Ordinance 3945 - Laserfiche WebLink

p • payable from the money in such Fund, including but not being limited to the Prior Lien Bonds and the Bonds; provided, however, that normal and proper payments made for services performed for the Water Department of the City by other City departments and the employees thereof shall be considered as a normal cost of mainten- ance and operation of the System. Section 16. The right of the City reserved in Ordinance No. 3633 to issue the remaining $504,000 of water revenue bonds on a parity with the outstanding Second Lien Bonds is hereby in all respects canceled and rescinded. Section 17. The sale of the Bonds to Blyth & Co. , Inc . and Wm. P. Harper & Son & Company, investment banking corporations of Seattle, Washington, at par and accrued interest, if any, to date of delivery, and under the terms and conditions of the Bonds as set forth herein, is hereby in all respects ratified and confirmed. Section 18 . It is hereby found and declared that in order to take advantage of the present market in United States Government obligations and also in order to comply with the provisions of the aforementioned contract of sale of the Bonds that the same be de- livered to the purchasers thereof on or before April 15, 1963, an emergency is hereby declared to exist, and this ordinance is hereby declared to be in full force and effect from and after its passage, approval and publication as required by law. PASSED UNANIMOUSLY by the City Council of the City of Everett, Washington, at a regular meeting of said Council held this 9th day of April, 1963 and approved by the Mayor on said date . CITY 0 1ERETT HINGTON By ' 1 � ATTp T: Mayor e C DEPUTY C ity Clerk APPROVED. ,..TOBM.:. C i-ty- 1:'C they_.. PASSED: April 9, 1963 PUBLISHED: April r/ , 1963 21.