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,Action : That the cost and expense of such improve- <br /> ment shall be defrayed by special assessments, payable in ten (10 ) <br /> equal annual installments with interest thereon at the rate of 7% <br /> :der annum, under the mode of payment by bonds as defined by law <br /> 1 � <br /> and the ordinances of said city, Bo nds bearing interest at the <br /> 2 rate of 7% per annum, payable on or before twelve (12) years from <br /> 3 <br /> date of issue shall be issued in payment of the cost and expense <br /> 4 i of such improvement or the City of Everett may, at its election, <br /> 5 ' sell said bonds and make payment in cash in the manner provided <br /> 6 <br /> by the ordinances of said city. <br /> 7 <br /> 8 <br /> 9 May or <br /> 10 <br /> 11 Passed: e° t . . _19L3 <br /> 12 <br /> Lttest : �5=� �` C ►�= <br /> 13 �� _ Cit Clerk <br /> 14 Published: "cpt . , i t:: , 19 3 . <br /> 15 <br /> 16 <br /> 17 <br /> 18 <br /> 19 <br /> 20 <br /> 21 <br /> 22 <br /> 23 <br /> 24 <br /> 25 <br /> 26 <br /> 27 <br /> 28 <br /> .. <br /> 29 _3 <br /> 30 <br /> 31 <br />