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Ordinance 2107
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Ordinance 2107
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7/19/2024 1:31:46 PM
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Ordinances
Ordinance Number
2107
Date
11/20/1923
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{ <br /> f DI KT CE NO,__ 210. <br /> ?. <br /> An Ordinance amending Section 2 of Ordinance 7o,2105 entitled: <br /> 1 <br /> "An Ordinance submit ting to the voters of' the City <br /> 2 of Everett a prop is <br /> suing for issui g Park hon ds of said City to <br /> amount amont of ,.15,000.00 for the ,ur- oses of acquiring by purchase <br /> 3 or condemnation lands for pars, pur)oses and childrenst play grounds <br /> and improving the sae." <br /> 4 <br /> the said Section 2 relating to the issuance of the bonds provided <br /> 5 <br /> in said Ordinance To.2105; a.d declaring en emergency, <br /> 6 <br /> Th-E CITY OF EVERETT DOE'S CRDAIN <br /> 7 <br /> Section 1 : That Section 2 of Ordinance N0,2105 be, and <br /> 8 <br /> the same is hereby amended to read as follows, to-wit : <br /> 9 <br /> "Section 2 : That the city issue and sell in the manner <br /> 10 <br /> provided by statute, its serial, negotiable, coupon bonds numbered <br /> 11 <br /> from one upward consecutively in the sum of 515, 000.00 for the <br /> 12 <br /> purpose of raising funds to carry into effect the foregoing propo- <br /> 13 <br /> sition, Said bonds shall bear interest at not to exceed the rate of <br /> 14 <br /> six (6) per cent per annum. Said interest to be payable semi-annually <br /> 15 <br /> That the various annual maturities of said bonds shall be as provided <br /> 16 mounts <br /> by statute and shall, as nearly as practicable, be in such 12221XMag as <br /> 17 <br /> will, together with interest on all outstanding bonds, be met by an <br /> 18 <br /> equal annual tax levy for the -,,a^yment of said bonds and interest . <br /> 19 <br /> All of said bonds shall be of the denomination of 500.00 each and <br /> 20 <br /> shall be payable at the office of the City Treasurer of 'averett, <br /> 21 <br /> 22 Snohomish County, Washington. Said bonds shall be payable out of a <br /> 23 <br /> sinking fund as provided by law, <br /> Section 2 : It being deemed necessary that said proposition <br /> 24 <br /> 25 <br /> submitted in said Qrdina.nce bTo.2105, be submitted to the voters of <br /> 26 the city at the general election to be held in said city on Decembers <br /> 27 1,1923, an emergency is declared to exist and this ordinance shall <br /> 28 <br /> take effect upon its passage .and publication, <br /> 29 /Zt <br /> _ _ <br /> 30 Passed: No 1 ' 194:. <br /> 31 <br /> t t 11--1.4_c_o <br /> City 1 erlr <br /> Published: Nov. ion 1, 9a3 .*, <br />
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