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and collect rates and charges for water (and for sanitary <br /> sewage disposal service should the sanitary sewerage system <br /> of the city ever be combined with the water system) for as <br /> long as any of said outstanding water revenue bonds and the <br /> bonds of this issue are outstanding that will make available <br /> for the payment of the principal of and interest on all of <br /> such bonds as the same shall become due revenue in an amount <br /> equal to at least 1.40 times the maximum amount required in <br /> any calendar year hereafter for the payment of all of such <br /> principal and interest, after normal costs of maintenance <br /> and operation of such system have been paid but before de- <br /> preciation. <br /> It is hereby certified that this bond and the bonds of <br /> this issue are issued pursuant to and in strict compliance <br /> with the Constitution and laws of the State of Washington <br /> and the Charter and ordinances of the City of Everett, and <br /> that all acts, conditions and things required to be done <br /> precedent to and in the issuance of this bond have happened, <br /> been done and performed. <br /> IN WITNESS WHEREOF, the City of Everett, Washington, <br /> has caused this bond to be signed by its Mayor, to be attested <br /> by its Clerk, the corporate seal of the city to be impressed <br /> hereon, and the interest coupons attached hereto to be signed <br /> with the facsimile signatures of said officials, this 15th <br /> day of December, 1961. <br /> CITY OF EVERETT, WASHINGTON <br /> By <br /> Mayor <br /> ATTEST: <br /> City Clerk <br /> 13 . <br />