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1 <br /> installments, with interest thereon at therate of not more than <br /> Seven (7) per cent per annum under the mode of payment by bonds, <br /> 2 <br /> as provided by lawand the Ordinances of said City. Bonds bearing <br /> 3 <br /> interest at the rate of not more than seven (7) per cent per annum, <br /> 4 <br /> payable on or before twelve (12) years from date of issue shall be <br /> 5 <br /> issued in payment of the cost and expense of such improvement , or <br /> 6 <br /> the City of Everett may at its election, sell said bonds and make <br /> 7 <br /> payment in cash in the manner provided by the ordinances of said <br /> 8 <br /> 9 City. <br /> 10 _________ <br /> ;;Tay o r. <br /> 11 <br /> J 1y 2Ot , 0 <br /> 12 Passe ._-_.. <br /> 13 <br /> Attest : LA <br /> 14 er <br /> 15 <br /> Published: July 22nd 1920. <br /> 16 <br /> 17 <br /> 18 <br /> 19 <br /> 20 <br /> 21 <br /> 22 <br /> 23 <br /> 24 <br /> 25 <br /> 26 <br /> 27 <br /> 28 <br /> 29 <br /> 30 <br /> 31 <br /> .3. <br />