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which said district shall contain the following described property: <br /> All the property between the termini of said improvement, abutting <br /> upon, adjacent, vicinal or proximate to such portion of said <br /> Rockefeller Avenue as above set forth, to' a distance back from the <br /> marginal lines thereof as provided by law, and the property included <br /> within said local improvement district and none other shall be. <br /> considered and held to be the property specially benefied by said <br /> improvement. <br /> Section 4: That there is hereby created a local improve- <br /> ment district find, to be called local improvement district fund No. <br /> 'V\\k_ which shall consist in the aggregate of the several amounts <br /> assessed:, levied and collected upon the several lots or parcels of <br /> land in said local improvement district, and the proceeds of the <br /> sale of all bonds. Out of said. fund shall be paid the bonds, <br /> interest thereon, and the entire cost of said improvement. <br /> 'Section 5: That the cost and expense of such improvement <br /> shall be defrayed by special assessments payable in equal <br /> annual installments , with interest at the rate of seven per cent <br /> per annum, under the mode of'tayment by bonds' , as defined by law <br /> and the charter and ordinances of said city. Bonds bearing interest <br /> at the rate of seven per cent per annum payable on or before <br /> years from the date of issue shall be issued in payment of the cost <br /> and expense of such improvement. The city of Avereatt may at its <br /> election sell said bonds and make payment in cash, in which case <br /> warrants bearing interest at the rate of seven per cent per annum <br /> shall be issued in payment of such improvement. <br /> rIayo r. <br /> Passed SEP 18,1912 <br /> Attest ) <br /> Publishede 191912 <br />