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Ordinance 1504
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Ordinance 1504
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Last modified
5/22/2026 11:40:11 AM
Creation date
5/22/2026 11:40:04 AM
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Ordinances
Ordinance Number
1504
Date
3/12/1913
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,.,y,g" .-mom N s ."�. c" '" 'L ''� .� r �r ., - �.c a' <br /> v � „`' R r. t u . twC '�§M., k ', rr, �"' <br /> s.'° s t,Pt r�i£ t s;a , } € b ' y, ke. z _4of2 <br /> o Y1 h Y.:v !• F : : If": ' <br /> § i!e , xr "F yak.g <br /> S - to a '",r <br /> c <br /> between the termini of said improvement abutting upon, adjacent, . '� t s`Y�� <br /> vicinal or proximate to suc0" <br /> h portions of said street as above set ,; k . <br /> forth, to a distance back from the marginal lines thereof as ' , <br /> provided by law,and the property included within said local improve- <br /> } �x ncent district and none other shall be considered and held to be <br /> ° '�f: ,s <br /> the property specially benefited by said improvement. <br /> �' Section 4: A special fund is hereby created to be called <br /> "Local Improvement Fund District IIo. �- > " which shall consist in the <br /> . '`:.." aggregate of the several amounts assessed, levied and collected <br /> t> ; upon the several lots or parcels of land In Said improvement <br /> district and the proceeds of the sale of all of the bonds of said <br /> district. Out, of said fund shall be paid the bonds, the interest <br /> thereon and the entire cost of such improvement. <br /> Section 5: That the cost and expense of such improvement <br /> shall be defrayed by special assessments payable in ten equal <br /> annual installments , vYith interest at the rate of sever. per cent <br /> per annum, under the mode of 'Payment by Bonds" as defined by law <br /> anal the ordinances of said city. Bonds bearing interest at the rate <br /> of seven per cent per annum payable on or before ten years from the <br /> date of issuance shall be issued in payment of the cost and expense <br /> of such improvement, or the city of Ever <br /> ett may, a..t its election, <br /> sell said bands and make payment in cash, In the manner provided by <br /> the ordinances of said city. o <br /> ..Q,..h <br /> M! 11[ayor. <br /> Passed Y:wa _ ` ,,# <br /> Published MAR 131913 <br /> x � E ty Clerk. <br /> 4. fr. ,�c4: . .,eu. a... .�. �.,a , as hi?.' 2x.— _ _.. Ica.. ., s .< . <br /> �n:L„2r.x� ..+.. ,a .14 <br />
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