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Ordinance 0367OBDIVA CE L 0. 367 . (L.I.D 36 ) An Ordinance ordering the improvement of the Lorth side of Dayton Street in the City of Edmonds, from the East line of Third Street to the West line of Seventh Street by the construction thereon of a five-foot concrete sidewalk, concrete cross -walks and doing such other work as may be necessary in accordance there- with, to make a complete improvement, all in accordance with and pursuant to a majority petition failed with the City Council on the fifteenth day of September, 1925,. creating a.Local Improvement District for said improvement and providing that the payment there- for shall be by the payment by Bond plan. Be it ordained by the City Council of the City of Edmonds, Washington, as follows: SECTIOI 1: That the Sorth side of Dayton Street in the City of Edmonds, from the East line of Third Street to the West line Of Seventh Street be improved by the construction thereon of a five-foot concrete sidewalk, concrete cross -walks and doing such other work as may be reasonably necessary in connection therewith, all in accordance with plans and specifica#1®r to be prepared by the City Engineer.of said City and in accordance with and pur - suant to that certain petition for said improvement filed with the City Coaroil of Edmonds, on the fifteenth day of September, 1925, and which petition is signed by the owners of more than a majority of the lineal frontage and area of the Local Improvement. District hereinafter created. SECTIOL 2: That said improvement be made along and in front of the following described property which will be effected by said 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: L.I.D. LO. 36. Beginning at the Northeast corner of Third and Dayton Streets and rur_ning thence L orth sixty (60) feet; thence East one hundred fifty-nine and ninety-five hundredths, (159.96) feet; thence South sixty (60) feet to the L orth margin of Dayton Street; thence' West one hundred fifty-nine and ninety- 354 five hundredths, (159.95) feet to the point of beginning. Beginning at a point on the East margin of Third Street sixty (60) feet Lorth of its intersection with the NWorth margin_ of Dayton Street, and running thence Forth sixty (60) feet; thence East ore hundred fifty -rive and ninety-five hundredths, (159.95) feet; thence South sixty (60) feet; thence West one hundred fifty -Tire and rirety-five hundredths (159.95) feet to the poirt of begirr.ing. Beginning at the lorthwest corner of Fourth and Dayton Streets and runring thence forth one hundred twenty (120) feet; thence West ore hundred thirty-six (136) feet; therce South one hundred twenty (120) feet; thence East one hundred thirty-six (136) feet to the point of beginning. Beginning at the Northeast corner of Fourth and Dayton. Streets and running thence Forth sixty (60) feet; thence East one hundred twenty-two and seventy-one hundredths (122.71) feet; thence South sixty (60) feet; thence West one hundred twenty-two and seventy-one hundredths (122.71),feet to the point of beginning. Beginning at a point on the East margin of Fourth Street Sixty ( 60 ) feet L orth. of its intersection with the IC orth margin of Dayton Street and running thence L orth sixty ( 60 ) feet; thence East one hundred twenty-two and seventy-one hundredths (122.71) feet; thence South sixty (60) feet; therce 'Vest one hundred twenty-two and seventy --ore hundredths (122.71) feet to the point of begi=ring. Beginning at the I orthwest correr of Fifth and Dayton Streets, and rurnirg thence Iorth ore hundred twenty (120) feet; thence Wiest one hundred twenty-two and seventy-one hundredths (122,71) feet; thence South one hundred twenty (120) feet; therce East one hundred twenty-two and seventy-one hundredths (122.71) feet to the point of beginning. A-11 of Lots 21 to 40, both inclusive in Block one hundred twer_ty (120) of the City of Edmonds. The T'orth fifty-four (54) feet of Lots thirty-eight (38) , thirty -rice (39) and forty (40) in Block ninety-seven (97) of the City of Edmonds. The South fifty-six (56) feet of Lots thirty-eight (38), thirty --rime (39) and forty (40), in Block ninety-seven (97) of the City of Edmonds.' L11 of Lots twerty-one to thirty -sever (21 to 37),both in- clusive in Block ninety -sever (97) of the City of Edmonds. That the cost of said improvement on said Dayton Street shall be assessed against the property above described and against all lots, tracts and parcels of land lying and being within the in7!— provement district hereinafter created, in proporLlior to the benefits derived therefrom as provided by the Ordina=ees of the City of Edmonds and the laws of the 'Mate of WashiY :,tor. SECTIOL 4: That the mode of payment shall be under the "Pay- mert by Bord"Plan by which plan Bonds of said district shall be issued payable in twelve (12) equal arraal paymerts or irstallmerts with irterest thereon at the rate of eight (8Q)percent per arrum. SECTION: 5: That the estimated cost of said improvement is the sum of twenty -ore ardsever.ty ($2170.00) dollars. SECTION: 6: That there is hereby created a local improvement district to be designated and known as "Local Improvement District Fo.36", which shall include all the property hereinbefore described. SECTION; 7: That there be and is hereby created a local im- provement fund to be known and designated as "Local Improvement District Fund 19o.36". SECTION 8: That said improvement shall be made under the di- rection of the Qity (;oureil and the City Engineer and in accordance with the plans and specifications now or file with the City Clerk of the City of Edmonds. 355 SECTION 9: The Bonds to be issued as hereinbefore provided may be delivered and sold to the Contractor doing the work of such improvement in payment 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 Bonds 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. SECTIOg 10: That -the special assessments to be levied as hereinbefore described shall be payable in twelve (12) equal annual installments with interest at the rate of eight (8f) pervert per annum, anti such irstallments shall be collected in the mar_ner pro- vided by the general Ordinances of the City of Edmonds, and the laws of the State of Washington. SECTIOFj 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 Rayor and its publi- cation according to law. Passed by the City Council of the City of Edmonds in regular session this Sixth day of October, 1925 and approved by me on the same date. Attest: Geo.M. Leyda, City Clerk. Alice U. Zerr, Mayor. I hereby certify that the foregoing Ordinance is a true and correct copy of the original as passed by the City Council of the City of Edmonds on the Sixth day of October, 1925. Published October 9th, 1925. Geo.M.Leyda, City Clerk. I hereby certify that the above and foregoing is a true and correct copy of Ordinance ro.367 of the City of Edmonds, Wash. Geo.M.Leyda, City Clerk.