Ordinance 2237-97 - Laserfiche WebLink

CERTIFICATE OF AUTHENTICATION Date of Authentication: This bond is one of the bonds described in the within mentioned Bond Ordinance and is one of the Limited Tax General Obligation Bonds, 1997, of the City of Everett, Washington, dated as of September 1, 1997. WASHINGTON STATE FISCAL AGENCY, as Bond Registrar By Authorized Signatory ADDITIONAL PROVISIONS This bond is one of a series of bonds of like date and tenor, except as to number, amount, rate of interest and date of maturity, in the aggregate principal amount of$9,900,000 and is issued to pay a portion of the costs of certain capital projects. The bonds of this issue maturing in the years 2001 through 2007, inclusive, are not subject to redemption prior to maturity. The City has reserved the right, at its option, to redeem the bonds of this issue maturing on and after September 1, 2008, on and after September 1, 2007, in whole at any time, or in part on any interest payment date (and if in part, with maturities to be selected by the City and by lot within a maturity in such manner as the Bond Registrar shall determine), at a redemption price of par plus accrued interest to the date fixed for redemption. If not redeemed pursuant to the optional redemption provisions set forth above, the bonds of this issue maturing on September 1, 2017, shall be redeemed prior to maturity by lot (or paid at maturity), on September 1 of the years and in the principal amounts as set forth below, upon written notice as described below, by payment of the principal amount thereof plus the interest accrued thereon to the date fixed for redemption. 2017 Term Bonds Year Amount 2016 810,000 2017* 855,000 Final Maturity* Notice of any such intended redemption as provided above shall be given not less than thirty (30) nor more than sixty (60) days prior to said redemption date by first class mail, postage -10- DOTOM6.DOC 97/08/20