Laserfiche WebLink
215 0 <br /> .Tune 8,1983 <br /> WHEREASproviding fundshin¢theett amounty f0uncil$48,000 to acknowledges <br /> the develo0pment <br /> of fie <br /> the ballfield project with overhead lighting;and <br /> 1 the¢ 0acknowledges the nforeed <br /> funds in the amount £$18,500 forunderground utility <br /> services,a thatCommunity should participate i the <br /> cost of services by contributing a prorated <br /> shaeo£ e <br /> fox <br /> providing funds <br /> the Everett <br /> thenamountyCouncil of$20,000 for the9co the financing <br /> interest during and following construction <br /> of this project; <br /> WHEREAS,Ne Eve n <br /> tt City Cocilhas been pre,ntedwithd <br /> estimated coats to be incurred in the amount of$350,000 for ball- <br /> field development,648,000 for lighting,543,500 f unfor <br /> utility <br /> e <br /> e and$20.000 fox interest expense,fora total <br /> ennunt of$461,,500. <br /> VED by Ne Cit Cowell 00 oe City. <br /> of Everett,tbatCthe actittE taken by th CityyCouncil ar . <br /> Authorizing1. $60,000 originallyappropriated in Ne <br /> Auth <br /> udget Howarth Park rehabilitation to be <br /> transEerred to the Roach Memorial Park Construction <br /> Fund for ballfield development. <br /> 2. Authorize$140,000 frau n intorfund loan,the <br /> proceeds of such loan to betransferred to the Easch <br /> emorial Park Construction Fund for ballfield <br /> development. <br /> 3. Authorise$48,000 from an lnterfnd loan,the proceeds <br /> of such loan to be transferred to the Dosch memorial <br /> Park Construction Fund for overhead lights. <br /> 4. 18,500 from n oM h <br /> s <br /> of ouch loano hetransferred to the Meech Memorial <br /> Park C a0Fund for City's share of cunderground utility services from Casino the <br /> Park site,and authorize the negotiate <br /> Community fxgns£t f the <br /> o such payment etnansfered to NeReh!Aomori.Pak Construction <br /> Transit's <br /> share ofthe underground y eervacee <br /> from Casino Road to the Park site. <br /> �f. <br /> 5. Authorize reimbursement i 984 budget o th <br /> interfund loans of$140,000$48,000 and 018£500,in <br /> the total principal amount of$206,500,along with . <br /> an nal$20,000 ina <br /> interest charges,for <br /> total of 0226,500. <br /> C. <br /> nowledge t tai obAigatfon of the City in <br /> ntstof 1 khxough 5 shall De,but not exceed, <br /> $286r500ir® <br /> i. Regard this resolution a application <br /> to the Interagency Committee for Outdoor 6ecxeatvon. <br />