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4 <br /> CITY OF EVERETT, WASHINGTON <br /> RESOLUTION NO. X451 <br /> A RESOLUTION of the City Council of the City of <br /> Everett, Washington accepting the proposal of <br /> Seattle-Northwest Securities Corporation to acquire <br /> certificates of participation in a lease with option <br /> to purchase that the Council has heretofore <br /> authorized for the acquisition of certain real <br /> property for City use; approving the rates of <br /> interest contained in such proposal for payments <br /> due under the lease; and ratifying certain acts and <br /> proceedings. <br /> APPROVED ON March 27 , 1991 <br /> PREPARED BY: <br /> PRESTON THORGRIMSON SHIDLER GATES & ELLIS <br /> 5400 Columbia Center <br /> 701 Fifth Avenue <br /> Seattle, Washington 98104-7078 <br />