Ordinance 421-76 - Laserfiche WebLink

against the property included in the assessment district herein created. The costs and the expenses of the improvement to be assessed against the property, including the assessment district herein created, shall be assessed in accordance with the special benefits derived from the improvement with regard to the zone and termini method of spreading assessments. The City shall not be liable in any manner for any of the remaining expense and costs of the improvement except as provided in Chapter 144, Session Laws of 1923 or acts amendatory thereto, and the ordinances of the City of Everett. Section 4: That there is hereby established a LOCAL IMPROVEMENT DISTRICT TO BE KNOWN AS "LOCAL IMPROVEMENT DISTRICT NO. 697" WHICH DISTRICT SHALL INCLUDE THE FOLLOWING described property located in Everett, Snohomish County, Washington: That portion of the north half of the north half of Section 13, Township 28 North, Range 4 E.W.M. described as follows: Beginning at the northwest corner of Lot 1, Plat of Slovers Addition according to the plat thereof recorded in Volume 16 of Plats, page 71, records of Snohomish County, Washington; thence east along the north line of said Lot 1 a distance of 50.0 feet to the true point of beginning; thence southerly parallel to the east line of said Lot 1 to the north line of Lot 2 of said plat; thence westerly along the north line of said. Lot 2 to the north- west corner thereof; thence southerly along the westerly plat line of Solberg Addition and the westerly plat line of Solberg Addition No. 2 to the southwest corner thereof; thence easterly along the south line of said plat and its easterly projection to a point of intersection with the southerly projection of the easterly line of the Plat of Slover Addition; thence northerly along said southerly projected plat line to the northeast corner of Lot 1, plat of Slover Addition; thence westerly along the north line of Lot 1 and its westerly projection across Solberg Lane (8th Ave. West) and the north line of Lot 1, plat of Solberg Addition to the point of beginning. Section 5: THAT A SPECIAL FUND IS HEREBY CREATED TO BE KNOWN AS "LOCAL IMPROVEMENT DISTRICT FUND NO. 697" WHICH SHALL CONSIST IN THE AGGREGATE OF THE SEVERAL AMOUNTS LEVIED, ASSESSED AND COLLECTED ON THE SEVERAL LOTS, TRACTS, AND PARCELS OF LAND IN SAID LOCAL IMPROVEMENT DISTRICT AND THE PROCEEDS OF THE SALE OF BONDS OR INSTALLMENT NOTES IN SAID DISTRICT FOR THE PURPOSE OF DEFRAYING THE COSTS AND EXPENSES OF SUCH IMPROVEMENT. OUT OF SAID FUNDS SHALL BE PAID THE BONDS OR INSTALLMENT NOTES, THE INTEREST THEREON AND THE ENTIRE COST OF SUCH IMPROVEMENT. -2-