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752 9 ISE
<br /> RECORD OF CITY COUNCIL
<br /> 1
<br /> Count...Sar.n o.s in at.00 We....
<br /> ' Counoilman Neaps eaMe in at P.0.1.6
<br /> ., Rem.ta.n to oanyase.liete,aft.whi.roll Oall ahOSed all coun...preeent exam.Ma.
<br /> S By Mrs.-Resolution#1433. Be it reeeved by the City COunoil of the City Of.erett:
<br /> . That t. Coun01.1 having o.v.a.the returns Of the Munioirel Funding Bend EleOtion held on
<br /> !,the run domm of June,.11, said City,share.there was to the sualifiea voters of said
<br /> aity t.fol.l.ing question,.
<br /> PROPOSITION NO.1.
<br /> ; In favor°a the proposition of t..eent to a.ratifioation of the attempted incurring,by aote
<br /> ';of the...orate authOritiee of t.City Of',Pere.of the indebtedne.on the part of s.d City rep-
<br /> resent.by the varranta.... .1aes 1.,•as eye....in Seetion 1 of Omminanoe No.1.5 e.d
<br /> ;City,dra.payable out of the current..nee fund of said City and the face ometnnts.ereof agaregato
<br /> the num of 548,475.71
<br /> Agoinet the propo.tion of the assent to a.ratification of the att.pted Inc.ring,by acts of
<br /> ;the corporate autho.tieo of t.City of Everett Of the in.btednesa the part of said City rePreoent- 0-11410
<br /> ea.by t.'arrant+embrao.in ICU.1,"....Moo in Seotion 1 of Ord.....1.5 of said City,
<br /> drawn payable out of E.ailment enenee fu..said Pay a. faoe emounte w.reof agpegate the
<br /> PROPOSITION NO.S.
<br /> favor Of the proposition of the...Pent to alma ratification of the attoriptea incurring,by
<br /> PPtp
<br /> of the oorporate authorities of the City of Everett,of the indebteanens On the part of Paid City rep-
<br /> ;reeenterl by the warrants embraced in•Pasa 2..as speed..in Seotion 1 of 0.1nanoe No.1.5 Of said
<br /> ,City,drawn payable out of the general fuil of aa.City a.the faee amounts when,.aggregate the app
<br /> of 1.78,589.93
<br /> Again.the prom...of the P p to and ratifloation Of the attempted insuring,by dmtp of
<br /> the correlate mathOritiee of the City of Swore. t.inmeb.dne.on the part of e.a City-p.a..
<br /> by the warrants e.raced In ICIaos 2,m ea ape...in ection 1 of Ord...se No..85 of said City,
<br /> dram payable out of the general fund of ea.City a. face.ounte aggregate the Sp of
<br /> INVOSITION NO.5.
<br /> In favor or the proposition ex the ie...era sale or e.hangt by the City of Nverett,as pro-
<br /> p..in aril by Crdinanoe DP.12.of ea.City,of bon.of ea.City in the sum of 8.0,000.00 or such
<br /> leoemb.m ea shall be a.f.ient ibr the funding of ou.or eo marw Of the warranta deserl.a ea.
<br /> ord...as May he outstanding a.Impala at the made of the issu.oe of on.bon.,together vith the
<br /> intermat aponved a.to a.m.on ouch warrants to the date of.e actual issu.ce of Rush bonda,e./1
<br />• bon.to be.date on July 15,Pal,to bear intereat at a rate not to ex..rive par oentar.por
<br /> Ono.,payable assa-annually,to ran for a nerion of twenty yearn,ant to be lipid..as they mature
<br /> from=nays deriVed from taxation upon property ale.oball lie within t.territorial limit.of ea.
<br /> Oity,said warranta having be.heretofore inc.d on tla part Of.16 City by 1.oorPorete atIthOrition .10
<br /> thereof,dram payable out of t.current empenso fund ana general fu.,res....,of soid PLY,
<br /> bearing a.e,r.peotively,..een UnroT 16.1800,and February 25,loll,both....vs,and the
<br /> pr...of 1.6 ordinanoe particularly deoor1bed.
<br /> Against the proy.ition of the end Or exonange by the City of Everett,as proposed in
<br /> , and by Ordinance WO.12.of said City,of DO.,or soect City the sum of.50,000.00,or.01)leaser
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