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► ►. y . <br /> Section 6: The costs and expenses of such improvement <br /> shall be defrayed by special assessment, payable in ten (19) <br /> equal annual installments, with interest thereon at the rate of <br /> not more than six per cent (6%) per annum, under the mode of <br /> payment by bonds as provided by law and the ordinances of the <br /> City of Everett. Bonds bearing interest at the rate of not more <br /> than six per cent (6%) per annum, payable on or before twelve <br /> (12) years from date of issue, shall be issued in payment of the <br /> costs and expenses of such improvement, or the City of Everett <br /> may, at its election, sell said bonds and make payment in cash <br /> in the manner provided by the ordinances of the said City. <br /> CITY OF EVERETT, WASHINGTON <br /> By <br /> MAYOR <br /> Attest : <br /> r <br /> �, <br /> 7Z_ZI <br /> Ci �T ,Clerk' <br /> Passed: NOV 9 1960 <br /> Published: Nov t 0 1960 <br /> - 3 - <br />