Arizona republican., 1912-09-13

a district and hereby declares that the district in said City of Phoenix benefited by said work or improve ment and to be assessed to pay the costs and expenses thereof is described as follows: All that portion of said City lying within the following des- cribed exterior boundary line; tO-Wlt: Beginning at the southeast corner of Central avenue and Jefferson street. thence easterly along the south line of Jefferson street to point midway between the easterly line of Central avenue and the westerly line of First street to a point on the nOrthery line of Jackson street, thence westerly along the nOrtherly line of Jackson street to point midway between the westerly line of Central avenue and the easterly line of First avenue, thence nOrtherly along the line mid way between the westerly line of Gen. tral 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
 Section 8 The City Engineer is hereby directed to make a diagram of the district described hereinabove in Section 2. of this Resolution of In- tention and to be assessed to pay the expenses thereof. Such diagram shall show each separate lot. piece or par ictr iat Q 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 expense of such work or improvement, and said Common Council determines that serial bonds shall be issued to represent each as sessment of twenty-five dollars l ($25 OO) 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 2nd day of January and | July respectively of each year at the ! rate of six per cent (6&o per annum | on all sums unpaid until the whole | of said principal sum and interest are
 paid
 ! Section 3 The serial bonds here 1 in mentioned shall be issued in ac-
 cOrdance with the provision of an act
 of the Legislature of the State Ol | 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 sait Improvement Act of 1912"
 Section 6. The City Recorder shal
 certify to the passage of this Resolu-
 tion of Intention and shall cause tht
 same to be published ten times in tht
 Arizona Republican, a daily newspaper
 published and circulated in the City
 of Phoenix and hereby designated fol that purpose.
 1 Section ( The Superintendent o1
 Streets of the City of Phoenix shal
 post notice of said proposed improve
 notice shall refer to this Resolution 1 of Intention
 I hereby certify that the above anC foregoing resolution No. 536 was duly passed by the Common Council O.
 Phoenix at a meeting held Septem- Der 9, 1912, and that a quorum was present thereat
 FRANK THOMAS. City Recorder. First publication Sept. II, 1912.