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HomeMy WebLinkAbout2486 Resolution RESOLUTION NO. 2486 A RESOLUTION AUTHORIZING REIMBURSEMENT FOR THE PURCHASE OF A FULLY EQUIPPED FIRE TRUCK THROUGH A FINANCING CONTRACT. SECTION 1. The City of Pasco reasonably expects to reimburse the expenditures described herein with the proceeds of a financing contract to be entered into by the City of Pasco. SECTION 2. The expenditures with respect to which the City of Pasco reasonably expects to be reimbursed from the proceeds of Reimbursement Obligations are for a fully equipped fire truck acquisition. SECTION 3. The expenditures with respect to which the City of Pasco reasonably expects to be reimbursed from the proceeds of Reimbursement Obligations will be made from the General Fund, Non-Departmental Capital Outlay. SECTION 4. The maximum principal amount of Reimbursement Obligations expected to be issued for the property described in Section 2 is $225,000. This resolution shall become effective immediately upon its adoption. PASSED by the City Council of the City of Pasco, Washington, this 1St day of November, 1999. Charles D. Kilbu Mayor ATTEST: APPROVED AS TO FORM: 1 c� Catherine D. Seaman, Leland B. Kerr, City Attorney Deputy City Clerk