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and directed to certify said proposition to the Snohomish County <br /> Auditor in the following form: <br /> PROPOSITION NO. 1 <br /> Arterial Improvement Bonds, $1,250,000 <br /> Shall the City of Everett, Washington, issue its <br /> general obligation bonds in the principal sum of $1,250,000, <br /> such bonds to bear interest at a rate of not to exceed 6/ <br /> per annum, to mature in from two to ten years from date of <br /> issue, and to be payable, both principal and interest, out <br /> of annual tax levies to be made without limitation as to <br /> rate or amount, for the purpose of providing funds to pay <br /> part of the cost of constructing, installing and making <br /> improvements to certain streets and avenues within the <br /> city, all as more fully provided in Ordinance No. , <br /> adopted on the day of , 1960? <br /> BONDS, YES / / <br /> BONDS, NO / / <br /> Section 5. This ordinance is declared to be one necessary <br /> for the immediate preservation of the public peace, property, health <br /> and safety of the people of Everett, Washington. An emergency is <br /> hereby declared to exist and this ordinance is hereby declared to <br /> be in full force and effect from and after its passage, approval and <br /> publication as provided by law. <br /> UNANIMOUSLY PASSED by the Council of the City of Everett, <br /> Washington, at a regular meeting of said Council held on the 30th <br /> day of August , 1960. <br /> CITY �FETERETT, SHINGTON <br /> By= e-z." -// ice /; `.-f <br /> Mayor <br /> ATTEST: <br /> yr _,77k,.t 2,,,,7:-.-4.4---,--2.-- <br /> CityjClerk <br /> Published : Aug. 31 , 1960 <br /> 4. <br />