HomeMy WebLinkAboutRes 0422 - LID #20 (Local Improvement District) - Interim Financing
WASHINGTON
RESOLUTION NO. 422
RESOLUTION DESIGNATING A LENDING
INSTITUTION FOR INTERIM FINANCING ON
LID 20.
THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON,
RESOLVE AS FOLLOWS:
That Seattle First National Bank
be and it is hereby designated as the lending agency for interim
financing on the LID 20 project
from which the City shall be authorized to borrow for interim fin-
ancing the maximum sum of 353,000.00 at an interest rate
of 5.2 per annum.
PASSED BY THE CITY COUNCIL Of the City of Tukwila,
Washington, and approved by the Mayor at a regular meeting thereof
this 15th day of April, 1974.
Frank Todd Mayor
Shirlee Kinney City Clerk