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• • - <br /> • <br /> Section 5 . Wm. P. Harper & Son & Company, a Division of <br /> Harper, McLean & Company, of Seattle, Washington, has submitted <br /> an offer to purchase all of the Bonds at a price of par plus <br /> accrued interest from the date of the Bonds to the date of their <br /> delivery to the purchaser, the City to furnish the printed Bonds <br /> and the approving legal opinion of Roberts & Shefelman, munici- <br /> pal bond counsel of Seattle, Washington, at the City' s expense . <br /> Bond counsel shall not be required to review nor express any <br /> opinion concerning the completeness or accuracy of any official <br /> statement, offering circular or other sales material issued or <br /> used in connection with the Bonds, and bond counsel ' s opinion <br /> shall so state . The City Council, deeming that it is in the <br /> best interest of the City that such offer be accepted, accepts <br /> the same . The Bonds shall, therefore, immediately upon their <br /> execution, be delivered to Wm. P . Harper & Son & Company, a <br /> Division of Harper, McLean & Company, Seattle, Washington, upon <br /> payment therefor in accordance with such offer . <br /> Section 6 . The interest rates on the installments and <br /> delinquent payments of the special assessments in Local Improve- <br /> ment Districts Nos . 703 , 706, 708 and 710 are revised and fixed <br /> at the rate of 11 . 15% per annum, which is one-half of one <br /> percent more than the net effective interest rate for the Bonds . <br /> Mayor <br /> ATTEST: <br /> ity Clerk <br /> APPROVED AS TO FORM: <br /> Attorney <br /> .44404 <br /> D: 4, -F-1- ? <br /> VA 0 : (0--/t�" <br /> PUBLISHED: <br /> - 4 - <br />