Arizona republican., 1912-09-16

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. towit: Beginning at the southeast corner of Central avenue and Jefferson street. thence easterly along the south line of Jefferson street to a point midway between the easterly line of Central avenue and the westerly line of First street to a point on the northerly line of Jackson street, thence westerly along the northerly line of Jackson street to a 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 1 tion of any public street or alley which may be<included in the above described district
 Section 8 The City Engineer is 1 hereby directed to make a diagram of the district described hereinabOVe
 in Section of this Resolution of ln- | tention and to be assessed to pay the expenses thereof Such diagram shall show each separate lot, piece or par
 eel of land in said district and the 1 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 | ($25O0) or more for the cost of saiG work or improvement; said seria bonds shall extend over a period end ing nine (9) years from and after the 2nd day of January next succeeding l the date of said bonds, and an ever
 annual proportion of the principa sum thereof shall be payable by
 coupon on the 2nd day of January an6 July respectively of each year at the
 rate of six per cent (6f0 per annun
 on all sums unpaid until the whole of said principal sum and interest art paid
 Section 3 The serial bonds here in mentioned shall be issued in ac- cOrdance with the provision of an ac Of the Legislature of the State o
 Arizona known and designated a:
 the Improvement Act of 1912" ap-
 proved May F, 1912, and all the pro
 ceedings of the aforesaid improve ment shall also be taken under saiC
 Improvement Act of 1912"
 Section 6. The City Recorder shal
 certify to the passage of this ResOlu
 tion of Intention and shall cause tn
 same to be published ten times in tn
 Arizona Republican, a daily newspape
 published and circulated in the Cit.
 of Phoenix and hereby designated fo
 that purpose.
 Section ' The Superintendent O
 Streets of the City of Phoenix shal post notice of said proposed improve
 ment as required by law, and in sai notice shall refer to this Resolution of Intention"
 I hereby certify that the above an l foregoing resolution No. 536 was dul , passed by the Common Council c Phoenix at a meeting held Septem , Der 9, 1912, and that a quorum wa , present thereat
 FRANK THOMAS, City Recorder. f First publication Sept. II, 1912.