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• <br /> -a y <br /> Beginning at the SE cor. of Blk. 452, St. Nicholas Add. to Everett, <br /> the T.P.O.B. , th westerly along the south line of said St. Nicholas <br /> Add. to Everett to the east line of the alley (as condemned) ; th <br /> south along the east line of the alley produced to an intersection <br /> with the north line of Falconer 's Add. , th easterly along the <br /> north line of Falconer 's Add. to the NE corner of Blk. 464 of said <br /> Addition; th north 57.75 ft. , thence east 39.74 ft„ m/i, to the <br /> west line of State St. (as condemned) , th north along the west line <br /> of State St. to the T.P.O.B. <br /> Beginning at the SE corner of Blk. 464 in Falconer 's Add. , which <br /> is the T.P.O.B. ; th southerly along the west line of Bik. 3 in <br /> Sunnyside Land Co' s First Add. to an intersection with the north <br /> line of 23rd St. ;, th westerly along the north line of 23rd St. <br /> for 80 ft. , mil to the east line of the alley; th north along the <br /> east line of the alley to an intersection with the south line of <br /> Blk. 464 in Falconer 's Add. , th east along said south line of <br /> Blk. 464 to the T.P.O.B. <br /> Beginning at the SW corner of Blk. 505 in Garfield's First Add. , <br /> the T.P.O.B. ; th southerly along the west line of Blk. 505 produced <br /> for 62 ft. , m/I, to an intersection with the north line of Hatch <br /> Heir's First Add. , th westerly along the north line of Hatch Heir' s <br /> r''irst Add. to an intersection with the center line of the alley <br /> between State St. and Chestnut St. produced southerly; th north <br /> along the center line of said alley to an intersection with the <br /> south line of 23rd St. , th easterly along the south line of 23rd <br /> St. to the NW cor. of Bik. 505 in Garfield' s First Add. ; th southerly <br /> along the west line of Blk. 505 in Garfield' s First Add. to the <br /> T.P.O.B. <br /> Section 4: A special fund is hereby created to be called <br /> is "Local Improvement District Fund No. 600 " which shall consist in <br /> the aggregate of the several amounts assessed, levied and collected <br /> on the several lots, tracts and parcels of land in said local <br /> improvement district and the proceeds of the sale of the bonds in <br /> said district for the purpose of defraying the costs and expenses <br /> of such improvement. Out of said fund shall be paid the bonds, the <br /> interest thereon and the entire cost of such improvement, except <br /> the amount to be paid by funds from the Washington State Development <br /> Board. <br /> Section 5: The costs and expenses of such improvement to <br /> be assessed against the owners of the property within said district <br /> as set forth in Section 2 of this Ordinance shall be defrayed by <br /> special assessment, payable in ten equal annual installments, with <br /> interest thereon at the rate of four per cent (4%) per annum, under <br /> the mode of payment by bonds as provided by law and the ordinances <br /> of the City of Everett. Bonds bearing interest at the rate of <br /> four per cent (4%) per annum, payable on or before twelve years <br /> from date of issue shall be issued in payment of the costs and <br /> expenses of such improvement, of the City of Everett may, at its <br /> election, sell said bonds and make payment in cash in the manner <br /> provided by the ordinances of said City. <br /> ATTEST: <br /> Mayor <br /> City Clerk <br /> Bossed: April 27th, 194E . <br /> Published: 28th, 1948. <br />