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- <br /> Lots 1 to 10, inclusive, Block 1, Headlee ' s <br /> First Addition to Everett. <br /> Lots 23 to 33, inclusive , Block 2, Headlee ' s <br /> First Addition to Everett . <br /> Lots 1 to 6, inclusive, Block 3, Terrace Addition <br /> to Everett. <br /> Lots 3 and 4, Block 4, Terrace Add. to Everett. <br /> Lots 1 to 15, inclusive, Block 4, Hewitt Heights <br /> Addition to Everett. <br /> The West half of Lots 1, 2, 3, 4 and 5, Block 5, <br /> Hewitt Heights Addition to Everett. <br /> Fraction of Lot 4, Beg. at NE corner Lot 4, <br /> Block 7, Terrace Addition; thence S 85 feet ; <br /> th W 122.02 on a line parallel to S boundary of <br /> said lot, thence N 106.46 feet more or less on <br /> a line parallel to E boundary of said lot to <br /> N boundary of said lot, th bEly to point of <br /> beginning. <br /> Section 4: A special fund is hereby created to be <br /> called Local Tmprovement District Fund No. S 3 0 , which shall <br /> consist in the aggregate of the several amounts assessed, <br /> levied and collected on the several lots and parcels of land <br /> in the said local improvement district and the proceeds of the <br /> sale of bonds in said district for the purpose of defraying <br /> the cost of such improvement. Out of said fund shall be paid <br /> the bonds and interest thereon, the cost of materials, fixed <br /> estimate and all other expenses in connection with said improve- <br /> ment except the amount contributed by the Federal Government <br /> under ,TA for labor. <br /> Section 5: The cost and expense of such improvement <br /> shall be defrayed only in the manner set forth in tiis ordinance. <br /> The cost of said improvement to be borne by the property in <br /> said district shall be defrayed by special assessment payable <br /> in Five ( 5) annual installments with interest at the rate of <br /> ( (7') percent per annum under the mode of payment by bonds <br /> as provided by law and the ordinances of said City. Bonds <br /> bearing interest at the rate of Sil_,c (CPO percent per annum, <br /> payable on or before Seven (7) years ff'om date of issue shall <br /> be issued in payment of the cost and expense of such improvement <br /> assessed against the property in said district, or the City of <br /> Everett may at its election, sell the bonds and make _payment in <br /> cash in the manner provided in the ordinances of said city. <br /> Mayor <br /> ATTEST: <br /> �- City Clerk <br /> Passed: z f - 3� <br /> Published: 9 — 7 2 — 3 <br />