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Bond Nos . Maturity Date Amount
<br /> 359-443 December 1, 1988 $425 ,000
<br /> 444-532 December 1, 1989 445,000
<br /> 533-624 December 1, 1990 460,000
<br /> 625-720 December 1, 1991 480,000
<br /> 721-820 December 1, 1992 500,000
<br /> 821-925 December 1, 1993 525,000
<br /> 926-1034 December 1 , 1994 545,000
<br /> 1035-1147 December 1, 1995 565,000
<br /> 1148-1265 December 1, 1996 590,000
<br /> 1266-1388 December 1, 1997 615,000
<br /> 1389-1516 December 1 , 1998 640,000
<br /> 1517-1649 December 1, 1999 665,000
<br /> 1650-1787 December 1, 2000 690,000
<br /> 1788-1931 December 1 , 2001 720,000
<br /> 1932-2081 December 1, 2002 750,000
<br /> 2082-2237 December 1, 2003 780,000
<br /> 2238-2400 December 1, 2004 815 ,000
<br /> Both principal of and interest on the Bonds shall be payable
<br /> in lawful money of the United States of America at the office of the
<br /> City Treasurer in Everett, Washington, or, at the option of the holder,
<br /> at the fiscal agency of the State of Washington in New York, New York,
<br /> and shall be obligations only of the 1965 Bond Redemption Fund.
<br /> Section 3. The City hereby reserves the right to redeem any
<br /> or all of the Bonds outstanding in whole, or in part in inverse numeri-
<br /> cal order, on the following interest payment dates and at the following
<br /> prices expressed as a percentage of the principal amount , plus accrued
<br /> interest to the date of redemption:
<br /> December 1, 1977 and June 1, 1978, at 104
<br /> December 1, 1978 and June 1, 1979 , at 103 1/2
<br /> December 1 , 1979 and June 1 , 1980, at 103
<br /> December 1, 1980 and June 1, 1981, at 102 1/2
<br /> December 1, 1981 and June 1, 1982 , at 102
<br /> December 1, 1982 and June 1, 1983, at 101 1/2
<br /> December 1, 1983 and June 1, 1984 , at 101
<br /> December 1, 1984 and June 1, 1985 , at 100 1/2
<br /> December 1, 1985 and any interest payment date thereafter, at 100.
<br /> Notice of any such intended redemption shall be given by one
<br /> publication thereof in the official City newspaper not more than forty
<br /> nor less than thirty days prior to said redemption date and by mailing
<br /> a like notice at the same time to the purchaser or the account manager
<br /> or managers of the purchasers of the Bonds at their sale by the City,
<br /> 4 .
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