HomeMy WebLinkAboutRES 1482 �BSiLUrION I�10. � �s
WHERFAS it is aecessary �or the arteria� street fund to borraw certain
funds from the i3aterworks Utility Fuod, oa a t�porary basis peac�ig receipt of re-
imburse�eats by the State Highway Department� ia connectioa with the resurfacing of
Rainier Aveaue, NOt1 THERBFORE
BE IT RESOLVSD BY �'HE MAY� AND THE CIT1i COULOCIL QF THS CITY OF AEN'1'0�1,
WA3HINGTONt AS FOLTAWS:
SECTION I: The City Clerk is hereby authoriaed sad directed to trsnsfar
the aum of $65,000.00 from the Waterworks Utility Furrd, as a ].oen, unto Arterial Street
Fund 3200/605, Capital Outlay, and such Ioaa to bear interest at the rate of 3x per II
aanum sad to be repaid, in any event, uato the Waterworks Dtility Pvad not lster than II
Decembes 31, 1968.
PASSBD HY !H8 CI1X COUliCIL tbis Ilth day of September, 196T
`CG=C.�i»c�✓J -
flelmie NeY�on, City CL�x
APPBi0V8D �t T�B �lAYOIt this lltb day of September, 1 7. �
,
/ /r" _---
Donald t��. Cnstes, l�yor
Approved as to form:
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, . .,�,�
,Gerard 1[. Shellan, City Attorney