Ordinance 2045 - Laserfiche WebLink

maturing serially in from eleven (11) to fifteen (15)i years from date of issue, bearing interest at a rate not exceeding six percent (6%) per annum and payable out of the revenues of the "verett Water System only, The said bonds to bear date and be in such form as hereafter shall be prescribed by the Citr Council of the City of 2 Everett as provided in 0 rdinanceNo of said City of Everett, 3 4 Any voter at said election desiring to vote AGAINST 5 such system or plan and the issuance of the bonds described in 5 section 4 of this Ordinance shall vote a ballot containing the 7 following statement of the said proposition by placing an (X) in the 8 square printed on said ballot opposite and at the right of said 9 statement, to-wit: 10 AGAINST a system or plan for making additions, 11 betterments and extensions to the present water system of the City of 12 Everett, consisting in particular of a reservoir of not less than 13 �allon�.ca aci t and a twenty-four-four inch (24" ) twenty million � p y� �' 14 distribution main to supplement the present distribution system 15 and also of such other miscellaneous additions, betterments ant 16 and for the issuance extensions and improvements as may be necessary 17 On0.00'; and sale of Special `}Dater Revenue and Bonds in the sum of4ja,350, 18 maturing serially in from eleven (11) to fifteen years from 19 date of issue, bearing interest at a rate not exceeding six percent 20 ! (6%) per annum and payable out of the revenues of the Everett Water 21 System on,y, The said bonds to bear date and be in such form as 22 s hereafter shall be prescribed by the city council of the city- of 23 Everett, as prrvided in Ordinance Uo... of said City of Everett, 24 section 7 : If, at the election held as provided 25 in this Ordinance, a majority of the quali fi ed voters of the City of 26 Everett voting at said election upon the proposition hereinbefore in 27 this Ordinance set forth, shall vote in favor of said proposition, 28 29 30 ..5,., 31