Ordinance 2063ORDINANCE NO. 2063
AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON,
STATING THAT THE CASH PRE -PAYMENT PERIOD
FOR L.I.D NO. 204 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. 2053 of the City of Edmonds
confirming the Final Assessment Roll on L.I.D. No. 204 of the
City of Edmonds was passed on the 20th day of February, 1979,
and
WHEREAS, the cash pre -payment period for said
L.I.D. expired on the 29th day of March, 1979, 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. 204 of the City of Edmonds as shown on the
Final Assessment Roll thereon was in the amount of $26,749.15
and the sum of $6,344.27 was paid in cash during the pre-
payment period for assessments, leaving a balance of $20,404.92.
-1-
Section 2. In payment of the said balance of $20,404.92,
bond number one (1) through forty-one (41), inclusive shall
be issued in connection with and to pay the said sum under
L.I.D No. 204, and shall be in denominations of $500.00 each,
except bond number one, which shall in the denomination of
$404.92; and all of said bonds shall bear interest at the
rate of 6-1/2 per annum payable annually and shall be issued
on the lst day of May, 1979, and shall be payable on the 1st
day of May, 1991.
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:
MAYOR, H. H. HARRISON
ATTEST/AUTHENTICATED:
CITY CLERK, IREW VARNEY, MORAN
APPROVED AS TO FORM:
OFFICE OF THE CITY ATTORNEY:
FILED H THE CITY CLERK: April 6, 1979
PASSED BY THE CITY COUNCIL: April 10, 1979
POSTED: April 11, 1979
EFFECTIVE DATE: April 16, 1979
AFFIDAVIT OF POSTING ORDINANCE
STATE OF WASHINGTON )
) ss:
COUNTY OF SNOHOMISH )
Irene Varney Moran
, being first duly sworn
on oath deposes and says that she is over the age of eighteen
(18) years and is competent to testify as to the matter
stated herein.
On the l l th
day of April , 197 9 , affiant
posted true and correct copies of the attached Ordinance No.
2063 , passed by the City Council on the
April
IOth
day of
1979 , at the three 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
Civic Center
250 Fifth Avenue North
Edmonds, Washington 98020
Edmond Branch of the
United States Post Office
201 Main Street
Edmonds, Washington 98020.
DATED this 11 th day of Apri 1 197 9 .
SUBSCRIBED AND SWORN to before me this / / day of
197
- i
otary Public in and for the
State of Washington, residing
at ��