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2001/12/12 Council Minutes
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2001/12/12 Council Minutes
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Council Minutes
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12/12/2001
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December 12,2001 <br /> COUNCIL BILL NO.01-11-56 <br /> THIRD AND FINAL READING: <br /> AN ORDINANCE of the City of Everett,Washington,providing for <br /> the issuance and sale of limited tax general obligation notes of the <br /> City in the aggregate principal amount of$5,000,000 for the purpose <br /> of mtabhshing a revolving Rue of credit to provide funds to pay the <br /> capital and operating expenses of the City from time to Ruse pending <br /> rapt of revenues or the proceeds of other obligations and to pay <br /> the cost of issuing such nota;providing the date,form,and <br /> repayment terms of the nota;providing for the annual levy of taxa <br /> to pay the prtncipol of and interest on the notes;and authorizing the <br /> sale of the nates. <br /> Moved by Councilmember Pope,seconded by Councilmember Simpson that thA <br /> is declared to be the third and final reading of Council Bill No.01-11-56 and the <br /> City Clerk is directed to call the ro11 for the final disposition of the ordinance. <br /> AYES:Anderson,Simpson,Warnock,Gipson,Campbell,Pope, <br /> Overstreet <br /> NAYS:None <br /> Ordinance No.2562-01 adopted. <br /> COUNCIL BILL NO.01-11-5I <br /> THIRD AND FINAL READING: <br /> AN ORDINANCE approving the appropriations of the 2001 revised <br /> City of Everett budget and amending Ordinance No.2527-01. <br /> Moved by Councilmember Pope,seconded by Councilmember Anderson that <br /> this is declared to be the third and final reading of Council Bill No.01-11-57 <br /> and the City Clerk is directed to call the roll for the final disposition of the <br /> ordinance. <br />
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