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