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�! r <br /> .4 Ilk <br /> Lot Block Addition <br /> 8A - 9 - 9A - 10 - 10A <br /> & 11 to 18 Inc . 671 Flat of Everett <br /> 18A - 19 - 19A 671 " " <br /> N 80' of S'- 672 Division C <br /> Strip N of Lots 8-18 Inc. <br /> and S of a line 120' N. <br /> of N.P, L. of Hewitt 672 Division C <br /> 8 tc 18 Inc. 672 <br /> F. 8 - F. 9 673 <br /> 15 to 20 Inc . & F. 21 673 <br /> A tract of land , N. of Lots <br /> 15 to 20 Inc . & S. of <br /> Lots 9 & 21 673 <br /> F. 30 & 31 to 40 Inc. 677 <br /> 1 to 10 Inc . F. 11 678 Plat of Everett Division "C' <br /> F. 31, & 32 to 41 Inn. 678 Plat of Everett <br /> 1to10Inc. & F. 11 679 " " <br /> F. 30, & 31 to 40 Inc . 679 " " IN <br /> Section 4. A special fund is hereby created to be called Local Improvement <br /> District Fund No. 514+ , which shall consist in the aggregate of the several <br /> amounts assessed , levied and collected on the several lots and parcels of land in <br /> the said local improvement district , the proceeds of the sale of bonds of the <br /> said district and the monies allocated from the Washington State Motor Vehicle <br /> fund and the Federal grant , for the purpose of defraying the costa and expenses <br /> of such improvement. Out of said fund shall be paid the bonds , interest thereon <br /> and the entire cost of such improvement. <br /> Section 5. The costs and expenses of such improvement shall be defrayed from: <br /> funds allocated to the City of Everett from the Washington State Motor Vehicle <br /> fund and by Federal grant , and by special assessments not to exceed 30% thereof , <br /> plus clerk @Ind treasurer's fees, payable in ten equal annual installments, with <br /> interest thereon at the rate of jIlP (� �) per cent per annum, under the <br /> mode of payment by bonds , as provided by law and the ordinances of the city. <br /> Bonds bearing interest at the rate of ( •..F� %) per cent per annum, <br /> payable on or before twelve years from date of issue , shall be issued in payment <br /> of the cost and expense of such improvement, or the City of Everett may at its <br /> election, sell said bonds and make payment in cash, in the manner provided by <br /> the ordinances of said city. <br /> Mayor <br /> Attest : <br /> City Clerk <br /> Passed : August 7, 1935. <br /> Published: August 7, 1935 • <br /> -2- <br />