Municipal Transportation System Revenue Bonds

Series

Identifier: 1800-12

Scope and Contents note

Correspondence, legal opinions, and copies of legislation relating to a ten million dollar loan from the Reconstruction Finance Corporation to modernize the Seattle Municipal Street Railway System. The City issued bonds to pay for the loan. The system was reorganized as the Seattle Transit System under the direction of the Seattle Transportation Commission. Included are documents outlining the organization and authority of the Commission.

Dates

Creation: 1939-1942

Creator

Seattle (Wash.). Comptroller's Office (Organization)

Conditions Governing Access note

Records are open to the public.

Historical Note

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The Comptroller was responsible by City Charter for supervising the City's financial affairs including administration of the accounting system, payroll system, investments, and borrowing. The Office also maintained a general auditing function. The position of Comptroller was established by Charter in 1890 and was appointed by the Mayor. The 1896 City Charter designated the Comptroller the ex-officio City Clerk and made the position elective. A 1991 City Charter amendment abolished the positions of City Comptroller and City Treasurer and merged the two functions to create the Department of Finance in 1993. The City was served by just twelve Comptrollers during the office's 100 year existence: Chauncey W. Ferris, 1890-1892; J.M. Carson, 1892-1894; Will H. Parry, 1894-1900; Frank H. Paul, 1900-1902; John Riplinger, 1902-1906; Harry W. Carroll, 1906-1910 and 1912-1938; William Bothwell, 1910-1912; W.C. Thomas, 1938-1958; Carl G. Erlandson, 1958-1976; Edward L. Kidd, 1976-1979; Tim Hill, 1980-1985; and Norward J. Brooks, 1986-1992.