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x <br /> ' <br /> Section 6: The costs and expenses of such improvement shall <br /> be defrayed by special assessments payable in ten (10) equal annual <br /> installments, with interest thereon at the rate of four (4) per cent <br /> per annum under the mode of payment by bonds, as provided by law, <br /> and the ordinances of said City. Bonds bearing interest at the rate <br /> of four (4) percent per annum, payable on or before twelve years from <br /> date of issue, shall be issued in payment of the costs and expenses <br /> of such improvement, or the City of Everett may, at its election, <br /> sell said bonds and make payment in cash in the manner provided by <br /> the ordinances of said City. <br /> . , ;5 <br /> Mayor <br /> ATTEST; <br /> L{ <br /> City ler <br /> Passed: August 4, 1953 <br /> ub1ished: August 5, 1953 <br /> Pub] 'shed: August 14, 1953. <br /> Passed: August 4, 1953 <br /> Published: August 5, 1953 <br /> Pepubl ished: August 14, 1953 <br />