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�e S j Y Y A 1,' \� ""5L } ti 0. 7 3 'l d1 <br /> t. <br /> l t`b d,4 F • <br /> and now on file in the office of t� ; he city engineer, which plans and �` <br /> r t ons are herebyadopted and approved. , ° !, <br /> P p t� <br /> y s.�ec if icati ; <br /> - x Section 2: That the cost and expense of such improvement, <br /> including all necessary and incidental expenses , shall be borne by <br /> �� and assessed against the property included in the assessment district <br /> r <br /> herein created in accordance with law. The city of .r;verett shall <br /> ,a - not be liable in any manner for any portion of the cost and expense <br /> fka3 x :4, of said improvement. <br /> r <br /> Section 3: That there is hereby established a local <br /> improvement district to be called "Local Improvement District No./" <br /> r <br /> :. which said district shall include the following described property, <br /> to-:.�it: Lots 1 to 10 inclusive , in "block 1, and 23 to 32 inclusive <br /> r4{ ` -" in block 2, all in Headlee's First Addition to the city of .�verett; <br /> and lot 1 in block 3 in Terrace Addition to the city of Everett". <br /> , Section 4: A special fund is hereby created to be called <br /> 4 <br /> "Local Improvement Fund District No.,5// " and which shall consist <br /> 4 x . in the aggregate of the several amounts assessed, levied and collect�- <br /> -,'J4.�4 r x <br /> ed on the several lots and parcels of land in said local improvement <br /> a <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 <br /> t <br /> b thereon, and the entire cost of such improvement. � ' -P <br /> q.° Section 5: That the cost and expense of such improvement <br /> ., shall be defrayed by special assessments payable in ten annual °" <br /> installments , with interest at the rate of 4..,_ per cent per annum N. ' <br /> and e:r the'x'mode of "payment by bonds" as defined by law and they '�` ` <br /> -, ordinances of said city. Bonds bearing interest at the rate of °1 ' <br /> per cent per annum, payable on or before twelve years from date of <br /> '' issue, shall be issued in payment of the cost and expense of such <br /> ., improvement, or the city of Everett may, at its election, sell said <br /> 4 <br /> ti bonds and make payment in cash the manner in »provided by the ordin <br /> 4 -' ances es of said city. <br /> y <br /> Passed � � ,O ayor. <br /> Attest , • City Clerk. <br /> Published nY 1 s ' <br /> +1"'� it Y 3 h yr:f <br /> i.r. t. 4s r. .,. ,.,..:.,.4 r' <br />