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HomeMy WebLinkAbout1508 OrdinanceORDINANCE NO. 1508 AN ORDINANCE PROVIDING FOR THE ISSUANCE OF LOCAL IMPROVEMENT DISTRICT NO. 82 AND 83 WARRANTS IN THE AMOUNT OF $54,600.00, SETTING'THE RATE OF INTEREST FOR SAID INTEREST BEARING WARRANTS, AND NAMING FIREMEN'S PENSION FUND OF THE CITY OF PASCO AS THE PURCHASER. WHEREAS, Ordinance Nos. 1414 and 1476' established Local Improvement District Nos. 82 and 83, and WHEREAS, Ordinance Nos. 1414 and 1476 established the authority to issue Local Improvement District Interest Bearing Warrants at a rate not to exceed eight percent (8%') and WHEREAS, Firemen's Pension Fund has agreed to purchase these warrants for 6 1/2% interest, and ; WHEREAS, The City Council has now determined that the issuance of interest bearing warrants to Firemen's Pension Fund for the construction payments on L.I.D. Nos. 82 and 83 is in the best interests of the City, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PASCO DO ORDAIN AS FOLLOWS: Section 1. Pursuant to Chapter165 of the Laws of 19;61 of the State of 'Washington, there shall be issued Local Improvement District Warrants, known as Revenue Warrants, to be dated as funds are required to pay construction costs for Local Improvement Di s tri ct 'N'os . 82 and 83. .Section 2. The.Revenue Warrants shal-1 bear interest at. the rate of 6 1/2% per annum. Section 3._ The Local Improvement District Nos. 82, and 83 Revenue Warrants shall be issued to Firemen's Pension Fund at the rate of interest specified herein. Section 4. The Local Improvement District Revenue Warrants shall be re- deemed upon the sale of bonds. Section 5. This Ordinance shall be in full force and effect after its passage and publication as required by law. PASSED by the Pasco City Council and. APPROVED this-,-�/ ay of December, , 1971.. :APPROVED AS TO FORM:, �RTER, MAYOR 13 ' Issued 4o7m�=.-, �__ 7.1 Fund AT I Z P'9% INTEREST/YE 'IT i WARRANT NO. WARRANT DATE.. ;CITY OF PASCQ. 9PC(­, r -T 3-. WARRANTAMOUNT INTEREST $ PAY TO XATOTAL vt. l fo, M_ ZL PRE AND REGISTERED NOT RAID ;FOR WANT OF FUNDS GITY MANAGER o7 0 .4 TREASURER CITY CLERIC,' _ = Issued; Fund --- �" l� F -`' r_�•� AT F fl - �- %'INTEREST/YEAR - WARRANT NOl 7n _ TiRE'ASURER-:O'F = l WARRANT DATEI+rrArch�r — CITY Oi P`, iSCQ - Decp^,4:Pr 31 1 9 71 WARRANT AMOUNT $ ;,"n INTEREST-$ t CITY OF PACO - FIRE PENSION - -- x. :ft TOTAL$ _ ._ . -- PRE-SE`NTED AND REGISTERED . 19 :. NOT PAID FOR WANT OF FUNDS - - CITY MANAGER i,•'' -- TREASU,RER, f CITY CLERK7:' - 'r r f Date Purpose 1 Amount 1213n/71 Ordinance, Pity, 1505 cow!ri nr L. I.D. p:' �, ,;3 _ constrraction. 1 of 1^ warrents c; ew,A1 zraurt�. ;�,, Issued from: n - Fund 'A At INTEREST/YEAk3 WARRANT NO. �qf TREASURER OF WARRANT 'DATEDAralTbor CITY OFPASCO. Y) WARRANT r,. Af �ev nn DeceTber 81 19— AMOUNT $ INTEREST PAY CITY Or PASCO - FIRE P"N'"ON 11A JEF 1L L A W S TOTAL $ P,,(P,. PRESENTED AND REGISTERED 19 NOTPAID FOR"WANT OF FUNDS 'CITY"MANA-GER' V TREASURER Acity rLE-141C Date Purpose Amount 12/30/71 Ordinance No. 15nS Cov(zrinq L.I.r. ?Pos. P^ 3, construction. 1 ff If' vlarrants of enual Fniounts. 4f 0. 00 - IF , v — Issued. fromc- . ,13n T�� - - Fund: --� -�-- ". 1 AT - /o INTEREST/YEAR, WARRANT NO. f IT =TREASURER, OF WARRANT DATEDecember 30, 1O CITY OF'' PASCO` WARRANT AMOUNT _- x nese-?har 3P 19, E . PA+`('To° CITY OF PASO - MEPPISION INTEREST >$_ TOTAL$ _ - t ORESENTED AND REGISTERED 19- 9 NOT PAID FOR WANT OF FUNDS NOT CITY MAkAr.ER. ! - /y y - TREASURER -CITY CLERK ;'i 1 Date Purpose ()rc+injance �.n. 150,£' ceverin� L.I.D. ?,os. rz X 83 construction. 1 6f In warrants of enu? i ar,,00nts. Amount " , Issued frEom:. _ — - — _ =_ A#T /o IN,TERESTi%YEAR r " ` ' -% 1 L2 I o - A NO r - 'WARR� NT - 1 TREASURER OF WARRANT DATEllArR bob 'it) _ ChTY OF PAS.CO$ - �'- WARRANT`AMOUNT,$ 4TY' OF PASCO .�i SIRE PENSI .'IN TEREST.$' S' M-0, -•- a TOTAL $� L fL R 5 _ - PRESENTED AND REGISTEREDAA PAID FOR WANT OFFUNDS , i ;}1 mo_TREASURERCITI'j CLERK�%jPurpo'se �-� Amount Ordinance Mo. 15RE eoverirn L.I.D. 'jos. 62 A 83 - - -_ constructtich. 1 of lr warrants of enual a: urLs. $5,46J.00 jx 0 - -- __ — ',A _ :410ed' from l -ESM-f"f3?`� " _ __ ° Fund" " AT F 1t? % INTEREST%YEAiR WARRANTI NO, F Cf A0 -X.,TREASURER O,F OF DATE IlQ�'�Q+^ qn.- '19, CITY OPA_ SCOWARRANT A,MOUNT$�A_�6�.t7 Dem.hzr 30 INTEREST- $ - PAYY 'TO„ _ _ CITY nF P"m .. FTRr pr&t inn - MIS ' 0���� yr 4 4f), L-L A R $ - TOTAL $- RC"1` 'ri`7Y .ryr.. d. 'r7': - ro. t, vrr . •..vwY .aw ..r... +vn-: rvtr'.3N�.- ,= PRESENTED AND REGISTERED 19 NOT PAID FOR WANT OF FUNDS. -- — - CITY-MANAGE-R- - G TREASURER /" CITY-CLOW Date Purpose f Amount - X12/3o/Ti Ordinance No. 1508 covering L.I.D. Nos. 82 & £'3 _-_ construction. 1 of lr warrants rif equal•arOunt�. - f+ IssuVFW ed -from: _ Fund; _ W. Al -1 f? % 'INTEREST/YEAR WARRANT NO. 7 Df I n ,'RE.*,$0RER OF * WARRANT DATE In y~ r CITY OF PASCO ,� WARRANT AMOUNTDecember r, - INTEREST $ -- PAY TO CITY V PASCO - FIRE PENSION _ TOTAL _ 7 PRESENTED ,AND REOISTERED 19- NOT 9 NOT PAID ,FOR WANT OF FUNDS CITY MANAr.ER TREASURER. �' ` .CITY CLERK ,- � .'•I - -_ - _=.- -J 'Date Purpose Amount r 12/3n/71 Ordinance No. 1 F{, Q cov ri nq 1-1.0. 'Jos. P? e 2,3 _ = construction. I cf In warrants of eount amounts. - - r _ I'ssuedi�from: � - - --_ ~r~ — .- � Fund AT C � �� .' -' '% INTEREST/YEAR WARRANTI NO -8 nir TREASURER OF WARRANT DATEPr�rlb�r CITY OF PAS,CO _ = December 3019 i1 WARRANT AMOUNT $ F .460- CO �=CITY Ili "ASCO -" FIRE KPISION ATO INTEREST PzAY' - Jt , 4 L R-S� TOTAL $ L A PRESENTED, AND REGISTERED 19 - _ - _ NOT 'PAID FOR WANT OF FUNDS rr! L It:ITY MANAGER TREASURER `.-" 1 CITY CLERIC Date I Purpose 12/10/71 Ordinance No. 15U covering L.I.D. Nos. 82 = construction. 1 of 111, �.,arrarits to entl-i an urts. r+ Amount -{ AT : _ F I % INTEREST/YEAR — WARRANT NO - ,- TREASURER OF 4j tI WARRANT DATE'=t_ ®F i ASCO- � WARRANTIAMOUNT'$�r..AFS1 h�i 1" _ lkcai►4er_ 30 9 - l - ' F INTEREST $' �PAcY TO r—TTY,Sit-PA_Sfn--» F RF -P1114'— __ k' �,,.�' _�`'�-k•.-- ti �s1l eyAmwf%�"..� D O t. L A R`'$ TOTAL $' y. -_ �IRRESE_NTE0 AND REGISTERED r. NOT PAID FOR WANT OF FUNDS' :� �f ✓ f.! -� , — r P - �' CITY.' h1ANAGER° Y� I `moi 4,h - - TREASU RE R - ' _ i CITY GLERK; — - Date'. Purpose �� Amourif " _ ?Z Ordinance ,No. 1518 coverinn .L.T.D, tios, &2 E3 - �- 1,6pstruction. 1 of 10 warrants in elUal alrOWLS.Ll Issue from; iT18i1 __A1"2l"'i 8'P' {— - F`urid- h s AT -- � / % INTERESVY,EAR- "WARRANT' NO. IQ _ - .TREASURER' OF_ WARRi4NTiDATE DecC e4" b =� _ CITY OF I'ASCO — December 311 19 71 WARRANT' AMOUNT .$ � Ft�� nn ` CITY cif PASCO FIRE PENSTON INTEREST r- *;'^, 0 - TOTAL $ +� .c� .$•.rat .��� - L A R S AM al n.i_ PRESENTED AND REGISTERED 1;9- �/ - '_ NOT PAID FOR WANT OF FUNDS -`, - 1 — - t - I CIT'i' MANAGER _ TREASURER��I_ D' -1t 1f !t �k� - �•s tea/ l _1 :' � 4f_� � � � C'I'TY CLERK � - Date Purpose ' Amount = 12/30/71 Ordinance No. 15n£, coverinri L.I .r), N... 87 & 33 - construction, 1 cif 1n warrants it eetial ar!nunts. Issu'ed1from: .1rban/ r -term 1 Street Fund AT 6 112 - % INTEREST/YEAR WARRANT INO. 1 4 r, TREASURER OF WARRANT DATE nP[kwar in 1971 CITY OF PASCO December 30 it 19 PAY TO CITY OF PASCO - FIRE PENSION �y� rss+;M:;wrs•..i`ry /J• , %.4bP 7 �' Ayb� w.,. y. " `�, / us • 7 . . ,... _. ,... i:. .::: "` f.... �nD;OSL L A, -R'S PRESENTED AND REGISTERED 19 NOT PAID FOR WANT OF FUNDS TREASURER Date Purpose WARRANT AMOUNT INTEREST $ TOTAL $ 12130/71 Ordinance No. 1508 covering L.I.Q. Nos. 82 A,83 construction. 1 of 10 warrants of equal amounts. t Amount $5,460.00 �I TREASURER Date Purpose Cl Amount 12/30/71I Ordinance No. 1508 cowering L.I.D. Nos. 82 b 83 construction. l of 10 warrants of enual amounts. $5,460.00 Issued from: Urban Arterial Street Fund AT % INTEREST/YEAR WARRANT NO. 2 Of lO TREASURER OF WARRANT DATE December 30. 1971 CITY OF PASCO December 30 71 WARRANT AMOUNT $ 5_4�n-n0 t9 INTEREST $ PAY TO CITY OF PA,SCO - FIRE PENSION *�*tv7 �tI �c.r �iy x•65" t�. is t► r*�trg �� �1 r TOTAL $ t , • �' DOL L A RR ,, .,.. ...... .:......' PRESENTED AND REGISTERED ...r..'F.. .".'..�' „* .! _ I1 f_. NOT PAID FOR WANT OF FUNDS ---CITY MANAGER TREASURER Date Purpose Cl Amount 12/30/71I Ordinance No. 1508 cowering L.I.D. Nos. 82 b 83 construction. l of 10 warrants of enual amounts. $5,460.00 �y.,„,�=r..,-.�•3,...:-•...n-�.n.- - ,..,,�, J. Issued from: Urban Arterial Street Find � AT f 112 % INTEREST/YEAR WARRANT NO. 3 of 10 TREASURER OF ,C� WARRANT DATEnprpmhpr 3h _ 1971 CITY OF P` ASCO December 30 91 WARRANT AMOUNT $ K ,arn nth 19 PAY TO CITY OF PASCO • FIRE PENSION INTEREST $ ,���.'"wr °'i �''” �►` r ��ryI i 3FD°O~L TOTAL $ A yr�r: ✓+yr7 )'r14. R'r' ♦I r'. ✓. d i L R S_% v /`-� PRESENTED AND REGISTERED 19,E f. NOT PAID FOR WANT OF FUNDS Z1 CITY-MAWkGER ..r TREASURER CITY CLERK- Date LERKDate Purpose f Amount 12/30/71 Ordinance No. 1508 covering L.I.O. Nos. 82 & 83 construction. i of 10 warrants of equal amounts, $5,460.00 Issued from: Urban ArteMall Street Fund AT % INTEREST/YEAR WARRANT NO Q 'nf In TREASURER OF CITY OF PASCO December 30 t 9 71 PAY TO CITY OF PASCO - FIRE PENSION !qW4 W+� � .+^�N..I,� si•i�h vr,� ,ly ♦ � k y< 1' a[ '� '�'' ,n > h DOLLARS PRESENTED AND REGISTERED NOT PAID FOR WANT OF FUNDS TREASURER WARRANT DATEOecember 30. 1971 WARRANT AMOUNT•$ 5.460.00 INTEREST $ �) TOTAL $ �Y. CITY MANAGER / _Q .Date Purpose 12/30/'71 Ordinance No. 1508 covering L.I.D. Mos. 82 5 83 construction. i of 10 warrants of equal amunts, Amount $5460.00 Issued from: Urban Arterial Street Fund AT % % INTEREST/YEAR WARRANT NO. 5 Of 10 TREASURER OF CITY OF PASCO 19— CITY OF PASCO - FIRE PENSION PAY TO �• P kP Y''�ti'�'r � � t t • `+: . PRESENTED AND REGISTERED 19— NOT 9 NOT PAID FOR WANT OF FUNDS TREASURER Date Purpose WARRANT DATE December 30 _ 1971 WARRANT AMOUNT $ 5.460.00 INTEREST $' TOTAL $ MANAG-ER- TY-CLERK""J'f - Amount 12/30/71 1constructiron.Ordinance IVa. 1508 covering L.I.D. Nos. 82 A 83 1 of 10 Warrants of equal amounts. $5,460.00 Issued from: Urban Arterial Street Fund' AT 6 1/2 % INTEREST/YEAR WARRANT NO. 6 of 10 TREASURER OF WARRANT DATE neremhor 3(1 1971 CITY OF PASCO WARRANT AMOUNT $ 5.460.00 c. , _..30% 19„ pe INTEREST $ PAY TO CITY OF PASCO - FIRE PENSION TOTAL ' <DO:LLARS $ PRESENTED AND REGISTERED 19- NOT 9 NOT PAID FOR WANT OF FUNDS �' C I TAY' MA�NfA G E R,F/'///// - TREASURER �v' - --�CITY� Kl x • ' Date Purpose % Amount 12/30/71 Ordinance No, 1508 covering L.I.D. Nos. 82 & 83 construction. 1 of 10 warrants of equal amounts. $5,460.00 Issued from: Urban Arterial Street Fund AT 1 /2 % INTEREST/YEAR WARRANT NO. 7 of 10 TREASURER OF WARRANT DATE na+ramFsr 'ate, 1971 CITY OF PASCO December 30 19 ] WARRANT AMOUNT $ ! ,AAA no PAY TO CITY OF PASCO — FIRE PENSION INTEREST $ 1• ;'j,,ri.t yr R yr f {, } *yk..rp w. qh. ,N3 .•4 {.r. r v ,� h •Y v�r�, - TOTAL 7. r !• :u r r 'ht / rdr ✓ •'f'r r �.h v'r ? t -._ $. r. r.......,.. --- ,...... O.L L:A R S PRESENTED AND REGISTERED 19 / NOT PAID FOR WANT OF FUNDS f. //' ' O TREASURER r Date Purpose 12/30/71 Ordinance No. 1508 covering L.I.D. Nos. 82 & 83 construction. 1 of 10 warrants of equal amounts. TjY CLERK JJj � Amount $5,460.00 1 _ _ Urban Arteria street Issued from: Fund AT r ? /'3 % INTEREST/YEAR WARRANT NO.. R ni' 1n TREASURER OF WARRANT DATE nprpmFwr 30. 1971 CITY OF PASCO WARRANT AMOUNT $ 9-41611-00 December 30'19 -Ll PAY TO CITY OF PASCO - FIRE PENSION INTEREST $ � 414'1! l : L A R S TOTAL $ i PRESENTED .AND REGISTERED 19� NOT PAID FOR WANT OF FUNDS __— T' .� d. 1 �_ /'1 , .+ CITY MANAGER / TREASURER ---I CITY O,LERK,%- Date 121310#?1 Purpose I Ordinance No. 1508 covering L.I.D. Nos. 82 1 83 construction. 1 of 10 warrants in equal mounts. Amount $5.460.00 ' Issued from: Urban Arterial Street Fund AT % INTEREST/YEAR WARRANT NO. 9 Of 10 TREASURER OF WARRANT DATE December 30 1971 CITY OF PASCO December 30 19 �`l WARRANT AMOUNT $ 5-460.o� INTEREST $ PAY TO CITY OF PASCO - FIRE PENSION n,y �*.1"4, 5.w'r��r�<. a��r. ?`� s� �h yt�' TOTAL $ +.,:,s, Sam _. D O L LAR S -- PRESENTED AND REGISTERED 19- NOT 9 NOT PAID, FOR WANT OF FUNDS C1lY,/MA�NA[3ER TREASURER ' / CITY CLERK Date Purpose 1 -11 f Amount 12130/'71 Ordinance No. 1508 covering L.I.D. Nos. 82 A 83 construction, l at 10 warrants in equal amounts. $5,460.00 Urban Arterial Street issued from: Fund AT 6 1/2 % INTEREST/YEAR WARRANT NO. 10 of 10 TREASURER OF WARRANT DATE December 30, 1971, CITY OF PASCO December 30 19 71 WARRANT AMOUNT $ g; -AFn • n0 PAY TO CITY OF PASCO - FIRE PENSION INTEREST $ �r TOTAL $ .....:D,OSL L A: R S PRESENTED AND REGISTERED 19- NOT 9 NOT PAID FOR WANT OF' FUNDS CITY' MANAGER' /,0 .. ,. TREASURER - � /-' � CITY CL°ERK � U Date Purpose Amount 12130/71 Ordinance No. 1508 covering L.I D. Nos. 82 & 83 construction. 1 of 10 warrants in equal amounts. $5,460.00 Issued from: AT % INTEREST/YEAR TREASURER OF CITY OF PASCO PAY TO PRESENTED AND REGISTERED 19 NOT PAID FOR WANT OF FUNDS Fund WARRANT NO. WARRANT DATE WARRANT AMOUNT $ 19— INTEREST $ _DOLLARS TOTAL $ CITY MANAGER TREASURER CITY CLERK NOTICE OF PUBIC HEARING PLEASE TAKE NOTICE that the City Council of the.City of Pasco, Washington, will hold a Public Hearing in the City Hall, Pasco,. Washington, on th2 21st day of December, 1971, at the hour of 8:00 P.M. for the purpose of approving the issuance of Local improvement District No. 82 and 83 Warrants in the amount of $54,500.00, and naming Firemen's Pension Fund of the City of Pasco as the purchaser. NOW, THEREFORE, let all concerned take notice of the time, place and purpose of such Public Hearing so that they might attend and present their support or objections to said approval. � HARRY D. Y-1NfZER DIRECTORM FINANCE NOTICE OF PUBLIC HEARING t PLEASE TAKE NOTICE that the City Council of the.City of Pasco, Washington, will hold a Public Hearing in the City Hal 1 , Pasco, Washington, on thy? 21st day of December, 1971, at the hour of 0:00 P.M. for the purpose of approving the issuance of Local improvement District No. 82 and 83 Warrants in the amount of $54,600.00, and naming Firemen's Pension Fund of the City of Pasco as the purchaser. NOW, THEREFORE, let all concerned take notice of the time, place and purpose of such Public Hearing so that they might attend and, present their support or objections to said. approval. , HARRY D. QZER DIRECTOR M FINANCE v NOTICE OF PUBLIC HEARING PLEASE TAKE NOTICE that the City Council of the.City of Pasco, Washington, will hold a Public Hearing in the City Hall, Pasco, Washington, on tho 21st day of December, 1971, at the hour of 8:00 P.M. for the purpose of approving the issuance of Local Improvement District No. 82 and 83 Warrants in the amount of $54,600.00, and naming Firemen's Pension Fund of the City of Pasco as the purchaser. NOW, THEREFORE, let all concerned take notice of the time, place and purpose of such Public Hearing so that they might attend and present their support or objections to said approval. , HARRY D. GVEP, DIRECTORSOPI FINANCE