HomeMy WebLinkAbout2168 OrdinancePASSED by the City Council of the City of Pasco his 16 day
of June , 1980
SNIDER; 'AYORYRO TEl
ATT2T
.
Dennis
'i
ORDINANCE NO 2168
AN ORDINANCE RELATING TO AN INTERFUND DEBT
TO PROVIDE FINANCING FOR ENGINEERING AND OTHER
PRELIMINARY COSTS RELATED TO L I D NO 110
(WEST OF 20TH L I D ) UNTIL INTERIM FINANCING
CAN BE OBTAINED
THE CITY COUNCIL OF THE CITY OF PASCO DOES ORDAIN AS FOLLOWS
Section 1 The engineering and other costs related to L I D No 110
be paid from the City Street Fund until such time as the L I D is confirmed
and interim financing is arranged The L I D shall reimburse the City Street
Fund for these expenditures plus interest at a rate of 8% per annum This
shall be repaid as soon as possible after interim financing is arranged
Section 2 In the event L I D No 110 is protested out, or otherwise
not finally confirmed, the expenditures shall remain the obligation of the
City Street Fund
Section 3 In the event the expenditures are repaid, the Finance Director
is authorized to make the appropriate adjustments in the budget as the amount
repaid would be additional revenue not anticipated at the time the budget was
approved.
Section 4 This Ordinance shall be in full force and effect after its
passage and publication as required by law
W-e_e-e-7
/Eve e 1 , City Clerk
APPROVED AS TO FORM
, n
F elice,
0,.
r elice, City Attorney
AFFIDAVIT OF PUBLICATION
COUNTY OF Franklin
)ss
STATE OF WASHINGTON
Phyllis Graves , being first duly sworn on oath deposes
and says she is the Principal Cleric of the Tr-City Herald,
a daily newspaper That said newspaper is a legal newspaper and has been approved as a
legal newspaper by order of the superior court in the county in which it is published and
it is now and has been for more than six months prior to the date of the publication
hereinafter referred to, published in the English language continually as a daily news-
paper in Franaln County,
Washington, and is now and during all of said time was printed in an office maintained
at the aforesaid place of publication of said newspaper That the annexed is a true
copy of a legal advertisement
Ordinance #2168
as it was printed in the regular and entire issue of the Tr-City Herald itself and not in a
supplement thereof, for a period of one time ZEigigMANCIV6W commencing
on the 20th day of Julie ,19 80 , and
ending on the day of , 19 , and that said
newspaper was regularly distributed to its subscribers during all of this period
That the full amount of $ 27025 has been paid in full, also at the rate of
5 inches @ 5.45 = 27.25
Ordinance No 2168
An .Ordinance relating to
an interfund debt to provide
financing for engineering
and oiler preliminary costs
related to L I D No 110
'1(West of 20th L I D ) until
interim financing can be
obtained
The City Council of the
City of Pasco does ordain
as follows
Section 1 The engineering
and other costs related to
L I D No 110 be paid from
the City Street Fund until
such time as the L I D is
confirmed and interim fi
nancing is arranged The
L I D shall reimburse the
City Street Fund for these
expenditures plus interest at
a rate of 8% per annum
This shall be repaid as
soon as possible after inter
im fin -y=eng is arranged
Section, 2 In the event
L I D No 110 is protested
out, or otherwise not finally
confir^,4?d, the expenditures
shall 'amain the obligation
of the City Street Fund
Section 3 In the event
the expenditures are repaid,
the Finance Director is au
thorized to make the appro
priate adiustments in the
budget as the amount re
Paid would be additional
revenue not anticipated at
the time the budget was
approved
Section 4 This Ordinance
shall be in full force and
effect after its passage and
publication as required by
law
Passed by the City Coun
cil of the City of Pasco this
16th day of June, 1980
s E A Snider
Mayor Pro Tem
Attest
s Evelyn Wells
City Clerk
Approved as to form
s- Dennis De Felice
City Attorney
Legal, No 8274 June 20
1980
Subscribed and sworn to before me this 2/4.th day of June , 19 80
Notary Public in and for the State of Washington residing at Pasco
r
June 17, 1980
Tri City Herald
P.O. Box 2608
Pasco, Washington 99302
Gentlemen .
Please publish the attached Ordinance No. 2168 on the
following date .
June 20, 1980
Please send two (2) Affidavits of Publication.
Sincerely yours,
Evelyn Wells
City Clerk
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