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1978/12/27 Council Minutes
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1978/12/27 Council Minutes
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10/16/2020 9:54:07 AM
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Council Minutes
Date
12/27/1978
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53S <br /> 'December 27,1978 <br /> Whereas,it is required of the City Treasurer to obtain City Council approv- <br /> al <br /> uGil of�eo i uEver <br /> or issue registered interest erns and bearing <br /> iwarrants <br /> •fortthe following funds <br /> under the fol �I <br /> Loan <br /> oOlympik <br /> c Sa f, <br /> Period occmber31,1978 through June 30,1979 <br /> Gate of interest: 6.05% <br /> General Fund <br /> Amount authorized: <br /> Source of repayment. Property Tax <br /> 2 and Recreation Fund <br /> Arount authorized: Parks <br /> Source of repayment: Property Tax <br /> 3. Library <br /> 0Fund <br /> Amount authorized: ,00 <br /> Source of repayment: Property Tax <br /> 4 Sret,000 nd <br /> Amount authorized: $165 <br /> Source of repayment: Property Tax <br /> 5. Loan to: Police enion Fund <br /> Amount authorized: $170,000 <br /> Source of repayment: PropernY Tax <br /> 6 Park Construction Fund <br /> Amount authorized: $230,000 <br /> Source of repayment: Property Tax scheduled 5 year redemption <br /> 7. Transit <br /> Amount authorized: 00 <br /> Source of repayment: Grant Revenue and sales Tax <br /> Roll was called with all councilmen voting yes except Councilman Baker who <br /> Motion Carried <br /> RESOLUTION(CB7812-4791 i <br /> Dennis <br /> erickson from t Department spoke of the req t to ex- <br /> pandthe boundaries for the CHIPprogam <br /> Moved by Councilman Aldcroft,seconded by Couneilman Baker to adept Reso- <br /> lution No.1570 as follows <br /> on to expand the boundaries for the Community Housing Improvement - <br /> Program 0 <br /> Wher in p mber,y <br /> ing I rovament Pregra was implements by City <br /> Ceunevl1976,and <br /> s program hascfully p me rehabilitation loans 01 <br /> and services in three target n neighborhoods,and 0; <br /> Oi <br /> there i and for rehabilitation loans and services in other e] <br />
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