Arizona republican., 1912-09-13

towing described exterior boundary llne, to-Wit: Beginning at the south west corner of Second avenue and Jeff Ierson street, thence southerly along the westerly line of Second avenue to point midway between the southerly line of Jefferson street and the nor therly line of Madison street, thence westerly along the line midway be- tween the southerly line of Jefferson street and the northerly line of Madi- son street to a point on the easterly hne of Fourth avenue, thence mortimer " along the easterly line of Fourth avenue to point midway between the northerly line of Jefferson street and the southerly line of Washington street. thence easterly along the line midway between the northerly line of Jefferson street and the southerly line of Washington street to a point on the westerly line of Second avenue thence southerly on the westerly line of Second avenue to the point of be- ginning, excepting therefrom any DOT tion 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 hereinabove in Section ? of this Resolution of 1nten- l tion to be assessed to pay the costs i and expenses thereof. Such diagram shall show each separate lot, piece or parcel of land in said district, and the relative location of the same to the work proposed to be done.
 Section A. 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 ser 1 ial bonds shall be issued to represent each assessment of twenty-five dol- lars ($250O) or more for the cost of said work or improvements; said serial bonds shall extend over a period end l ing nine (9) years from and after the | End day of January next succeeding the date of said bonds, and an even annual proportion of the principal sum thereof shall be payable by coupon on the End day of January and July respectively of each year at the rate of six (6) per cent per annum on all sums unpaid until the whole of said principal sum and interest are paid.
 Section 5 The serial bonds herein mentioned shall be issued in accor- dance with the provision of an act of the legislature of the State of Ari- zona known and designated as the Improvement Act of 1912" approved May r, 1912, and all the proceedings of the aforesaid improvement shall
 lso be taken under said Improvement Act of 1912.'
 Section 6. The City Recorder shal certify to the passage of this Resolu- tion of Intention and shall cause the same to be published ten times in The Arizona Republican, daily newspaper published and circulated in the City of Phoenix and hereby designated fol that purpose.
 Section [ The Superintendent oi Streets of the City of Phoenix shal post notice of said proposed improve. ment as required by law, and in sai6 notice shall refer to this Resolution of Intention
 I hereby certify that the above and foregoing resolution No. 541 was duly passed by the Common Council oi Phoenix at meeting held Septembel 10, 1912, and that a quorum was pres ent thereat.
 FRANK THOMAS,
 City Recorder.