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53B
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COMMISSIONER'S PROCEEDINGS YOlo 0
JEFFERSON COUNTY WASHINGTON
TWICK. MUUA'f Me. nlln.n
.
install an elevator to run from the basement to the third floor thereof, and
to construct and equip a ~ew county building in the west portion of the County
to provide police and other governmental services for the citizens in that
area.
fection 2. ~or the purpose of pro*iding funds to pay p~rt of the
cost of sa d Improvements and repairs the county shall issue and sell its
limited tax levy general obligation bonds in the principal amount of $150.00.00.
Said bonds (hereinafter called the "Bonds") shall be dated september 1,
196?, shall be in the denomination of $5,000.00 each, shall bear interest at a rate
at not to exceed ~ per annum payable semi-annually on the first days of March and
september of each year from date of issue as evidenced by coupons to be attached
thereto, and shall be numbered and mature in order of their number as follows:
I
Bonds. ,No t s
1
2
f:l.!-turi ty Date
SQPt~mber 1, 1911
september 1, 1912
septembe~ 1, 1913
september 1, 1914
September 1, 1915.
september 1, 1916
SE~tember 1, 1911
September 1, 1918
september 1, 1919
September 1, 1980
septe~ber 1, 1981
September 1, 1982
September 1, 1983
september 1, 1984
september 1, 1985
sap'tember 1, 1986
september 1, 1981
september 1, 1988
september 1, 1989
computed at an estimated
fount
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
15,000
15,000
interest rate
of 6 1/2 %)
3
I
I
5
6
"
8
:9
-10
11-12
13-14
n-16
19-18
J.9-2D
:n -22
23-24
25-27
28-30
(the above schedule was
.
Both. princip~l of and interest on the Bonds shall be payable in lawful-
money of the united States of America at the office of the Treasurer of Jefferson
cmlnty in Port Townsend, Washington.
Section 3. The County hereby reserves the right to redeem any or all of
the Bonds outStandmng in whole, or in part in inver~e numerical o~der, on any interest
payment date on and after ten years from date of issue, at par plus accred interest
to the date of redemption.
Notice of any such intended redemption shall be given by one publication
thereof in the official County newspaper not more than forty nor less than thirty dayS!
prior to said redemption ~te, and by mailing a like notice at the same time to the '
purchaser of the Bonds at its ma'.n office or to the successor in business, if any, of
said purchaser at its main office. Interest on,any Bond or Bondsm called for redemp-
tion shall cease on such redemption date unless the same are not redeemed upon pre-
sentation made pursuant to such call.
I
~~~ The Bonds shall be in substantially the following form:
UNITED STATES OF AMERle<<
NO.
$5,000
.
STATE OF WASHINGTON
JEFRERSON COUNTY
GENERAL OBLIGATION COURTHOUSE
AND BUILDING BOND, 1969
Jefferson county WaShington, is justly indebted and for value received
hereby promises to pay to bearer on bhe first day of September, 19__, the principal
amount of
FIVB THouSAND OOLLARS
together with interest theron at the rate of % per annum payable semiannually
on the first days of March and september of each year from date hereof upon present-
ation and surrender of the attached interest coupons as they severally become due, or
until such principal sum shall have been paid or duly provided for.
Both principal of and interest on this bond are payable in lawful money o~ !
the united states of Ameri.ca at the office of the treasurer of Jefferson County in port
TO\vnsend, \oJastd.ngton.
Jefter~on County has reserved the ribht to redeem any or all of the bonds of
this issue outstanding in whole, or in part in inverse numerical order, on any interest
payment date on after. ten years from date horeof., at par plus accrued interest to hte
date of redemption.
Notico o~ any such ~.nt'anded redomption shall be given by one publication .
thereof in the official county newspaper not morc thsn forty nor 1es8 than thirty days,
prior to s~id redemption date, and by mailing n like notice at the same time to
I
I
.
This bond is one of an iaaua of g0nal'al obligation bonda ot like amount, I:
ch\te and tenor except as to nl\mbe:c, intGtr.09t rate and dAte of ma*urity, in the aggregate
pdndpal amonnt of $150,000, and in haued to provid'll part olf tho .tunds to acquire, I!
oonstruct and irllstall certain cap~.il:1l1 improvement,s to the oxiDting county courthouso i!
And, to constr.uct and equ~.p a new oounty building, under and in strict compliance with i:
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