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HomeMy WebLinkAbout1757 ResolutionN WELLS, City Clerk LO, City Attorney GRE RESOLUTION NC)_ 1757 A RESOLUTION amending Resolution No 1756 and relating to financing of the Golf Course Clubhouse Project WHEREAS, Resolution No 1756 authorizes a loan not to exceed $270,000, said figure being fixed on the basis of the architect's estimate; and WHEREAS, the lowest responsible bid for the project has fixed the actual cost at $275,000, and WHEREAS, it is prudent to establish a contingency reserve for construction projects and, in particular, for remodel proiects such as the clubhouse project, and WHEREAS, the Fire Pension Board has authorized the maximum loan amount fixed by Resolution No 1756 to be increased to $290,000; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON, DO ORDAIN AS FOLLOWS Section 1 The maximum loan amount set forth in Section 1 of Resolution No 1756 is hereby amended to be $290,000 PASSED this 13th day of October, 1986, ATTEST APPROVE I AS TO FORM \