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3. Upon the payment of the redemption price of Bonds being redeemed, each check <br /> or other transfer of funds issued for such purpose shall bear the CUSIP number identifying, by <br /> issue and maturity, the Bonds being redeemed with the proceeds of such check or other transfer. <br /> The Bond Registrar shall provide additional notice of any optional redemption of Bonds <br /> (at least 30 days prior to the date fixed for redemption) to each NRMSIR and the SID, if any, in <br /> accordance with Section 16 of this ordinance. <br /> D. Open Market Purchase. The City reserves the right to purchase any or all, of the <br /> Bonds on the open market at any time at any price. <br /> Section 5. Form of Bonds. The Bonds shall be in substantially the following form: <br /> UNITED STATES OF AMERICA <br /> NO. $ <br /> STATE OF WASHINGTON <br /> CITY OF EVERETT <br /> LIMITED TAX GENERAL OBLIGATION BOND, 1997 <br /> INTEREST RATE: CUSIP NO.: <br /> MATURITY DATE: <br /> REGISTERED OWNER: <br /> PRINCIPAL AMOUNT: Dollars <br /> THE CITY OF EVERETT, WASHINGTON, a municipal corporation of the State of <br /> Washington (the "City"), hereby acknowledges itself to owe and for value received promises to <br /> pay to the Registered Owner identified above, or registered assigns, on the Maturity Date <br /> specified above the Principal Amount specified above and to pay interest thereon (computed on <br /> the basis of a 360-day year of twelve 30-day months) from September 1, 1997, or the most recent <br /> date to which interest has been paid or duly provided for, at the Interest Rate specified above, <br /> payable on March 1, 1998, and semiannually thereafter on each March 1 and September 1. <br /> Both principal of and interest on this bond are payable in lawful money of the <br /> United States of America. Interest shall be paid by mailing a check or draft to the Registered <br /> -8- DOTOM6.DOC 97/08/20 <br />