HomeMy WebLinkAboutRes 0552 - LID #27 (Local Improvement District) - Interim FinancingCITY OF
RESOLVE AS FOLLOWS:
WASHINGTON
RESOLUTION NO 552
RESOLUTION DESIGNATING A LENDING
INSTITUTION FOR INTERIM FINANCING ON
L.I.D. 27
THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON,
Seattle First National Bank
be and it is hereby designated as the lending agency for interim
financing on the L.I.D. 27 project.
from which the City shall be authorized to borrow for interim fin-
ancing the maximum sum of 450,000.00 at an interest rate of
4.40 per annum.
PASSED BY THE CITY COUNCIL of the City of Tukwila,
Washington, and approved by the Mayor at a regular meeting thereof
this 16th day of August 1976.
Edgar D. Bauch Mayor
Maxine Anderson City Clerk