Ordinance 1505-88 - Laserfiche WebLink

ownership thereof, and upon furnishing the City and Bond Registrar with indemnity satisfactory to the Treasurer and Bond Registrar. SECTION 12 . Form of the Bonds. The Bonds shall be in substantially the following form: UNITED STATES OF AMERICA NO. $ STATE OF WASHINGTON CITY OF EVERETT LIMITED TAX LEVY GENERAL OBLIGATION BOND, 1988 INTEREST RATE: MATURITY DATE: CUSIP NO: SEE REVERSE SIDE FOR CERTAIN DEFINITIONS REGISTERED OWNER: PRINCIPAL AMOUNT: DOLLARS The City of Everett, Washington, a municipal corporation organized and existing under and by virtue of the laws and Consti- tution of the State of Washington (the "City" ) , hereby acknowl- edges itself to owe and for value received promises to pay to the Registered Owner identified above, or registered assigns, on the Maturity Date identified above, the Principal Amount specified above, unless redeemed prior thereto as provided herein, together with interest on such Principal Amount from the date hereof or the most recent date to which interest has been paid or duly provided for at the Interest Rate set forth above payable July 1, 1989, and semiannually thereafter on each January 1 and July 1 thereafter until payment of the principal sum has been made or duly provided for. Both principal of and interest on this bond are payable in lawful money of the United States of America. Principal shall be paid to the registered owner hereof upon presentation and sur- render of this bond at the principal offices of either of the fiscal agencies of the State of Washington in Seattle, Washington or New York, New York (collectively, the "Bond Registrar" ) . Interest on this bond is payable by check or draft of the Bond Registrar mailed (on the date such interest is due) to the Regis- tered Owner hereof at the address appearing on the records main- tained by the Bond Registrar (the "Bond Register" ) as of the fifteenth ( 15th) day of the month preceding the interest payment date. Reference is hereby made to additional provisions of this bond set forth on the reverse side hereof and such additional provisions shall for all purposes have the same effect as if set forth in this space. Reference also is made to the Bond Ordinance (hereinafter defined) as more fully describing the covenants with and the rights of registered owners of the bonds or registered assigns and the meanings of capitalized terms appearing on the bonds which are defined in such Bond Ordinance. -15- KR257 88/07/06