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HomeMy WebLinkAboutRes 0424 - LID #25 (Local Improvement District) - Interim FinancingOF TUK WASHINGTON RESCLUTION NO. 424 RESOLUTION DESIGNATING A LENDING INSTITUTION FOR INTERIM FINANCING ON LID 25. 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 25 project from which the City shall be authorized to borrow for interim fin- ancing the maximum sum of 198,000.00 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