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HomeMy WebLinkAbout0543110 aORDLYA.YCR j O all tRRDINAGGE i E ISSUANCE ; AND '"-.. .DETHIG1THE'- ISSUANCE)• AND i; �E8 OR?LOCALI- IMPROVEMENT Ili NENSES- PAY . THE- COST :. AND !",-.EXPENSES,, OF IMPROVEMENTS E ORDERED IN AND BY ORDINANCE •,-•DISTRI.0 IN -LOCAL� IMPROVEMENT t'' DISTRICT NO. *94. -OF�HE CITY OF PORTJANOELES: titled,; "An.. Ord - .inance, ordering;othe•,Improvement of .Certain., Part:C.of,:7 Albert. :.. Eunice.' 4Race. Washington..Chambers. JOnes Llb9rtr : Ennis. Columbia. First Sec opd. r Third.'. Foprth.: tFitth.1. Sixth. SerenthI Font end! Francis . Streets fin the Clt� of •Port Angeles: denting Iafoi apd. providing o .the• cpayment�i -: theregf:.b) :special 'assessments apop . the. property. within said District. se- =cording to benefits . received and: the -,;'Mode. of. Payment-by' Bonds 4 -'a-; .. ^- .Approved May. 12..I Nineteen; Hun -. dyad tFlfteen.'prescrlbIng the trate \.;00 interest. on. Bald • bonds,' tor: their' . sale -and_ dgLir ry, terStleot -pa) pent an, flxing the date of -their issuance. ate-,, -:r PV'IT='i THE CITY .:COUNCIL.- OF.THE' CITY' OF PORT 'ANGELES DO ORDAIN_ yaK 4S FOLLOWS -,I-.,...r X.1ir3 kjt. r7.Sectbn L.^ -That the slayor, and City. Clerk be and they are 'hereby, author Iced and' directed( to issue ,local -• lin provement' bonds for,; Local Improve ment=.Dlatrlct No. .34.r. or. the' City,, of 'Port" Angeles: ,created 1 by said; Ordln once- 7140. .. 497.. approved MOIT twelve' Nineteen, Hundred - Fifteen. .end- .In.:ac -. eordance with .law: and the ,ordinanc -of the' City :bf Por-Angeles.; in -the -sum; net Seventy -One; Thousand SIx'Hundre Thirty Two and •`431100 ($71.032.43)- Dollars.9P,'tj -'i" ,,,e,2, 61,61,SO4 s U'Sectlon 2..,That the'mode ,:form- of the execution of,eaid :bonds hall he as : prescribed _by. the laws of tb'v State' of; Washington. and the ordina cequof, the City ;0! Port A Angeles Fappllcabiq. thereto am twhen so- issued— dui executed by: the Mayorland C1 erk, with the seal of the City affixed ere- to, by.the' "City Clerk.♦ the sa1d�'+Oiler shall then deposit themi with the ICI. .Treaaureriand be • by.hlm dative?gd o the purchaser or - purchasers,.;thpi of Ills' receipt of the' price,of'. Ir•: sale not;. less •than - thelr'par vat - In cash -or.• arrants - of,' said - distri 'both such warrants and'cash 4'w5 UpSectionf3,- ?1That gala .bonda::eh made payable s on or •' before ; ^Tateve , (12) yearn.; from'-the '. date of; their is-' :nuance$ the ?assessments In said,, 415 -. trlct being, payable t ln`;ten (10)'.equal' annual•Installmentsaand esaldd,"bords'' shall s bear; iintereet- tfromi,'their dat�g at' the rete' ¢. 01 seven per cent: (770- per,,annut) such Interest_ehalk be,p 'V able annually sl,They.ipahalll belles ell In fdenominationa of One,Huedred: I= tars ($1,00 00) each .excepts the tf which willIbe lssuedlior the.frac sumo rot ;Thirty-Vein ;and:431109j ($3_ 'Dollars.. each. bond shall ,.have: attaq 'thereto1A Interest coupons for eacl1't1n -,, 'terest;Dayinenq and. eaca'bond shall be Anumbered i from 'one (1) 'upwards consecutively.I," and signed by:p the Mayor and.';Cityi Clerk., provided ;that said coupons' may have:printed- th'eteon J the lac - simile, of the - signature of Abe Mayor. and :: Clerk. <n,'1~..1,0 -ea-=