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1 <br /> the year 1921, not less than the amount of interest on said bonds <br /> 2 at the rates specified therein, payable semi-annually on the 1st day <br /> 3 of July, 1921 and the 1st day of J anuary and July thereafter on all <br /> 4 outstanding bonds of the issue of $6,o,000 to be issued, payable at <br /> 5 the time and in the manner hereinafter specified. The said corpor- <br /> 6 ate authorities and the City Council have determined and do hereby <br /> 7 determine, that the amount so available out of said gross revenues <br /> 8 <br /> into said " iunicipal Market Revenue Bond Fund" to be used for the <br /> 9 payment of principal of said bonds, on the 1st day of July, 1926, <br /> 10 will be not less than $4000 .00 , and on the 1st day of July of each <br /> 11 and every year thereafter, to and including the year 1930, there <br /> 12 will be so available for payment out of such gross revenues, unto <br /> 13 such special fund, to be used for the payment of the principal of <br /> such bonds, not less than ; 4000 .00 , and on the 1st day of July of <br /> 14 <br /> each and every year thereafter to and including the year 193; there <br /> 15 <br /> will be so available for payment out of such gross revenues, to be <br /> 16 <br /> used for the payment of principal and interest on such bonds, not <br /> 17 <br /> less than $3000 .00, and on the let day of July, 1936 and on the 1st <br /> 18 <br /> day of July of each and every year thereafter, to and including the <br /> 19 <br /> year 1940, there will be so available, for payment out of such gross <br /> 20 <br /> revenues into such special fund, to be used in the payment of the <br /> 21 <br /> 22 principal of such bonds, not less than the sum of $5000 .00 . <br /> 23 Section 4: That in order to carry out the system or plan spec- <br /> 24 ified and adopted in Section 2 of this ordinance, the City of Everett <br /> 25 shall issue and sell its negotiable coupon revenue bonds in the sum <br /> 26 of $60,000 , or so much thereof as shall, by the corporate autho ri- <br /> 27 ties, be deemed necessary; which bonds shall bear the date of their <br /> 28 issue and shall be of the denomination of $100.00 each, and shall be <br /> 29 <br /> numbered from one up consecutively and shall mat ure as follows, to- <br /> 30 <br /> wit ; <br /> 31 <br /> -3- <br />