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fund shall be paid the bonds , interest thereon, and the entire <br /> cost of the improvement. <br /> Section 5: That the cost and expense of such improvement <br /> shall be defrayed by special assessments payable in ten (10) equal <br /> annual installments, with interest at the rate of per cent <br /> per annum under the mode of "Payment by bonds" , as defined by <br /> law and the ordinances of said city. Bonds bearing interest at the <br /> rate of 7 per cent per annum payable on or before ten (10) <br /> years from date of issue shall be issued in payment of the cost <br /> and expense of such improvement, or the city of . verett may, at its <br /> election, sell said bonds and make payment in cash in the manner <br /> provided by the ordinances of said city. <br /> ait, ./:-6 <br /> / Mayor. <br /> Passed MAR 1 6 1915 <br /> Attest -\' <br /> �Q-u,caa -� <br /> City Clerk. <br /> Published MAR 1 8 1915. <br />