HomeMy WebLinkAboutRES 1571 . .. .
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WHEREAS it is neee�aary to� the City's Municip�l Library to borrow certain
funds pending raceipt of tax mvni,es aad a loaxl bei.ag neces�ery grid rec�uired for
such purpose, NOW ZgiTREPORE,
BE IT RESOLVED BY TNE MAYOc� ANU TElE CI'TY COUNCIL OF THE CITY OF EtENZ�ON,
WASHII3G'PON� A3 FOLIAWS:
SECTI�N I: There ia hereby transterred the sum of $6b�000.00 from the
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Cedar Ziver cquisiti n und 5
effective �ugust 31, 1968
UNTO the Library Fund it1600 as a loan.�such loan to bear interest at the
rate of 3� per annum to be repaid unto said lending fund not later than
December 31, 1968.
� SBCTION II: The City Clerk ia hereby authorized and directed to make the
above traasfer.
PASSFD by the City Council this �� day of September, 1968.
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Helmie Pielson, City lerk
APPRDVED by the Mayor thia L�day of September, 968.
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ona ld ja. Cus ter, Mayor
APPROVED A$ 1�0 FORM✓
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Ger�rd M. Shellan, City Attorney
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