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• <br /> adopted and approved. <br /> Section 2: That the cost and expense of such improvement, <br /> including all necessary incidental expenses, shall be borne by <br /> and assessed against the property included in the assessment <br /> district ^_erein created in accordance with law. ?he city of <br /> ;.H;verett shall not be liable in any mangier for €.11y portion of <br /> the costs and expenses of such improvement , except as provid- <br /> ed in chapter 141, Session Laws of 1)23 :n : ordinanceo. 2126 <br /> of the city of Everett. <br /> Section S: There is hereby established a local improve- <br /> ment district to be called Local Improvement District No. 478 , <br /> which district shall inclade the following described property, <br /> to-wit : <br /> Lots 1 to 10, Inc. Bloch 2, Hewitt Heights. <br /> Lots 7 to 11, Inc. Block 3, Vestal " 1st Add. <br /> Lots 4 to 11, Inc. Block 8, Priday' s Second Add. <br /> Lots 1 to Sand <br /> 8 to 11, Inc. Bloch - Ramst ad' s First Add. <br /> Section 4: A special fund_ is hereby created to be called <br /> Loc: l Improve :ment District Fund 7o. 478 , which shall consist <br /> in the ag gre ;ate of the several amounts assessed, levied and col- <br /> lected on the several lots and parcels of land in said local <br /> improvement district, and the proceeds of the sale of the bonds <br /> of t <br /> the said district, for the purpose of defraying the costs End <br /> expenses of such improvement . Out of said fund shall be paid <br /> the bonds, .the interest thereon and the entire cost of such im- <br /> provement . <br /> • Section 5: `.'he costs and expenses of such improvement <br /> shall be defrayed b;- 'special assessments, payable in ten e yual <br /> annual installments, with interest thereon at the rate of seven <br /> ( 7) per cent per annum, under the mode of payment by bonds, as <br /> provided by law and the ordinances of said city. Ponds bearing <br /> inter st' at the rate of seven ( 7) per cent . per annum, payable <br />