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HomeMy WebLinkAboutORD 0484 . _ . ���'� . ��� D . , � (Improvement Orciinance Bond Form.) �'� l_ APR 1 3 1��� ---------------------- . ----------- cicrlc �� , Gity - I ORDINANCE NO. _,".____._._._.. � � A\� ORDI\��1'C� PROVIDING FOR �TI�I�: I1�TPROVEItE\�'� OF � � +�Jilliams Stre�t, in the original town(now city) of Renton,�ashing- ton,by construeting concrete sidewalks in front of and alon� the following named lots and block abutting upon said street to wit; Lots one,six,�even,ei�ht,nine and ten in block nineteen--Lots el�ven, twelve anci thirteen in block twenty seven--Lots ��x one, two, three, four and five of block twenty two--I,ote twelve and b o. k "A" an 1 t thr�e�of block twenty all in accorclance «-itti R�esollition \o. __2�_�..___ of the Cit,y- Colincil of tLe City of Re�iton, cree�tin�; <� iocril improve�rierit district therefor, anc� providin� that p�yment for 5aid iinprovement be made by special assess- n�etits lipon propei°t�� in said district payable b�� the z��ode of "YaSnient by I3onc?s." TIIE' CITY COL�\CIL OF' 'lHE CI'1'Y OI� YE\TO\ DOE�S O-RD�1I\ �� FOLLO���S: �e�t�on 1: �1,11:1t ��illiams street, in the original to�vn (now city) o_f � Rentor�,Washingtor,be improved by constructin� concrete sidewalks . fsix feet in width) in front of and along the following named lots and block abutting upon sa�d street to wit; Lots one, six, seven,ei�ht,nine and ten in block nineteen--Lots eleven, twelve and thirteen ir block twenty seven--Lot� one , �wo, t'riree, four and five of block twenty two--Zots twelve and thirteen ���`�?�x��������'��x�x��������R�x��c���������Rx����� of block twenty si�---�1ock "A" and �.ot �'�re� uf r1ocY.. t�;ferty� and that stich other �eork be doiie as may be necessar�� in connection therewith, accorc�ina to the plaiis �lnd specifications therefor prepared under the direction of the Citv Erigineer and on file in the office of�the City C1e�1,. s�'hich said plans and specifications are hereby ex�ressly approved. Section 2: T'hat the cost and eYpense of said im prove�nent, �ncludina all necessary an�l incidental e�- penses, shall be borne by and assessed against the pro�ert� included in the assessment district hereinafter created in accordance with law. The City of Renton shall not be liable in any i7�anner for any portion of the cost and expense of sa�id improvement, except as here in provided. (���t�������a��.����l�r�c��ac���xa�3�3cnaIIt��� Section 3: That 1 �re is hereb�� established a loeal iinprovenient aistrict to be� callec� '`Loca1 Improve- rnent District \o. ____��__," �vhich said district is describe�d as follo��s: "All the propert� between the termini of said improvenzent abnttina upon, adjacent, vicinal or prosi- n�ate to such portion of said streets and avenues to a distance back fro� the marginal lines thereof, as pro- vided by law." Se ' n 4: I3onc�s bearina interest at the rate of ______�.__ per cent. per �innum payable on or befor�� _�_.__ years from the date of issuance shall be issued in payrnent of the cost and expense of thi, improve�i�ient, tivh�ch bonds shall be redeemed by the coll ction of special assessinents to be levied a�nd assesse��� upon the prop ty within said district, payable in _______�___.___ equal annual installments with interest at th�� rate of __...____�___.____ per cent. per annum under the mode of "Payment by I3onds," as defined by l�w and the charter nnd ordinances of the City of R�enton. These bonds shall be delivered to the contractor in redemptiozi of «�arrants on the Local Improvement District Fund issued on estimates of the City Engineer, or the Cit� of Renton ma�; at its eleetion, sell said boncls and mal�e such redemption in cash. , Section �: '1'his ordinance sha�ll be in full force anc� effect five (5) da5�s from and after its passa�e, ��pproval and le�al publication. �pproved this -------�--••-- - - - day of . - � -- ---- �.. •-- ---- --� 19 —'�./�_. �������� � - - --- --- - - - -- _ - - - - - _ - - - .'llayor. Passed this ......_.�.�.f........ � ��- day of .._...-��Z�2�., -- �--- --� 19�-=-` • -.�:�. � �-----�-�----.... - .. - - -- � --- .-,_- -- - � - - --- �^�� City Clerk. Date of first publication _. .......�,�/c'��f ` �� J � � -� --�---� -� ------ -�----�----...-�-�---=-�----- �