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2001/11/14 Council Minutes
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2001/11/14 Council Minutes
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Council Minutes
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11/14/2001
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November ta,2001 <br /> COUNCIL BILL NO.01-11-49 <br /> FIRST READING: <br /> AN ORDINANCE amending the Zoning Code Regulations for mini- <br /> ums,and amending Ordinance No.1671-89,as amended(EMC <br /> 19.04.020 and Chapter 19.05 EMC). <br /> COUNCIL BILL NO.01-11-50 <br /> FIRST READING: <br /> AN ORDINANCE of the City of Everett,Washington,providing for the <br /> issuance and sale of variable rate demand limited tax general obligation <br /> bonds of the City is the principal amount of$13,000,000 for capital <br /> purposes and to pay the costs of issuing such bonds;providing the date, <br /> form,and repayment terms of the bonds;providing for the annual levy <br /> of taxes to pay the principal of and interest on the bonds;and authorizing <br /> a reimbursement agreement with Bank of America,N.A.to provide <br /> credit enhancement for the bonds;providing for the idle of the bonds to <br /> Banc of America Securities LLC;and approving a bona purchase <br /> contract and a remarketing agreunent with Banc of America Securities <br /> LLC. <br /> EXECUTIVE SESSION <br /> The meeting recessed for an executive session,reconvened and adjourned at <br /> 10:55 a.m. ./ <br /> CITC,. <br /> �Cityy Clerk <br /> Read and approved as printed. laewWP <br /> Freaiaent <br /> 505 <br />
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