Ordinance 3468 - Laserfiche WebLink

1 ' ' • i . A i . . . • .• Lots 18 to 23, Inc. , including vacated street, Blk. 784, Plat of Everett, Dlv. "H" -raction of Tot 24, -lk. 784, Plot of -verPtt. Div. "H" Lot 1, including vacated street, ./Blk. 820, Flat of Everett , Div. "H" Lots 2 to 8, Inc. , 21k. 829, Plat of Everett, Div. "H" n n 9 tt n tt n Frac. of Lot 9, Frric. of Lot 27, " " 9n It ft It 1' it It it ft it Tots 28 to 34, 4ne ibp Lot 35, includinL, v_ 3,eted street, l'A_k. 8290 Ple't of Everett, Div. "H". li 1 Section 4: A special fund is hereby created to be call- ---, ed "Local 'mproveme/TE-Fund No. 629 "0 which shell consist in the aggregate of the several amounts assessed, levied and collected on the several lots, tracts and parcels of land in said local improve- ment district and the proceeds of the sale of the bonds in said district for the nurpose of defraying the costs and expenses of such improverent. Out of said fund shall be paid the bonds, Interest thereon and the ent 're 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 per cent (4,4) per annum, under the mode of payment by bonds as provided lo-y law and the ordinances of the City of Everett. . Bonds bearing interest at the rate of four per cent per annum payable on or before twelve (12) years from date of issue, shall be issued in nayment of the costs and e.-;:penses of such improvement, 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. ..._ Attest: , --, // i ityJler Passed: June 29, 1954 Published: June 30, 1954