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CITY OF EVERETT, WASHINGTON 4 . <br /> ORDINANCE NO. / D-s ; <br /> AN ORDINANCE ordering the construction of certain <br /> street and drainage improvements and necessary <br /> appurtenances on the north side of Marilyn Avenue, <br /> east of Evergreen Way within the City pursuant to <br /> property owner's petition therefor; establishing Local <br /> Improvement District No. 723 and ordering the carrying <br /> out of the proposed improvement; providing that <br /> payment for the improvement be made by special <br /> assessments upon the property in the District, payable <br /> by the mode of "payment by bonds"; and providing for <br /> the issuance and sale of local improvement district <br /> warrants redeemable in cash or other short-term <br /> financing and local improvement district bonds. <br /> WHEREAS, a petition for the creation of a local improvement district to <br /> provide for the construction of certain street and drainage improvements and <br /> necessary appurtenances on the north side of Marilyn Avenue, east of Evergreen <br /> Way within the City, all of the cost thereof to be borne by the property <br /> included in the local improvement district and benefited by those <br /> improvements, was filed with the City Clerk; and <br /> WHEREAS, the City Engineer has caused an estimate to be made of the cost <br /> and expense of the proposed improvement and certified that estimate to the <br /> City Council, together with all papers and information in his possession <br /> touching the proposed improvement, a description of the boundaries of the <br /> district, and a statement of what portion of the cost and expense of the <br /> improvements should be borne by the property within the proposed improvement <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 /> WHEREAS, the City Council, by Resolution No.o2 754 ,adopted July 23, <br /> 1986, fixed August 13, 1986, at 8:30 a.m. , local time, in the Council Chambers <br /> of the City Hall as the time and place for hearing all matters relating to the <br /> proposed improvement and all objections thereto and for determining the method <br /> of payment for the improvements; and <br />