Arizona republican., 1912-09-12

more than local or ordinary public benefit and said Common Council hereby makes the cost and expense of said work or improvement chargeable upon a district and hereby declares that the district in said City of Phoe- nix benefited by said work or i'm prOvement and to be assessed to pay the costs and expenses thereof, is described as follows: All that DOT tion of said city lying within the fol- lowing described exterior boundary line, to-wit: Beginning at the south west corner of Second avenue and Jef- ferSon street; thence Southerly along the westerly line of Second avenue to a 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 line of Fourth avenue, thence mortimer ly along the easterly line of Fourth avenue to a 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 ton of any public street or alley which may be included in the above described district.
 Section g. The City Engineer is hereby directed to make a diagram of the district described hereinaboVe in Section of this Resolution of Inten- tion to be assessed to pay the costs 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 dont.
 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 ser ial bonds shall be issued to represent each assessment of twenty five dol lars ($25.00) or more for the cost of said work or improvement; 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 (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 also be taken under said Improvement Act of 1912.'
 Section 6. The City Recorder shall certify to the passage of this Resolu ton 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 for that purpose.
 Section T. 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. 541 was duly passed by the Common Council of Phoenix at a meeting held September 10, 1912, and that a quorum was pres ent thereat.
 FRANK THOMAS.
 City Recorder.