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--- 1' <br /> 515 <br /> December 29,1982 <br /> Roll was called with all Councilmen voting yes. : <br />- Motion Carried . <br /> CHANGE ORDER(CS 8212-542) <br /> Moved by Councilman Michelson,seconded by Councilman Langus to approve <br /> nee Change Order No 2 to the water main replacement Project 3115-Pbase.,by <br /> 11 L Alia Inc 10518 amount of 410,181 plus sales tax. <br /> Roll was called with all Councilmen voting Ye.. <br /> Motion Carried 1 <br /> RESOLUTION(CB 8212-543) <br /> tv,:lut1 <br /> 00 <br /> o2 <br /> 314 <br /> l::nrallurm,ft,seconded by Councilman Overstreet to adopt <br /> tntererIrnen:Itr'fOV.2c1rIMtl:Me:ZsIsst7mZsP:o:Zss""'"a's"s i <br /> WHEREAS,construction costs incurred on Local Improvement District(LID) <br /> ,:rLil7=mealn be financed on an interim:basis until bond proceeds are <br /> al ;LT:Tndsctr:Inif(Tellm'Ita2:,C121 h'vs m'ns.1Y s'silsb"*'s"ss'ts t's <br />.74 <br />.01 <br />.54 :::11=i.tt,is:entre:I:1 1.1,:,:mT:ty Treasurer to obtain City Council <br />.67 <br />.00 i <br />.00 NOW,THEREFORE,HE.RESOLVED by the City Council of Everett that <br />.80 authorization is given to the City Treasurer to make interfund loans for <br />.47 the following LIDs under the terms and conditions as stated: <br />.47 <br />.60 Loans ETOM: 111',frLI:Can411211r1'e'er"'""" <br />.96 <br />.45 <br /> Loans To and Amount: LID 702 520,000 <br /> 1.00 LID 703 20,000 1 <br /> 1.50 LID 704 200,000 3 <br />,.50 LID 705 20,000 <br /> b37 LID 706 130,000 1 <br /> LID 708 40,000 <br /> 97 LID 709 208,000 <br /> 1.15 LID 710 116,000 1 <br /> 1.06 LID 711 380,000 <br /> The amounts shown are accumulative totals 1 <br /> 1.14 <br /> b55 bY LID. 1 <br /> 1.72 <br /> 3.79 Period of Loans: To be repaid when bonds are sold or other <br /> monies are received bY the kIDe. 1 <br /> 3.40 <br /> 1.15 Rate of Interest: 6.58 on loans from reserve funds. <br /> 9.58 on loans from guaranty fund. 1 <br /> 6.15 <br /> 1.00 Source of Repayment: Proceeds of bond sales or from any other <br /> monies received in the LIDs. <br /> 1 <br />- ------------ <br />