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installments, with interest thereon at the rate of seven (7) percent <br /> per annum under the mode of payment by bonds, as provided by law ant <br /> the ordinances of said city. Bonds bearing interest at the rate of <br /> seven (7 ) percent Per annum, payable on or before twelve (12 ) years <br /> from date of issue shall be issued in payment of the cost and <br /> expense of such improvement, or the city of Everett may, at its <br /> election sell said bonds and make payment in cash in the mT ner <br /> provided by the ordinances of said city. <br /> (5"7-/// l YYy. <br /> Spa yor <br /> Passed: January 6, 11._925 <br /> Attest : z <br /> Ci y Clerk <br /> Published: January 8, 19 :5 <br />