HomeMy WebLinkAboutRES 1306 RESOLUTION NO. /9e6
A RESOLUTION AUTHORIZING PAYMENT FROM LOCAL IMPROVEMENT
GUARANTY FUND OF DEFICIT REMAINING AFTER COLLECTION OF
ALL ASSESSMENTS IN LOCAL IMPROVEMENT DISTRICT NO. 239
WHEREAS the assessments and sums due on account of Local Improvement District
No. 239 have been collected by the City Treasurer and the balance of cash on hand in
the Fund of said Local Improvement District No. 239 after all assessments have been
paid is the sum of $2,270.87, under Assessment Roll as adjusted by Ordinance 1478; and
WHEREAS the sums payable out of said fund consist of bonds due in amount of
$3,000.00 and coupons due in the amount of $127.50 total $3,127.50 due and payable;
and
WHEREAS the above sums leave a deficit in the Fund of Local Improvement
District No. 239 in the net sum of $856.63, which thereby becomes properly payable
from Local Improvement Guaranty Fund; NOW THEREFORE
BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF RENTON AS FOLLOWS:
That the City Treasurer be and is hereby authorized and directed to pay and
transfer from the Local Improvement Guaranty Fund unto the Local Improvement District
No. 239 Fund the sum of $856.63, to meet and pay the deficit in that amount existing
in said Fund.
PASSED BY THE CITY COUNCIL this 7th day of June, 1965.
Helmie Nelson, City Clerk
APPROVED BY THE MAYOR this 7th day of June, 1 5.
/7/(7.
Donald W. Custer, Mayor
APPROVED AS TO FORM:
<.rthur L. Haugan,
Assistant City Attorney