Arizona republican., 1912-09-22

pay the costs and expenses thereof is described as follows: All that portion of said City lying within the following described exterior boundary line, to- wit: Beginning at the southeast cor ner of Central avenue and Jefferson street, thence easterly along the south line of Jefferson street to point mid way between the easterly line of First street; thence southery on the line midway between the easterly line of Central avenue and the westerly line of First street to a point on the north erly line of Jackson street, thence westerly along the northerly line of Jackson street to point midway be- tween the westerly line of Central avenue and the easterly line of First avenue, thence nOrtherly along the line midway between the westerly line of Central avenue and the easterly line of First avenue to a point on the south- erly line of Jefferson street. thence easterly along the southerly line of Jefferson street to the point of begin ming, excepting therefrom any DOT tion of any public street or alley which may be<included in the above described district
 
 hereby directed to make a diagram of the district described hereinabove in Section of this Resolution of In i, tention and to be assessed to pay the costs and expenses thereof Such dia- gram shaH 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. 4 T (trN.tYl cil finds that the public convenience requires that serial bonds be issued to represent the costs and expenses of such work or improvement, and said Common Council determines that ser ial bonds shall be issued to represent each assessment of twenty five dollars ($25.0O) or more for the cost of said work or improvements said serial bonds shall extend over a period end 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 per cent (6@o) per annupl on all sums unpaid until the whole l Ot Sa1Q pr1nc1paI sum ana interest are paid.
 Section 5 The serial bonds here l in mentioned shall be issued in ac~ cordance with the provision of an act of the Legislature of the State Of Arizona known and designated as the Improvement Act of 1912" ap- proved May r, 1912, and all the pro ceedings of the aforesaid improve ment shall also be taken under said ! Improvement Act of 1912"
 Section 6. The City Recorder shall certify to the passage of this Resolu tion of Intention and shall cause 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 '. The Superintendent of
 Streets of the City of Phoenix shall
 post notice of said proposed improve
 ment as required by law, and in said
 notice shall refer to this Resolution
 of Intention"
 I hereby certify that the above and
 foregoing resolution No. 545 was duly
 passed by the Common Council oi
 Phoenix at a meeting held Septem
 Der 20 1912, and that quorum was present thereat.
 FRANK THOMAS, City Recorder. First publication Sept, 22, 1912,