Ordinance 1740-90 - Laserfiche WebLink

The Certificate of Authentication for the Bonds shall be in substantially the following form and shall appear on the front of each Bond: CERTIFICATE OF AUTHENTICATION Date of Authentication: This bond is one of the bonds described in the within- referenced Bond Ordinance of the City of Everett, Washington, and is one of the Limited Tax Levy General Obligation Bonds, 1990, Series B, dated October 1, 1990, of such City. WASHINGTON STATE FISCAL AGENCY As Bond Registrar By /s/ Authorized Officer (Form of Registered Bond - Reverse) ADDITIONAL BOND PROVISIONS This bond is one of an issue of limited tax levy general obligation bonds of the City of like date and tenor, except as to number, interest rate and date of maturity, in the aggregate principal amount of $2,756,250 issued pursuant to Ordinance No. of the City, passed October , 1990 and Resolution No. of the City, adopted October , 1990 (the "Bond Ordinance") , to provide part of the funds necessary to acquire, construct and equip certain library improvements. The outstanding bonds maturing on and after December 1, 2001, are subject to redemption prior to their maturity in whole or in part, in inverse order of maturity and by lot within a maturity in such manner as the Bond Registrar shall determine, on any interest payment date on or after December 1, 2000, at a price of par plus accrued interest to the date of redemption. Portions of the principal amount of any bond, in installments of $5, 000 or any integral multiple of $5, 000, may be redeemed in accordance with the foregoing paragraph. If less than all of the principal amount of any bond is redeemed, upon surrender of such bond at the principal office of the Bond Registrar, there shall be issued to the registered owner without charge therefor for the then unredeemed balance of the principal amount thereof, a new bond or bonds, at the option of the registered owner, of like maturity and interest rate in any of the denominations authorized by the Bond Ordinance. Notice of redemption, unless waived, is given by the Bond Registrar by mailing an official redemption notice by first class mail, postage prepaid, at least 30 days and not more than 60 days prior to the date fixed for redemption, to the registered owner of any bond to be redeemed at the address appearing on the Bond Register. The requirements for such notice shall be deemed to be complied with when notice is mailed as herein provided, regardless of whether or not it is actually received by the owner of any bond. The interest on any bonds so called for redemption -18- KR113 90/09/17