Ordinance 950-83 - Laserfiche WebLink

• publishing notice of such call once in the official newspaper of the City or, if there is no official newspaper of the City, in a newspaper of general circulation in the City not less than 10 nor more than 20 days prior to the call date, and by mailing a copy of such notice by registered or certified mail within the same period to the main office of Wm. P. Harper & Son & Company, a Division of Harper, McLean & Company, in Seattle, Washington, and upon such date the interest on Bonds so called shall cease and each and every coupon representing interest not accrued on such date shall be void . Bonds numbered 1 through 48, inclu- sive, shall bear interest at the rate of 10. 25% per annum, Bonds numbered 49 through 63 , inclusive, shall bear interest at the rate of 10.40% per annum, Bonds numbered 64 through 77, inclu- sive, shall bear interest at the rate of 10 .75% per annum, and Bonds numbers 78 through 100, inclusive, shall bear interest at the rate of 10 . 875% per annum. Interest shall be payable annually beginning June 1, 1984 , to be represented by interest coupons to maturity attached to each Bond. Both principal of and interest on the Bonds shall be payable 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 at the office of the City Treasurer in Everett, Washington, or, at the option of the holder, at either fiscal agency of the State of Washington in Seattle, Washington, or New York, New York. Section 4 . The Bonds and coupons shall be printed or lithographed on engraved paper in a form consistent with this ordinance and state law. The Bonds shall be signed by the fac- simile signature of the Mayor, attested by the manual signature of the City Clerk, under the seal of the City, and the coupons shall bear the facsimile signatures of the Mayor and the City Clerk . - 3 -