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CilleA <br /> RESOLUTION NO. 4766 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br /> EVERETT, APPROVING RESOLUTION NO. 13 OF THE BOARD <br /> OF DIRECTORS OF THE INDUSTRIAL DEVELOPMENT <br /> CORPORATION OF THE CITY OF EVERETT ADOPTED ON <br /> MAY 26, 1999. <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 May 26, 1999, adopted <br /> Resolution No. 13 stating the intent of the Development Corporation to issue approximately <br /> $25,000,000 of Nonrecourse Revenue Bonds for the benefit of Kimberly-Clark Tissue Company; <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF EVERETT, as follows: <br /> Section 1. Resolution No. 13 of the Board of Directors of the Industrial Development <br /> Corporation of the City of Everett, a copy of which is attached hereto, identified as Exhibit A and <br /> incorporated in full by this reference, is hereby approved. <br /> Section 2. This resolution shall take effect imm-••. -2: • • after it. ado tion. <br /> Kil• <br /> „,„ <br /> _____ <br /> , __-- . ncilmember troducing Resolution <br /> PASSED AND APPROVED this 26th day of May, 1999. <br /> Council President <br /> P:\CMW\CMW3YU 99/05/18 <br />