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1974/09/25 Council Minutes
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1974/09/25 Council Minutes
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Council Minutes
Date
9/25/1974
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i(< 3l3 September zs,lgzn <br /> p114�' called with all councilmen voting Y . <br /> YI4 Holl was notion Carried <br /> ilk I <br /> RES0 <br /> JR LO ci950n d by c Gilman Rucker to adopt <br /> 7{` Resclutiono L oun <br /> the a ae ofiWaehingtoniv <br /> Sf IE .( and a body polatrc and co ( th sttand <br /> 0' Whereas the Cit is authorized by t. Laws <br /> gift vngtoe, <br /> 1i 1973 <br /> ase,tlfacilities to be used for by construction,purpose of aha llito <br /> as <br /> the leas dsarsale be pollution <br /> from the revenues <br /> in nues derived Hams, <br /> y issue <br /> revenue pbol def M1 f cquininc a d f <br /> the l asing a leb payable rt said facilities;ities;a a en <br /> t ins t o£pollution deriving <br /> f <br /> from, <br /> among Y has a and cmanufacturing <br /> 6 facilities Bother necessary determined <br /> protecting n athe metiseate <br /> thehealthan welfareoftheinhabitantsIt is£ hie public interest <br /> oi thatat a City.ta ke such aaccordingly,avawfullynmay tae a effectuate <br /> the foregoing purpose;and a advised the citn <br /> ,�t. whereas 5 Paper Company lthe comaany"Ifoas advised <br /> t n <br /> that r t sideration a r gram a ilio nd <br /> von of new hoggedd boiler(the ...i.ity tW bei <br /> boiler)13 11 <br /> d at thea used to <br /> pule and caper m wastes generated <br /> e by mill and which will incorporate certain ertain dpollution <br /> ntrol <br /> e uipment,and ea the m' <br /> Y Whereas the Company <br /> issueuits revenue vebonds City <br /> that Act to fens <br /> f fi the City to <br /> ng a leasehold interest n the Prole <br /> fl I�a�l (thee Companiarna enter into adsublease rcvid,.for Waiienta avf- <br /> hs <br /> tttltt dbonds a e interest thereon) <br /> L4" inducement <br /> tot said Company <br /> to <br /> proceed with <br /> i! ren and const e instal- <br /> III <br /> y and the <br /> jk; vine illingY de h sums necen he cry In be ea <br /> of t P <br /> g to advance the <br /> i� st <br /> Company 1 arrangements r financing byat <br /> 1 ac- <br /> i` J Now,comptherefn e <br /> '' e 1 resolved as follows: <br /> hat the <br /> Section 1.T hereby finds anddetermines t <br /> issuaice of i bonds under the <br /> finance <br /> hcost t <br /> acquiringof leasehold h1Otwill <br /> bein <br /> )1 l furtherance of the pub purposes set forth inthe <br /> Section in. ao <br /> i acquisition, <br /> ,construction,installation ndequipment <br /> othetile <br /> the <br /> Projecohe Cyheacquiring <br /> inatill ft <br /> enuebndsin an aggregate principal amou 1 up to 513,50,000 <br /> e cost <br /> � f finance eacquiringa leasehold interest v50 <br /> Projectthe leasehold in to be acquired eent <br /> to to an <br /> ,t1;1� , <br />
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