Laserfiche WebLink
• 0 <br /> ORDINANCE NO. ,..5-94 -/79' <br /> AN ORDINANCE amending Ordinance 436-77, <br /> Central Business District Construction <br /> Phase III, Fund 312, by adding Section 8 <br /> authorizing the City Treasurer to issue <br /> interest bearing construction warrants . <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: That Ordinance 436-77 is hereby amended by <br /> adding Section 8 as follows : <br /> Section 8: The City Treasurer of the City <br /> of Everett is hereby authorized to negotiate <br /> a reasonable rate of interest and issue <br /> interest bearing warrants to satisfy interim <br /> construction costs not to exceed $575 , 000 . 00 . <br /> These interest bearing warrants shall be redeemed <br /> by the Treasurer as soon as reimbursement or <br /> long term bond financing monies, as described <br /> elsewhere in this Ordinance, are received. <br /> CITY OF EVERETT <br /> /� <br /> r <br /> Mayor <br /> ATTEST: ( '''_..� <br /> City Clerk <br /> PASSED: aS /97f <br /> VALID: ���iajt-/ 0 / F / <br /> PUBLISHED: 77 ' 3 � 979 <br />