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Ordinance 2681
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Ordinance 2681
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8/4/2023 11:00:33 AM
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8/4/2023 11:00:14 AM
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Ordinances
Ordinance Number
2681
Date
5/6/1936
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! _ <br /> • <br /> Provided, that any of said bonds may be called for payment upon <br /> any interest payment date by the City publishing one notice <br /> thereof in the official newspaper, such notice shall be pub- <br /> lished. at least Fifteen (15) days before such interest payment <br /> date, and. when such call is made, such bonds so called will be <br /> paid on the date the next interest coupon thereon shall become <br /> due after said call, and upon said date interest on said bonds <br /> shall cease. All bonds called shall be called and paid in <br /> numerical order. + There shall be stamped on each of said bonds <br /> the following words: <br /> "Maturity of this bond has been extended to <br /> June 1, 19 , and. the rate of interest thereon <br /> reduced to 2 per annum, pursuant to the terms of <br /> an extension agreement entered into between the <br /> owner hereof and said. City of Everett, pursuant to <br /> Ordinance No. of said City." <br /> Section 2: Said bonds shall bear interest at the <br /> rate of 2-o per annum from June 1, 1936, until paid, payable <br /> semi-annually. Interest coupons shall be attached to said bonds, <br /> and shall be in substantially the following form, except as to <br /> dates of payment: <br /> Interest Coupon No. _ r <br /> un the first day of , 19 , the <br /> City of yverett, laashington, will pay t o bearer <br /> at the fiscal agency of the State of -ashington, <br /> in the City and State of New pork, or at the <br /> office of the treasurer of said. City of verett, <br /> at holder' s option, the sum of r <br /> in lawful money of the United States, being the <br /> semi-annual interest then due on its General water <br /> Supply Eond. dated June 1, 1916, numbered <br /> provided, that this coupon is subject to all the <br /> terms and conditions of the bond to which it is <br /> annexed, as modified as to date of maturity and <br /> rate of interest, as provided in an agreement be- <br /> tween the City of Everett and the owner of this • <br /> bond pursuant t o Ordinance 1 o. of said <br /> and provided further, if said. bond shall be called <br /> for payment as provided in said agreement , before <br /> due date hereof, that then this coupon shall be <br /> void. <br /> CITY OF EVERETT <br /> Mayor <br /> Attest: <br /> City Clerk <br /> -2- <br />
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