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Ordinance 558Ordi.nE-.:- ce No. 558 An Ordinance providing for, the improvement of Front Street from 1dain street :.:orth to the (Aty limits; the improvement of Second Street fr.!�l Blain Street to Edmonda, Street; the improvement of Fifth Street 'rom B.iall Street to Edmonds Street; the improve- ment of Bell Stre t from L,-ront Street to Fifth Street; The improvement of Eu_�, r.ds Street from 'ront Street to Sixth Street; the improvement of Daley Street from Third Street,to Seventh Streeu and the improvement of Glen Street from Sixth street to Seventh street and Sprague Street from fourth to Sixth street, by grading and leveling the above described streets and paving said streets with a bituminous road type paving mix together with the installation, along said streets, of standard curbs and gutters where suc do not presently exist, and such other work as may be necess--,•y to make c complete improvement; providing that the payment for said improvement be made by special assessment on the property ir, said Improvement District under the mode of payment by bonds for material used, fixed estimate, and all other expenses, except that forty per cent of the cost of pav- ing, including the preparation for paving, shall be paid by the City of Edmonds from the Street 2und. Whereas, by Resol _tion of Intention No. 114 of the City of Edmonds the City .ouncil of,the City of Edmonds has declared its intention to orde the improvement, as above oatlined, together with the doing performance of all other work necessary in connection therew th to make a complete improvement in accord- ance with the p=1__ - s and specifications prepared by the City Engineer. Now, Therefore, the City Council of the City of Edmonds Does hereby Ordain: Section 1: That ,-ront Street -be improved from lain Street North to the City limit,; that Second Street be improved from lain Street to Edmonds Street: that Pifth Street be improved from Bell Street to :.:;odds Street; that Bell street be improved from Front Street to Fifth Street; that Edmonds Street be improved from Front Street zo Sixth Street; That Daley Street be improved from Third Street to Seventh Street, and that Glen Street be improved from Sixth Street to Seventh Street and Sprague Street from fourt,y to sixth Street, by grading and leveling the above described Streets and paving said Stre(:,ts with a bituminous road type paving mix together with the installation, along said Streets, of standard curbs and gutters where such do not present- ly exist, and su:: other work as may be nece_-nary to make a complete improvement. Section 2: That -:.e cost and expense of such improvement, includ- ing all necessary incidental expenses, shall be borne by and assessed against tie property included in the assessment district herein created in aecordancse with law; the City of Edmonds shall not be liable in any manner for any portion of the costs and expenses of such improvement except that the City of Edmonds shall pay forty peg cent of the cost of paving, including the preparation for paving, from the Street Fund. Dection 3: -There is hereby established a Local Improvement District to be called Local Improvement District No. 57, which District shall include the following described property, to -wit: Beginning at th, southwest corner of Block 13, Plat of Edmonds, thence northeaster--"-,;T along the westerly mar, --in of Blocks 13 and 14 to the intersecti.:-- with the westerly right-of-way line of the ::. 323 Great Northern Ztailway; thence continuing northeasterly along said right-of-way line to the north limits of the City of Edmonds, thence east along the north City Limits to a point 141.50 feet east of the easterly margin of r'ront :street extended; thence south- westerly along a line parallel to and 120 feet distant from the easterly margin of :r'ront Street to a point 120 feet northeasterly of and measured perpendicular to the northerly margin of Edmonds Streit; thence southeasterly along a line parallel to and 120 feet distant from the northerly margin of Edmonds Street to a point on the east margin of Third Street; thence northeasterly along the east margin of Third Street * to:_the,, center _.line_,- of the alley in Block 119, Plat of City of Edmonds, thence east along the center line of the alley in said Block 119 to the center line of Sixth Street; thence north along the center line bf Sixth Street to a point 125 feet north of the center line of Glen Street; thence east alon g a line parallel to and 125 feet distant from the center line of Glen Street to the west margin of Seventli Street; thence south along the west margin of Seventh Street; thence south along the west margin of Seventh Street to the center line of the alley in Block 101, Plat of City of Edmonds; thence west along the center line of the alley in said Block 101 to the west margin of Sixth Street; thence south along the west margin of Sixth Street to the southerly margin of Block F, Plat of City of Edmonds; thence north- westerly along the south margin of said Block F to the southeast corner of Lot 5, Block F; thence southwesterly along the easterly lines of Lots 5 and 15 of Block 1, Plat of City of Edmonds to the southerly margin of said Block E; thence northwesterly along the south margin of Block E to the southeast corner of Block 2, Plat of Edmonds; thence southwesterly along the easterly margin of Block 1, Plat of Edmonds to the southeast corner of Lot 4, said Block 1; thence northwesterly along the southerly line of Lots 4 and 9 of Block 1 and the southerly line of Lots 4 and 9 of Block 6 and the southerly line of Lot 4, Block 7, Plat of Edmonds to the center line of the alley in said Block 7; thence southwesterly along the center line of the alley in said Block 7 to the north margin of Main street; thence northwesterly along the north mar- gin of Main street to the point of beginning. �— Section 4: A special fund is hereby created to be called Local Improvement District r`und No. 57, which shall consist in the agg- regate of the several amounts assessed, levied and collected on the several amounts assessed, levied and collected on the several lots and parcels of land in said Local Improvement District, and the proceeds of the sale of the bonds of said District for the purpose of defraying the cost and expense of such improvement, Out of said fund shall be paid the bonds, the interest thereon, and the entire cost of such improvement. C Section 5: The costs and expenses of such improvement shall be defrayed by special assessments payable in ten equal installments, with interest thereon at the rate of five (5%) per cent per annum, payable annually, under the mode of payment by bonds, as provided by law and the Ordinance of said City. Bonds bearing interest at the rate of five (50) per cent per annum, payable on or before twelve years from date of issue, shall be issued in payment of the cost and expense of such improvement, or the City of Edmonds may at its election, sell said bonds and make payment in cash in the manner provided by law and the Ordinances of said City. F. A. Pourtaer Mayor Passes by a unanimous vote of the City Council of the City of Edmonds at a regular session of said Council on the 6th day of August, 1946 Attest: Anita Gust City Clerk Published: August 7, 1946 I hereby certify that the foregoing is a true and correct copy of 0raina�� No. 558 C57� City C]e rk