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Ordinance 344-74
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Ordinance 344-74
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Ordinances
Ordinance Number
344-74
Date
12/4/1974
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• <br /> ;of intention shall state that Bonds Nos. (giving the <br /> number or numbers of the Bonds called) will be redeemed on <br /> the day the next interest coupon or coupons on the Bond or <br /> Bonds called become due and that interest on such Bond or Bonds <br /> will cease upon that date. <br /> Notice of such intended redemption shall also be given <br /> by mailing a copy of said notice, at the same time, to Wm. P. <br /> Harper & Son & Company at its main place of business in Seattle, <br /> Washington, or to its business successor, if any. <br /> Section 2. The Bonds shall be in substantially the follow- <br /> ing form: <br /> UNITED STATES OF AME RI CA <br /> NO. $5,000 <br /> (NO. 1) ($3,312.00) <br /> STATE OF WASHINGTON <br /> CITY OF EVERETT <br /> LOCAL IMh'ROVEMENT DISTRICT NO. 696 BOND <br /> The City of Everett, a municipal corporation of the <br /> State of Washington (hereinafter called the "City") , hereby <br /> promises to pay to bearer the sum of <br /> FIVE THOUSAND DOLLARS <br /> in lawful money of the United States of America, with inter- <br /> est thereon from the date hereof at the rate of 8.00% per <br /> annum payable annually on the first day of December of each <br /> year upon presentation and surrender to the City Treasurer <br /> of this bond and the attached interest coupons as they <br /> severally become due. This bond, both princpal and interest, <br /> is payable only out of Local Improvement Fund No. 696 of the <br /> City created by Ordinance No. 241-73 of the City Council passed <br /> June 6 , 1973, or out of the Local Improvement Guaranty Fund of <br /> the City. <br /> -3- <br />
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