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HomeMy WebLinkAboutRes 0022 - Renew Loan for Warren Avenue Street ImprovementsResolution No 22 A RESOLUTION REGARDING THE RENEWAL OP A LOAN OF ONE THOUSAND DOLLARS FROM R. E. IVES. WHEREAS, Heretofore and on the /AO` day of July, 1921, the Town of Tukwila, by its properly accredited Officers, borrowed from Mr. R. E. Ives, of Tukwila, Washington, the sum of One Thousand Dollars ($1,000.00), for the term of one year, paying therefor,. as interest on said amount, L per annum until paid; and, WHEREAS, On account of necessary improvements within the said Town of Tukwila, notably the Improvement by grading and filling of Wrarren Avenue in said Town, it is deemed advisa- ble and good business policy by the Town Council that this loan of One Thousand Dollars be renewed for the term of one year, ending July /41' 1923. NOW TIiEREl +ORE, BE IT RESOLVED BY THE TOWN COUNCIL OF TUTRIIJA, That the Mayor and Treasurer of the Town of Tukwila be, and they are, hereby authorized and e mpowered by this Council, in regular session assembled, to renew. the said loan of One Thousand Dollars (y1,000.00) from the said R. E. Ives, for the term of one (1) year, ending July /,ate, 1923. Unanimously adopted by the Town Council and signed by me in authentication of its adoption, this the 29:th day of Juner, A. D. 1922.