Ordinance 2459 - Laserfiche WebLink

.Chapter '141,, ieasion :Laws os':192$ and Ordinance N 2126 of the City of Everett. Zeotian 3 There :is harebyestablished a local improve- • tent district to be 0.alled tI8©eal ;Xmprovement District No. which district shall ]. .a1u*e the llcw. ng described property, to-wit: 14ots 1 to 1' ,:: Inv', lc ,; tivieion.- T. All off. Wit $ `i �ivis en T. 4 ecial, .. uni is hereby created to be called Loacal Improvement .fistLeict rtuati , which shall consist ..i . the �a rn.. ggr,egate -of t.} e s ver l arao x ts. aola sess'ed, levied and, co3cted on the several lots`asd pcels of- land in said. local improvement district,; and the proceeds 'of the sale of the bonds of the `said :district,. for':.- .. ,the3pursae.;`of defraying the costa and :expenses :'of such improvement.F `• Out' of said fund. shall be- paid the bonds', the interest; thereon and:-the entire : cost of such imp provement. .:: eet "on •,`. . Posts: and "e p .,naes of such improvement Shall by be defrayed b• ? spe.0i41. assessments, payable in ten egial annual< installments ,..with interest .,thereon at the rate of seven . _( } per cent. per ann , ..under -the mode of payment by bonds, as pro-Tided by,, law $10. , tha:--ordinancea of said. oity, Bonds bear- ing. interest at the rate `of seven (7) per: cent. per annum,, pay- able`:on Or "Iiefo re, twelve (12) -years „from date of issue,;. shall be issued iz 'payment 0t the cost and,'expense of such improvement, or the City of Everett 'may, at ,its election, sell said. bonds and, .make-payment in cash in =ther..mann er..provided bp: the ordinances of said city. ay'or. • fit1 e 1'as ed. September l? .1929 2ublishedq ;e .te bee 3;, , 19.g9 .