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• <br /> offices of the purchaser or account manager or managers of the <br /> purchasers of the Bonds at their sale by the City or to the <br /> business successor or successors , if any , of said purchaser or <br /> account manager or managers at its or their main place or places <br /> of business . Interest on any Bond or Bonds so called for <br /> redemption shall cease on sucl- redemption date unless the same <br /> are not redeemed upon presentation made pursuant to such call. <br /> In addition to such publication and mailing, the City Clerk <br /> shall also mail notice of such intended redemption to Standard <br /> & Poor's Corporation and Moody's Investors Service , Inc. , New <br /> York, New York, or to their successors , if any. The mailing of <br /> such notice shall not , however, be a condition precedent to the <br /> call of any Bonds for redemption and failure to give such notice <br /> shall not affect the right of !the City to redeem Bonds called <br /> for redemption in the method set forth in the preceding paragraph. <br /> Section 3. The Bonds shall be in substantially the following <br /> form: <br /> UNITED STATES OF AMERICA <br /> NO. $5,000 <br /> STATE OF WASHINGTON <br /> CITY OF EVERETT <br /> STREET IMPROVEMENT <br /> GENERAL OBLIGATION BOND, 1967 <br /> The City of Everett , a municipal corporation of <br /> the State of Washington, acknowledges itself to owe and <br /> for value received hereby promises to pay to bearer on <br /> the first day of June , 19 , the principal sum of <br /> FIVE THOUSAND DOLLARS <br /> together with interest thereon at the rate of % per <br /> annum payable on the first day of June , 1968 and semi- <br /> annually on the first days of each December and June <br /> thereafter upon presentation and surrender of the attached <br /> -3- <br />