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123 'TM
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<br /> 078 29,1952,,01110,4
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<br /> July 1,1954 425,000 July 1,1964 $74,000
<br /> July 1,1955 25,000 2017 1,1965 4,000 '
<br /> July 1,1956 25,000 July 1,1966 75,000 •
<br /> July 1,1957 62,000 July 1,1967 71,000
<br /> Jag"1,1958 63,000 July 1,1968 79,000 :
<br /> July 1,1959.65,000 July 1,1969 81,00
<br /> July 1,1960 66,000 Tule 1,1970 83,000
<br /> July 1,1961 68,000 July 1,1971 84,000
<br /> July 1,1962 69,000 TIM,1,1972 86,000
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<br /> July 1,1963 71,000
<br /> The City of Everett hes reserved the right to redeea any or all of the out-
<br /> tanding bands of
<br /> this issue at per in inverse mmerical order on any inter •
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<br /> eat payment date on end after ten ye a from date of issue.
<br /> iME ormation regarding the groes revenue of the Watar system of the city,ex-
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<br /> of operation end rates harged and to he charged for
<br /> tenses p4 cute require94 maintenance,
<br /> made into the Bond Redemption Fund,and all
<br /> • 70022 ing the payment of the principal and interest of said
<br /> covenantsmay be found in information and the bond ordinance(No.3380)adopted
<br /> hynthe City 0 ,vh7ch will be fbrniehed upon request by Mr.Jchu L.
<br /> • 01081,
<br /> Sugars,City Clerk,City Hall,Everett,'Washington.respected to t0 en t p e oasis ort a chase of eald bonds
<br /> Bidders
<br /> the eintteerest rate or ratesthat the fe®ehahe 1 beer. Each bidder
<br /> , shall seal his bid in an envelope with a goodfaith deposit in the form of
<br /> certified Cr a check.payable t city of Everett,Washington, •
<br /> in the env of atlenen 5%of the amount to
<br /> fthis bid. •
<br /> • The bide mdmittedtglall epeclly either(a)the lower,rate 0r raise 15 So-
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<br /> terest and pr0Lm above par et which the bidder.11 purchase said bonds,
<br /> • x(b)the.lcweet rate or rates of interest at which the bidder will pur-
<br /> Chaee sei r(0)is
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<br /> Mach thebidderat
<br /> PAT, mid lowest
<br /> at a discount of ottmoor LWen
<br /> Sti$bel,.par. '
<br /> 'I Each bid submitted shall.hew the total amount of interest be paid over
<br /> he life of the bonds from the date of issue,the
<br /> rmun, m0,and the effective interest rate ever 6hetlupre..
<br /> or saaiid bona..
<br /> The right is reserved by the city to reject any and all bide. '
<br /> Good faith deposits oTeeeful bidders x111 be returned when bide are
<br /> cc
<br /> and a t of the aunceseful bidder,if any,will be retained for
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<br /> forfeit to the city in the avant said ful bidder all fell or refuse
<br /> to accept said bonds on or be August.1 15,15.1952. .b
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<br /> d bards u111 be delivered to the purchaser thereof et either Everett or •
<br /> •Smola,`Washington,et the pun baser a optive.
<br /> The bidder is required to pay the teat of printing said bonds. •
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<br /> Said e will be sold with the opinion or Preston,Thorgrimeon Horowitz,
<br /> v of Seattle,Washington,approving the legality of
<br /> the ieeu
<br /> ewe of...me,whish.N.....13.be e e rt tho clty,s expo e.
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<br /> DATED az t,'Asehington,this 2908 day of Man,1952.
<br /> • JOIE L.SUMS,cxrs CLEM
<br /> ot ,the meeting adjourned et 3:30 P.M. /-.iJ/ w/
<br /> .h.,s /,iia//,r City Clerk
<br /> RJAA and approved as of record Jane 2nd,1952 7 Mayor
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