Ordinance 1889 (3) - Laserfiche WebLink

• taxable property of said city, within the limits of said city as follows: there shall be levied each year upon the t able property of the city of Everett within the limits of said city, an amount which shall be sufficient to pay the inter st on said bonds as the same accrues and from and after the ye 193t there shall also be levied annually a tax sufficient to c eate a sink- ing fund for the payment of the principal of said bo ds at maturity. Section2; That the said bonds hereby authorized to be issue's Shall be in substantially the following form: UNITED STATES OF A IERICA STATE OF WASHINGTOIN COUNTY OF SNOHOMISH CITY OF EVERETT PARK BOLDS. No. 0.000.00 KNOW ALL MEN BY THESE PRESENTS: That Ever-tt, a city and municipal corporation of the State of Washington acknowledges itself to owe, and for value received promises to pa to bearer the sum. of One Thousand Dollars ( v1000.00) on the is day of December 1939 , with interest thereon from date at th., rate of per cent ( %) per annum, payabl semi-annually on the 1st days of June and Dec ember of each year o o the pre- sentation and surrender of the annexed interest coupons as they severally became due , both principal and interest pa' able in Gold Coin ofthe United States of America of the pres .nt standard of weight and fineness at the Fiscal Agency of the $ ate of Washington in the City and State Hof -new York. This bond is one of an issue in the sum of $501000.00 for the purpos of purchasing property in and near the city of Everett for park p rposes and for the improvement of the parks of the city of Everett, under and pursuant to and in strict compliance with the consti ution of the State of Washington and the Charter and Ordinances of the City of -2-