The Lynden tribune. [volume] (Lynden, Wash.) 1908-current, 1916-11-09

eels of land and other properly
shown upon said rolls are hereps
declared to be specially beheii,teu
hv said improvement in amounts
not less than the amounts charseu
against the same, ana that Inv
ar, cunt appearing against the same
is in proportion TO the beneilts 90
tt several lots, parcels and TRACTS
of land and other property appear
ing on said roll.
There is hereby levied and assess
&c against each of such lots, tracts
parcels of land and other properly
ar nearing on said roll, the amour,
finally charged against the same
thereon as appears opposite the ue-
scription of the respective iots'
tracts parcels of land or other prep
ertv in the column marked flhai
Levy. and the said sum so levled
and assessed shall bear interest III
the rate of seven CD per cent per
arnum from the date of deiinqueh-
cy of said ROLL provided that IN the
event Certificate of Delinquency
or a Certificate of Sale is issued as
provided by law, then and In that
event the rate of interest provided
in said certificate shall be paid in
all respects as provided by law.
SECTION III.
That for the purpose of this I'M
provement there is hereby created
and established a special fund to be
called and known as Local Improve
rent Fund, District No. u, into
which shall be paid all assessments
and installments thereof, paid as
provided herein, together with all
interest and penalties thereon, ana
all sums so paid into said fund
shall be applied sole y to the pay
uent of the cost and expense OF
such improvement and the redemp-
ton of warrants and bonds issued
in payment therefor.
SECTION w.
That the assessment so levied and
the sum SO charged thereby against
each of such lots, tracts, parcels of
land and Other property, or any por-
lion of such sum may be paid With
out interest within thirty 900 days
after the date of the first pubiica-
ton of the notice of the Town
Treasurer that said roll is in his
| hands for collection, and thereafter
[ the sum remaining unpaid may be
paid in ten GO) annual equal In
stallments with interest upon the
whole unpaid sum at the rate of
seven % per cent per annum, and
each year thereafter one of such in
sediments shall become due ;ogeth-
er with the interest thereon, ard
the interest on all installments
thereafter to become due, and shall
be collected in the same manner; or
the lien of any such assessment
may be discharged at any time by
paying the entire unpaid portion
thereof with all penalties and costs
attaching, together with interest
thereon TO date of delinquency of
the next installment thereof falling
due
SECTION V.
That after the expiration of the
.'A''s uos Sooh pay lis
above mentioned, bonds payable on
or before Twelve years from date.
bearing interest at the rate of seven
90 per cent per annum shall be is
saed for the redemption and pay
ment of outstanding warrants
against said district and the COSTS
OF said Improvement. Said bonds
shall be issued as provided by o.
dinance No. LAG and ordinances
anehdatory thereof, and shall be
dated fifty-one daysIater tran the
date of the first publication of the
treasurer's notice of collection as
herein provided.
Passed by the Town Council of
the Town of Lynden, Washington.
this Bird day of November. 1916.