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E!/E/7ETT <br /> RESOLUTION NO. 4077 <br /> A Resolution of the City Council of the City of Everett approving Resolution No. 7 of the <br /> Board of Directors of the Industrial Development Corporation of the City of Everett <br /> adopted on February 1, 1995. <br /> WHEREAS, the Board of Directors of the Industrial Development Corporation of the <br /> City of Everett (the"Development Corporation") at a special meeting on February 1, <br /> 1995, adopted Resolution No. 7 stating the intent of the Development Corporation to <br /> issue approximately $6,000,000 of Nonrecourse Revenue Bonds for the benefit of <br /> American Profiles Company; <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF EVERETT as follows: <br /> Section 1. Resolution No. 7 of the Board of Directors of the Industrial Development <br /> Corporation of the City of Everett, a copy of which is attached hereto, <br /> identified as Exhibit A and incorporated in full by this reference, is hereby <br /> approved. <br /> Section 2. This resolution shall take effect immediately from and after its adoption. <br /> Councilmember Introducing Resolution <br /> PASSED AND APPROVED this 8th day of Februay:2995. <br /> Council President <br />