Ordinance 3816 - Laserfiche WebLink

holder, at the fiscal agency of the State of Washington in New York, New York, the sum of DOLLARS in lawful money of the United States of America out of the special fund of the city known as "Everett Water Revenue Bond Redemption Fund, " said sum being the semiannual interest due that date on its water revenue bond dated April 1, 1961 and numbered CITY OF EVERETT, WASHINGTON By Mayor ATTEST: City Clerk Section 9. The Bonds shall be signed on behalf of the city by its Mayor, shall be attested by the City Clerk, and shall have the corporate seal of the city impressed thereon. The interest coupons attached thereto shall be executed with the facsimile signatures of said officials. Section 10. The action of the City Council in heretofore accepting the written offer of Wm. P. Harper & Son & Company, in- vestment bankers of Seattle, Washington, dated February 20, 1961, to purchase the Bonds under the terms and conditions thereof as required in said offer and as set forth in this ordinance and at the price of $98.50 per $100 par value, is hereby in all respects ratified and confirmed. Upon the delivery of the Bonds to said purchasers, the proceeds of the sale thereof (except for any accrued interest, which shall be paid into the Bond Redemption Fund) shall be paid into the Construction Fund created by Section 4 of Ordinance No. 3633, and shall be used only for the purposes provided in said section and in this ordinance. Section 11. It is hereby found and declared that it is 13.