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Ordinance 1359-87
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Ordinance 1359-87
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1/16/2018 11:01:41 AM
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Ordinances
Ordinance Number
1359-87
Date
6/10/1987
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• <br /> ORDINANCE NO./ 65c7 <br /> AN ORDINANCE relating to Local Improvement <br /> District No . 719 ; fixing the amount , form, date, <br /> interest rates , maturities and denominations of the <br /> Local Improvement District No . 719 Bonds; providing <br /> for the sale and delivery thereof to Harper, McLean & <br /> Company in Seattle, Washington; and fixing the <br /> interest rate on Local Improvement District No . 719 <br /> assessment installments . <br /> THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1 . The total amount of the assessment roll in <br /> Local Improvement District No . 719 in the City of Everett , <br /> Washington (the "City" ) , created under Ordinance No . 1141-85 , <br /> passed June 12 , 1985 , was $2 , 462 , 712 . 11 . The 30-day period for <br /> making cash payments of assessments without interest in the <br /> District expired on March 20 , 1987, and the total amount of <br /> assessments paid in cash was $101, 396 . 90 , leaving a balance of <br /> assessments unpaid on the assessment roll in the sum of <br /> $2 , 361, 315 . 21 . Local Improvement District No . 719 Bonds (the <br /> "Bonds") , therefore, shall be issued in the total principal sum <br /> of $2 , 361, 315 . 21 . The Bonds shall be dated July 1, 1987; shall <br /> be in the denomination of $5 , 000 each, except for Bond No . 1 <br /> which shall be in the denomination of $6 , 315 . 21; shall be <br /> numbered from 1 to 472 , inclusive, in the manner and with any <br /> additional designation as the Bond Registrar (collectively, the <br /> fiscal agencies of the State of Washington located in Seattle, <br /> Washington, and New York, New York) deems necessary for the <br />
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