Ordinance 2404MAE:jt
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ORDINANCE NO. 2404
AN ORDINANCE OF THE CITY OF EDMONDS,
WASHINGTON, STATING THAT THE CASH PRE-
PAYMENT PERIOD FOR LOCAL IMPROVEMENT
DISTRICT NO. 209 OF THE CITY OF EDMONDS
HAS EXPIRED; GIVING THE TOTAL OF THE
ASSESSMENT ROLL THEREON AND THE AMOUNT
RECEIVED AS CASH PRE -PAYMENT OF
ASSESSMENT; AND STATING THE AMOUNT AND
NUMBER OF BONDS TO BE ISSUED IN CONNECTION
THEREWITH.
WHEREAS, Ordinance No. 2397 of the City of Edmonds
confirming the Final Assessment Roll on Local Improvement
District No. 209 of the City of Edmonds was passed on the
19th day of September, 1983 and
WHEREAS, the cash pre -payment period for said Local
Improvement District expired on the 29th day of October,
1983, and
WHEREAS, the denominations of the bonds, and their
date of payment and issue for the said Local Improvement
District should be incorporated herein and made a part of the
City records and fixed by ordinance, and
WHEREAS, the total of the Final Assessment Roll and
the amount received as cash pre -payment of assessments
thereunder should be shown in the City records, now,
therefore,
THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON,
DO ORDAIN AS FOLLOWS:
Section 1. The total cost of Local Improvement
District No. 209 of the City of Edmonds as shown on the Final
Assessment Roll thereon was in the amount of $60,119.07 and
no cash was paid during the pre -payment period for
assessments, leaving a balance of $60,119.07
Section 2. In payment of the said balance of
$60,119.07, bond number one (1) through sixty (60), inclusive
shall be issued in connection with and to pay the said sum
under Local Improvement District 209, and shall be in
denominations of $1,000 each, except bond number one, which
shall be in the denomination of $1,119.07; and all of said
bonds shall bear interest at the rate of 9.75 percent
per annum payable annually and shall be issued on the 18th
day of November, 1983, and shall be payable on the 18th day
of November, 1993.
Section 3. Said bonds shall be sold locally by the
Finance Director at not less than par and accrued interest.
Section 4. This ordinance shall be in full force
and effect five (5) days after publication and posting as
required by law.
APPROVED:
7p4v
MAYOR, H. H. HARRISON
ATTEST/AUTHHENTICATED:
CITY CLERK, IRENFOVARNEY MORAN
APPROVED AS TO FORM:
OFFICE OF THE CITY TTORNEY:
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FILED WITH THE CITY CLERK:
November 3, 1983
PASSED BY THE CITY COUNCIL:
November 7, 1983
POSTED: November 8, 1983
EFFECTIVE DATE: November 13, 1983
ORDINANCE NO. 2404
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AFFIDAVIT OF POSTING ORDINANCE
STATE OF WASHINGTON )
) ss:
COUNTY OF SNOHOMISH )
IRENE VARNEY MORAN
, being first duly sworn
on oath deposes and says that s he is over the age of eighteen (18)
years and is competent to testify as to the matter stated herein.
There is no official newspaper or other newspaper printed and
published within the City. In accordance with RCW 35A.12.160, on
the 8 day of November , 19 83, affiant posted true and
correct copies of the attached Ordinance No. 2404, passed by the
City Council on the 7 day of
November
, 19 83, at the
official posting places for City notices which are the public
bulletin boards at the following locations:
Edmonds Civic Center
250 Fifth Avenue North
Edmonds, Washington 98020
Edmonds Public Library
650 Main Street
Edmonds, Washington 98020
Edmonds Branch of United States Post Office
201 Main Street
Edmonds, Washington 98020
DATED this 8 day of
November
, 1983.
SUBSCRIBED AND SWORN to before me this o day of
19333.
of ry Public in and for the
State of Washington, residing
at