �. � �<..,;�' I�te of �irGU �u��licaUion: TvTarch..�h, 1921.