Ordinance 3850 - Laserfiche WebLink

in lawful money of the United States of America at the office of the City Treasurer in Everett, Washington, or, at the op- tion 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 1961 Water Revenue Bond Redemption Fund" created by Ordinance No. of the city. The City of Everett has reserved the right to redeem any or all of the bonds of this issue in whole, or in part in in- verse numerical order, at the following times and at the fol- lowing prices expressed as a percentage of the principal amount, plus accrued interest to date of redemption: On December 15, 1971 and June 15, 1972, @ 103 On December 15, 1972 and June 15, 1973, @ 102 1/2 On December 15, 1973 and June 15, 1974, ) 102 On December 15, 1974 and June 15, 1975, ® 101 1/2 On December 15, 1975 and June 15, 1976, @ 101 On December 15, 1976 and June 15, 1977, O 100 1/2 On December 15, 1977 and any interest payment date there- after, at 100. Notice of any such intended redemption shall be given by one publication thereof in the official city newspaper not more than forty nor less than thirty days prior to said re- demption date, and by mailing a like notice at the same time to This bond is one of an issue of water revenue bonds of the city of like amount, date and tenor except as to number in the total principal sum of $750,000, which bonds are issued pursuant to ordinances of the city duly and regularly adopted, for the purpose of providing funds to pay the cost of acquiring, 11.