Ordinance 1452 - Laserfiche WebLink

11 ORDINANCE NO. 1W). An ordinance relating to certain city dock bonds to be issued pursuant to Ordinance No. 1407 of the city of Everett, entitled "An ordinance providing for terminating the lease of the city dock property heretofore made with Coleman & Fogarty and now held by the City Dock Company, a corporation, for the purchase and taking over of all the improvements placed on said property by said company or their assigns, for the construction of an extension of the wharf, together with additional buildings thereon, for the issuance of special negotiable bonds to raise revenue with which to take over and pay for said improvement and said new construction, together with all necessary engineering expense, creating a city dock fund, authorizing the service of the necessary notice on the lessees of said property, and submitting said ordinance to the qualified voters of said city for ratification or rejection at a municipal election to be held June 18, A. D. 1912"; providing for the date and terms and form of said bond, and providing for the lithographing, printing, issuance and for the sale of said bonds, and declaring an emergency. WHEREAS, pursuant to Ordinance No. 1407 of Everett, entitl- ed as above stated, and passed May 13 , 1912 and approved May 14, 1912, said ordinance was duly submitted to the qualified electors �---of said city for their ratification or rejection at a general munici- pal election held on the 18th of June , 1912, and WHEREAS, said ordinance provided that the city of Everett * ' should take over and purchase all improvements on that certain real estate owned by said city and known as the City Dock property, the purchase price of said improvements to. be determined in the manner provided by the lease of said city' dock property to Coleman & Fogarty, and said ordinance further provided for the construction of an extension to said city dock or wharf, and further provided for a loan not to exceed sixty-five thousand ($65,000) dollars for the . purpose of paying for .said improvements and for the construction of t .