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May7,2003 <br /> Roll was called with all council members voting yea except Council <br /> Member Campbell who was excused. <br /> Motion carried <br /> COUNCIL BILL NO.0304-13 <br /> SECOND READING: <br /> AN ORDINANCE amending a special constnrdion fund entitled <br /> 'Silver Lake Construction",Fund 334,as amended by Ordinance <br /> No.2050.95 <br /> COUNCIL BILL NO.0304-14 <br /> SECOND READING: <br /> AN ORDINANCE of the City of Everett,Washington,authorizing <br /> the issuance of water and sewer revenue and refunding bonds of <br /> the City in the principal amount or not to exceed$65,000,000 for <br /> the purpose of refunding certain outstanding wafer and sewer <br /> revenue bonds and for the purpose of paying the cost of acquiring <br /> constructing and installing certain additions and betterments to end <br /> extensions of the City's water and sewer systems;establishing <br /> certain covenants;reserving the right to issue revenue bonds on a <br /> parity with the bonds herein authorized upon compliance with <br /> certain conditions;authorizing the appointment of an escrow agent <br /> and the execution of an escrow agreement related to such <br /> refunding;providing the form and terms of said bonds,authorizing <br /> a preliminary official statement;providing for the disposition of the <br /> proceeds of sale;approving an agreement for ongoing disclosure <br /> end delegating authority to approve the final terms of said bonds <br />