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RES1851 . � «t ` ! ' .I � i- • � • ► . ♦ RESOliUTION N0. 1851 WHEREAS i.t is necessary for the belowmentioned Fund to b�rrow certa�.n moni,es from the Street �'orward Thrust Pund pending receipt of tax monies and TOPIC rei.mbursement money, NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON , AS FOLLOWS : SECTION I : The Finance Di,rector is hereby authorized and di,rected to transfer the following funds as a loan, and such loan to bear �nterest at the rate of 4o per annum and to be repaid to the Street Farward Thrust Fund in any event not later than November 1, 1973 , to-wit: j FROM: Street Forward Thrust Fund $500 ,000 . 00 UNTQ : Street Fund $500 ,000 . 00 i PASSED BY THE CITY COUNCIL this 23rd day of April, 1973 . `��i � v�%�i Delores . e��`ity Clerk � , APPRQVED BY THE MAYOR this 23rd day of April, `1-973 , _ _ ��,, � ^ "�F _ .. � very rrett, ayor � APPRQVED AS TO FORM: �� � e ar . e an, .Ca.ty ttorney ;