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• <br /> CITY OF EVERETT, WASHINGTON <br /> ORDINANCE NO. /1%'O-QO <br /> TABLE OF CONTENTS* <br /> Page <br /> RECITALS 1 <br /> SECTION 1. Definitions 1 <br /> SECTION 2 . Authorization of Project and Findings 4 <br /> SECTION 3 . Authorization of Bonds 6 <br /> SECTION 4. Registration of Bonds 7 <br /> SECTION 5. Optional Redemption 9 <br /> SECTION 6. Notice of Redemption; Effect of <br /> Redemption 9 <br /> SECTION 7. Creation of Bond Fund and Provision for <br /> Tax Levy Payments 12 <br /> SECTION 8. Defeasance 13 <br /> SECTION 9. Payment of Arbitrage Rebate 13 <br /> SECTION 10. Tax Covenants 14 <br /> SECTION 11. Mutilated, Lost or Destroyed Bonds 15 <br /> SECTION 12 . Form of the Bonds 16 <br /> SECTION 13 . Execution of the Bonds 20 <br /> SECTION 14 . Application of Proceeds of Bonds 21 <br /> SECTION 15. Assessed Value and Existing Bonded <br /> Debt 21 <br /> SECTION 16. Sale of the Bonds 22 <br /> SECTION 17. Temporary Bonds 22 <br /> SECTION 18. Severability 23 <br /> SECTION 19. General Authorization 23 <br /> SECTION 20. Prior Acts 24 <br /> SECTION 21. Effective Date 24 <br /> SECTION 22 . Repealer 24 <br /> * Neither this Table of Contents nor the preceding cover page <br /> is a part of this Ordinance. <br /> -1- KR113 90/09/17 <br />