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♦ b } � .J <br /> r ,. 6! <br /> f ' S4 <br /> ORDINANCE Ni.' 3137. <br /> An ordinance amending Section 5 of Ordinance No. 3108 <br /> entitled as follows : <br /> An ordinance providing for the improvement of Maple <br /> Street, 9th Street to - 13th street, oy the installtion <br /> of 6" water mains, fire hydrants ;and necessary <br /> appurtenances , and doing all other work to make a <br /> complete improvement ; in accordance with a majority <br /> Petition therefor ; creating an assessment district ; <br /> creating; a local improvement district fund therefor , <br /> and providing for the payment of said improvement <br /> b; special assessment on the property in said district <br /> under the mode of payment by bonds , <br /> and declaring an emergency. <br /> NOW, THEREFORE, THE CITY OF EVERETT DLES ORDAIN: <br /> • Section 1: That Section 5 of ordinance No. 3108 as published <br /> and adopted inadvertently provided for the payment of the costs and <br /> expenses of such improvement in ten annual equal installments rather <br /> than in five annual equal installments, as desired. <br /> Section 2: That Section 5 of Ordinance No. 3108 of the <br /> City of Everett entitled as above set forth be and the same is <br /> hereby amended to read as follows : <br /> "Section 5: The costs and expenses of such <br /> improvement shall be defrayed by special assess- <br /> ment, payable in 5 equal annual installments, <br /> vi th interest thereon at the rate of four (40) per <br /> cent per annum, under the mode of payment by bonds <br /> as provided by law and the ordinances of the City <br /> of Lverett. Bonds bearing interest at the rate of <br /> four (4`- ) per cent per annum, payable on or before <br /> seven • years from date of issue, shall be <br /> • issued in Payment of the costs and expenses of such <br /> improvement, or the Oity of Everett may, at its <br /> election, sell said bonds and make payment in cash <br /> in the manner' provided by the ordinances of said <br /> City. " <br /> Section 3: That an emergency is hereby declared to exist <br /> and this ordinance shall take effect on its pas: ae ,1C. publication. <br /> -)Y-7-7i5Z14 -47 - <br /> Mayor E; <br /> Attest: <br /> /J 4 <br /> y erk <br /> Passed: July 29th , 1947. <br /> Published? July 30th, 1947 • <br />