Ordinance 1075-84 - Laserfiche WebLink

• reference number or control number . Such exchange or transfer shall be without cost to the owner or transferee . Both principal of and interest on the Bonds shall be pay- able solely out of the Bond Fund and from the Local Improvement Guaranty Fund of the City, and shall be payable in lawful money of the United States of America . Interest on the Bonds shall be paid by check or draft mailed to the registered owners or nominees at the addresses appearing on the Bond Register on the 15th day of the month preceding the interest payment date . Principal of the Bonds shall be payable upon presentation and surrender of the Bonds by the registered owners at the principal offices of either of the fiscal agencies of the State of Washington in Seattle, Washington, and New York, New York, at the option of such owners . Bonds Nos . 1 through 181, maturing November 1, 1986, through November 1, 1994 , are not subject to redemption prior to their respective maturity dates . The City reserves the right to call for prior redemption Bonds Nos . 182 through 246, maturing November 1, 1995, through November 1, 1998, on November 1, 1994 , or on any interest payment date thereafter as a whole, or in part in inverse numerical order, at par plus accrued interest to the date of redemption, but only if all of Bonds Nos . 247 through 673 have been redeemed . Bonds Nos . 567 through 673 , maturing on November 1, 2006, shall be subject to redemption by lot prior to their maturity on any interest payment date. Bonds Nos . 247 through 566, maturing on November 1, 2002 , shall be subject to redemption prior to their maturity in numerical order on any interest payment date at par plus accrued interest to the date of redemption as follows , but only if all of Bonds Nos . 567 through 673 have been redeemed : - 3 -