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censtruction of certain additions and betterments and the extensions <br /> supply <br /> of the existing water er system now furnishing the Ci tg with <br /> water and that the gross revenues to be derived from the said system <br /> including the additions and betterments thereto and extension thereof <br /> herein provided for at the rates charged and to be charged upon the <br /> entire system will in the judgement of the city council and. <br /> 2 c ,rpo rate <br /> :�,,.-••,�••,, authorities of the City be sufficient to meet all expenses <br /> o operation and maintenance including the operation and maintenance i <br /> 4, of the proposed additions, betterments and extensions and to provide <br /> all proportions or parts of revenues previously pledged to funds <br /> 7 for the payment of bonds, warrants and other indebtedness with the <br /> 8 interest thereon and to permit the setting aside into a special <br /> 9 1 fund out of the gross revenues of the entire system amounts <br /> i0 <br /> sufficient to pay the interest 6- an the bonds hereby authorized to <br /> 11. be issued as such interest becomes due and payable and to pay and <br /> redeem all of such bonds at maturity, <br /> 12 v, .�.., <br /> Section 2 : That the City Council of the City of <br /> 13 <br /> 14 <br /> Everett hereby proposes a system or plan for making additions,betterments and extensions to its present water system consisting <br /> 15 <br /> in particular of a reservoir of not less than twenty million g allonitY <br /> 16 ! <br /> capacity and a twenty-four inch (24" ) distributicn main to supple- <br /> 17 <br /> meat the present distribution system and also such other miscellane- <br /> 18 <br /> ous additions, betterments, extensions and improvements as may be <br /> 19 • <br /> necessary and that the city acquire by purchase or condemnation all <br /> 20 <br /> lands, easements, rights-of-way, property and property rights necess- <br /> 21 <br /> ary or convenient for the proper construction, control, maintenance <br /> 22 <br /> and operation of said above mentioned additions, betterments and <br /> 23 ' <br /> 24 extensions. <br /> Section 3 <br /> That the City Council of the City of 4. <br /> 25 Gj <br /> Everett does hereby specify and adopt the system or plan described <br /> 26 <br /> in this ordinance for making the above mentioned additions, better- <br /> 27 <br /> ments and extensions. <br /> 28 <br /> 29 <br /> 30 -2• <br /> 31 <br />