Ordinance 3561 - Laserfiche WebLink

• A , •. Section 3: That there is hereby established a local improvement district to be known as "Local Improvement District No. " which district shall include the following des- cribed property located in Everett, Snohomish County, Washing- ton: Begin at a point on the north line of Lot 16, Blk. 222 Bailey Add. to Everett, 90 ft. easterly of the NW corner thereof; th southerly and pll. to the E marginal line of Broadway 28.5 ft. , m/1, to a point which lies on the N and S center line of the block; th Seasterly along the N and S center line of the block for 11 ft. , m/1; th southwesterly along the N and S center line of the block for 6.5 ft. , m/1, to a point on a line 90 ft. east of and pll. to the east marginal line of Broadway; th southerly along said line 90 ft. east of the E marginal line of Broadway for 26.25 ft. , mil, to a point on the south line of said Blk. 222 Bailey Add. ; th westerly 25 ft. , m/i, along said south line of Bailey Add. to a point equadistant between the west marginal line of State Highway No. 1 and the east marginal line of Broadway, said easterly marginal line of Broadway being 30 ft. west of the SW corner of said Blk. 222; th southwesterly along the N and S center line of the block for 11 ft. m/1, to a point on a line 90 ft. east- erly of and pll. to the east marginal line of Broadway as last mentioned; th southerly and following said line pll. to the east marginal line of Broadway as last mentioned for 133 ft. m/1, to a point of intersection with the west marginal line of State Highway No. 1; th southwesterly and following said west marginal line of State Highway No. 1 to a point of intersection with a line 420 ft. south of and pll. to the center line of 10th Street as platted and recorded in Bailey Addition to Everett; th westerly along said line 420 ft. south of and pll. to the center line of 10th St. to a point 202 ft. west of the east marginal line of Broadway as last mentioned said point being midway between the west marginal line of Broadway and the east marginal line of Lombard Ave. and is the center line of the alley in Blk. 221 in Bailey Add. to Everett produced southerly; th northerly and pll. to the west marginal line of Broadway, being a line 60 ft. west of the east marginal line of Broadway as last mentioned for 412 ft. to the center line of 10th St. , th easterly along the said center line of 10th St. for 322 ft. to an intersection with a line 90 ft. east of and pll. to the east marginal line of Broadway; th southerly along said line pll. to the east marginal line of Broadway for 27.5 ft. to the point of beginning. 6t/ Section 4: A special fund is hereby created to be called Local Improvement Fund No. , which shall consist in the aggregate of the several amounts assessed, levied and collected on the several lots, tracts and parcels of land in said local improvement district and the proceeds of the sale of the bonds in said district for the purpose of defraying the costs and expenses of such improvement. Section 5: The costs and expenses of such improvement shall be defrayed by special assessment, payable in ten (10) equal annual installments, with interest thereon at the rate of