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t <br /> 4 a . * <br /> ‘ <br /> 4 4 0 <br /> f <br /> Dint which is d5 feet m/i, north of eee south line 01 the south- <br /> eest quarter of the Northwest quarter of the Northeast quarter of <br /> Section 17, Township 29 North, han;ee 5 E. .V._.. ; thence west alon,c,, a <br /> I line 85 feet north m/1Y of the scuth line of the Southwest quarter <br /> of the Northwest quarter of the -Northeast quarter of Section 17, <br /> to the west line of said sub-division; thence south alonL, the west <br /> line of the Southwest quarter ol the Northwest quarter ol the Nurth- <br /> , <br /> , east quarter of Section 17 for 30 feet m/1, to the T.P. 3.B. <br /> Section 3: lhat the maps, Plans and secifications <br /> prepared by the engineer of the City of Everett in connection with <br /> iiesolution .,,To. 5273 of the City of Everett as are now on file in <br /> the office of the Engineer of the City of JLverett, be and the same <br /> are hereby adopted as the maps, plans and specifications for tnis <br /> i improvement. <br /> Section 4: That the costs and expenses ol such improve- <br /> 11 mont, includinc, all necessary incidental expenses, includinE <br /> acquisition of rijit-of-way, shall be borne by and assessed against <br /> the property included in the assessment district created herein, <br /> in accordance with the law. The City of Everett shall not be liable <br /> in any manner for any portion of the costs and expenses of such <br /> I improvement, except as provided by Chapter 141, Session Laws of <br /> 1923, or acts amendatory thereto, and the Ordinances of the City of <br /> tt <br /> n,vere <br /> ii • <br /> h <br /> i <br /> I Section 5: There is hereby established a local improvement <br /> district to be known as t'Local Improvement District No. .59 g it <br /> , <br /> which district shall include all of the property described in Paraph <br /> 2' all situated in Snohomish County, vvashinaton. <br /> 1iiSection 6: A special fund is hereby created to be called <br /> 1 "Local Improvement District Jund No. e59ie "9 which shall consist <br /> 1 in i the aggregate of the several amounts assessed, levied and <br /> collected on the several lots, tracts and parcels of land in said <br /> 0 local improvement district and the proceeds of the sale of the bonds <br /> in said district for the purpose of defrayino the costs and expenses <br /> of such improvement. Out of the said fund shall be peid the bonds <br /> V the interest thereon, and the entire cost of such improvement. <br /> 0 <br /> 1 Section 7: The costs and expenses of such improvement <br /> ! <br /> shall be defrayed by special assessment payable in ten (10) equal <br /> i annual installments, with interest thereon at the rate of four (4/u) <br /> I per cent per annum, under the mode of payment by bonds as provided <br /> 1 by law and the ordinances of the City of Everett. Bonds bearinL <br /> I interest at the rate of four (4 .)) per cent per annum, payable on <br /> 1 1 or before twelve (12) years from date of issue, shall be issued in <br /> payment of the costs and expenses of such improvement, or the City <br /> 1 of Everett may, at its election, sell said bonds and make payments <br /> , <br /> in cash in the manner provided by the Ordinances of said City. <br /> il <br /> id.a-,yor <br /> 4 ,e.ttest: <br /> J , <br /> L10'‘ff 11 irer11 <br /> Cityicerk <br /> 0 <br /> Passed: April 13 , 1948 . <br /> • <br /> publiehed- " 14, 1948. <br /> d ' — <br /> 1 <br /> lulimuliliiiiii. <br />