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3i <br /> i9 <br /> to <br /> si <br /> ` I <br /> The Clerk of the City is hereby authorized and directed ! <br /> to certify said proposition to the Snohomish County Auditor in <br /> the following form: <br /> PROPOSITION <br /> ARTERIAL STREET PROGRAM <br /> GENERAL OBLIGATION BONDS - $4,500,000 <br /> In order to make certain capital improvements to a <br /> substantial number of main and arterial streets through- <br /> out the City by paving, widening and channelization, <br /> acquiring rights-of-way, and installing traffic signals, <br /> signs and controls, all as more specifically provided in <br /> Ordinance No. 4/ of the City, adopted 3 , 1966, <br /> shall the City Everett, Washington, issuits general <br /> obligation bonds in the principal amount of $4, 500,000, <br /> such bonds to bear interest not in excess of the legal <br /> rate of interest, to mature serially in from 2 to 20 <br /> years from date of issue, and to be paid both principal <br /> and interest out of annual tax levies to be made without <br /> limitation as to rate or amount for the purpose of such <br /> improvements? <br /> BONDS, YES <br /> BONDS, NO. / <br /> Section 5: That an emergency is hereby declared to <br /> exist and this Ordinance shall take effect upon its passage and <br /> publication. <br /> FI <br /> pp <br /> PASSED UNANIMOUSLY by the City Council of the City of <br /> Everett, Washington, at a regular meeting of said Council duly <br /> held thisday of 4u . , 1966, and approved by the <br /> al <br /> Mayor on sate. <br /> LI nASOR <br /> ii <br /> Attest: <br /> 2 <br /> e DEPUTY CITY CLERK <br /> PASSED: f;"' 5 -C4 <br /> PUBLISHED: 4 <br /> -4- <br />