Laserfiche WebLink
• <br /> • <br /> tween the termini of said improvement abutting upon adjacent, vicinal <br /> or proximate to such portions of said street as above set forth to a <br /> distance back from marginal lines thereof as provided by law,and the <br /> 'property included within said Local Irr rovement District shall be con- <br /> 2 <br /> sidered and held to be tie property specially benefited by said improvel <br /> glen t. <br /> 4 Section 4 : A special fund is hereby created to be called Local <br /> Ir:hprovernent District fund 7o. 383which shall consist in the ag- <br /> 5 <br /> 6 grega:te of the several amounts assessed ,e levied and collected upon <br /> 71 <br /> the several lots, tracts or parcels of land in said 1,oca.l Improvement <br /> 8 District, and the proceeds of the..;sale of all the bonds of said dis- <br /> v tri ct for the purpose of defraying the cost and expense of such im- <br /> 10 !provement. Out of said fund shall be paid the bonds, the interest <br /> 2 thereon, and the entire cost of said improvement, <br /> 1. <br /> 22 j Section 5 : That the cost and expense of such improvemnt <br /> 13 shall be defrayed by special assessments , payable yr. ten equal annual <br /> 14 installments with interest at the rate of ascotdc4004=911d 7% per arinum <br /> 15 under the mode of "Payment by bonds," as provided by law and the Or- <br /> 16 dinances of said city. Bonds bearing interest at the rate x0V-Woct <br /> 27 V.VcAlleffet4. 75 per annum, payable on or before twelve years from the <br /> 18 <br /> date of issuance shall be issued in payment of the cost and expense <br /> 19 r <br /> of such improvement, or the City of Everett may at its election sell <br /> 20 said bonds and make payment in cash in the manner provided by the Or- <br /> 21 dinances of said City. <br /> 22 <br /> ayor. <br /> 23 Passed: Aug 15th , 1922 <br /> 24 <br /> 25 Attest: <br /> City Clerk <br /> 26 <br /> 27 <br /> Published: i'u;. 17th , 1922 <br /> 28 <br /> 29 <br /> 30 <br /> 31 - <br />