Arizona republican., 1912-09-22

plated work or improvement in the opinion of the Common Council is of more than local or ordinary nubIir benefit and said Common Counci hereby make the cost and expense of sald work or improvement chargeable upoh district and hereby declares that the district in said City O! FhoeniX benefited by said work or improvement and to be assessed to lay the costs and expenses thereof 1 is described as follows:
 All that portion of said City lying within the following described ex- terior boundary line, to-wit: Begin ning at the southwest corner of Ad- ams and Fifth streets; thence south efiy along the westerly line of Fifth street to point midway between the sCutherly line of Adams street and the northerly line of Washington street; thence westerly along the line midway between the southerly line of Adams street and the northerlv line of Washington street to the easterly line of Third street; thence along the easterly line of Third street to d point midway between the north
 
 southerly line of Monroe street; thence easterly on the line midway between the northerly line of Adams street and the southerly line of Monroe street to the westerly line of Fifth street; thence southerly along the westerly line of Fifth street to the point of be- binning, excepting therefrom any DOT tion of any public street or alley which ma ln incl 1o1 cribed district
 Section ;. The City Engineer is hereby directed to make a diagram of the district described hereinabove in Section ? of this Resolution of Intention to be assessed to pay the costs and expenses thereof Such da- gram shall show each separate lot. piece. or parcel of land in said dis trict, and the relative location of the same to the work proposed to be done.
 Section 4. The said Common Coun- cil finds that the public convenience requires that serial bonds be issued to represent the cost and expense of such work or improvement and said Common Council determines that serial bonds shall be issued to repre- sent each assessment of twenty five dollars (s25OO) or more for the cost of said work or improvement: said serial bonds shall extend over period ending nine 60 years from and after the End day of January next succeeding the date of said bonds. and an even annual propor- tion of the principal sum thereof shall be payable by coupon on the End day of January and July re- srectively of each year at the rate of six per cent (6%t) per annum on all sums unpaid until the whole of said principal sum and interest are paid
 Section ,. The serial bonds herein mentioned shall be issued in accord ance with the provision of an Act of the Legislature of the State of Arizona known and designated as the Improvement Act of 1912, 'approved May r. 1912. and all the proceedings of the aforesaid improvement shall also be taken under said Improve ment Act of 1912"
 Section 6 The City Recorder shau certify to the passage of this Reso- ilIlIOU nI dJIU SIldll NduSt the same to be published ten times in the Arizona Republican a daily newspaper published and circulated in the City of Phoenix and hereby designated for that purpose.
 Section z The Superintendent of Streets of the City of Phoenix shall post notice of said proposed i'm provement as required by law. and in said notice shall refer to this "Reso- lution of Intention"
 I hereby certify that the above and fore going Resolution No. 544 was duly passed by the Common Council of Phoenix at a meeting held Sep tember 20. 1912, and that a quorum was present thereat
 FRANK THOMAS,
 City Recorder.
 First publication Sept 22, 1912.