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1 That the City of Everett shall establish, construct, own, <br /> 2 maintain, manage and operate a Public Market upon premises owned <br /> 3 <br /> by said city in -.Block 664, Plat of Everett, Snohomish County, State <br /> 4 of ' as'_•'rin ton, and construct, acquire, install and maht&in there <br /> 5 in any and all counters, fixtures, and equipment deemed necessary <br /> 6 or convenient for the operation of a Public ,Market for the sale <br /> 7 of all kinds of butter, eggs, meats, fish, fruits, vegetables and <br /> 8 other perishable provisions, and provide for any and all storage <br /> 9 and cold storage facilities deemed necessary, in connection with <br /> 10 said Public Market, and manage and operate the same as a Public <br /> Market for the sale of said provisions under rules and regulations <br /> 11 <br /> 12 to be hereafter provided by the City Council. That the selling <br /> 13 price of such goods, wares and merchandise, as are sold by the <br /> City, and the rentals received for space in said Public Market, <br /> 14 <br /> shall be and are hereby fixed at such a sum as will produce gross <br /> 15 <br /> revenues sufficient to pay all expenses and costs of operation <br /> 16 <br /> and maintenance of said Market, and permit the setting aside of <br /> 17 <br /> the fixed amount, out of such gross revenues as hereinafter <br /> 18 <br /> provided, to pay the interest on said bonds and to redeem the <br /> 19 <br /> same at maturity. That the estimated cost ofthe system or plan <br /> 20 <br /> hereinafter described is declared, as nearly as may be, to be in <br /> 21 <br /> the sum of $100,00000e A7 <br /> 22 <br /> 23 Section 3: That the gross revenues to be derived from the <br /> 24 operation of said Public Market at the rates to be charged for <br /> 25 the goods, wares and merchandise sold by the Ctty, and the rentals <br /> 26 received for space in said Public Market, will be sufficient in <br /> 27 the judgment of the Council and the corporate authorities to meet <br /> 28 all expenses of operation and maintenance and to permit the setting <br /> 29 aside from the gross revenues of said Public Market an amount <br /> 30 sufficient to pay the interest on the bonds as such intereat becomes <br /> 31 due and payable, and to redeem all of said bonds at maturity. The <br /> -2- <br />