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ID <br /> be liable in any manner for any portion of the cost and expense of <br /> such improvement. <br /> Section 3: That there is hereby established a local improve- <br /> ment District to be called "Local Improvement District No. ", <br /> which said district shall include the following described property, <br /> to-wit: Lots 1 to 16, inclusive, block 1; lots 17 to 32, inclusive, <br /> block 2; lots 17 to 32, inclusive, block 7; lots 1 to 16, inclusive, <br /> block 8; all in Climax Land Company' s First Addition to Everett; Lots <br /> 17 to 31, inclusive, block 7; lots 2 to 16, inclusive, block 8; lots <br /> 1 to 16, inclusive, block 9; lots 17 to 32, inclusive, block 10; lots <br /> 17 to 32, inclusive, block 25; istaxixicaxiixxizzimskYtxxbieRkxRikx <br /> lots 1 to 16, inclusive, block 26; all in Friday' s First Addition to <br /> Everett; lots 17 to 32, inclusive, block 737; lots 1 to 16, inclusive, <br /> block 73£ ; lots 1 to 16, inclusive, block 766; lots 17 to 32, inclus- <br /> ive, block 767; Plat of Everett; lots 17 to 32, inclusive, block 791; <br /> lots 1 to 16, inclusive, block 792; lots 1 to 16, inclusive, block <br /> 821; lots 17 to 32, inclusive, block 822; Plat of Everett, Division <br /> "A"; lot 32, block 853; lot 1, block 854, Plat of Everett, Division <br /> "H"; all unplatted property between Thirtyeighth and Fortieth Streets <br /> within 128.81 feet of the east line of Wetmore Avenue. <br /> Section -: A special fund is hereby created to be called <br /> "Local Improvement District Fund No. ", which shall consist in <br /> the aggregate of the several amounts assessed, levied and collected <br /> on .the several lots and parcels of land in said local improvement <br /> district, and the proceeds of the sale of all of the bonds of said <br /> district, for the purpose of defraying the cost and expense of such <br /> improvement. Out of said fund shall be paid the bonds, interest there- <br /> on, and the entire coat of said improvement. <br /> Section 5: That the cost and expense of such improvement <br /> shall be defrayed by special assessment payable in ten equal annual <br /> installments,with interest thereon at the rate of not more than seven <br /> per cent per annum,under the mode of "Payment by Bonds" as defined by laiA <br /> and the ordinances of said city.Bond: bearing interest at the rate of not <br />