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HomeMy WebLinkAboutRES 0805r , --1 RESOLUTION NO.. 805 i+VHEREAS, the Great Northern Railway Compan has applied to the Interstate Commerce Commission for authority to acquire control of the Pacific Coast R. R. Co by purchase of all of the capital stock of that company, which has been docketed by the Interstate Commerce Commission as Finance Docket No. 17134; and FEREAS, the City Council of the City of Renton, has informed itself concerning the proposed transaction, and finds that the approval of the application by the Interstate Commerce Commission will be of direct benefit to the City of Renton, the surrounding community and shippers lo- cated therein, and will be in the public interest, as control of the Paci- fic Coast R. R. Co., by the Great Northern .Railway Company will foster the industrial development of the Renton area, will assure the continuation of the operations of the Pacific Coast R. R. Co., and will lead to an im- provement in service by the Pacific Coast R. R. Co.,. NOW THEREFORE, IT IS HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF RENTO N : (appli- cationeat That the City of Renton give its full u1pport for'\the the hearing to be held before the Interstate Commerce Commis- sion in Seattle on April 6, 1951, and that the Interstate Commerce Com- mission be advised of the position of the City of Renton and to file a copy of this Resolution in said proceedings. PASSED by the City Council this 3rd day of April., 1951. Wiley C ok, City Clerk APPROVED by the Mayor this 3rd day of April, 1951. Joe R. Baxter, Mayor