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M < v <br /> t. <br /> ORDINANCE NO. 3635 <br /> AN ORDINANCE providing for the issuance of warrants on <br /> the Fire Building Fund created by adoption of Ordinance No. 3570 <br /> by the electorate of the City of Everett on the hrh day of <br /> November, 1956 . <br /> WHEREAS, the electorate of the City of Everett did on <br /> the h*h day of November, 1956 adopt Ordinance No. 3570 pro- <br /> viding for a special levy for the purpose of raising S180,000 <br /> for the acquisition, construction and equipping of a new fire <br /> police alarm building and garage, and <br /> WHEREAS, it is the desire of the Commissioners of the <br /> City of Everett to commence the construction of said project and <br /> to issue warrants on said fund in advance of receipt of said <br /> funds, <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: The City Clerk be, and he is hereby author- <br /> ized to issue warrants not to exceed in the aggregate <br /> 17n,nnn ,nn on said Fire Building Fund created by <br /> Ordinance No. 3570 of the City of Everett to draw interest at <br /> the rate of o until called in payment of all obligations <br /> incurred in the construction of said project. Warrants issued <br /> shall be payable only out of said fund. <br /> Section 2: All warrants issued on said fund shall be <br /> called by the City Treasurer of the City of Everett upon receipt <br /> of funds arising out of the tax levy and from date of call shall <br /> no longer draw interest. The call shall be made by ten days <br /> notice in writing published in the Everett Daily Herald once a <br /> week for two consecutive weeks, provided if all warrants are <br /> held by the City of Everett no call shall be required. <br /> Attest; <br /> >4.S.ehl ,,f;x147- a/141-, <br /> City Cler <br /> Passed: Oct. 1, 1957 <br /> Published: " 2, 1957 <br />