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400 <br /> November 9,1983 <br /> COUNCIL BILL NO.8311-96 <br /> SECOND fi FINAL READING: <br /> AN ORDINANCE relating to Local Improvement District <br />, I <br /> No.005;fixing the amount,form,date,interest <br /> rates,maturities and demoninations of Local improve- <br /> 1 ment District No.705 Bonds;providing,or the <br /> delivery and sale thereof to Nm.P.Harper Son <br /> Company,a Division of Herne-,McLeen&COmPang,in <br /> Seattle,Washington;and fixing the interest rate on <br /> special assessment installments to be paid in Local <br /> improvement District No.705. <br /> Bruce Jones,City Attorney,explained the differences on the amended <br /> 2 pages of the proposed ordinance. He said page 2 now had the interest <br /> rates inserted into that column and page 6 shows the fixed Interest <br /> rate to be 10.958 per annum. <br /> Moved by Councilman Stephenson,seconded by Councilman Michelson, <br /> that the second reading of Council Bill No.8311-96 is hereby declared <br /> the third and final reading and the City Clerk is directed to call the <br /> roll for the final disposition of the ordinance,as amended. <br /> Rall Call: Ayes: Stephenson,Lenges,Gipson,Overstreet,Michelson, <br /> Pope <br /> Exc=d: :Tcl:roft <br /> Ordinance No.982-83 Adopted. <br /> ORDINANCE NO.8310-95 <br /> 0 secom,READING: <br /> AN ORDINANCE creating a special constfiNction fund <br /> entitled Misch Park Construction Fund No.342 and <br /> authorizing thevepm <br /> deloent of recreational <br /> facilities on a 60-acre tract of land acquired by <br /> the City of Everett from the General Service Adminis- <br /> tration,now generally known ae the Reach Memorial <br /> Park. <br /> PRESIDENT'S COMMENTS <br /> F.,1,:s!:::ta:o?,lett:til:cn:f,fia:Soriano and his Citizenship Class <br /> Councilman Langus wak excused at this time. <br /> The meeting then recessed and reconvened into 1984 Budget Workshop, <br /> Budget Chairman Stephenson presiding and all Councilmen in attendance <br /> except Councilmen Langus and Aldcroft,who were excused. <br />