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Ordinance 0382* * * k, * * * * * * * * * * * w * - - * * * * - '!r `K * * * * * _t W # ORDIIALCE 10.382 (L.I.D. 38) An Ordinance -ordering the improvement of the Alley in Block ninety-six (96), PUt of the City of Edmonds, from Sixth Street to Seventh Street, by the installation of a lateral Sewer system i% accordance with plans and specifications therefor to be pre- pared by the City Ehgineer and doing such other work as may be necessary in accordance therewith, to make a complete improve- ment, all in accordance with and pursuant to a majority petition filed with the City Council on the first day of March, 1927, creating a Local Improvement District for said improvement and providirg that the payment therefor shall be by the "Payment by Bord" plan. Be it ordaired by the City Council of the City of Edmonds, Washington: SECTIOI 1: That the Alley in Block ninety-six (96), Plat of the City of Edmonds from Sixth Street to Seventh Street, be im- proved by the irstailation of a lateral Sewer system and doing such other work as may be reasonably necessary in connection therewith, all in accordance with plans and specifications to be prepared by the City Engineer of said City and in accordance with and pursuant to that certain petition for said improvement filed with the City Council of Edmonds, on the first day of March, 1927, and which petition is signed by the owners of more than a major- ity of the lineal frontage upon the improvement to be made within the limits and area'of the Local Improvement District hereinafter created. SECTION 2: Than said improvement be made along and in front of the following described property which will be effected by said improvement district herein created and limited to such property for the purpose of assessment as hereinafter provided, t owit : Lots Ore (1) to twenty (20) inclusive, Block Lirety-six (96), Plat of the City of Edmonds. Lots thirty-filre (35) to forty (40) irclusive, Block ninety- six (96), Plat of the City of Edmords. SECTIOT; 3: That the cost of said improvement it said blley shall be assessed against the property above described and a- gainst all lots, tracts and parcels of land lying and being with- in the improvement district hereinafter created in proportion to the benefits derived therefrom as provided by the Ordirarces of the City of Edmonds and the laws of the State of Washington. SECTIO1 4: That the mode of payment shall be under the " "Payment by Bond" plan by which plan Bonds of said District shall be issued payable it twelve (12) equal annual payments or in- stallments with interest thereon at the rate of eight (80) percent per annum. SECTION 5: That the estimated cost of said improvement: is the sum of seventeen hundred fifty ($1750.00) dollars. SECTIOF 6: That there is hereby created a local improvement district to be designated and known as "Local Improvement District 357 Lo.38, which shall include all the property hereinbefore described. SECTIOE 7: That there be,and is, hereby created a local im- provement fund to be known and designated as "local Improvement District jtmd No.38. SECTIOI 8: That said improvement shall be made under the di- rection of the City Council and the City Engineer and in accord- ance with the plans and specifications now on file with the City Clerk of the City of Edmonds. SECTION 9: The Bands to be issued as hereinbefore provided may be delivered ar d sold to the Contractor doing the work of suvh improvement it payment of his services or they may be sold by the City Clerk at private sale, provided, however, that the returns from 10-Le sale of said ?or:ds must net the par value of the same plus accrued interest Ezd the proceeds thereof shall be applied it payment of the costs and expenses_ of said improve- mert . SECTIOT 10: That the special assessmerts to be levied as hereinbefore described shall be payable in twelve (12) equal annual imetallmerts with interest at the rate of eight (8%) per- cent per arnum, and such installments shall be callected in the manner provided by the general Ordinances of the City of Edmonds, and the laws of the State of Washington. SECTIOF 11: This Ordirarce shall take effect and be in full force and effect from and after its passage by the City Counoil of the City of Edmonds, its approval by the Mayor and its publi- eatior according to law. Passed by the City Council of the City of Edmonds in regular session this fifteenth day of march, 1927, and approved by me or the same date. First publication March 18th, 1927. Attest: Ge o-M- Leyda, City Clerk. F.A.Fourtr_er, , Mayor. I hereby certify that the foregoing Ordinance is a true and correct copy of the original as passed by the City Coureil of the City of Edmonds or the fifteerth day of March, 1927. Geo .M. Leyda, City Clerk. I hereby certify that the above and foregoing is a trae srd correct copy of Ordiraree ro.382 of the City of Edmonds, Wash. Geo.P,.Leyda, City Clerk.