Ordinance 3900 - Laserfiche WebLink

V -, . . L Begin at the NE Cor. of Lot 1, Blk. 3, Plat of Vista Heights ; th Wly along the N line of said Lot 1 for 2 .0 ft. to the T.P.O.B. ; th Sly along the centerline of the block as now established lying east of the E line of College Avenue between 47th St. and Evergreen Dr. to the N line of Ever- green Dr. in the Plat of West Ridge; th SEly to a point on the N line of Lot 63, Plat of West Ridge, which point on the centerline of the block lying Ely of and abutting on College Ave. between Evergreen Dr. and Vesper Dr. ; th Sly along said centerline to the N line of Vesper Dr. ; th Sly to a point on the S margin of Vesper Dr. which point is on the centerline of the block between the E margin of College Ave. and the W margin of Sperry Lane; th Sly on said centerline to the N line of the alley which lies adjacent to the south line of West Ridge Add. ; th Sly along the center- line of the block which lies Ely of and abutting on the E margin of Broadmoor Ave. to the centerline of Woodlawn Ave. in the Plat of Cascade Terrace Add. to Everett; th Wly along the centerline of said Woodlawn Ave. to an intersection with the centerline of the block lying Wly of an abutting on the W margin of Broadmoor Ave. ; th Nly on said centerline to the N margin of Cascade Terrace Add. ; Div. No. 2; th Nly along the centerline of the blocks lying Wly of and abutting on College Ave . to the S line of Vista Heights Add. ; th Nly along the centerline of the blocks lying Wly of the west line of College Ave. between the N line of West Ridge Add. and 47th St. in the Plat of Vista Heights to the centerline of 47th St. ; th Ely along the centerline of 47th St. to a point N of the T.P .O.B. ; the Sly at right angles to last described line to the T.P .O.B. Section 4: A special fund is hereby created to be known as "Local Improvement Fund No =;7 ", which shall consist in the aggregate of the several amounts levied, assessed and collected on the several lots, tracts and parcels of land in said local improvement district, and the sum of $5,214.28 con- tributed by the City of Everett Water Department, and the proceeds of the sale of bonds in said district for the purpose of defraying the costs and expenses of such improvement. Out of said funds shall be paid the bonds, the interest thereon and the entire costs of such improvement. Section 5: The costs and expenses of such improvement, except the sum contributed by the City of Everett Water Department, shall be defrayed by special assessment payable in ten (10) equal annual installments with interest thereon at the rate of six percent (6%) per annum, under the mode of payment by bonds as provided by law and the ordinances of the City of Everett . Bonds bearing interest at the rate of six percent (6%) per annum payable on or before twelve (12) years from date of issue, shall be issued in payment of the costs and expenses of such improvement, or the City of Everett may,at its election, sell said bonds and make payment in cash in the manner provided by the ordinances of said city. Attest: ��2‹..-� J � / / icy Clerk Passed: August 7 , 1962. Published: " `� , 1962.