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Ordinance 0343ORD33 AN CE N 0. 343 (L. I .D. 34 ) An Ordinance ordering the improvement of the Alley through Block 96 from the Trunk Sewer in Sixth Street East to Seventh Street in the following manner: By constructing thereon a lateral Sewer system upon said Alley in the City of Edmonds, Washington, also by corstructirg thereon inlets, catch -basins, man -holes, lamp -holes, and doing such other work as may be necessary in connection therewith, all in accordance with and pursuant to Resolution of Intention L o. 43, passed by the City Council of the City of Edmonds on the Seventeenth day of October, 1922; creating a Local Improvement District for said improvement and providing that the payment therefor shall be by the "Payment by Bord" plan. Be it ordained by the City Council of the City of Edmonds, Snohomish County, State of Washington., as follows: SECTION 1: That the Alley through Block 96 from the trunk Sewer in Sixth Street East to Seventh Street, in the City of Ed - Monde, Washington, be improved by constructing thereon a lateral Sewer system in and upon said Alley; also by constructing the necessary inlets, catch -basins, manholes, lamp -holes, and doing such other work as may be necessary in connection therewith, in accordance with plans and specifications row on file in the office of the City Clerk of the City of Edmonds, said plans and specifications having been approved by the City Council of the City of Edmonds on the 21st day of l ovember, 1922, and pursuant to Resolution of Intention Lo.43 passed by the City Council of the City of Edmonds on the seventeenth day of October, 1922. SECTIO1 2: That said improvement shall be made along and in front of the following described property which will be effected by such improvement and which will be included within the improve- ment district herein created and limited to such property for the purpose of assessment as hereinafter provided, towit: Lots 1 to 20, Block 96, Plat of the City of Edmonds. Lots 35 to 40, Block 96, Plat of the City of Edmonds, all of the above property being situated and lying within the City of Edmonds, Snohomish County, and State of Washington. 350 SECTION 3: That the cost of said improvement on said Alley in Block 96 shall be assessed against the property above describ- ed and against all lots, tracts, and parcels of land lying and being withir the improvement district hereinafter created in proportion to the benefits derived therefrom as provided by the Ordinances of the City of Edmonds, and the laws of the State of Washington. SECTIOr 4: That the mode of payment shall be by the nPay- ment by Bond" plan, by which plan Bonds of said district shall be issued payable in ten (10) equal annual installments with interest thereon at the rate of seven (7%) percent per arum. SECTIOF 5: That the estimated cost of said improvement is the sum of one thousand six hundred ($1600.00) dollars. SECTION 6: That there is hereby created a Local Improvement District to be known as "Local Improvement District Lo.34 which shall include all of the property hereinafter described'. SECTIOL 7: That there be and is hereby created a Local Im- provement Fund to be known as "Local Improvement Fund Np.3411. SECTIO1, 8: That said improvement shall be made under the direction of the City Engineer and in accordance with the plans and specifications now on file with the City Clerk of the City of Edmonds SECTIOT 9: The Bonds to be issued as hereinbefore provided may be delivered and sold to the Contractor doing the work of such improvement in paymert of his services or they may be sold by the City Clerk at private sale, provided, however, that the returns from the sale of said Bords must net the par value of the same plus accrued interest and the proceeds thereof shall be applied in payment of the costs and expenses of said improvement. SECTI0E 10: That the special assessments to be levied as hereinbefore described shall be payable ire ten (10) equal annual installments with interest at the rate of seven (T%) percent per arum, and such installments shall be collected in the manner provided by the City Ordinance and the State Laws. SECTIOF 11: This Ordinance shall take effect and be in full force and effect from and after its passage by the City Council of the City of Edmonds, its approval by the Mayor and its publi- cation according to law. Passed by the City Council of the City of Edmonds in regular session this r ovember fourteenth, and approved by me the same date. Attest: Geo.M.Leyda, City Glerk. F.A.Beeson, mayor. I hereby certify that the above and foregoing is a true and correct copy of Ordinance N o.343 of the City of Edmonds, mash. Geo-M.Leyda, City Glerk.