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HomeMy WebLinkAboutORD 1169 .. ______. f� ,y A � (Improvement Ordfnance Bond Form) ORDINANGE NO._...1169 _ : AN ORDINANCE PROVIDING FOR THE IDZPROVED4ENT OF Block 6, Smithers Fifth Addition to the Town of Renton iqc , ���at by the extension of sanitary sewer system by laying an eight1inch vitrified clay pipe 200� feet south from the center �ine of al�ey in B1ock ,Six (6) and 200 feet of six-inch vitrified clay pipe from that point south al,ong said center line of said alley, and doing such other work as may be necessary in connection thereznrith, all in accordance with plans prepared X,'3ff��������$���i��wZ���r�����ie�Xi.rxi����x by the City �ngineer. all in accordance with Resolution No,._`.�.�.92..._.. oY the City Council of the City of Renton, creating a locai improvement district therefor, and providing that payment for said improvement be niade by special assessments upon property in said distric� payable by the mode of "Payment by Bonds." THE CITY COUNCIL OF THE CIT� OF RENTON DO�S ORAAIN AS k'OLLOWS: , se�t�oz� x: �nat Bloc$ 6, �mithers Fifth Addition to the Town of Renton, be improved by the extension of sanitary sewer system by laying an eight-inch vitrified clay pipe 200 feet south from the center line of alley in Block Six, and 200 �'eet of six-inch � vitrified cl�y pipe from �hat point south along said center � line of said alley X�i.�L��&X�ffi�,'.�1i����#�����xx.,�����x'*��'�7't and that such other work be done as inay be necessary in counection therewitli, 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 c.ost and expense of said improveinent, includiug all uecessary and incidental eaZ�enses, shall be borne by and assessed a.gainst tlie property included in the assessment district herein- after created iu accordance with law. The City of Renton shall not be liable in any manner for wny por- tion of the cost and expense of said improvement, except as herein provided. (insert appropriate proviso for contribution from the Generai Fund if any) C' Section 3: That there is hereby established a local imprOvement district to be cailed "Local In�- � proveulent District No.____2iQ7____," zvhich said district is descriUed as follo�i-s: `All the property bet���een the termi}ii of said iinprovement abutting upon, adjacent, vacinal or prosimate to such portion of said streets and avenues to a distance back from the marginal lines thereof, as provided by law." Section 4: Bonds Uearing interest at the ra,te of__S1X.___ per cent. per annum payable on or before _B.23t.B11._._.._.___years from the date of issuance shall be issued in payment of the c,ost and expense of this . improvement, which bonds shall be redeemed by the collection of special assessments to be levied aud • � assessed upon the property within said district, payable in___f_j.VB-__equal annual instaliments with inCerest at the rate of__.._sl�._.._..per cent. per anuum under the mode of "Payment by Iionds," as defined by law aud the charter and ordinances of the. City of Renton. These bonds shall be delivered to the contractor in . redemption of warrauts on tlie Local Improvement District Fund issued on estimates oY the City Engineer, ' or the City of Renton may, at its electiou, sell said bouds and make such redeznption in cash. � 8ection 5: 7'his ordinauce shall be in fuil force and effect five (5) days from and after its passage, , , _ approva.l and leg�a.l publication. , Approved this ___.2�'tiY7.....__ day of_.__.._Oc_tober____., 19�+____, .. M ���/---���G��...�. __s�t�'T-'�`-----•--- -------------- --- Mayor. Pa,ssed this _._.2Q��-----.-- day of ---- Qctober--_---.--, 19'j.2�..._. ' � � ' . � __---- -- -- -- -- - -- -- ------= -- - - ----•••�••- City Clerk. ' Date of first publication_._._._OCtObEr._22� 1.942♦ '