Ordinance 2451 - Laserfiche WebLink

• • ORDINANCE NO. h� fil. An Ordinance providing for the issuance of General Nego-» tiable Serial Coupon Bonds of the City of Everett in the sum of eight hundred thousand dollars ( 800,000.00) for the purpose of making additions, betterments and extensions to its present wa-r ter supply system, as more definitely, specifically and in de- tail set forth in Ordinance No. 2433 of the City of Everett, passed by the City Council of the City of Everett on;April 2, 1929, and voted upon by the qualified voters of said city at a special municipal election held within said Everett on May 4, 1929, and adopted by said voters at said election; providing for the form and tenor of such bonds, the date thereof and the order of retir- ing the same, the payment of principal and interest thereon, es- tablishing special funds for the payment of the same, ratifying and confirming the sale of said bonds to the State of Washington, and declaring an emergency. WHEREAS, at a special municipal election, held in the City of Everett, Snohomish County, Washington, on May 4, 1929, under and pursuant to Ordinance No. 2433 of said city, passed April 2, 1929, more than three-fifths (3/5) of the qualified voters of said city voting at said election voted in favor of the proposition to issue General Negotiable Serial Coupon Bonds in the sum of eight hundred thousand dollars ( 800,000.00) for the purpose of making additions, betterments and extensions to the present water supply system of the City of Everett, the said additions, better- ments and extensions being more definitely and specifically enum erated in said Ordinance No. 2433; and WHEREAS, said bonds were duly and regularly advertised for sale and the bid of the State of Washington was the best bid re- ceived for said bonds, which said bid was duly accepted by the City of Everett, and the State of Washington. informed of said ac- ceptance. Now, therefore; ,.