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cent. per annum under the mode of payment by bonds, asprovided <br /> by law and the ordinances of said city, Bonds bearing interest <br /> at the rate of seven ( 7) per cent . per annum, payable on or be- <br /> fore seven ( 7) yearsfrom date of issue, shall be issued in pay- <br /> ment of the cost and expenses of such improvement, or the City <br /> of Everett may, at its election, sell said bonds and make payment <br /> in cash in the manner provided by the ordinances of said city. <br /> fj ..ayor. <br /> Attest: City Clerk. <br /> Passed: August 9, 1927 <br /> Published: August 11, 1927 <br />