1992/12/16 Council Minutes - Laserfiche WebLink

469 December 16,1992 WHEREAS, the City intends to ultimately finance the predesign, design and construction of the Animal Shelter and Fire Station No.7 through the issuance f general obligation bonds sometime in 1993, and the Cityintends and has previously planned to Animal iwburse expenditures towards the helter and Fire Station No.7 through the issuance of such bonds; NOW, THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVERETi,WASHINGTON: Section 1. The City r nably expects to reimburse the Animal Shelter and Fire Station No. 7 xexpenditures described herein with the proceeds of general obligation bonds (the "Bonds") to be issued by the City. The maximum principal amount of general obligation bonds expected to beissued towards the Animal Shelter and Fire Station No.7 is 81,425,000. Section 2. The expenditures with respect to Which the Issuer reasonably expects to be reimbursed from the proceeds of the Bonds are for the Animal Shelter and Fire Station No.7. Section 3. This declaration of official intention is made pursuant to Section 1.103-1B of the Income Tax Regulations promulgated by the United States Department of Treasury. Section 4. All past acts in furtherance of the intedt of this \--) resolution are hereby ratified and confirmed. Section 5 This resolution shall be in Pull force and effect from and after its adoption. Roll was called with all councilmen voting yes except Councilman Diamond who was absent from the chambers. Motion carried. • RESOLUTION-SOLE SOURCE PURCHASE Moved By Councilman Moser, seconded Or Councilman Campbell to adopt Resolution No. 3707 authorizing the sole source purchase of two traffic signal poles from Ameion,Inc.as follows: WHEREAS, the Clty has adopted exposed aggregate cp Crete signal pales as the standard signal pale Por high volume 10cations;and /\ 1.P