1983/03/30 Council Minutes - Laserfiche WebLink

........ . . . ........ .......... .. 120 March 30,1983 "Development Corporation")a a public corporation of the State of ingtn pursuant co the provisions of Chapter 300,L Washington 1981(Reg.8 s.)codified as Chapter 39.84 aROW(the "Act") ve of gto ss c orae revenue bondsfora purpose of financing theuc of gmlifiednv al development ac limes t sof the Acand t; Corporation,by R 2(the "Bend Resolution")v)0adopted o March 30,1983 h red the issuance and aale of a ,41,000,00014 Industrial Revenue dt(Weyerhaeuser tC any ce),S e 3.983,t he initiallyissuedingleofullyuregistered Bo d(the"Series 1983 Bond")and byuthe0Bond tResolution has uthorizedna Loan Agreement dated as of arch 1,1983 with Weyerhaeuser C y(the"Cempe."1 e Bond Purchase Agreement,i 9 be dated March 31,1 sell to 11 the Series 1983 Bond to Peoples National h Bank of Washington;and ( WHEREAS,the Act r uv hegoverning body o£ creating acing t municipality approvethe resolution of the Development Corporation authorizing the issuance of bonds approved by the Development ( Corporation;and public hearing on the issuance o the Series 1983 Bond as been held by the City Council pursuant t published notice, l ^ B WHEREAS,[ CitntCouncil has heard testimony Snd reviewed the Bond Resolution and by adoption o resolution,to (y4 approve the a and its agreement o thesSeries 1983 Bond upon the terms forth therein andintheivar..agreements approved ¢,44' therein in accordance with the to 4E30000 EE T RESOLVED by the City Council of the City I, of Bvere ,ae tollowa, Section 1. The of the Series 1983 e and the Bond so1T and the agreemen s ethe Series 1983 Bod therein expressed x approved, o n the amount and or the purpose therein described and r in the preamble of this are ;....P8 resolution;he i tho on W ed in aaccordance with ROW 39.04.100,a copy o£which Bend Se on fileamongthe records of this meeting. Section 2. T tion s take effect immediately from and aTadophi Arad approval asivided herein. B by the City Council of the C y of Everettthis 30th day of March, 1983,and d authenticated in open sessiony he signatures of the mbersuvoting ifavor thereof. {1. X41 Roll was called with all Councilmen voting yea. Motion Carried F BID CALL REPORT Y Councilman Stephenson reported that after several meeting of the Budget Committee v ended t theebids forethe•8ewex Utility building bere-advertised. said they a requesting the Administration o prepardetailed a etfons 0. is required saida design construct- " o strut- typeaEid,awhich �theBCityof Everett and the Committee felt tt should be examination o this type of bid prior t actually F_. proceeding with it. y felt for public ds a thistimeit woo be I,