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RES2873 CITY OF RENTON, WASHINGTON RESOLUTION NO. 2873 A RESOLUTION OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING THE MAYOR AND CITY CLERK TO SIGN AN INTERLOCAL COOPERATIVE AGREEMENT ENTITLED "PUBLIC WORKS TRUST FUND EMERGENCY LOAN AGREEMENT" FOR EMERGENCY WORK ON N.W. 7TH STREET SEWER REPAIR. WHEREAS, a slide in the area of N.W. 7th Street destroyed a portion of city sewer; and WHEREAS, the City Council has previously declared an emergency for repair of that sewer; and WHEREAS, the Public Works Trust Fund has agreed to make an emergency loan to the City of Renton; and WHEREAS, it is necessary to document that loan by means of an agreement entitled "Public Works Trust Fund Emergency Loan Agreement" ; and WHEREAS, it is in the interests of the citizens of the City of Renton to enter into said loan agreement. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO RESOLVE AS FOLLOWS : SECTION I. The above recitals are found to be true and correct in all respects . SECTION II. The Mayor and City Clerk are hereby authorized to sign the agreement entitled "Public Works Trust Fund Emergency Loan Agreement Number PW-5-91-280-ELP-084 . " PASSED BY THE CITY COUNCIL this 16th day of December, 1991 . Marilyn tersen, City Clerk RESOLUTION NO. 2873 APPROVED BY THE MAYOR this 16th day of December, 1991 . w Earl Clymer,; ayor Approved to form: Q Meg'- Lawrence J. War n, City Attorney RES . 176 : 12/11/91