HomeMy WebLinkAbout03-27-1995 MinutesMINUTES
PASCO CITY COUNCIL
SPECIAL MEETING MARCH 27, 1995
CALL TO ORDER
The meeting was called to order at 7 30 P M by Joyce DeFehce, Mayor
ROLL CALL
By Administrative Assistant Councilmembers present Joyce DeFelice,
Edgar Hargrow, Chris Jensen, Dan Lathim, Charles Kilbury, and Carl
Strode Councilmember(s) absent Mike Gamson Also present Greg
Rubstello, City Attorney, Dan Underwood, Finance Director, Bob Alberts,
Public Works Director, Don Francis, Police Chief, Greg Garcia, Fire
Chief, Richard Smith, Community & Economic Dev Director, and Kurt
Luhrs, Administrative Assistant
NEW BUSINESS
Baseball Stadium Project Bond
ORDINANCE NO. 3077
AN ORDINANCE OF THE CITY OF PASCO, WASHINGTON,
RELATING TO CONTRACTING INDEBTEDNESS,
PROVIDING FOR THE ISSUANCE OF $1,550,000 PAR
VALUE TO LIMITED TAX GENERAL OBLIGATION BONDS,
1995, OF THE CITY FOR GENERAL CITY PURPOSES TO
PROVIDE FUNDS WITH WHICH TO PAY PART OF THE
COST OF ACQUIRING, CONSTRUCTING AND EQUIPPING
THE CITY'S NEW SPORTS STADIUM, INCLUDING AN
ADJOINING PARKING LOT SERVING THE STADIUM AND
THE CITY'S PUBLIC SOCCER COMPLEX, FIXING THE
DATE, FORM, MATURITIES, INTEREST RATES, TERMS
AND COVENANTS OF THE BONDS, ESTABLISHING AN
ACQUISITION FUND, AND APPROVING THE SALE AND
PROVIDING FOR THE DELIVERY OF THE BONDS TO
SEATTLE-NORTHWEST SECURITIES CORPORATION OF
SEATTLE, WASHINGTON
MOTION Ordinance No 3077, was read by title only Mr Lathim moved
to adopt Ordinance No 3077, authorizing issuance of $1,550,000 of
limited tax general obligation bonds Mr Kilbury seconded the motion
Motion camed by unanimous roll call vote
ADJOURNMENT
No further busmess, the meeting was adjourned at 7 40 p m
elice, Mayor
ATTEST
PASSED and APPROVED this 3 day of A nl , 1994