Ordinance 2366 - Laserfiche WebLink

r x ate. }.• ' '` and municipal corporation .of the State of Washington, -aoknow.s ' ,� hedges .it-self to owe-..and for .value received promises to pay ' , to the bearer the .sum of f ve hundred dollar's ( SQQ4QO) z. R the, first day of May, 19 , together.` 'ith interest :there 111 Y an -from date ,until paid at the rate of four, (4) per cent. per antrum, -interest payable annually on ,the first day of May of .. ' each year, ,©n the presentation and surrender of the annexed - interest coupons as they severally become due. Both principal , and interest payable in current lawfuloney of the United States '-` of America at the office of the State Treasurer at Olympia, Washington, both pr3.ncipal and inters st of said bonds being .pay ` able out of general tax levies of the city of Everett aeoOrd- (; : ing to the provisions of this ordinance, and the 0ity Treasur , er 'of said Everett is hereby directed to pay the same as therein . , 'r, provided.. t p -i This bond' is one of an issue of bonds in the sum of: 4 one hundred fifty thousand dollars ( 150,000.0O) which issue was }-/f ,� authorized by the voters of said city .of Everett at a gener � a1 municipal election held therein on December 3r` .1.92'T, p ursu- ' , ant to 0rdinance No. 2328 of said city, and is issued. pursaant 1 ' •, to. Ordinance No, 2366 of said city, full copies of said - or- p T dinano.es being print e an the back hereof.� The said city of Everett covenants :and agrees with the; holder of this bond` that it will cause to- be levied each year a talc upon the taxable property of the 4it7,a f ` l`erett F within t,' ' the limits:of :said City„.,:---Which shall bet -.433.7.fficient to :,pay 'the-. ., interest on said bonds as the same accrues and sufficient :to V., create a sinking fund sufficient to pay, t hs n.ci sal.o ,ss µ',, 24 ,} bonds at: maturity,. � A" 17' The said Everett hereby covenants, and. agrees with the fi ` lidlder''of this bond <that from and after .Ma , 1g$ and .so- long thereafter as any of said bonds are '.ontstanding, it wi13 Fikit '- ` set aside and pay' into the "Everett Oity* Hall.,* General. ::Oblige*» = '-� tiou Bond .Intereat Fund. No. 1" from time to-time,- not less than u thirty %.$O :.days prior to-the respective ::rdatee - ,.-which the