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HomeMy WebLinkAboutORD 0330 I ,r ie,r.,;�.,',e,.v�•, �:-�^�...,:;r.�. y�.w.:: �'C""�r�...,, .tw.�•Fr-�.•-•.,•."""L;-'^;•,'.,�i.'M", «, .., ..ax._ �r*:.�, ,....� . ., . , ,". �, , ,.. � . "��� iI (Imgrovement Ordinance Bonc� Farm.) � ..�� ������ 1��t� /__ ��_` f� ,, � `�`��.°�'.. I 4�t1 4ti$.�lA�1��Q���Yj �a'��:'. /�... J ✓ �/ � I fl I I {3R1}INANCE NO. ...:.::.:.::..---.. , . AN pRI�IN�NCE PR.QVII7TNG FC1R '1'H� INIPRO�rEIVIENT OF '�iI2L�,'� pOT"�1QA, I' of �ed.ax Street ba�c+.ded �m �h� l�oxth b� the S���h line Q� �hird ,��re« and. i ;;�a�,:� ;,}'� , o�. the �au�h b� the ���'—li.�e of See��on Street � , I (insert stxeets or �aortions thereof �a be improved) bv (spPcifyin;;� nattlre of irripraveiuent) � � ' gr�cling: g�r'�.�relli�g �.nd g�.tteri�ig �1ae �ame I I all in accordance wit11 R�esolution No. .],",��,._. of the City Council of the City of R.enton, creatinb �i local Iimprovement district therefar, and providing that paynient for said improverrrent be made by special as��ess- I �xlents npon property in said distriet payable by t17e znade of "P�.yment by Bonds." ' '1`HE' CI�.�Y C'OUNCIL QF TT�E CITY OF It-ENTON DOES 4I�DAI� AS F(?Lli4V4'S: ' sect�on r: ��,�t p�r�io�. . �f Cedar Street ba�,,dec�. o�. �he �ox�h 'b� the :t��z.�h l�.n� a�' �h�.rd �Ave. ��d r�n �he Sc��.��. b� �he �z��.--�l�n� a� See��.c�n �y,, �`�a�e�t (insert streets or portions thereof ta be improved) be irnpz°oved by (specifying na,ture o£ improvement) g,rad3�.n.�s gr�z4e11ing s�.c� g�a.�ctering the �ame and that such other work be done as may be neeessary in connection therewith, accordinb to the plans and specifications therefor �repared under the direction of the City Engineer and on file in the affice o£ the City Clerk. ' Section 2: T'Yiat the cost and expense of said improvement, ineluding all necessary ant� incident�l ex- penses, shall be borne by and a.ssessed against the pro E�erty included in the assessment district herein�fter created in accardanee with law. The City of Renton shali not be Iiable in any manner for .any portion of the cost and eYpense o£ said improvement, . �i��� '����i�������!�� ��������'�����) I� Sectian 3: TPiat .there is liereby established a local improvenient district to be called "Local Improve- , _ , ment District 1Vu. .._�:'.'__...___," which said district is described .as follows: "Ali the property between the termini of said improvement abntting upan, adja.cent, vicinal or prosi- mate to such partion af said streets and avanues ta a distance back from the marginal lines thereof, as pro- ' vided by law." Section 4: Bonds bearing interest at the rate of .....__..�.... per cent. per :annum payable on or before � �...__...._.. years from the date of issuance shall be issued in payment of the cost and expense af this ' improvement, whieh bonds shali be redeemed by the colleetion of special assessments ta be levied and assessed �, ', upon the prQ,�erty within said district, payable in __..___...�..._._..._. equal annu�l installments with interest at the rate of .._...._`�............. per cent. per annum under the made of "Payment by Bonds," as defined by law and the � charter.and ordinances of the City af Renton. Tilese bonds shall be delivered ta the contractor in redemption of warrants on the Lrocal Improvement District Fund issued on estimates of the City E�tgineer, or the City I of Renton may, at its election, sell said bonds and make st7�h redemption in cash. �I Seetion 5: 2`hzs ordina.nee shall be in fuli force a;nd effect five (5} days from and after its passage, a��proval and legal publication. � APProved this .....°�..�......... day of .... .............�--. ....... ,..--, 91.:�.._. � ��� C����,� .-��.. ........ ........... .....................................�------............. � Mayor. I Passed tliis .._....�;.�........ day af ..... ................ ..............., 191....�.. ! Ga_��� �._.- ��.r.�' / �^-� a. I �---" - ' <...: ... �'"�-�""��'""�. ,._._..._.............._........"""'.c"'`s'=-s....:. .'-'., ..,' '--'..__...' --t. I / City Clerk. ` Date of first publication .. ....... �-:........ . �/.�.,../�...�.�.7..�`� . ... ............. . �