Ordinance 3071 - Laserfiche WebLink

Lots 2 to 10 inclusive, ifathewson Heights Addition, and the following described property: Beginning at a point 115 feet South of South line of 40th Street and on North and L)outh center line of Section 30, township 29 North, Range 5 East W. M. ; thence "Miest 114.45 feet more or less, to Easterly line ofFEderal Street ; thence South 60 feet along sal - sterly line of Federal Street thence East 114 . 1u feet, more or less , to said North and South center line of Section 30, thence Northerly along said line 60 feet to true point of beginning. Beginning at a Point on the 'pest line of Federal Street 30 feet North of the South line of Section 30 , being the North line of 41st Street ; thence Northerly along Federal Street 54.22 feet to the Southeast corner of Lot 6 of Mathewson Heights Addition to Everett ; thence `;lest 120 feet to the Southwest corner of said Lot 6 , thence South along the East line of alley to the North line of 41st Street ; thence East along the North line of 41st Street 120 feet to true point of beginning. Beginning at the southeast corner of the South-west quarter of Section 30, township 29 iTorth, Range 5 East T. M. ; thence North on the North and South center section line 290.13 feet to true point or beginning; thence continue North on said North and South center line 40 feet ; thence Westerly to the East line of Federal Street ; thence South on the East line of Federal Street 40 feet ; thence Easterly to point of beginning. Section 5: ii1pg.t1 fund s hereby created to be called Local Improvement/Fund l'o. 504 , 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 improvement district, end the proceeds of the sale of the bonds in said district, for the purpose of defraying the cost and expense of such improvement . Out of slid fund shall be paid the bonds, the interest thereon and the entire cost of such improvement . Section 6 : The costs and expenses of such improvement shall be defrayec by special assessment , payable in 10 equal annuP,_. installments, with interest thereon at the rate of 4 percent per annum under the mode of payment by bonds as provid - by law and tY ordinances of said "ity. Bonds bearing interest at the rate of 4 per cent per annum, payable on or before 12 years from date of issue, snail be issued in payment of the costs and expenses of such improvement, or the Uity of Everett may, at its election, sell said bonds and make payment in cash in the manner provided by the ordinances of said City. Section 7: That Ordinance No. 3032 of the City of Everett be , and the same is hereby repealed. /y Mayor Attest- ty lerk Passed. June llth, 1946 Published: June 1/th, 1946 .