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<br /> Section 2 : That California .,:venue , from Fulton Street
<br /> ito Cedar Street , be improved by grading to proper grade, installation
<br /> of necessL ry drainage, construction of concrete sidewalks, and doing
<br /> all other work as may be necessary in connection therewith to make
<br /> a complete improvement , oil according to the plans and specifications
<br /> I prepared under the direction of the City - ngineer, and which plans
<br /> 3 and specifications are hereby adopted and a,,-roved.
<br /> 1 expensesuch improve-
<br /> ment, 3: h�.t the cost and of including ell necessary incidental expense , shell be borne and
<br /> assessed against the Property included in the assessment district
<br /> herein created in accordance with law. The City of ,verett shall
<br /> not be liable in any manner for any portion of th.e costs and expenses
<br /> of such improvement , except as provided by Chapter 141 , Session Laws
<br /> of 1923, or acts amendatory thereto and the ol dinan_ces of the City of
<br /> : Everett.
<br /> Section 4: That there is hereby established a local
<br /> improverent district to be known as "Local Improvement District
<br /> T,o . 575 , " which district shall include the followin des-
<br /> _cribed property locates. in Everett , 3nohomish. County, ,:ashington,
<br /> to-wit:
<br /> South 19 feet of Lot 13, Bloch 635, Swalwell 's 1
<br /> :second 1.ddition to Everett ;
<br /> south 19 feet of Lot 28, wlock 635, walwell' s e
<br /> Second Lddition to Everett
<br /> Lots 14 to 27 inclusive, block 635, Swalweel's —`
<br /> Second Lddition to Everett ;
<br /> North 19 feet of Lot 13 , block 657 , Swalwell ' s--
<br /> second .'addition to Everett ;
<br /> 1 orth 19 feet of Lot 28, _ilock 657 , Jwaiwell 's t`"
<br /> Second ddition to Everett ;
<br /> Lots 14 to 27 inclusive, block 657 , Swalwell 's "-
<br /> Second _ddition to Everett .
<br /> Section 5: 1 special fund is hereby created to be
<br /> called "Local Improver,ent district Fund 575 , " which shall
<br /> consist in the aggregate of the several amounts assessed, levied
<br /> and collected on the several lots, tracts end parcels of land in
<br /> said local improvement district and the proceeds of the sale of
<br /> the bonds in said district for the purpose of defraying the costs
<br /> and expenses of such improvement . Out of said fund shall be paid
<br /> the bonds, the interest thereon and the entire cost of such
<br /> improvement .
<br /> Section 6: That the costs and expenses of such improve-
<br /> ment shall be defrayec`- by special assessment , payable in Ten (10 )
<br /> equal annual installments, with interest thereon at the rate of hour
<br /> percent (4%) per annum, under the Node of payment by bonds as pro-
<br /> vided by law and the ordinances of the City of Everett. Bonds bear-
<br /> ing interest at the rate offour (4 )percent per annum, payable on
<br /> or before 12 years from date of issue , shall be issued in
<br /> Payment of the costs and expenses of such improvement , or the City
<br /> of 'Everett may, at its election sell said bonds and make payment in
<br /> cash in the manner provided by the dinences of said City.
<br /> yyG,�L
<br /> ttest : "ayor
<br /> City Cle
<br /> August 13, 1946. August 14, 1946 .
<br /> Passed: Published:
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