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Ordinance 2199
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Ordinance 2199
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5/24/2024 2:07:45 PM
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Ordinances
Ordinance Number
2199
Date
4/14/1925
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W <br /> • <br /> district shall include the following described property, to -wit: <br /> Block 23, Sines Acre Tracts, less tract owned by Snohomish <br /> County. <br /> The West i of Block 35, Sines Acre ''Tracts, lying between <br /> the alley and the ':'pest line of Sines Acre Tracts. <br /> Block 36, Sines Acre Tracts. <br /> Unplatted tract of land lying East of the East margin <br /> of Broadway and the hest line of Block 23, Sines Acre Tracts. <br /> Unplatted tract of land lying East of the East margin <br /> of Broadway and the Best line of Block 35, Sines Acre Tracts. <br /> Unplatted tract of land lying Last of the East margin <br /> of Broadway and the ';'rest line of Block 36 of Sines Acre Tracts. <br /> Section 4 : That a special fund is hereby cr, Feted to be <br /> called Local Improvement District Fund No 424 , which shall consist <br /> in the aggregate of the several amounts assessed, levied and <br /> collected on the several lots, tracts and parcels of land in said <br /> Local Improvement District and the proceeds of the sale of all of <br /> the bonds of said district, for the purpose of defraying the cost <br /> and expenses of such improvement. Out of said fund shall be paid <br /> the bonds , interest thereon and the entire cost of such improvement. <br /> section 5 : That the costs and expenses of such improvement <br /> shall be defrayed by special assessment, payable in ten (10) equal <br /> annual installments with interest thereon at the rate of seven (7) <br /> percent per annum, under the mode of payment by bonds, as provided <br /> by law nd the ordinances of said city. Bonds bearing interest at <br /> the rate of seven ( 7) percent per annum, payable on or before <br /> twelve (12) years from date of issue shall be issued in payment <br /> of the dost and expense of such improvement, or the City of Everett <br /> 0 <br /> may, at its election, sell said bonds and make payment in each in <br /> the manner provided by the ordinances of said city. <br /> "XJ/1/444/* <br /> Mayor <br /> Passed: rALE1L1iL <br /> Attest: E � <br /> City C rk <br /> Published: April 16, 1925 <br />
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