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4fi 574 <br /> a December 6,1981 <br /> President Baker asked ice m h the Council <br /> i$,�. committee with this form ti prior with <br /> e full council. <br /> BrnxMclMe AGREEMENT 1 PCB 8112-514) <br /> Mr.Jones said an agreement was before the council for setting the 1 <br /> financing plan and interest rates on the ha <br /> ltration plant. He <br /> he i <br /> ncial consultant,Dick Kennedy of <br /> a Seae ttlNorthwestIn checking nterest rates 55 <br /> Corp.,en working with the $1 regarding1 11 d they <br /> found they would have to pay interest at <br /> 08. They felt this was too <br /> Sater ordero float <br /> this ,thedecision ee wr thte ssu <br /> h <br /> and the <br /> Thh and the city would have to erefore, <br /> st issue would be 58,570,000 bond issue running to the y <br /> ear <br /> h002 id430t000rwo laate fbe3 8 Interest. Short-term revenue bonds in the amount f <br /> payable h g <br /> de itSi <br /> #H the short-been term <br /> nough bonds <br /> to pay or them. Hopefully,interest rates <br /> wllido y 74igO <br /> nterest. is <br /> 9 <br /> 4,,, Councilman Aldcroft questioned whether in the long run it <br /> n Kennedy might <br /> 5ti the water rates would h increased. <br /> sddb considerable. also, <br /> `F res u b pointed <br /> Bill ushmann,Finance Director,also pointed out that the 552rea and.40 had <br /> been committed to the other contract dhave to gin a9 Pah these ole in the ther cit felt <br /> Sand water <br /> users r£the rate was bl <br /> gnIrdtrebbidsaaarn N cze is ase the of thefiltration <br /> 1 plant considerably. <br /> econded by <br /> • <br /> 11 <br /> Moved <br /> CorpMayor to oration <br /> wo the parch se contracts ith Seattle Northwest <br /> Councilman S bonds 1 authorize <br /> n� <br /> $7,430,000 <br /> ated nano ry al amount n <br /> t' Bell e ea with all me <br /> t<nn<iln voting y <br /> 8. Motion carried. <br /> FILTRATION DS RECEN (CB 8112-515) <br /> 'at <br /> w ca 1 N litres at bake P ee hide e <br /> OMPANY AMOUNT <br /> .8 Venture Construction co Auburn <br /> $ <br /> Brinderson 28845 tionCalifornia ia 4,9 , <br /> Homer OlsenCalifornia25,179740 <br /> Corp.,Inc.,tland 25,720,614 <br /> Seattle "29, <br /> yConstructors <br /> S.J.Groves c son44.' ,Redmond 125 <br /> 28,096,974 <br /> f' <br /> Ii <br />��i <br />