HomeMy WebLinkAboutRes 0197 - LID #15 (Local Improvement District) - Invest in Redemption of LID BondsCITY OF
Tukwila to invest certain monies.
WHEREAS, it has been deemed advisable to invest
$15,000,00 from the Water and Sewer Construction Fund, and
$7,500.00 from the Bond Reserve Fund, the above mentioned
monies to be invested in the redemption of City of Tukwila
L.I.D. 5 Bonds
That the City Tresurer be authorized and directed to transfer
the above mentioned funds as a loan,. and such loan to bear
interest at the rate of 3N, and to be replaced not. later than
December 31, 1969.
Passed by the City Council this 18th day of
December, 1967.
ATTEST:
CLERK
WASHINGTON
RESOLUTION NO. 197
A RESOLUTION AUTHORIZING the City Treasurer of
NOWT, THEREFORE, be it resolved
MAYOR