Ordinance 3571 - Laserfiche WebLink

Section 4 : •That for the purpose of providing funds necessary to pay .the costs of the above described improvements the City shall issue and sell its general obligation bonds in the principal sum of $650,000.00.. •Said bonds shall bear interest at the rate of not to exceed 6% per annum and shall mature in from two, to six years of date in such amounts as will as nearly. as •practical, together with interest thereon,- be met by equal, annual, tox levies to be made. upon all of 'the taxable property within the City without: 1 imi_tation as to rate or •amount. The • exact date, form, term and maturity of ,said. • band•• shall be as hereinafter ereinaf er fixed by ordinance of the •C- tT. Section : It is hereby found and declared th°. t an emer- gency. exists requiring the calling of a special election to be .held on the 6th day of November,;. _1956 in • conjunction with the state general election to be held at said time for the purpose of submitting the following proposition to the qualified electors of the City of Everett for their ratification or rejection. BONDS -• NORTON AVENUE OVERPASS WALNUT STREET Shall the City of Everett issue its general obligation bonds i1 •the principal sum of $650,000.00, such bonds to bear interest at the rate of not to exceed 6 ' per annum, to mature in from 2 to 6 years from date of issue, and the principal and interest thereof tc be payable from annual tax levies to be made without :limitation as to rate or amount, for the purpose of providing funds for •makin capital improvements, in-- eluding the payment of the. costs of construction of certain existing and •propos ,d main •travel streets, roads and avenues • w .thin the City of Everett, all as more fully provided in. Ordinance No. 3571 ,' ', adopted the 25th day of - September' , 19' '. `ES __�.a NO DoL��la / f r! i Section 6: The precincts, palling places therefor and the election officials to serve at each such • pr. ecinct for this special election shall be the same as the precinct, voting places and election officials for the general election to be held on the • same date . The polling places for such special election shell he open from 8:00 A.M. to 8:00 P.M. •Section 7: That the City Clerk is hereby directed •tc de- liver a certified copy of this ordinance to the County Auditor of Snohomish County, and the County Auditor is hereby directed to place this proposition on the .ballot at the general election to be held November 6, 1956• and to conduct Said election. as provided. by law. Passed unanimously by the City Council of the City of Everett at• meeting of said Council duly held on the* 25th day of September , 1 a5 6• Y 0 R --- Attest : Yl; ' Passed: Sept. 25, 1956 Published: Sept. 26, 1956