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Ordinance 514A.r 0rdinarce constructior by the system of sewerage, providing for the is negotiable eoupot bo Dollars, for the pa for ratification or at a special electi❑ 1938. WHEREAS, the C❑ ington, deem it advi supplemental system said City, pursuant the estimated cost o to be paid by the ;; bonds of said City i LOW, T j 0& , ordain as follows; SECTICI I:That as a s ys t em or plan ar.� additional 'and su to -wit: SIT: TRUL]i cer_ter lines of Sec o Edmonds, 4:e.shington; or Second ,Street pro tingle to the left S8° 265 feet 'more or les.. also begir_ning at angle to the right 6C of the right of being it Government Two, Section 24, and ga.st MAID: tRUrK Dayfo�r Street Trunk fall from the most 350 feet more or lest Co: OBDIBALCE LO. 514. pecifyitg and adopting a system or plat for the City of E dmox ds of ar additional and suplemental declaring the cost @reef as rear as may be, scarce and sale by the said City of its general ids for the sum of Lire Thousand ( 9, 000, 0O) ymert of the cost thereof and submitting the same re jectior to the qualified voters of said city n to be held therefor or the 9th day of September Authorities of the City of Edmonds, Wash - sable that said City construct an additional and of sewerage to be owned and controlled by the to the system or plan @rejnafter proposed, at f Line Thousand (9,000,00) Dollars, such cost seance and sale of general negotiable coupon z- said amount, the City Courcil of the City of Edmonds does (he following is hereby specified and adopted proposed by said City for the construction of pplemental system of sewerage for the City, )- B'eginrirg at the irtersectior_ of the �_d Street and E'dmoris Street ir the Plat of thence l\orth 29° 11' 'East along the center lire luced for 1082.9 'feet to station_ 10 82.9; thence more or less for 340 feet; therce westerly to th'e 'outfall into E'uget S'o`urd. the above mentioned station 10'82.9; th'erce °41' for 380 feet to a point or the easterly way 'of Third 'Street ir the City of l:dmords , lints.. ore and two, S'eotior 23, 'a'd Goverrmert Lot the abuttirg tidelar_ds thereto, in TowDah'i'p 27 Also to improve th'e outfall of existing ;ewer by ir_oreasirg the size to 24" of the out- r terly manhole -• westerly for a 'distance of to the poit of discharge irtl Puget aou'nd, 265 being in Government Lot Two of 'said asot'io'r. 23, era the abutting 'tide- lands thereto, in Township 27 E orth, B:az'ge 3 E'ast , W.L. The above includes all 'necessary outfalls, catch 'basirs,maL- holes and other necessary apperteneroes, and the secyring of right of way. S'ECTIOI. 2: That the entire estimated cost of said addition and su.pplemerta.l Sewer system or plan is hereby declared to be, as ne:- 'as may be, Eighteer ($18,009,00) Dollars, of which cost line Thousand (e9,000,00) Dollars is to 'be cortributed by the Federal Goverment order the 17.2.11.. plan of Federal assistance, and the remainder of the cost 'of said system, rine Thousand (091000,00) Dollars, will 'de a general indebtedness of the City of E'dmor_ds end oayable from gerer .l obligation bonds of said city as 'herein_ provided. SECTIOI: 3.: ;T;h t 'sal .d City incur a 'general indebtedness in the sum of N'iire Thousand (09',009,O0) Dollars for the purpose of securing funds to meet theeOst of Construction of the above additional eta sugl:' e- merta.l system or plat; that it issue its generalnegotiable coup°. bonds for said sum, which bonds shall be in denominations of P'i 'an- dred ( 'S00,00) Dollars 'each to be Lumbered from one to eightee: . inclusive, shall blear interest at not to exceed five per cent {'S%) pre ar xuln, payable semiarrualy, and dhallbe payable both principal. and irtereet at the off iee of the City Treasurer of said City or at the 'fiscal agency of the State ofl ashirgtoh at the option of the holder• The various 'annual maturities of said 'bonds 'commerciz with, the second year 'after date of issuance and ending twenty years after date, and shall, as near aspraeticable, be it such amounts as will, 'together with 'the interest on all outstanding bonds,'be met by an equal anrfual tax levy for the 'payment of said bonds 'and interest. BEC IOO 4: A 'special election Shall be held; in 'said Zitof tdmonds, On the 9th day 'of ,S'eptember, 1938, at which 'there shall be submitted for ratification or re jecta.or. 4-the Qualified voters of said City the proposition of coxstruo'tix g saidsystem 'of sewern.s e Pur- suant to the additional t''r.d supplemental system Or plat hereirbrfore specified, 'adopted and proposed at the aforesaid 'declared, 'estimated cost !r'. the issuance and sale of said bonds to pay the cost thereof. 'S c lIO1 'a: That the County gleotior Board of S'rohomish County, -Washi'ngton, be and it is hereby requested toprovide places in Said City of ::;Q..,;ifld8 for holding such election, to appoint the election officers thereof, to provide for their compensation, toprovide 'ballot:: boxes and ballots or voting machines, poll books and tally Sheets therefor and deliver them to the Prdoinet Election officers it the polling places and to 'publish 'and post notices of said election in themarner provided by lair. SECTION 6: Tf three -fifths of the qualified 'voters of said City voting at said election upon said proposition, shall vote in favor thereof such 'vote `shall 'constitute thereby a ratification, adoption and assent to the proposition so submitted and said City shall there- after 'beauthorized,, 'by 'and throgh its corporate authorities, :'to pro- oeed with the issuance and sale of said boras and the construction of said supplemental and' additionalsystem' sewers. SECTIOi 7: ?he proposition hereby submitted 'shall appear upon the off ie ial ballot or voting machine in the following form: 'ahallthe City of 2dmords Instruct an additional and suplemental'system of sewerage all as provided under Ordinance :fii'o.514 of said O'ity, at an estimated cost 'to said. city of lire Thousand (: 9,000,00) Dollars, and issue its general, negotiable 'coupon bonds for Said 'amount, in dexominatioris of five hundered ($500,00) Dollars each, nudbered lone -'t'o eighteen, inclusive, 'fearing 'i'zterest at the rate 'of not to exceed five per cent (5A) per arrum, payable semi-annuo.y, payable' both principal aid Interest at the 'office of the City Treasurer of said. 'city o!r at the Fiscal Agency of the State of Washington at the 'option 'of the holder, said. 'bonds to 'have various annual maturities 'commencing with the second year after date of 'issuance and ending twenty 'Years. after 'date, 'and shall, as nearly as practicable, be-i'n'such amounts as will, together with the int interest 'on all outstanding bonds, be met by arc 'equal a�ival tax levy for the 'payment of said 'bonds a'nd interest for the purpose Og tpeYing the cost of 'constructing the additional and supplemental 'system Of sewerage pursuant to the system of 'plan 'specified, adopted and proposed by 'said drdinanc'e , to -wit: 'MLI1\ TS "ES1ER:, '- Eegirhning at the intersection of the center lire of S'econd Street and Lc omds Street in the Plat of Edmonds, Washington; 'thence North 290 '11' 'fast along the 'center 'line of 266 Second 'Street rodueed:for la82`:9:feet to `station '1Q'g2.9;theree angle to the 'left EiBv more or less 'for 340 'feet; 'thence westerly '265 feet ,zone 'or 'less to the outfal? ` rto Puget Sound. Also beginnirgaat the 'a`b'ove mentioned 'station 10 S:2.9; 'there's a igle to the .'night 60 41' for '380 feet 'to 'a_point -bin the easterly side 'of the rigth of way 'of Third Street in the ,e'ity of Edmonds, being is Government Lots one and two, Section 23, and,Government lot Two, Section 24, and the abutting tidelands thereto, iraown- ship 27 1 orth, Range 3, East W. M. MAIL; TRU%Z SEWER: + Also to improve the outfali of existing Dayton Street Trunk Sewer by increasing the size to 24" of the out - fall from the most westerly manhole - westerly for a distance of 350 feet more or 1Oss to the point of d lscharge into Puget Sound, being in Government lot Two of said Section 23, and the abutting tidelands thereto, in Township 27 Lorth, Range 3 East, W. M. The above inbludes all necessary outfalls, catch basins, manholes and other necessary appurtenances, and the securing of right of way. II FAVOR OFthe above Proposition. AGAINST the above Proposition. Every qualified voter who desires to vote in favor of the above proposition shall mark an "X" in the square opposite the statement "In favor of the above Proposition", and every voter who desires to vote against said proposition shall mark an "X" in the square opposite the statement "Against the above proposition". SECTIOF 8: In the event the proposition hereby submitted shall be ratified by said special election, then said City by Ord- inance shall provide the form and details of such Bonds and shall provide for the levy of annual taxes upon all the taxable property in said City sufficient to pay the principal and interest of said Bonds as sane shall fall due. SECTI01"9: I This Ordinance after its passage and approval by the Mayor and attestatior by the City Clerk take effect upon its publication as provided by law. PASSED this 19th day of July, 1938. ATTEST Geo. M. Leyda City el erk Published: July 22, 1938. P. A. Pourtner Mayor. I hereby certify that the above and foregoing is a true and correct copy of Ordinance T;o 514 of the City of Edmonds, Wash. City Cler