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.� _ <br /> • <br /> • <br /> S I, <br /> • <br /> over the 20-year period. Said charge in lieu of assessment shall not affect <br /> requirements for off-street parking set forth in City of Everett zoning ordinances. <br /> Said charge shall be equivalent to the charges for the local improvement <br /> district zone in which the property is located, and all sums so collected by <br /> the City Treasurer shall be deposited in a fund hereby created and designated <br /> as the "City of Everett Off-Street Parking System Revenue Bond and Sinking Fund <br /> Account"; all funds so collected and deposited shall be used primarily for the <br /> retirement of revenue bonds issued for the purpose of financing the improvement <br /> contemplated under Ordinance No. 62-69 or, secondarily, as a source of funds <br /> for financing additional off-street parking facilities within the City of Everett. <br /> Section 5. This ordinance shall be made effective upon becoming valid. <br /> 0--441 <br /> MAYOR <br /> ATTEST: <br /> City er <br /> Passed: - 70 <br /> Valid: /6) - )- — -24) <br /> Published: ( CJ - 3- 7 d <br /> -3- <br />