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<br /> OCTOBER R5th,1931.
<br /> The Regular Administrative Heseion of the City Council we held on
<br /> October 26th,1931,10-30 4.11.,Sayer Martie in Chair,Comiseioners
<br /> Rasmussen and Reinerreen.prepent at roll call.
<br /> Mnutee of October 27th,1931 lead and approved au of record.
<br /> Moved by ReWertsen,eeconded by Rasmesen,that the,being the date
<br /> eet for the continual hearing on the proposed vacation if,portion of
<br /> Paine Street,from 40th Street south,and the C'by Council having con-
<br /> ...mod the matter.and having come to the uonclusion that mid propoued
<br /> vacation was not cwpatible with public interest,that the said petition
<br /> be rejected.
<br /> -- Carried unanimouely./
<br /> 'Pe
<br /> Loved by Reinertsen,seconded by Rahmesen,that the City Stem
<br /> Heating Co..be granted a permit to run a stew line on Wall Street
<br /> from We Bond Street Station.ender the terms of the franchise,and
<br /> according to plans now filed.
<br /> Carried unanWously./,'
<br /> -—
<br /> Moved Ty Reinert.,seconded by Rommel.,that bid of the Beall
<br /> Pipe a Tank Corporation.on 24 inch O.D.Welded pipe,at$2.42 per foot,
<br /> be acoepted.
<br /> --- Cam ed unanimously.0)
<br /> 1"1111
<br /> Roved by Itartin,eeconded by Rasmussen.that Resolution$3650 be
<br /> adopted as follows:
<br /> vRESCINTIOR Ho.9650.
<br /> MMUS,there ia on hand belengWg to Everett General Water Bond Sink,
<br /> lag Fund No.1,of the City of Merett.Special Water Revenue Bonde-of
<br /> Sultan River Water Bond lawe M.3,of the City of Everett,No.10,7 '
<br /> to 1056.incWeive,each of the par value of One Thou..(81,000.00)
<br /> Pillars,and each maturing on dentary 1,1945,said bombe bearing in-
<br /> terest at five per cent(550 per annum.and.
<br /> WILIREAS,it is yeomanry to convert said bonds into cash for the pur-
<br /> l..Of Ma.og a PoYment of$14,000.00 in prWcipal and$36,000.00 in
<br /> intereet to the State,of Washington upon We bonda out of Everett Gen-
<br /> eral'Voter Bond Plead No.2.of said city,wd,
<br /> WREN, is neweeary and expedient that said Special Water Revenue
<br /> 11.111 Ronde be sold wd converted into cash,wd,
<br /> WFBEPEAS,the Fir.Ration.dank of Everett hes offered and agreed to
<br /> buy said bonde,and
<br /> WHEREAS,it ie to the inter.t of the City of Everett that said bonds
<br /> be repurchased within six(6)monWs from date hereof for We benefit
<br /> of ite einking fund,now,tWrefore,
<br /> BE IT EISM,VED BY TBE CITY COUNCIL OF TEE CITY OF EVERETT:
<br /> That the City of Everett aell;for the sum of Thirty Theleond$50.000-00)
<br /> Dollars,without accrued interest, said Special Eater 11.9$21.Sonde of
<br /> Sultan River Tater Bond lesue No.3 ot the City of Were.,HO.1017 to 0,
<br /> 1056,inclusive,to the Fir.Nation.benk of Were., ard,
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