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EXHIBIT A
<br /> NOTICE OF BOND SALE
<br /> CITY OF EVERETT, WASHINGTON
<br /> UNLIMITED TAX LEVY GENERAL OBLIGATION BONDS, 1988
<br /> NOTICE IS HEREBY GIVEN that the City of Everett, Washington,
<br /> will receive sealed bids at the office of the Finance Director of
<br /> the City at the City Hall, 3002 Wetmore, Everett, Washington 98201
<br /> on
<br /> Wednesday, July 20, 1988
<br /> until 11 o' clock a.m. , local time, for the purchase of the
<br /> Unlimited Tax Levy General Obligation Bonds, 1988, of the City in
<br /> the aggregate principal amount of $6, 600, 000 (the "Bonds" ) . The
<br /> bids for the Bonds will be publicly opened, read, and evaluated at
<br /> such time, and shall be acted upon by the City Council at a
<br /> regular meeting thereof at 7 o' clock p.m. on the same date in the
<br /> Chambers of the City Council in Everett, Washington.
<br /> BOND DETAILS. The Bonds will be dated as of July 1, 1988,
<br /> will be in denominations of $5, 000 or any integral multiple
<br /> thereof, will be in fully registered form, will be numbered, and
<br /> will mature on July 1 of such years and in such principal amounts
<br /> as follows:
<br /> Maturity Principal Maturity Principal
<br /> Year Amount Year Amount
<br /> 1989 $165, 000 1999 $310, 000
<br /> 1990 175, 000 2000 330, 000
<br /> 1991 185, 000 2001 355, 000
<br /> 1992 195, 000 2002 385, 000
<br /> 1993 210, 000 2003 415, 000
<br /> 1994 220, 000 2004 445, 000
<br /> 1995 235, 000 2005 480, 000
<br /> 1996 255, 000 2006 515, 000
<br /> 1997 270, 000 2007 560, 000
<br /> 1998 290, 000 2008 605, 000
<br /> The Bonds will bear interest from the date thereof payable on
<br /> July 1, 1989, and semiannually thereafter on January 1 and July 1
<br /> of each year.
<br /> PAYING AGENTS. Both principal of and interest on the Bonds
<br /> will be payable in lawful money of the United States of America.
<br /> Interest on the Bonds shall be paid by check or draft mailed (on
<br /> the date such interest is due) to the registered owners or nomi-
<br /> nees of such owners at the addresses appearing on the Bond Regis-
<br /> ter (as hereinafter defined) as of the 15th day of the month
<br /> preceding the interest payment date. Principal of the Bonds shall
<br /> be payable upon presentation and surrender of the Bonds by the
<br /> registered owners or nominees of such owners at the principal
<br /> offices of either of the fiscal agencies of the State of
<br /> Washington in the cities of Seattle, Washington, or New York, New
<br /> York, at the option of such owners.
<br /> A-1 KR258 88/07/06
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