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DocuSign Envelope ID: D5E3980C-CF9F-484A-AlEA-614A5E6DCDDE <br /> CITY OF ANACORTES,WASHINGTON <br /> ORDINANCE NO. 3075 <br /> AN ORDINANCE relating to the combined utility system of the City; <br /> providing for the issuance of not to exceed$48,100,000 principal amount utility system <br /> improvement and refunding revenue bonds,in one or more series,to provide the funds <br /> (i)to pay or reimburse a portion of the costs of carrying out certain improvements to <br /> the water system and sewer system ("Plan of Additions"); (ii)to carry out a refunding <br /> of all or a portion of the City's outstanding Utility System Improvement Revenue <br /> Bonds, Series 2010(Build America Bonds—Direct Payment), and(iii)to pay the costs <br /> of issuance of the Bonds and the administrative costs of carrying out the refunding; <br /> appointing the City's designated representative to approve the Bond Sale Terms and <br /> establishing parameters for certain of those Bond Sale Terms; authorizing the sale in a <br /> manner to be selected by the City's designated representative; and providing for other <br /> related matters. <br /> Passed September 14, 2020 <br /> This document prepared by <br /> STRADLING YOCCA CARLSON &RAUTH, a Professional Corporation <br /> Seattle,Washington <br /> www.sycr.com 1206.829.3000 <br /> 1 <br />