Ordinance 3291-12 - Laserfiche WebLink

In this ordinance, unless the context otherwise requires: (a) The terms "hereby," "hereof," "hereto," "herein, "hereunder" and any similar terms, as used in this ordinance, refer to this ordinance as a whole and not to any particular article, section, subdivision or clause hereof, and the term "hereafter" shall mean after, and the term"heretofore" shall mean before,the date of this ordinance; (b) Words of the masculine gender shall mean and include correlative words of the feminine and neuter genders and words importing the singular number shall mean and include the plural number and vice versa; (c) Words importing persons shall include firms, associations, partnerships (including limited partnerships), trusts, corporations and other legal entities, including public bodies, as well as natural persons; (d) Any headings preceding the text of the several articles and sections of this ordinance, and any table of contents or marginal notes appended to copies hereof, shall be solely for convenience of reference and shall not constitute a part of this ordinance, nor shall they affect its meaning, construction or effect; and (e) All references herein to "articles," "sections" and other subdivisions or clauses are to the corresponding articles, sections, subdivisions or clauses hereof Section 2. Authorization of Bonds and Bond Details. For the purpose of refunding the Refunded Bonds, and thereby effecting a substantial savings to the City, and paying costs of issuance, the City shall issue and sell its limited tax general obligation refunding bonds in the aggregate principal amount of not to exceed $15,000,000 (the "Bonds"). The Bonds shall be general obligations of the City, shall be designated "City of Everett, Washington, Limited Tax General Obligation Refunding Bonds, 2012"; shall be dated as of their -6- P:\20287 CMWM20287 9RD 08/14/12