HomeMy WebLinkAboutOrd 0531 - General Obligation (GO) Bonds for Public Park and Recreation Facilities �AJ�YlILA �S
Y06
CITY OF TUK
WASHINGTON
ORDINANCE NO. 531 AN ORDINANCE of the City of Tukwila authorizing
the execution of a contract with King County
providing for receipt and application of a portion
of the proceeds of certain general obligation
bonds of the county and designating the King
County Design Commission to serve as the design
commission of the city for projects acquired or
constructed with said proceeds.
WHEREAS, King County, Washington, has been authorized by the
voters of the County to issue its General Obligation Bonds in the
principal amount of not to exceed $118,000,000 in series from time to
time to provide funds to pay the cost of acquisition and development of
public park and recreation facilities in the county including facilities
within the city; and
ITt1EREAS, Resolution No. 34571. of the Board of County Commis-
sioners provides that certain park and recreation facilities shall be
acquired and /or developed by the several cities in the County and
requires that each such city first enter into an agreement with the
county that the proceeds shall be faithfinly applied to the purposes
authorized by such resolution; and
WHEREAS, it is in the best interests of the city and the
residents thereof and necessary for the public health, welfare and
safety that the city accomplish the park and recreation purposes set forth
in said resolution No. 34571 to be performed by the city and that the city
enter into such agreement and take such other action as may be necessary to
comply with the terms and conditions of such agreement;
NGd, Tlirm C E, BE IT ORDAINED by the City of Tukwila as follows:
Section 1. The city shall enter into an agreement with King County,
Exhibit A attached hereto and by this reference made a part hereof and the
Mayor and Clerk are authorized to execute said agreement for and on behalf
of the city.
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Section 2. The appropriate officers and agents of the city are
hereby authorized and directed to do all things necessary to accomplish the
development of the park and recreation facilities for which moneys shall
become availmble pursuant to the agreement authorized by this ordinance.
Section 3. The King County Design Commission is hereby authorized
to act for and on behalf of the city to recommend the selection of members
of the design team to be employed by the city for the planning and design
of any structures or surface development work to be accomplished by the
city with the funds provided from the sale of bonds issued pursuant to
Resolution No. 34371 of Zing County and to review the plans and specifications
for such structures or work. The project shall reimburse the county's
actual cost attributed to the project.
Section 4. This ordinance shall take effeet and be in force five
days from and after its passage and approval.
PASSED by the City Council of the City of Tukwila, Washington and
approved by its Mayor at a, regular meeting of said council held this AILY
day of 241 r t -e44,d e.-4.- 1968.
.2 1 Yki/v1___- 14 11 -1
Mayor
ATTEST:
City Clerk
APPROVED AS TO FORM:
City Attory
1IT L
AGREEMENT
In consideration of the mutual covenants herein, King County
(hereinafter called the "County") and the City of Tukwila, Washington
(hereinafter called the "City agree as follows:
1. The County shall deliver to the City in the ordinary course
of busbies* after receipt of the proceeds of each series of general
obligation bonds of the County contemplated to be issued pursuant to
Resolution No. 34571 of the County, the full aunt of Mash allocated to
the City out of such proceeds by said resolution.
2. The City shall hold said money in trust and shall faithfully
apply same to the purposes authorized in said Resolution No. 34571 in the
manner and subject to the conditions provided in said resolution; shall
operate and maintain all facilities acquired, constructed, developed or
improved with said money; shall defend and save the County harmless from
any claim of damage resulting from the acquisition, construction, developemnt,
improvement, operation, maintenance, repair, replacement or public use of
such facilities, and shall perform or comply with all conditions of said
Resolution No. 34571 contemplated by said resolution to be performed or
complied with by agencies to which the proceeds of bonds issued pursuant
to such resolution have been allocated and delivered.
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DATED this day of ,?7,t e L �r 't e -U f '1968.
:a� CITY OF TUKW'IIA WASHIPNGTON
Mayor
A yv;,:- ATTEST:
r M44-vp..,-• City gerk
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