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I. <br /> r r <br /> CITY OF EVERETT, WASHINGTON <br /> WATER AND SEWER REVENUE REFUNDING BONDS, 1985 <br /> $46, 730, 000 <br /> ORDINANCE NO. 1139-85 <br /> AN ORDINANCE of the City of Everett, Washington, <br /> authorizing the issuance and sale of water and <br /> sewer revenue refunding bonds in the principal <br /> amount of $46, 730, 000 for the purpose of <br /> refunding the Water and Sewer Revenue and <br /> Refunding Bonds, 1978, of the City, the <br /> Water and Sewer Revenue Bonds, 1980, of the <br /> City, the Water and Sewer Revenue Bonds, <br /> 1982 , of the City, and the Water and Sewer <br /> Revenue and Refunding Bonds, 1983 , of the <br /> City; authorizing the application and use of <br /> other available moneys of the City and the <br /> acquisition and safekeeping of certain <br /> Acquired Obligations for the purpose of <br /> accomplishing such refunding; authorizing the <br /> execution of an agreement with Peoples <br /> National Bank of Washington to serve as <br /> refunding trustee for the bonds to be <br /> refunded; providing the covenants, terms and <br /> conditions under which the refunding bonds and <br /> future parity bonds shall be issued; and <br /> providing for the sale of the refunding bonds <br /> to Seattle-Northwest Securities Corporation <br /> and Drexel Burnham Lambert, Kirchner Moore & <br /> Co. Subsidiary. <br /> PASSED: June 5, 1985 <br /> Prepared by: <br /> PRESTON, THORGRIMSON, ELLIS & HOLMAN <br /> Seattle, Washington 98101 <br />