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HomeMy WebLinkAboutRes 0497 - Election for Issuance of General Obligation Bonds RESOLUTION NO. 497 RESOLUTION SETTING AN ELECTION TO BE HELD NOVEMBER 4, 1975, SUBMITTING TO THE VOTERS OF TUKWILA A PROPOSAL FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS IN AN AMOUNT NOT TO EXCEED $1,850,000.00, THE PROCEEDS OF WHICH SHALL BE USED TO ACQUIRE THE FOSTER GOLF COURSE PROPERTY FOR RECREATIONAL PURPOSES. THE CITY COUNCIL OF THE CITY OF TUKWILA RESOLVE AS FOLLOWS: PROPOSITION That an election be held November 4, 1975, submitting to the voters of Tukwila a ballot title in substantially the following form: "Shall the City of Tukwila incur a general indebtedness and issue and sell not to exceed $1,850,000.00 of general obligation bonds to pay a part of the cost of acquiring certain real properties known as 'The Foster Golf Course' for recreational purposes, such bonds to be paid by the annual tax levy to be made without limita- tion as to rate or amount and to mature in two and not to exceed twenty years from date of issue as provided more fully in Ordinance No. 94< passed October 6f-h. 1975. "Bonds 0 Yes "Bonds Ej No." PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, AT A REGULAR MEETING THEREOF 17th DAY OF SEPTEMBER 1975 Frank Todd Mayor Shirlee Kinney City Clerk *Amended wording added King County Election Dept, and approved as to form by the City Attorney 9/19/75. I, Shirlee A. Kinney Clerk of the City of Tukwila, Washington do hereby certify that the attached Resolution, being Resolution No. 497 is a true and correct copy of the original Resolution passed on the 17th day of September 19 75, as said Resolution appears on the Minute Book of the City of Tukwila, Washington. C E R T I F I C A T I O N DATED This 5 day of September Clerk the City of ila, Wa,iington 197