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Draft 2/27/2025 <br /> <br />NG-U9ZQVMF2/4929-1516-5708v5/200676-0007 <br /> <br /> <br /> <br />CITY OF EVERETT, WASHINGTON <br />ORDINANCE NO. ________ <br /> <br />AN ORDINANCE of the City of Everett, Washington, relating to <br />contracting indebtedness; providing for the issuance, sale, and delivery of one or <br />more series of limited tax general obligation bonds in an aggregate principal amount <br />not to exceed $28,000,000 to provide funds (1) to pay or reimburse the costs of <br />various Projects, including the Everett Municipal Building Project, the Bridge <br />Improvements, the Riverfront Trail Improvements, the LIFT Parks & Trails <br />Improvements, and other capital improvements, and (2) to pay the costs of issuance <br />of the Bonds; fixing or setting parameters with respect to certain terms and <br />covenants of the Bonds; appointing the City’s designated representative to approve <br />the Sale Terms of the sale of each Series of the Bonds; and providing for other <br />related matters. <br /> <br /> <br />Passed March __, 2025 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />This document prepared by: <br />Stradling Yocca Carlson & Rauth LLP <br />Seattle, Washington