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Ordinance 2433
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Ordinance 2433
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12/29/2023 4:31:11 PM
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Ordinances
Ordinance Number
2433
Date
4/2/1929
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. • • <br /> machine corresponding with the following statement thereon ( or, <br /> in case ballots shall be used instead of voting machines, shall <br /> vote a ballot containing the following statement of the proposition <br /> by placing an "X" in the square on said ballot opposite and at the <br /> right of said statement ): <br /> "IN FAVOR of a system or plan for making additions, better- <br /> ments and extensions to the present water system of the City of <br /> Everett by the construction, operation and maintenance of a diver- <br /> sion dam and intake on the Sultan River in Township 29, North Range <br /> 8, E. W. M. ; a pipe line and tunnel from the said intake to Lake <br /> Chaplain; a dam, spillway and control works for storage of water <br /> in Lake Chaplain; a pipe line from Lake Chaplain to a connection <br /> with the existing water system of the City of Everett ; all necessa- <br /> ry valves, blowoffs , tunnels, bridges and other structures and ap- <br /> purtenances necessary for the construction, control and operation <br /> of said pipe line ; and such improvements to the existing water sys- <br /> tem in Everett as are necessary to make the water from this source <br /> available for domestic and industrial supply, and for the issuance <br /> and sale of general negotiable serial coupon bonds of the City of <br /> Everett in the sum of ompoo.00, bearing interest \at the rate of <br /> not to exceed six (6 ) per cent, per annum; the various annual matur- <br /> ities of which general bonds shall commence with the second year <br /> after the date of issuance and end thirty years after such date, <br /> and shall, as nearly as practicable, be in such amounts as will, <br /> together with the interest on -ta1-re. outstanding bonds, be met by an <br /> equal annual tax levy for the payment of said bonds and interest; <br /> and for the issuance of special water revenue fund bonds in the sum <br /> of ?1,200,000.00, maturing serially from (, ;) to <br /> (45) years from date of issue, bearing interest a t e rate <br /> of not to exceed six (6 ) per cent, per annum, and payable out of <br />
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