HomeMy WebLinkAboutRES 1575 r *
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�soi,rvrzzox No. �.�7�
i�iEiT3�AS Lbe b�seiobelow mentioned funde sre ia need of certaia moniee
to finance a oerCaiu otrest im�,rovea�ot� t,pcl�dit� t,00�wraioo t� �rgroumd wiriag
a�d,
WHBREAS said expenditures are being appropriated by emergency ordivance
sud the Firea�ea's Pensfon Fuud Board has heretofore agreed to proviSe a losa to said
funds far the aforesaid purposes, and such transfer and loaa befng its the public
iatereat aad far the public beaelit, uaw therefore
BE IT RESOLVED BY T�tB MAYOR AND TKE CI14 CWDTCIL OF 1'I�E CITY Oi� RENT�ON
W�SH�GTQN, AS FOLLOWS:
38CTI�Dt I: The total sum of $43,284.12 is hereby transferred and loaned
to the Qurrent Fund to tt►e txtent of $38,284.12 and unto the Urbaa Arterial Fund to
the exteat of $5,000.00 aud said totai s�n► beiag borrawed froa► the City af fleaton
Fireaaea`s peasioa Fuad, to be repayable aot later than llece�nber 31� 19T0.
bearing interest at the rate of 57G per snaum.
PASSED $Y T8S CI?Y COUNCZL this ��daq of October. 1968.
Relmie Neleon, City Clertc
tsPPROVSD BY T�IE !lAYnR tbis �day of Octo r 196$. �
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aald ti. Custer, Mayor
APPRDV80 AS TO F01�l:
Gerard ffi. Shellaa, CiCy �,tCoroey
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