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, <br /> � ��� � <br /> , , <br /> � �` '• `l�r • <br /> . �.\ � . r.. �' <br /> (\, , n. '� ' � .. _., <br /> ..,,_ <br /> ,� � j�/ 6cf1cF2ALTEL.EPFii2�l'c CCG::F: i � f.i= 1� I:GI� �t:w <br /> J ���. <br /> IGOU 41t1 SIH[.CT.P O 1Uk 1G. . ! A � I 1 . ' ,':'!� �� �. .: �� <br /> h;arch 2II , 1979 `" � �� <br /> L �i J' <br /> G�� " ��d O� <br /> c='' b d <br /> The Ilonorable �9illiam I?. f400re <br /> �� �/� � <br /> Mayor of the City of Everett � ��, !�" ?�� <br /> City Hall <br /> iiverett, WA 9II201 ,� ; / .� <br /> Dear Mayor Moore: � <br /> Re : Casino Road Property <br /> Everett City Ordinance 556-7fl <br /> Please be adt�ised that the General Telephone Compzny of lhe <br /> Northwest, Inc. respectfull}• requests a short extension of <br /> time within which to comply with the requirements of Pveret:t <br /> City Ordinanae 556-76. The telephone company wi].l. procidc <br /> the essential docwneni:s required in said ordinance; however, <br /> to deed proper.ty to the city will require action by our Board <br /> of Directors. Every piece of properLy is subject to our indrn- <br /> ture requirements as security for our bondholders. We mus� <br /> ' obtain a release from the indentur.e which requires action by <br /> the Bank of America, San Francisco, Califor.nia. 1 <br /> The next regularly scheduled me�ting for the Doard is on <br /> May 24 , 1979, when we will present this matter to them. I <br /> can personally give you every reasonaUle assurance that they <br /> will concur in the necessary action; however, I must makc ii <br /> cicar that I do not speak for that independent Uody . <br /> As proof of our 9ood faith, enclosed herewith is our check to <br /> be dePosited into escrow in the sum of $218, 625 pursuant to <br /> the ordinance requirements. There are no "strinqs" attached <br /> to said check, save for the eventuality that the ordinance i� <br /> considered unconstiLutional by our couris. <br /> The telephone coinPany would aqain appreciate the City of <br /> F.verett' s indulgence ::o that Che consiructi.on F�rojecC mriy <br /> continue. <br /> Sincercly , <br /> � �r— <br /> J. R. Olson <br /> Vi ;e Pr.esident-Net�aor}: <br /> Bn3ineering and Constructi-on <br /> I:ncl. <br /> cc : t�fr. i3ridi:ord Critile <br /> n r.�,� �i c�����-.r i,,,.,��,����,.r, r�.�i�,,,�.,. <br /> An 1 Gu.�� ol'.� �il��r�n� !�.��J..i�� <br />