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Ordinance 1952
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Ordinance 1952
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11/8/2024 2:33:46 PM
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Ordinances
Ordinance Number
1952
Date
9/28/1920
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1 IN FAVOR of the system or plan for the construction, owning <br /> 2 maintenance, managing and operation of a Public Market on real prop- <br /> 3 erty owned by the City of Tverett , to-wit : In Block 664, Plat of <br /> 4 Everett, Snohomish County, State of Washington, at an estimated cost <br /> 5 of $100,000.00, and the issuance and sale of Negotiable Coupon <br /> 6 Revenue Bonds of the City of Everett in the sum of v100,000.00 matur <br /> 7 ing serially on the 1st day of January,1927, and on the 1st day of <br /> 8 January of each and every year thereafter until January,1941, inclu- <br /> 9 sive, bearing interest at a rate of not more than six per cent (6%) <br /> 10 per annum, payable semi-annually. S aid bonds and interest thereon <br /> 11 being payable out of a sinking fund to be created as provided by <br /> 12 statute. All of said bonds to bear date of issue and be in such form <br /> 13 1 as shall hereinafter be prescribed by theCouncil ofthe City of <br /> 141 Everett , all as provided in Ordinance NO. \0:<1\1 • - <br /> 15 Every voter at such election desiring to vote against such <br /> 16 proposed system or plan and the issuance of the bonds mentioned and <br /> 17 described in C ection 4 of this Ordinance, shall vote a ballot con- <br /> 18 taining the statement ofthesaid proposition by placing a cross (X) <br /> 19 in the square printed on the said ballot opposite and at the right <br /> 20 of said statement, to-wit : <br /> 21 AG AINST, the System or plan for the construction, owning, <br /> 22 maintenance, managing and operation of a public Market on real <br /> 23 property owned by the City of Everett, to-wit : In Block 664, Plat <br /> 24' of Everett, Snohomish County, State of Washington at an estimated <br /> C4 cost of 1_00,000.00 and the issuance and sale of Negotiable Coupon <br /> 26 Revenue Bonds of the City of Everett, in the sum of 4.00,000.00 , <br /> 27 maturing serially on the 1st day of January,1927 , and on the 1st <br /> 28 day of January of each and every year thereafter until January,1941, <br /> 29 inclusive, bearing interest at a rate of not more than six per cent <br /> 30 (6%) per annum, payable semi-annually, Said bonds and interest thereon <br /> 31 being payable out of a sinking fund to be created as provided by <br /> -8.. <br />
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