Ordinance 3177 - Laserfiche WebLink

r 1. iw . I Lots 9 to 24, inc. Block 8 Friday's 1st Ada. to Everett tt 1 to 8, inc. It 9 tt tt It It It " 25 to 32, inc. 't 9 tt It tt tt tt tt 17 to 24, inc. " 854 Plat of Everett Div. "M" " 9 to 24, inc. tt 855 It " It tt It tt 9 to 24, inc. " 856 It II " It " tt 9 to 24, inc. ►t 857 tt " tt ►t. ttE" tt 1 to 8, inc. tt 880 tt " tt tt " tt 25 to 32, inc. " 880 tt It It It It tt 1 to 8, inc. " 881 tt tt " tt tytt tt 25 to 32, inc. " 881 It It " ►t tt tt 1 to 8, inc. " 882 tt tt It It tt " 25 to 32, inc. " 882 tt It tt It It " 25 to 32, inc. " 883 It It It It tt Section 4: A special fund is hereby created to be called "Local Improvement District Fund No. 596 " which shall 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 purpose of defraying the costs and expenses of such improvement. uut of said fund shall be paid the bonds, the interest thereon and the entire cost of such improvement, except the amount to be paid by funds from the tiyashington State Development Board. Section 5: The costs and expenses of such improvement to be assessed against the owners of the property within said district as set forth in Section 2 of this Ordinance shall be defrayed by special assessment, payable in ten equal annual installments, with interest thereon at the rate of four per cent per annum, under the mode of payment by bonds as provided by 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 years from date of issue, shall be issued in payment of the costs and expenses 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 ord-1 nances of said City. Mayor Fittest• vii4d ti./,'" Cit Clerk Passed: March 16th, 1948 . Published: " 17th, 1948. -2-