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- . <br /> by law and the ordinances of the City of Everett. Bonds bearing <br /> interest at the rate of four (4 ) per cent per annum, payable <br /> on or before twelve years from date of issue, shall be issued in <br /> oayment of the costs and expenses of such improvement, or the <br /> City of Everett may, at its election, sell said bonds and make <br /> payments in cash in the manner provided by the ordinances of said <br /> City. <br /> Mayor <br /> At / <br /> - City O1er1 <br /> Passed: June 20th, 1950. <br /> Published: June 21st, 1950. <br /> -3- <br />