Ordinance 3549 - Laserfiche WebLink

The City shall not be liable in any manner for any portion of the costs and expenses of such improvement, except as provided for by Chapter 141, Session Laws of the State of Washington, 1923, or acts amendatory thereto and the ordinances of the City of Everett. Section 3: That there is hereby established a local improvement district to be known as "Local Improvement District No. 63 6 ", which district shall include the following described property located in Everett, Snohomish County, Washington, to-wit: Lots 130 to 140, inc. , Plat of Claremont Heights. Lots 5, 6, 7, 8 and 9, Plat of Baker-McLaughlin Addition to the City of Everett. Portion of unplatted land in the SE; , Sec. 31, T 29 N, R 5 EWM described as follows : Beginning at the southwest corner of Lot 8, Plat of Baker-McLaughlin Addition to Everett; thence easterly along the south line of said Lot 8 to an intersection with the west line of the platted alley; thence southerly along the west line of the alley for 401.00 ft. to the northeast corner of Lot 9 in said Addition; thence westerly along the north line of Lot 9 for 119.57 ft. to an intersection with the east property line of Rucker Avenue; thence northerly along the east line of Rucker Avenue for 401.00 ft. to the southwest corner of Lot 8 and the point of beginning. Section 4: A special Cund is hereby created to be called "Local Improvement Fund No. 636 ", 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. Out of said fund shall be paid the bonds, interest thereon and the entire cost 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 four percent (40) 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 four percent 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 improve- ment, 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. May ; _ Attest: City CrkL'� Passed: May 15, 1956 tl Published: May 1, 1956