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HomeMy WebLinkAboutOrd 1736 - Interfund Loans for East Marginal, Duwamish and Ryan Hill Water System ImprovementsCity of Tukwila Washington Ordinance No. /7340 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, REPEALING IN ITS ENTIRETY ORDINANCE NO. 1694, ADOPTED ON FEBRUARY 22, 1994, WHICH PROVIDED THE AUTHORIZING OF INTERFUND LOANS PENDING THE ISSUANCE OF BONDS FOR THE EAST MARGINAL/DUWAMISH CORRIDOR AND RYAN HILL AREA WATER SYSTEM IMPROVEMENTS; PROVIDING FOR SEVERABILITY, AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the City planned the temporary use of City funds for the anticipated water system improvements in the East Marginal /Duwamish corridor and Ryan Hill areas; and WHEREAS, the project was delayed until 1995 and Bond Proceeds will be used to finance the project; and WHEREAS, the temporary funding is no longer required; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY ORDAINS AS FOLLOWS: Section 1. Repealer. Ordinance No. 1694, adopted on February 22, 1994, is hereby repealed in its entirety. Section 2. Severability. If any section, sentence, clause or phrase of this ordinance should be held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of any other section, sentence, clause or phrase of this ordinance. Section 3. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City, and shall take effect and be in full force five (5) days after passage and publication as provided by law. PASSED BY THE CITYY OUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this ,5 day of ,1995. ATTEST /AUTHENTICATED: - e E. Cantu, City Clerk APPROVED AS TO FORM: ft ()AA— Office of the City Attorney FILED WITH THE CITY CLERK: (Q - , —g S PASSED BY THE CITY COUNCIL: (0- 5 - �I S PUBLISHED: !o — q 9 S EFFECTIVE DATE: 6 - / it -- FS— ORDINANCE NO.: 17 3c GJ Pia4_ W. Rants, Mayor CITY OF TUKWILA SUMMARY OF ORDINANCE NO. 1736 AN ORDINANCE OF THE CITY OF TUKWILA, WASHINGTON, REPEALING IN ITS ENTIRETY ORDINANCE NO. 1694, ADOPTED ON FEBRUARY 22, 1994, WHICH PROVIDED FOR THE AUTHORIZATION OF INTERFUND LOANS PENDING THE ISSUANCE OF BONDS FOR THE EAST MARGINAL/DUWAMISH CORRIDOR AND RYAN HILL AREA WATER SYSTEM IMPROVEMENTS, AUTHORIZING $4,000,000 IN WATER AND SEWER REVENUE BONDS; PROVIDING FOR SEVERABILITY, AND ESTABLISHING AN EFFECTIVE DATE. On June 5, 1995, the City Council of the City of Tukwila passed Ordinance No. 1736, repealing Ordinance No. 1694, which authorized the temporary use of City funds for anticipated water system improvements in the East Marginal /Duwamish corridor and Ryan Hill areas; providing for severability and establishing an effective date. The full text of this ordinance will be mailed without charge to anyone who submits a written request to the City Clerk of the City of Tukwila for a copy of the text. APPROVED by the City Council at its meeting of June 5, 1995. E. Cantu, City Clerk Published Seattle Times: 6/8/95��e---