1980/07/23 Council Minutes - Laserfiche WebLink

333 July 23,1980 Mayor Moore stated he has asked his Administrative Assistant to research • whether oral,the City of Everett is receiving more than its share of • this type of facility in the County. moved by councilman Pope,seconded by Councilman Langus,to table the request for this Special Property Use PerMit until a list is available showing different facilities and locations in the City of Everett. ZIIIPLI:oZtket'8183=7;In71:f:fr:nt=:s=oZT_Bgat"u"'1- Motion Failed Roll was called on the motion to grant Ne Special Property Use Permit to Thirty Four Oakes Fellowship with all COuncilMen voting Yes,ekee17t Councilmen Pope and Lang)),who voted no. Motion Carried RESOLUTION-(CB 807-315) Moved by Councilman Gipson,seconded by Councilman Pope,to adopt Reso- lution No.1821 as follows: •fno2rZTIMI:1=:2q=i2gtZe:==e4atTWO'ash. TY-2,17:Mtnnl-r"e- .EREAS.Each Fund required by State law to remain financially solvent,it becomes necessary to borrow cash from other solvent Funds, or issue interest bearing warrants,in order to comply with the intent .• of the law, • app=AL Tlan7 2::1%c=r=t-' NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Everett,that authorization is given to the City Treasurer to issue interest bearing warrants,for the following Funds under the following terms and conditions: Loan From: Frontier Bank 0 300,000.00 maximum Olympic Bank 1,140,000.00 maxim), Period of Loan: July 23,1080 thru December 31,1980 Rate of Interest: Frontier Bank 6.480 Olympic Bank 6.568 Source,Repayment:Property Tax and Half Cent Sales TaX Loans to.8 Amount: General Fund g 400,000 • Parks 8 Recreation 265,000 Library 200,000 •• Street 230,000 Park Constrvotion 175,000 gverpark Garage 25,000 • Police Pension 145,800 TOTAL 0 1,447. 00 Roll was callwd with all Councilmen voting yes,except Councilmen Baker and Aldcroft,who abstained from voting. Motion Carried d--