city of tacoma
File #: ORD-8414    Version: 1 Name: LID Bond
Type: Ordinance Status: Passed
File created: 3/18/1925 In control: City Council
On agenda: 3/18/1925 Final action: 3/18/1925
Title: Ordinance No. 8414
Attachments: 1. ORD-8414
Related files: ORD28638
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An ordinance providing I-or t'lo-.e -uarantee of J@ocai

provernent bonds in. the I-Jity of Taco@,,,a; Creating a func,, ior the

purpose of Guaranteeing to the extent of such fund oonds isz-uea

against local im-rovement dietricts for local improve'.1-i-ents,

therein; declaring the election of the 1'-@'ity of to o@erate

said guaranty fand under the provizions oi 3hapter 141, L''aws of

19-23 of the State of --Brad for t.!ae transfer of

all assets of "'.-,L-he L'ocal Improvet'lent Giuarantee Fund" created under

OrdimLnce rNo. 7567, to the -uEiranty fund created hereunder.

7 L-EAZ!, pursuan,t to Ordinance -Nlo. 7567 of the Gity of
4111 I@Lz @ Ij

Tacoma the City of' Taco-.rna Provided for the guarantee of local

improvement bonds and created a fund therefor pursuant to the

Provisions of @@hapter 138, Laws of 1917 of the State of

ton, and

the City oi f
-,-S, acoma now elects te 2aid
to opera

local imilrovet-fient --uarantea und under the 1;.,vovi-@-ions; of 3"hapter

Lavis of l9f2'35, of the State of '4`I4`ashinL.+Von, ".0'- .:Sir:,

'Lac 0it

e Laws o
Section 1. ihat in acccruan.,- V, itt `hapt,,@T- 141

19-23, of the 'State of .ashin@,@-ton, the V- i t V 0 fTar-oiffla li-lerei@,y elects

Zecti@;n 2. @Ihat in accordance i@iith Chapter 141, L,@@ w s
of 1923 of the State of ','aehin6,-Aon 'the 0-@ity olf' '-.'Lacoma hereby
elects to establish and create a funud for the...

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