Ordinance 1988-94 - Laserfiche WebLink

The Bond Registrar's Certificate of Authentication on the Bonds shall be in substantially the following form: CERTIFICATE 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 Refunding Bonds, 1994 Series B, of the City of Everett, dated February 1, 1994. WASHINGTON STATE FISCAL AGENCY, as Bond Registrar By Authorized Officer ADDITIONAL PROVISIONS This bond is one of an authorized 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 $5,700,000 and is issued to refund certain outstanding limited tax general obligations of the City. The bonds of this issue are issued under and in accordance with the provisions of the Constitution and applicable statutes of the State of Washington and applicable ordinances duly adopted by the City. The City has reserved the right to redeem outstanding bonds of this issue maturing on or after July 1, 2005, on or after July 1, 2004, in whole on any date, or in part on any interest payment date (maturities to be selected by the City and by lot within a maturity with the manner of selection to be as chosen by the Bond Registrar), at a price of par plus accrued interest to the date of redemption. Portions of the principal sum of this bond in installments of$5,000 or any integral multiple thereof also may be redeemed in accordance with the provisions set forth above, and if less than all of the principal sum hereof is to be redeemed, upon the surrender of this bond at the principal offices of the Bond Registrar there shall be issued to the Registered Owner, without charge therefor, for the then unredeemed balance of the principal sum hereof, at the option of the owner, a bond or bonds of like maturity and interest rate in any of the denominations authorized by the Bond Ordinance. -10- DOToel.DOC 94/01/19