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r .• , . <br /> • , s <br /> Section 5 . All of said bonds should be signed by <br /> the Mayor and attested by the City Clerk, under the seal <br /> of said City, and each of said interest coupons shall be <br /> signed with the facsimile signatures of said officials, which <br /> facsimile signatures shall be binding to all intents and pur- <br /> poses upon said City of Everett . <br /> Section 6. That the City Clerk is hereby authorized <br /> and directed to advertise for bids for the sale of said bonds. <br /> Bids shall be opened on 'Tovember 16 , 1945, and the call for <br /> bids shall be published once a week for two successive weeks <br /> prior to said date in the City official newspaper and in the <br /> Seattle Journal of Commerce. <br /> Section 7. The City officials are hereby authorized <br /> and directed to duly call for payment and redemption on December 1, <br /> 1946, all of the outstanding unpaid bonds of said Everett Special <br /> Water Revenue Bonds dated December 1, 1936, and to duly pay and <br /> retire said bonds on or before said date. The moneys received <br /> from the sale of the bonds authorized by this ordinance shall <br /> be used only for the purpose of redeeming said outstanding <br /> water revenue bonds . <br /> Section _8. That an emergency exists, :raki= the <br /> passage of this ordinance necessary for the general welfare <br /> of the City of Everett and its inhabitants , and for the economical <br /> maintenance of its water supply system, and said ordinance shall <br /> take effect imr. ediately after its final passage and publication, <br /> as provided by law. <br /> Unanimously passed by the Mayor and Councilior, of the <br /> City of Everett at a meeting of said Comncil duly held on <br /> October 31st , 1945. <br /> Attest : Mayor ' - <br /> City Cler <br /> Ao_oroved as to form: Published: November 1 , 1945. <br /> CitT, Attorn - _- <br />