Laserfiche WebLink
Fr In <br /> t: ,f Ill <br />'.: 4 March 30,1983 <br /> I ' <br />. , <br /> 'aTIlrolr'ileeMeN17:: CjoTgtr:gt;e:::::TBdseelitiaj 8:T4g.11.71L:7!j7"nj" <br /> Roll was called wiN all Councilmen voting yes. . <br /> Motion Carried <br /> k-! <br /> LRESOLUTION <br /> i,' j Moved by Councilman Langus seconded by Councilman Overstreet,to adopt <br /> ResolutiOn No.2254 as follows: <br /> jjj jj A RESOLUTION authorizing the City Treasurer to make <br /> interfund loam:fr.interim financing for Local Im- , <br /> provement District projects. <br /> WHEREAS,construction costs incurred on Local Improvement District <br /> MID)projects must be financed on an interim basis until bond proceeds <br /> or other monies are received,and <br /> th7 fIrEU„droftlffntr%tha:iCsi,tVanr"""”"ai"b""""" <br />, . WHEREAS,it is required of the City Treasurer to obtain City Council <br />, , approval to make interfund loans, <br /> 1 'H' NOW,THEREFORE,BE IT RESOLVED by the City Council of Everett that <br /> authorization is given to the City Treasurer to make interfund loans for <br />,Oj ,j4'j the following LID's under the terms and conditions as stated: <br /> .1 ', ' Loans From: City Sewer or Water Funds <br /> Loan.To and Amount: LID 705 0 40,000 <br /> LID 709 400,000 <br /> j.'," . The amounts shown are accumulative <br />-j ji:.,1,j8j j totalu by LID. <br /> jtj j'j:j.)11jj' Period of Roane: To be repaid when bonds are sold or <br /> other monies are received by the <br /> .:rT j8 Rate of Interest: 8.58 <br /> j',!8li j j Source of RepuYmenN Proceeds of bond sales or from any <br /> other monies received in the LID's. <br /> b' Roll was called with all Councilmen voting yes. <br /> Motion Carried <br /> 'Itj j j COUNCIL BILL NO.833-45 <br /> ,, ,. FIN.READING: <br /> i '' AN ORDINANCE creating a special construction fund <br /> entitled 8Design and Construction of Merrill-Ring <br /> I Greek Regional Detention Facility Fund No.3909 <br /> and authorizing the design and construction of the <br /> regional detention facilitY• <br /> 1 ' <br />