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41/ <br /> shall not be liable in any manner for any portion of the costs and <br /> expenses of such improvement, except as provided in Chapter 141, <br /> Session Laws of 1923 and Ordinance No. 2126 of the city of Everett . <br /> Section 3: There is hereby established a Local Improve- <br /> ment District to be called Local Improvement District No. 461 , <br /> which district shall include t :.e following described property: <br /> Lots 18 to 34, Inc. Block 248. Fourteenth St. Add. <br /> Lots 1 to 17, Inc. Block 249. Fourteenth St. Add. <br /> Lots 1 to 7, Inc. Block 289. Fourteenth St. Add. <br /> Lots 7 to 16, Inc. Block 289. Hilton' s Second Add. <br /> Lots 17 to 26, Inc. Block 290. Hilton' s Second Add. <br /> Lots 26 to 32, Inc. Block 290. Fourteenth at. Add. <br /> Lots 17 to 19, Inc. Block 303. Division N. <br /> Lots 14 to 16, Inc. Block 304. Division N. <br /> Lots 26 to 32, Inc. Block 311. Hilton' s Second Add. <br /> Lots 1 to 2, Inc. Block 312. Hilton' s Second Add. <br /> Fractional Lot 3, <br /> Lots 4, 5, 9, Inc. Block 318. Remingt on' sFirst Add. <br /> Fractional Lot 10. Block 318. Remington 's first -dd. <br /> Lots 23, 20, 29, Inc., <br /> M,'ractionallot 30, Block 319. ' emingt on' s first Add. <br /> Section 4: A special fund is hereby created to be called <br /> Local Improvement District Fund No. 461 , which shall consist in <br /> the aggregate of the several amounts assessed, levied and collect- <br /> ed on the several lots, and parcels of land in said Local Improve- <br /> ment District, and the proceeds of the sale of the bonds of said <br /> District , for the purpose of defraying the costs and expenses of <br /> such improvement, out of said Fund shall be paid the bonds, the <br /> interest thereon and the entire cost of such improvement . <br /> Sect ion 5: The cats and expenses of such improvement shall <br /> be defrayed by special assessments, payable in five equal annual <br /> installments , with interest thereon at the rate of seven (7) per <br /> -2- <br />