HomeMy WebLinkAbout2059 ResolutionJ C eFELICE
or
ATTEST
ATHERINE D SE AN
Deputy City Clerk
APPROVE D AS TO ORM
tie 111/30
A RUBSTELLO
orney
RESOLUTION NO. acxs -
A RESOLUTION declaring the Pasco City Council's support of interest-
free loans by the United States Treasury to tax-supported bodies for
the purpose of funding capital projects and for paying off existing
debts.
WHEREAS, the City Council of the City of Pasco, Washmgton, must from
time to time issue bonds to finance capital projects that are necessary to insure
the health and welfare of the citizens of the City of Pasco, and
WHEREAS, the City Council of the City of Pasco recognizes the fact
that the cost of interest for bonds issued to fund capital projects is a great
burden on the taxpayers of the City of Pasco, Now, Therefore,
THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON, DOES
RESOLVE AS FOLLOWS:
The City Council does hereby request that the United States
Congress instruct the Umted States Treasury to create and issue
mterest-free loans to tax-supported bodies for the purpose of
funding capital projects and for paymg off existing debts
PASSED by the City Council of the City of Pasco, at a regular meeting this
1st day of February, 1993
DeJtet,(2e_