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L ► a a <br /> Section 3: That there is hereby established a local <br /> improvement district to be known as "Local Improvement District <br /> No. 574 ," which district stall include the following des- <br /> cribed property located in Everett, Snohomish County, 'ashin,-;ton, <br /> to-wit : <br /> South 25 feet of Lot 9 , Block 560 , Pucker's First <br /> Addition to Everett ; <br /> South 25 feet of Lot 24, Block 560, Pucker's First liA4 7 f VGre <br /> Lots 10 to 23 inclusive , Block 560, Tucker's ,.. <br /> First _;ddit ion to Everett ; <br /> jF South 25 feet of Lot 9 , Mock 561, '--ucker ' s 2irst <br /> r.ddition to verett ; <br /> South 25 feet of Lot 24, Dlock 561, Pucker ' s First. <br /> LL^,ddition to Everett ; <br /> i Lots 10 to 23 inclusive, Dlock 561, Pucker's First <br /> Addition to _verett; <br /> • North 15 feet of Lot 8, Block 614, Rucker 's First , <br /> Addition to Everett <br /> North 15 feet of Lot 25, Block 614, -ucker' s First M. <br /> Addition to Everett; <br /> Lots 1 to 7 inclusive , Block 614, hucker's First °` <br /> pddit ion to Everett; <br /> Lots 26 to 32 inclusive , Block 614, sucker ' s First- <br /> Addition to Everett ; <br /> North 15 feet of Lot 8, Block 613, Rucker's first <br /> addition to Everett; <br /> 1 orth 15 feet of Lot 25 , Block 613, pucker ' s Firsts" <br /> Addition to -verett ; <br /> Lots 1 to 7 , inclusive , Block 613 , £tucker ' s -First 4-" <br /> Aduition to Everett; <br /> cots 26 to 32 inclusive, Block 613, l,,ticker' s first ` <br /> Addition to Everett; <br /> Section 4: A. special fund is hereby created to ue <br /> called "Local Improvement District Fund No. 574 , " which shall <br /> consist in the aggregate of the several amounts assessed, levied <br /> and collected on the several lots, tracts and 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 , except the amount to be paid by funds from the <br /> 'deshington State Development Board. <br /> Section 5: lhecosts and expenses of such improvement <br /> to be assessed against the owners of the property within said <br /> district as set forth in Section 2 of this Ordinance shell be <br /> defrayed by special assessment , payable in ten equal <br /> arnual installments, with interest thereon et the rate of four <br /> percent per annum, un_er the mode of payment by bonds as provided <br /> by law and the ordinances of the City of Everett . Fonds bearing <br /> interest at the rate of four percent per annum, payable on <br /> or before twelve years from date of issue, shall be issued <br /> in payment of the costs and expenses o:_ such improvement , or the <br /> City of Everett may, at its election, sell saia bonds and make <br /> payment in cash in the manner provided by the ordinances of said <br /> City. <br /> _:ayor <br /> Attest: <br /> / <br /> rased; August 6 1946 <br /> �, / its Clerk Published : August 7, 1946 <br />