HomeMy WebLinkAbout2643 OrdinanceOE -JA KSONi .vMayor
AS TO FORM:
SarefiViA
LYR WELLS, City Clerk trREG UBST LO, Cit Attorney
ORDINANCE NO. 2643
AN ORDINANCE creating the revolving loan fund.
WHEREAS, City Council has earlier created the Revolving
Loan Program through the Community Development Block Grant
Program in order to provide low interest loans for the expansion
of local business; and
WHEREAS, a separate fund is needed to assure that payments
from borrowers is not comingled with other block grant income,
NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON DO
ORDAIN AS FOLLOWS:
Section 1. A fund, to be known as the "Revolving Loan
Fund", is hereby created for the purpose of separately accounting
for the funds and income of the Community Development Block Grant
Revolving Loan Program.
Section 2. This Ordinance shall take effect five (5)
days after passage and publication.
PASSED this AO day of April, 1987.
99302-2608
CT:ri-Titg RemId
P 0 BOX 2608
PASCO, WASHINGTON
(509) 582-1500
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INVOICE
DATE 0424E7 LEGAL NO 002621
ACCOUNT NO 50550
DESCRIPTION Cit, of Faro Ordinance Nr,
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AFFIDAVIT OF PUBLICATION
COUNTY OF BENTON
SS
STATE OF WASHINGTON
PHYLL I S. GED: HELL , being duly sworn,
deposes and says, I am the Legal Clerk of the Tn-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 countmually as a daily newspa-
per in Benton County, Washington That the attached is a true
copy of aeit of Pasco Ordinance No. 264sit
was printed in the regular and entire issue of the Tn-City Herald
itself and not in a supplement thereof, 001 time(s),
commencing on A-242497 , and ending on
042467 , and that said newspaper was regulary
distributed to its subscribers during all of this period
07,
Notary public in and for the State of Wash-
ington, residing at Kennewick
COMMISSION EXPIRES ..=2 --‘ —7‘)
ORDINANCE NO 2643
AN ORDINANCE cre-
ating the revolving loan
fund
WHEREAS, City Council
hasl earlier created the Re-
volving Loan Program
through the Community De-
velopment Block Grant Pro-
gremlin order to provide low
Interest loans for the ex-
pansion of local business
and
WHEREAS, a separate
fund is needed to assure
that payments from borrow-
ers is not commingled with
other block grant income
NOW THEREFORE
THE CITY COUNCIL OF
THE CITY OF PASCO,
WASHINGTON DO OR-
DAIN AS FOLLOWS
SECTION 1 A fund to
be known as the "Revolv-
ing Loan Fund" is hereby
created for the purpose of
separately accounting for
the funds and income of the
Community Development
Block Grant Revolving
Loan Program
SECTION 2 This Ordi-
nance shall take effect five
(5) days after passage and
publication
PASSED this 20th day of
April 1987
-s- Joe Jackson
Mayor
ATTEST
-s- Evelyn Wells
City Clerk
APPROVED AS TO FORM
-s- Greg A Rubstello
City Attorney
LEGAL NO 002681 -
April 24, 1987
- — - —
April 21, 1987
Tri City Herald
P.O. Box 2608
Pasco, Washington 99302
Attn: Rochelle
Dear Rochelle:
Please publish Ordinance No. 2643 on the following date:
April 24, 1987
Please send two (2) Affidavits of Publication for each.
Sincerely yours,
Evelyn Wells
City Clerk
ew