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1983/05/04 Council Minutes
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1983/05/04 Council Minutes
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Council Minutes
Date
5/4/1983
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COUNCIL BILL N0.834-53 y 1,1983 <br /> READING: <br /> AN ORDINANCE o£the City of Everett,Washington, <br /> authorizing the issuance an saleofd <br /> xefuMingdbonds in the principal <br /> rot$15,655,000 Fox the p Cpoae of pcon- <br /> structing <br /> oviding <br /> partnot he£funds required acquiring, <br /> structi gots to installing certain additions and <br /> improverefunding the Waterse system oer Rf the Citevenue n andfor I. <br /> rim <br /> ,,„ <br /> Financin 1982ofnthe eCity,providingethe ,, <br /> �': <br /> terms Bends,and conditions wrier whichsuch <br /> 175 .7andaaandvfuture parity bendc shall. issued; <br /> and approving the sale of such bonds. <br /> Bruce City Attorney,explained there were some amendments <br /> the proposed ordinance that were primarily technical and also y <br /> to ecare of the$1.5 million dollars in ones that will be }, <br /> bought back by the City. The bond issue has been changed through- g1: <br /> L from$17,100,000 to$15,639,000 and the comber of bonds to be <br /> from has been changed fm 20 to 2231. He a o distributed f / <br /> Page 8,schedule of interest. a asked that b.' <br /> Council adoptetheeordinance with these amendments,M <br /> Fovea by Councilman Oveatreet,se ended by Councilman Ste"""n, <br /> to approve the amendments evd revised page 8 as presentee. <br /> Roll was called with all Councilmen voting yea. <br /> Motion Carried ,,. <br /> Moves by Councilman Overstreet,seconded b Councilman Stephenson, 4" <br /> Nat this is declared to be the final reading ofCi <br /> uncil Bill <br /> N.834-53 and the City Clerk i ted to callroll llfor the <br /> final disposition of the ordinance, amended. <br /> Roll Call: Ayes: OC paansone imgas,Nicpseison,Aldcroft, <br /> Nava: Non <br /> •Ordinance No.941-83 Adopted <br /> <bi <br /> Moved by ize the <br /> Michelson,seconded by Councilman A poor, • <br /> uis bond t Mayor to sign an officio statement in support <br /> ii, <br /> rf Mia bona issue. � f <br /> Roll was called win all Councilmen voting yes. <br /> Motion Carried <br /> i <br />
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