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HomeMy WebLinkAbout632 d ,. .' .,......~ . .. << vRDINANCE NO. 632 ,tJ..l.\ OhJIl,AlJC';:;: .r..stablishing in the treasury of the Ci t~7 of Auburn a fund to be kno\vn flS "~Street H.E. Condemnation Fund"; providing that all moneys to be paid into the treaSl.:tr~7 of the City of Auburn on account of the cost and expense of the condemning, appropriating, damaging and taking by the City of A~burn of certain lands for the purpose of widening, extending and improving that certain public street in said City known as lie street ..,.E.", shall be paid into and credited to said "0 street ..,.E. 0ondemnation .b'und"; providing that all such cost and expense, except compensation for legal services, and all the cost and expense of spreading, levying, and collecting the assessments for such iuprovement against the property specially benefited thereby, shall be paid by warrants drawn upon said lie street l~.E. Condemnation Fund"; prescribing the form of warrants to be drawn upon said "C street II.E. Conde:mwtion ..mnd"; and providing that any warrant to be drawn upon said fund which shall not be paid for want of fU.nds, upon presentation to the vity Treasurer shall bear interest at the rate of eight (8) per cent per annum from date of suet presentation until called as provided by law. .LHE CE.1Y COUHCIL OF '~HB-' CITY O.c' AUBu,nH JO uHJAIl; L.S l! OLLOWS: .. SECTION I: ~hat there is hereby established in the treasury of the City of Auburn a fund to be known as "c street n.E. \;onctemnation l!'und"; and that all mone~ls to be paid into the treasury of the vity of Auburn on account of the costs and expenses of the condemning, appropriating, damaging and taking, as provided by Ordinance .l.'0. 628 of the ordinances of the C1 ty of Auburn, by the City of Auburn, of certain lands for the purpose of laying off, opening, widening, extending and est;}blishing of C street ~.E. in said 0ity, shall be paid into and crediteJ to said IIC street Il.E. 0ondemnation Fund"; and that all such cost and expense, except compensation for legal services, and all the cost and expense of spreading, levying and collecting the assess- ments for such improvement as provided for by said ordinance .l..o. 628 against the property to be specially benefited thereby, shall be paid b~7 warrants drawn upon said lie street .l.,..E. Condemnation Fund" . SECTIvl: II: That all warrants to be drawn upon said 'c .....t ree t ..,.E. Condemnat ion .h'und" shall be sub st ant iall;)7 in the following form, to-wit: "CITY OF AUBURN . Ho. Auburn, .i[l.shington, 1927. ~ay to , or order, C dollars, from any moneys in C street I~.E. vondemnation ~und for the condemnation and widening of v Street ~.E. under Ordinance ~o. 628, not otherwise appropriated. ~his warrant is not a general debt against the vity of Auburn and is payable only out of the proceeds from the collection of special assessments made for the condemnation for which it is .J ... .- - issued ~nd bears interest at the rate of eight per cent (8%) per annum from date of presentation until called. To the ~reasurer Jf the City of Auburn. Condemnation .cUND Warrant. Mayor vi ty Ole rK:" SEc:non III: That all warrants to be drawn upon said de street -i...B. vondemnation ]'uni" which shall not be paid for want of funds upon presentation to the ~ity Treasurer shall bear interest at the rate of eight (8) per cent per annum from the date of such presentation until called as provided by law. SEO.dON IV: That this Ordinance shall take effect and be in force five (5) days from and after its passage, approval and publication as required by law. UP r. 0 V.L J.J ~ ') I .~ .1.., h---- /.h" i d/9E4~&~. May 0 r -t~~- !. . , ~_ . i, 1927 .l.H Tr,O.t.>U OE.J J:ASSEv 1927 1927 Attest: ./"'1 a r /<//-:/ / / . /VG/~t/ /c~~~ . Ci ty vlerk. ' / .uJ?PRuvED j~S~0 llvHI;l ~.n/~A~~ .. C1 t~ ~A>ttornev. oJ .. Published ,192'1.