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' e <br /> • <br /> • <br /> , • <br /> CITY OF EVERETT, WASHINGTON <br /> ORDINANCE NO. /Qac/-93 <br /> TABLE OF CONTENTS* <br /> Page <br /> RECITALS 1 <br /> SECTION 1 . Definitions 1 <br /> SECTION 2 . Authorization of Project and Findings 5 <br /> SECTION 3 . Authorization of Bonds 7 <br /> SECTION 4 . Registration of Bonds 8 <br /> SECTION 5 . Optional Redemption 10 <br /> SECTION 6. Notice of Redemption; Effect of Redemption 10 <br /> SECTION 7 . Creation of Bond Fund and Provision <br /> for Tax Levy Payments 13 <br /> SECTION 8 . Defeasance 15 <br /> SECTION 9. Payment of Arbitrage Rebate 15 <br /> SECTION 10 . Tax Covenants 17 <br /> SECTION 11 . Mutilated, Lost or Destroyed Bonds 18 <br /> SECTION 12 . Form of the Bonds 18 <br /> SECTION 13 . Execution of the Bonds 24 <br /> SECTION 14 . Application of Proceeds of Bonds 25 <br /> SECTION 15. Assessed Value and Existing Bonded Debt 25 <br /> SECTION 16. Sale of the Bonds 26 <br /> SECTION 17 . Temporary Bonds 27 <br /> SECTION 18 . Severability 28 <br /> SECTION 19. General Authorization 28 <br /> SECTION 20 . Prior Acts 28 <br /> -1- FW WOOH.DOC 93/01/08 <br />