Arizona republican., 1912-09-22

that the district in said City ot Phoenix benefited by said work ol improvement and to be assessed te pay the costs and expenses thereof is described as follows:
 All that portion of said City lying within the following described eX- terior boundary line, to-wit: Begin ming at the southwest corner of Ad- ams and Fifth streets; thence south erly 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 northerIv line of Washington street to the easterly line of Third street: thence northely along the easterly line of Third street to a point midway be- tween the northerly line of Adams street and the southerly line of Mon roe street; thence easterly on the line midway between the northerly line of Adams street and the south erly line of Monroe street to the westerly line of Fifth street; thence sOutherly along the westerly line of Fifth street to the point of beginning, excepting therefrom any portion of any public street or alley which may be included in the above described district
 Section 3. The City Engineer is hereby directed to make a diagram of the district described hereinaboye in Section of this Resolution of Intention to be assessed to pay the costs and expenses thereof Such dia- 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 ($25.OO) or more for the cost of said work or improvement; said serial bonds shall extend over a period ending nine (9) years from and after the 2nd day of January next succeeding the date of said bonds, and an even annual propor- ton 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 (69O per annum on ali 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 Act of 1912 ,'approved May r, 1912, and all the proceedings )f the aforesaid improvement shall also be taken under said Improve nent Act of 1912
 Section 6. The City Recorder shall certify to the passage of this Reso- ution of Intention and shall cause the same to be published ten times in the Arizona Republican daily 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- ution of Intention
 I hereby certify that the. above and foregoing Resolution No. $40 was duly passed by the Common Council of Phoenix at a meeting held Sep tember 10, 1912, and that a quorum was present thereat
 FRANK THOMAS,
 City Recorder.