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Ordinance 1504-88
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Ordinance 1504-88
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Ordinances
Ordinance Number
1504-88
Date
7/20/1988
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mutilated Bond so surrendered shall be cancelled by the Bond <br /> Registrar and redelivered to, or upon the order of, the City. <br /> In case the Bonds or any of them shall be lost, stolen or <br /> destroyed, the Bond Registrar may authenticate and deliver a new <br /> Bond or Bonds of like amount, date, and tenor to the registered <br /> owner thereof upon the owner' s paying the expenses and charges of <br /> the City and the Bond Registrar in connection therewith and upon <br /> his/her filing with the Treasurer and the Bond Registrar evidence <br /> satisfactory to said Treasurer and Bond Registrar that such Bond <br /> or Bonds were actually lost, stolen or destroyed and of his/nez <br /> ownership thereof, and upon furnishing the City and Bond Registrar <br /> with indemnity satisfactory to the Treasurer and Bond Registrar. <br /> SECTION 12 . Form of the Bonds. The Bonds shall be in sub- <br /> stantially the following form: <br /> UNITED STATES OF AMERICA <br /> NO. $ <br /> STATE OF WASHINGTON <br /> CITY OF EVERETT <br /> UNLIMITED TAX LEVY GENERAL OBLIGATION BOND, 1988 <br /> INTEREST RATE: MATURITY DATE: CUSIP NO: <br /> SEE REVERSE SIDE FOR CERTAIN DEFINITIONS <br /> REGISTERED OWNER: <br /> PRINCIPAL AMOUNT: DOLLARS <br /> The City of Everett, Washington, a municipal corporation <br /> organized and existing under and by virtue of the laws and Consti- <br /> tution of the State of Washington (the "City" ) , hereby acknowl- <br /> edges itself to owe and for value received promises to pay to the <br /> Registered Owner identified above, or registered assigns, on the <br /> Maturity Date identified above, the Principal Amount specified <br /> above, unless redeemed prior thereto as provided herein, together <br /> with interest on such Principal Amount from the date hereof or the <br /> most recent date to which interest has been paid or duly provided <br /> for at the Interest Rate set forth above payable July 1, 1989, and <br /> semiannually thereafter on each January 1 and July 1 thereafter <br /> until payment of the principal sum has been made or duly provided <br /> for Both principal of and interest on this bond are payable in <br /> rtwful money of the United States of America. Principal shall be <br /> paid to the registered owner hereof upon presentation and sur- <br /> render of this bond at the principal offices of either of the <br /> -15- KR258 88/07/06 <br />
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