Ordinance 2014 - Laserfiche WebLink

40 1 Fiscal Agency of the State of Washington, in the City and State of New York, and to be payable from the proceeds of a direct 1 tax to be levied annually upon the taxable property of said city, 2 within the lixi is of said city as follows: there shall be levied 3 each year upon the taxable property of the City of Everett within 4 the limits of said city, an amount which shall be sufficient to 5 pay the interest on said bonds as the same accrues and from and 6 after the year 1934 there shall also be levied annually a 7 tax sufficient to create a sinking fund for the payment of the 8 principal of said bonds at maturity, 9 10 Section 2 : That the said bonds hereby authorized to 11 be issued shall be in substantially the following form: 12 T.T I TED STATES OF AMERI CA, 13 STATE OP WASHINGTON, COU TY OP S`?OHOMI SH, 14 15 CITY OF EVERETT PARK DO1nDS, 16 No 17 $l000.00 18 KNOW ALL MEN BY THESE Pi ES TS: That Everett, a city 19 aihdh muni cipal corporation of the State of Washington, acknowledges 20 itself to owe, and for value received promises to pay to bearer 16th 21 the sum of One Thousand .Dollars ($1000,00 ) on the lcct day of 22 January 19 4 , with interest thereon from date at 23 the rate of five and one-half ( 54) percent ter annum, payable 16th January July 24 semi-annually on the kat days of ,fie and :1t04620sgc of each year 25 on the presentation and surrender of the annexed interest coupons 26 as they severally become due, both principal and interest payable 27 in Gold Coin of the United S tates of America of the present 28 standard of weight and fineness at the Fiscal Agency of the S tate 29 of Washington, in the City and State of New York. This bond is one 30 of an issue in the sum of 50,000.00 for the purpose of purchasing 31 property in and near the City of Everett for park purposes and ?_