Laserfiche WebLink
' • <br /> a ... <br /> • <br /> • <br /> Lot 1 in Block 852, Plat of Everett, <br /> Division "fi", and 10 feet of vacated <br /> street. <br /> Section 4: A special fund is hereby created to be called <br /> "Local Improvement Fund No. 635 " which shall consist in the <br /> aggregate of the several amounts assessed, levied and collected on <br /> the several lots, tracts and parcels of land in said local improve- <br /> ment district and the proceeds of the sale of the bonds in said <br /> district for the purpose of defraying the costs and expenses of such <br /> improvement. Out of said fund shall be paid the bonds, interest <br /> thereon and the entire cost of such improvement. <br /> Section 5: The costs and expenses of such improvement shall <br /> be defrayed by special assessment, payable in ten (10) equal annual <br /> installments, with interest thereon at the rate of four per cent (4%) <br /> per annum, under the mode of payment by bonds as provided by law and <br /> the ordinances of the City of Everett. Bonds bearing interest at <br /> the rate of four percent per annum payable on or <br /> beforeeve 2) <br /> bel -) <br /> years from date of issue, shallissued in payment of thecosts <br /> and expenses of such said bonds and make payment in cash, <br /> chpe the <br /> oEt in the <br /> Everett may, <br /> its election, sell <br /> manner provided by the Ordinances of said City. <br /> Mayor <br /> j ATTEST: <br /> 1-701t&/ <br /> r L, <br /> City Clerk <br /> Passed: <br /> 1 . la ..5 July 26. 1955. <br /> Published: <br /> July 27, 1955. <br /> 7 - 74T <br /> "t! i <br /> 7 <br />