Ordinance 1439 - Laserfiche WebLink

improvement district No. established by ordinance No. has caused this bond to be issued in the name of said city as the bond of said local improvement district, the bond or the proceeds thereof to be applied in part payment of so much of the cost and expense of the improvement of under said ordi- nance no. _ as is levied and assessed against the property included in said local improvement district and benefited by said improvement, and the said local improvement fund district No. of Everett has been established for said purpose, and the holder or holders of this bond shall look only to said fund for the payment of either the principal or interest of this bond. A call for payment of this bond, or of any bond of the series of which this is one, shall be made by the city treasurer by publishing the same in the city official newspaper of such city, and when such call is made for the payment of this bond it will be paid on the day the next interest coupon thereon shall become due after said call, and upon said day interest upon_ this bond shall cease. This bond is one of a series of bonds aggregating in all the principal sum of issued for said local improvement district, all of which bonds are subject to the same terms and conditions as herein expressed. IN 'WITNESS WHEREOF the city of Everett has caused these presents to be signed by its mayor and attested by its clerk and sealed with its corporate seal this day of in the year of our Lord one thousand nine hundred and EVERET T, By Mayor. Attest: ( S E A L ) --nay Clerk. COUPONS - NUMBER and FORM: There shall be attached to each bond such number of coupons , not exceding ten, as shall be required to represent the interest thereon payable annually for the term of said bonds, which coupons shall be in substantially the following form: No. On the day of _Everett promises to pay to the bearer at the office of the city treasurer $ being one year's