Ordinance 3945 - Laserfiche WebLink

semiannually on the first days of April and October of each year thereafter as evidenced by and upon presenta- tion and surrender of the attached interest coupons as they severally become due, or until such principal sum shall have been paid or duly provided for. Both principal of and interest on this bond are payable in lawful money of the United States of America at the office of the City Treasurer in Everett, Washing- ton, or, at the option of the holder, at the fiscal agency of the State of Washington in New York, New York, solely out of the special fund of the city known as "Everett 1963 Water Revenue Refunding Bond Redemption Fund" created by Ordinance No. 3945 of the city. The City of Everett has reserved the right to re- deem any or all of the bonds of this issue outstanding in whole, or in part in inverse numerical order, at the following times and at the following prices expressed as a percentage of the principal amount, plus accrued interest to date of redemption: On October 1, 1968 and April 1, 1969, @ 103 1/2 On October 1, 1969 and April 1, 1970, @ 103 On October 1, 1970 and April 1, 1971, @ 102 1/2 On October 1, 1971 and April 1, 1972, @ 102 On October 1, 1972 and April 1, 1973, @ 101 1/2 On October 1, 1973 and April 1, 1974, @ 101 On October 1, 1974 and April 1, 1975, @ 100 1/2 On October 1, 1975 and any interest payment date thereafter, @ 100 . Notice of any such intended redemption shall be given by one publication thereof in the official city newspaper not more than forty nor len than thirty days prior to said redemption date and by mailing a like notice at the same time to Blyth & Co. , Inc . and Wm. P. Harper & Son & Company at their places of business in Seattle, Washington, 7 .