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immmmmimmimmmw <br /> Illr <br /> 040 <br /> L;ection 4 : A special fund is hereby created to be called <br /> shall <br /> Local Improvement District Fund iTo. 378 which/consist in the <br /> aggregate of the several amounts assessed, levied and collected <br /> 1 on the several lots and parcels of lard in said Local Improvement <br /> 2 "Astrict rnd the proceeds of the sale of the bonds of said district <br /> 3 for the pur2ese of defraying the cost and expense of such im1'ove- <br /> 4 ment . Out of said fund shall be paid the bonds, the interest <br /> thereon and the entire cost of such improvement. <br /> 5 <br /> 6 Section 5 : he cost and expense of such improvement shall <br /> be defrayed by special assessment payable in ten (10 ) equal annual <br /> 7 <br /> 8 installments with interest thereon at the rate of seven percent <br /> 9 (7%)ppr annum udder the mode of payment by bonds as provided by <br /> law and the ordinances of said city. : ends bearinC interest at the <br /> 10 <br /> rate of seven percent (7%) per annum, payable on or before twelve <br /> n <br /> 12 (12) years from date of issue shall be issued in payment of the <br /> 13 costs and e::oenses of such improvement, otrthe uity of 7verett <br /> 14 may, at its election, sell said bonds and make payment in cash <br /> 15 in the manner provided by the ordinances of said city. <br /> 16 <br /> 17 <br /> 1: ayor. <br /> 18 <br /> 19 <br /> passed: '"f'th 19ttest <br /> 20 <br /> 21 <br /> La 6y <br /> 22 Published: June 22nd , 1922. <br /> 23 <br /> 24 <br /> 25 <br /> 26 <br /> 27 <br /> 28 <br /> 29 <br /> 30 <br />