Ordinance 826-81 - Laserfiche WebLink

PROPOSITION SENIOR CITIZEN HOUSING BONDS - $2, 000 , 000 Shall Ordinance No. B..?6--e/ providing for borrowing $2, 000 ,000 for the purpose of paying part of the cost of development, acquisition, construction and equipping of housing for low-income elderly persons by the Housing Authority of the City of Everett, and issuing and selling general obligation bonds therefor, maturing serially beginning on a date not less than two nor more than five years from date of issue and ending on a date not more than, but may be less than, twenty years from date of issue, and payable from unlimited annual property tax levies, be ratified or rejected? ORDINANCE AND BONDS YES / / ORDINANCE AND BONDS NO / / The County Auditor of Snohomish County, ex officio Super- visor of Elections of the County, shall have jurisdiction over and shall conduct such special election. The City Clerk shall deliver to the Snohomish County Auditor a certified copy of this ordinance showing its passage and including the ballot title herein set forth. Section 9 . The life of the housing units to be developed, acquired, constructed or rehabilitated with the proceeds of the Bonds is estimated to be, as nearly as practicable, in excess of twenty years. Section 10 . Certification of such proposition by the City Clerk to the Snohomish County Auditor in accordance with law prior to the date of such election on February 2, 1982, and any other act consistent with the authority and prior to the effective date of this ordinance, are ratified and confirmed. PASSED by the City Council of the City of Everett, Washington, at a regular open public meeting thereof held on the VA day of December, 1981, and APPROVED by the Mayor this day of December, 1981. r)- 17 ATTEST: Mayor ity Clerk 240-7 Cite-Z-4-e) F• Cu APPROVED:City A • Passe. . 6/8/ Valid: /a ///6 /8/ 9 Published: /a/a4/8/