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• diagram recorded in the office of the Superintendent of Streets of said Town after confirmation by said Council, the several lots represented by said assessment numbers being so numbered and designated upon said diagram and assessment as so confirmed and recorded, severally and respectively. 3 . The unpaid list is in the amount of $12,040 .00 and bonds shall be issued upon the security of said unpaid assessments in the amount of $12, 039 .90 in accordance with the provisions of the Improvement Bond Act of 1915 (Division 10 of the Streets and High- ways Code) and under and pursuant to the provisions of said Resolu- tion of Intention and the proceedings thereunder duly had and taken that said bonds shall be fifteen (15) in number, shall be dated February 2, 1966, and bear interest from their date at the rate of not to exceed six per cent (6%) per annum, and the denomination of said bonds with their respective numbers and dates of maturity are as shown on Exhibit "B" hereto attached and made a part hereof by reference . 4 . Said. bonds shall be issued in series, and the unpaid assessments as shown on said list filed with the City Treasurer of said Town and determined by said Council, together with the interest thereon, shall remain and constitute a trust fund for the redemption and payment of said bonds and of the interest which may be due thereon, which unpaid assessments shall be taxable in annual series corresponding in number to the number of series of bonds issued, and an annual proportion of each assessment shall be payable in each year preceding the date of the maturity for each of the several bonds issued, and such proportion of each assessment coming due in any year, together with the annual interest thereon, shall in turn be payable ininstallments as the general taxes of said Town on real property are payable, and shall become delinquent