Ordinance 2298-98 - Laserfiche WebLink

CERTIFICATE OF AUTHENTICATION Date of Authentication: May , 1998 This is the bond described in the within mentioned Bond Ordinance and is the Water and Sewer Revenue Refunding Bond, 1998, of the City of Everett, Washington, dated , 1998. TREASURER OF THE CITY OF EVERETT as Bond Registrar Section 8. Execution of Bond. The Bond shall be executed on behalf of the City with the manual or facsimile signature of the Mayor of the City and attested with the manual or facsimile signature of the Clerk thereof, and the seal of the City shall be impressed or imprinted on the Bond. In case any of the officers who shall have signed or attested the Bond shall cease to be such officer before the Bond has been actually issued and delivered, the Bond shall be valid nevertheless and may be issued by the City with the same effect as though the persons who had signed or attested the Bond had not ceased to be such officers. Only such Bond as shall bear thereon a Certificate of Authentication in the form set forth in Section 7 hereof, manually executed by the Bond Registrar, shall be valid or obligatory for any purpose or entitled to the benefits of this ordinance. Such Certificate of Authentication shall be conclusive evidence that the Bond so authenticated has been duly executed, authenticated and delivered hereunder and is entitled to the benefits of this ordinance. Section 9. Priority of Payments from Revenue Fund. A special fund of the City known as the "Water and Sewer Revenue Fund" has heretofore been established in the office of the Treasurer into which shall be deposited the Revenue of the System as collected, except the interest earned and income derived from investments of money in the Revenue Bond Fund and the accounts therein. The Revenue Fund shall be held separate and apart from all other funds -17- DOTOQ5 DOC 98/04/28