Ordinance 2068 - Laserfiche WebLink

. Lots B1 OCk Add.it ion- 26 to 32 Inc . 719 Plat of Everett, 1 to 7 Inc . 720 Division flat Frac . of 8 if tf ff II ft 25 II If II 26 to 32 Inc . II II ff 1 1 to 7 Inc . 721 ft n . Fr ac. of 8 1f if tf 2 Fr ac. of 25 tt tt n 26 tib 32 Inc. II It II 3 1 to 7 Inc. 722 ►► tt Frac . of 8 II 11 II 4 tl It 23 ff N II n tt 24 n n II 5 25 to 30 Inca 'ft tt n 6 7 Section 4: A special fund is hereby created to be calle 8 Local Improvement District fund Tio . 386which shall consist 1n 9 the aggregate of the several amounts assessed, levied and collect~ d 10 on the several lots, parcels and tracts of land in said local irn- 11 • prove ient district and the prc:. `eects of the sale of the bonds of said 12 district for the purpose of defraying the costs and expenses of such 13 it iaro¢e11ient . Out of said fund shall be paid the bonds, the interest 14 ! thereon and the entire cost of such improvement . 15 16 Section 5: The costs and expensed of such improvement shall 17 be defrayed by special assessments payable in ten equal installments 18 1with interest thereon at the rate of c per annum, under the mode of i 19 ;payment by bonds as provided by• law, and the ordinances of said city 7�� 20 1 bonds bearing interest at the rate of 6fx per annum., payable on or 21 1before 12 years from date of issue, shall be issued in payment of the i 22 costs and expenses of such improvement or the City of Everett may at 23 its election sell said bonds and make payment in cash in the manner 24 provided by the ordinances of said city. 25 26 '' ay or . 27 Passed: M 28 AT TEST: •.. -e--*0-" `_ Cit, Clerk 29 Published:_; MavL ,17th , 1g23_ and May 1Sth . 30 31 _3_