Ordinance 1505-88 - Laserfiche WebLink

This bond shall not be valid or become obligatory for any purpose or be entitled to any security or benefit under the Bond Ordinance until the Certificate of Authentication hereon shall have been manually signed by the Bond Registrar. The City hereby irrevocably covenants and agrees with the owner of this bond that it will include in its annual budget and levy taxes annually, within and as a part of the tax levy per- mitted to counties without a vote of the electorate upon all the property subject to taxation in amounts sufficient, together with all other moneys legally available therefor, to pay the principal of and interest on the bond as the same shall become due. The full faith, credit and resources of the City are hereby irre- vocably pledged for the annual levy and collection of such taxes and the prompt payment of such principal and interest. It is hereby certified and declared that this bond is issued pursuant to and in strict compliance with the Constitution and laws of the State of Washington and the Charter and ordinances of the City, that all acts, conditions and things required to be done precedent to and in the issuance of this bond and the bonds of this issue have happened, been done and performed and that this bond and the bonds of this issue do not exceed any Constitutional or statutory limitations. IN WITNESS WHEREOF, the City of Everett, Washington, has caused this bond to be signed on behalf of the City with the facsimile signature of the Mayor, to be attested by the facsimile signature of the City Clerk and a facsimile of the seal of the City to be reproduced or impressed hereon, as of this 1st day of July, 1988. CITY OF EVERETT, WASHINGTON By Mayor ATTEST: City Clerk The Certificate of Authentication for the Bonds shall be in substantially the following form and shall appear on the front of each Bond: -16- KR257 88/07/06