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• <br /> ORDINANCE NO. /5/; —?&, <br /> AN ORDINANCE of the City of Everett, Washington, ordering the <br /> improvement of Evergreen Way Gateway all in accordance with <br /> Resolution No. 2779 of the City Council; establishing Local <br /> Improvement District No. 725 and ordering the carrying out of <br /> the proposed improvement; providing that payment for the <br /> improvement be made by special assessments upon the property in <br /> the District, payable by the mode of "payment by bonds"; and <br /> providing for the issuance and sale of local improvement <br /> district warrants redeemable in cash or other short-term <br /> financing and local improvement district bonds. <br /> WHEREAS, by Resolution No. 2779 , adopted OCTOBER 29th , 1986, the City <br /> Council declared its intention to order the improvement of Evergreen Way <br /> Gateway, and fixed December 10, 1986, at 8:30 a.m. , local time, in the Council <br /> Chambers of the City Hall as the time and place for hearing all objections <br /> thereto and for determining the method of payment for the improvement; and <br /> WHEREAS, the City Engineer caused an estimate to be made of the cost and <br /> expense of the proposed improvement and certified that estimate to the City <br /> Council, together with all papers and information in his possession touching <br /> the proposed improvement, a description of the boundaries of the proposed <br /> local improvement district and a statement of what portion of the cost and <br /> expense of the improvement should be borne by the property within the proposed <br /> district; and <br /> WHEREAS, that estimate is accompanied by a diagram of the proposed <br /> improvement showing thereon the lots, tracts, parcels of land, and other <br /> property which will be specially benefited by the proposed improvement and the <br /> estimated cost and expense thereof to be borne by each lot, tract and parcel <br /> of land or other property; and <br />