HomeMy WebLinkAbout0451 ResolutionRE.SOLUTJON NO. J��
WHEREAS the City Council of the City of Pasco contemplates the patching,
sealing and resurfacing of runway 11L -29R and the north -south and east -west taxi-
ways at the Pasco Airport as soon as possible, and
WHEREAS it is estimated that said work will cost approximately $180, 000. 00,
with approximately the sum of $92, 790`::00 (51. 55%) to be paid by the United States of
America in matching monies and approximately the sum of $8.7, 210. 00 to be paid
by the City of Pasco, and
WHEREAS revenue bonds will be sold a_nd repaid out of airport revenues to
cover the City's share of the cost.' of said project, NOW, THEREFORE,
THE CITY COUNCIL OF THE 'CITY. OF PASCO DO RESOLVE AS FOLLOWS:
Section 4. That application be made to the appropriate agency of the United
States of Americato obtain matching monies in the amount of approximately
$92, 790. 00 for patching, sealing and resurfacing runway 11L -29R and the north -south.
and east -west taxiways at the Pasco Airport, Pasco, Washington.
Section. 2. That the City will sell revenue bonds to be repaid by airport
revenues to finance its share of, the cost of said improvements.
Section 3. That this resolution is made for the purpose of satisfying the
requirements of the United States of America in makingapplication for matching
monies for said improvements.
PASSED by the City Council and APPROVED by the Mayor this_1 day of
November, 1959.
ATTEST:
PP OVED T FORT
A/ 1 ,A�
City Clerk
City Attorney
MAYOR