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NOPFMCER 7th,1945. <br /> The Regular Administrative Session of the City 0000011 was held at 10 AM, <br /> November 7th,1945,Nayor Arenas presiding,Commles100,re llnzelme¢end JohnaOn <br /> present at roll call, <br /> Minutes oI November 6th,1945 read and approved. <br /> Moved by Areas,seconded by UCzelman,to issue Council Order to pay <br /> interest on Special Water Revenue No.5 bonds 1n the amount of$18,200.00 es follows <br />• Through New York fiscal agent $17,140.00 <br /> First National Hank of Everett 900,00 <br /> August Erickson,Everett,Washington 160.00 Carried. <br /> IIS Moved by Unzelman,seconded by Samson to issue Council Order to approve <br /> the sale of Lots 11&12,Blk.923,Plat of Everett,Div."Id"to Henry J.Schwartz <br /> for$436.08 end the issuance of a Q.C.Deed upon receipt 0f the purchase prion. <br /> carried. <br /> Novel ty.Aramis,seconded by Unzelman,to adopt the following 00000,dure <br /> for the refunding of water Revenue Ronda: <br /> A8 soon as the refunding Donde of December 101,1945 are sold,the <br /> proceeds of the eels thereof,together with euffielent other funds to <br /> willebe pairiato=ond redmptlon fundyknow¢es g"Evere Vf971 Special <br /> Water Revenue Rond Fund No.5,"being the bond fund referred to in the <br /> Perm of the bond set up by ordinance No.2704, <br /> Upon deposit in such bond fund the oily authorities.11 invest said <br /> funds in United States securities,and when so invested such Dated States <br /> purities will be deposited with ne ofthe <br /> City depository <br /> banks in <br /> Everett for safe keeping, provide <br /> Etat the City will sell said bonds intimeto have the cash mece y to <br /> I pay the principal and interest of the old Donde on December 1,1946.. <br /> • <br /> Carried <br /> oe motion the meeting adjourned et 11:10 AM. .f <br /> v ej W City Clerk. <br /> Read and approved as of record,November gth,1945. 9 <br /> //— mayor. <br />