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HomeMy WebLinkAbout2616 Resolution RESOLUTION NO. 2616 A RESOLUTION AUTHORIZING REIMBURSEMENT FOR THE PURCHASE OF THE PROPERTY KNOWN AS THE HUMANE SOCIETY PROPERTY & BUILDINGS 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 the Animal Control Facility buildings and property. 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 $276,000. This resolution shall become effective immediately upon its adoption. APPROVED by the City Council of the City of Pasco, Washington, this 17' day of September, 2001. c ichael L. G rrison, Mayor ATTEST: APP VED TO FORM: Catherine D. Seaman, Leland B. Kerr, City Attorney Deputy City Clerk