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in New York, New York, the sum of <br /> DOLLARS in lawful money of the United States of America <br /> out of the special fund of the city known as "Everett <br /> Water Revenue Bond Redemption Fund," said sum being the <br /> semiannual interest due that date on its water revenue <br /> bond dated October 1, 1957 and numbered <br /> CITY OF EVERETT, WASHINGTON <br /> By <br /> Mayor <br /> ATTEST: <br /> City Clerk <br /> Section 15 . The Bonds shall be signed on behalf of the <br /> , city by its Mayor, shall be attested by the City Clerk, and shall <br /> have the corporate seal of the city impressed thereon. The interest <br /> coupons attached thereto shall be executed with the facsimile <br /> signatures of said officials . <br /> Section 16. The action of the City Council in heretofore <br /> accepting the offer of Blyth & Co . , Inc . , investment bankers of <br /> Seattle, Washington, and Associates to purchase the Bonds under <br /> the terms and conditions thereof as required in said offer and as <br /> set forth in this ordinance, and at the price of $98.58 per $100 <br /> par value, is hereby in all respects ratified and confirmed. <br /> Upon the delivery of the Bonds to said purchasers the <br /> proper city officials are hereby authorized and directed to do <br /> everything necessary for the proper use and application of the <br /> proceeds of the sale thereof . <br /> Section 17. It is hereby found and declared, because <br /> the present water supply and distribution system of the city is <br /> -22- <br />