Ordinance 1407 - Laserfiche WebLink

R y1 L. C AL_L ORDINANCE NO./40 YT An Ordinance, providing: for terminating the lease of the City dock property heretofore made to 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 assignors , for the construction of an extension of the wharf together with additional buildings thereon,, for the issuance of spec- ial negotiable bonds to raise revenue with which to take over and pay for said improvements and said new construction together with all necessary engineering expense, creating a City Dock fund, authorizing the service cif the necessary notice on the lessees of said property, • and submitting said ordinance to the qualified voters of said city of Everett for ratification or rejection at a municipal election to be held June 18th, A. D. 1912. THE CITY OF .EVERETT DOES ORDAIN: Section 1. That it is the intention of the City of Everett, on the 10th day of August , 1912, to take over,. purchase and possess itself of all the improvements on certain real estate in said City , belonging to said City, and commonly known as the City Dock in ac- cordance with provisions of a certain lease cof said dock given by said City to Coleman & Fogarty, TrUs teen :. aand ,to terminate and cancel said lease. The Mayor of said City is hereby authorized and required to give to the said lesses or their assigns the necessary sixty days notice of said intention as provided in said lease and the Commissioner of Public Works , or his proper representative, is hereby authorized to take possession of said improvements and said property on August 10th, 1912, and thereafter to control and operate and maintain the same under the direction of the council of said city. Section 2. That on July 1st, 1912 , or immediately thereafter the Council of said City shall 'endeavor to come to a satisfactory agreement with the said lessees or their assigns as to the presen', -