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. - ✓ <br /> Lots 1 to 33, inc . , Replat of Blk. 683, Plat of <br /> Everett. <br /> Lots 1 to 16, inc. , Frac. Lot 25 and Lots 26 to 32, <br /> inc. , Elk. 717, Plat of Everett. <br /> Lots 1 to 32, inc. , Replat of Elk. 718, Plat of <br /> Everett. <br /> Lots 17 to 32, inc. , Elk. 719, Plat of Everett. <br /> Section 4: A special fund is hereby created to be called <br /> "Local Improvement Fund No. 648 ", which shall consist in the <br /> aggregate of the several amounts assessed, levied and collected <br /> on the several lots, tracts and parcels of land in said local <br /> -i <br /> improvement district_c � and the proceeds of the sale of the bonds in <br /> A <br /> said district for the purpose of defraying the costs and expenses <br /> of such improvement. Out of said fund shall be paid the bonds, <br /> the interest thereon, and the entire cost of such improvement. <br /> Section 5 : The costs and expenses of such improvement <br /> shall be defrayed by special assessment payable in ten (10) <br /> equal annual installments with interest thereon at the rate of <br /> four per cent (4M per annum, under the mode of payment by bonds <br /> as provided by law and the ordinances of the City of Everett. <br /> Bonds bearing interest at the rate of four percent (4 ) per annum <br /> payable on or before twelve(12) years from date of issue, shall <br /> be issued in payment of the costs and expenses of such improve- <br /> ment, or the City of Everett may, at its election, sell said <br /> bonds and make payment in cash in the manner provided by the <br /> ordinances of said c_ity. <br /> e54-?-74 <br /> M I1 Y 0 R <br /> 4,7?t; <br /> )4.Zi-÷ <br /> C l.K <br /> Passed: ° , ;? 30, 1957 <br /> r_ : .uC? ,. 1 1957 <br />