HomeMy WebLinkAboutRes 0308 - Accept Grant and Loan for Strander Boulevard and Bridge ConstructionCITY QF UKW LA
WASHINGTON
RESOLUTION NO 308
A RESOLUTION AUTHORIZING THE ACCEPTANCE
OF A GRANT IN THE AMOUNT OF $370,000.00
AND A LOAN IN THE AMOUNT OF $170,000.00
FROM TIIE STATE OF WASHINGTON DEPARTMENT
OF COMMERCE TO AID IN EXTENSION AND
DEVELOPMENT OF STRANDER BOULEVARD BY
CONSTRUCTION OF A BRIDGE ACROSS THE
GREEN RIVER.
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WHEREAS, The City of Tukwila, Washington, has applied
for a grant from the State of Washington Department of Commerce to
aid in the construction of a bridge across the Green River, said
grant having originally been approved in the amount of $270,000.00,
and thereafter having been increased upon application of the City of
Tukwila to $370,000.00, and additional funds having been made
available to the City of Tukwila in the form of a loan in the
amount of $170,000.00 at 4% interest,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
TIIE CITY OF TUKWILA, WASHINGTON, AS FOLLOWS:
That the City of Tukwila accept a grant of $370,000.00
from the State of Washington Department of Commerce to aid in the
extension and development of Strander Boulevard by constructing a
bridge across the Green River, and that additional funds to be used
for said purpose be accepted in the form of a loan from the State
of Washington Department of Commerce in the amount of $170,000.00,
with interest at the rate of 4% per annum.
That Frank Todd, Mayor, be and he is hereby authorized
to execute on behalf of the City of Tukwila documents necessary to
receive the funds represented by the grant and loan referred to
above.
The foregoing Resolution was adopted by the City Council
of the City of Tukwila, Washington, and approved by the Mayor at a
regular meeting thereof this 7th day of August, 1972.
Frank Todd Mayor
Shirlee Kinney City Clerk