HomeMy WebLinkAbout01893The City of Port Townsend has further bound itself to
establish, maintain and collect rates and charges for water
service for as long as any of said April 1, 1957 water revenue
bonds, the bonds of this issue, and any revenue bonds which may,
dater be issued on a parity therewith are outstanding that will
provide revenue equal to at least 1.4 times the amount required
each calendar year hereafter to pay the principal of and inter-,,
.
eat on all of such bonds after necessary costs of maintenance
and operation of such system have bean paid but before depre=_
ciation.
It is hereby certified and declared that the bonds of this
issue are.issued pursuant to and in strict compliance with the
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Constitution and laws of the State of Washington and ordinances.
of the City of_Port Townsend, and that all acts, conditions.and...:
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things required to be done precedent to and in the issuance.oE
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,...
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this bond have.ha ened been done and
pp , performed.
IN WITNESS IMUOP, the City of Part Townsend, Washington,
has caused this bond to be signed by its Mayor, to be attested. :'..
by its Clerk, the corporate seal of the city to be impressed
'.
hereon, and the interest coupons attached hereto to be signed
with the facsimile signatures of said officials, this first
day of Docember, 1959.
CITY OF PORT TOWNSENA, WASHINGTON
By
Mayor
ATTEST:
City, Clerk
The interest coupons attached to the Bonds shall be in sub-
stantially the following form:,
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