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. a ' <br /> 1 ORDINANCE NO. 1734-90 <br /> 2 <br /> 3 AN ORDINANCE relating to Local Improvement <br /> District No . 724 ; fixing the amount , form, date, <br /> 4 interest rates, maturity and denominations of the <br /> Local Improvement District No . 724 Bonds; providing <br /> 5 for the sale and delivery thereof to Harper, McLean & <br /> Company and Security Pacific Securities, Inc . in <br /> 6 Seattle, Washington; and fixing the interest rate on <br /> Local Improvement District No . 724 assessment <br /> 7 installments . <br /> 8 <br /> THE CITY OF EVERETT DOES ORDAIN: <br /> 9 <br /> Section 1 . The total amount of the assessment roll in <br /> 10 <br /> Local Improvement District No . 724 in the City of Everett, <br /> 11 <br /> Washington (the "City" ) , created under Ordinance No . 1297-86 , <br /> 12 <br /> passed by the City Council and approved by the Mayor on <br /> 13 <br /> October 1, 1986 , was $691, 000 . The 30-day period for making <br /> 14 <br /> cash payments of assessments without interest in the District <br /> 15 <br /> expired on September 14 , 1990, and the total amount of <br /> 16 <br /> assessments paid in cash was $200, 652 , leaving a balance of <br /> 17 <br /> assessments unpaid on the assessment roll of $490, 348 . Local <br /> 18 <br /> Improvement District No . 724 Bonds (the "Bonds" ) , therefore, <br /> 19 <br /> shall be issued in the total principal amount of $490 , 348 . The <br /> 20 Bonds shall be dated October 15 , 1990, shall mature on <br /> 21 <br /> October 15 , 2002 , and shall be numbered from 1 to 98, inclusive, <br /> 22 <br /> in the manner and with any additional designation as the Bond <br /> 23 <br /> Registrar (collectively, the fiscal agencies of the State of <br /> 24 <br /> Washington located in Seattle, Washington, and New York, New <br /> 25 <br />