Ordinance 3768 - Laserfiche WebLink

On September 1, 1975 and March 1, 1976, at 104 On September 1, 1976 and March 1, 1977, at 103 1/2 On September 1, 1977 and March 1, 1978, at 103 On September 1, 1978 and March 1, 1979, at 102 1/2 On September 1, 1979 and March 1, 1980, at 102 On September 1, 1980 and March 1, 1981, at 101 1/2 On September 1, 1981 and March 1, 1982, at 101 On September 1, 1982 and March 1, 1983, at 100 1/2 On September 1, 1983 and any interest payment date thereafter, 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 sewer revenue bonds of the city of like amount, date and tenor except as to number in the total principal sum of $2, 700, 000, which bonds are issued pursuant to ordi- nances of the city duly and regularly adopted, for the purpose of providing money to pay part of the cost of acquiring, con- structing and installing additions and improvements to and extensions of the sewerage system of the city. All of said bonds are payable solely out of the gross revenue of such system and all additions, improvements and extensions that may be made thereto. The City of Everett hereby covenants and agrees with the owner and holder of this bond that it will keep and per- form all the covenants of this bond and of Ordinance No. to be by it kept and performed. The City of Everett does hereby pledge and bind itself to set aside from the money in the Sewer Revenue Fund of the city and to pay into said Bond Redemption Fund and the Re- serve Account created therein by said Ordinance No. the various amounts required by said Ordinance No. to be -28-