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• <br /> • t r <br /> Section 4. In order to finance not to exceed $1 , 000 ,000.00 of <br /> the cost of acquisition and construction of said off-street parking space and <br /> facilities hereinabove described a local improvement district shall be created <br /> and not to exceed $1 ,000,000.00 of said cost and expense of the improvement <br /> shall be borne by and assessed against the properties specially benefited by <br /> such improvement to be included in the local improvement district to be <br /> established, embracing as near as can be all properties specially benefited <br /> by such improvement. The territorial extent within which properties to be <br /> specially benefited are located and the areas to be included within the <br /> boundaries of such district are as follows: <br /> Block Plat <br /> W 1/2 612 Rucker's First Plat <br /> E 1/2 613 Rucker's First Plat <br /> E 1/2 623 Plat of Everett <br /> 624 Plat of Everett <br /> 625 Plat of Everett <br /> 667 Plat of Everett, and Tunnel Addition <br /> 668 Plat of Everett, and Tunnel Addition <br /> E 1/2 669 Plat of Everett, and Tunnel Addition <br /> E 1/2 681 Plat of Everett <br /> 682 Plat of Everett <br /> 683 Plat of Everett <br /> So. 237.5 ft. of W 1/2 of Block 623, Plat of Everett <br /> The cost and expense of said improvement and the amount to be assessed may <br /> include such cost items as specified in RCW 35 .44.020. <br /> Section 5. The City shall finance the remaining cost and expense <br /> of the acquisition of said land and construction of said off-street parking <br /> facility thereon by the issuance and sale of off-street parking revenue bonds <br /> in one or more series to be paid out of the revenues derived from the operation <br /> of said facilities and in addition thereto from such amount of revenues from <br /> on-street parking meters as the City shall hereafter determine to pledge for <br /> such purpose. <br /> -3- <br />