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41. <br /> 153 <br /> AUGUST 5,1970 <br /> The regular meeting of the Everett City Council <br /> was held at <br /> 10:00 a.m.Auroll call it <br /> was <br /> found thatust all Counnciilmen we present exceptPresident VognildiCounci mannm ore 6 Councilman <br /> DobMoved by councilman Langus,seconded by <br /> to approve the minutes p meet ci0G. Gebert <br /> Unanimously Carried <br /> 3ruee IOnee,CitY Attorney,requested the City Council to <br /> thorize <br /> adoption of a <br /> RESOLUTION aggreeio nstruction ween the cit the Everette unending <br /> abond for n9 gd <br /> regga ing <br /> parking <br /> to e n number25 law Gilman Callaghan <br /> ,the <br /> CWashington, <br /> w ns has h <br /> tofor <br /> e <br /> approved an d a LoanAgreement <br /> in the an <br /> Offer August <br /> 1966,ann.,Acceptance dated <br /> September <br /> 6znmended by Ame Amendment dated mer 1,1966,Amednt No.2 dated January 6, 7 <br /> and 3 dated May 19,196),-with the <br /> United <br /> States o etimby-md-:tfrough.,the Department <br /> of Housing <br /> ban Development,thto provide <br /> x thep <br /> the a Borrower <br /> amount of$250,000 <br /> of <br /> Series A,and Series <br /> of <br /> in m aggregate per61 principal amount(6)4pnum00, <br /> annum rug nsone-half . ntum.(4 1/2%) <br /> respectively: <br /> fourand <br /> WHEREAS,the United of America,acting by and <br /> through <br /> Department faSous.,and mrb errant, <br /> has Agreementforthe purpose <br /> of additional bonds at financing <br /> of the'revised Project, <br /> wHEREAS,said Amendatory Loan Agreement h. n duly <br /> read in open meeting,fully considered in accordance <br /> with all pertinent <br /> aunts,and made a part rules <br /> of the records of the City of <br /> Washington:deemed • <br /> a ub <br /> n the interest <br /> that said tory Loan Agreemente approved and its <br /> execution zed: <br /> solved by the City ofEE .that said Amendatory a end <br /> the e hereby i approved without reservationor <br /> qualification. <br /> BE IT o .t.*tsn <br /> ofeE eR RESOLVED THAT R.C. �ishhon., f .s R <br /> authorized to execute said edA <br /> greement, <br /> and Elaine m Clerk of y. h <br /> e .. <br /> yis hereby authorised to attest the execution of said <br /> Amendatory L Agreement. <br /> nnani <br /> .20A <br /> moue tried <br />