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ORDINANCE NO. 5 3 5 8 <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF AUBURN, <br />WASHINGTON, APPROVING THE FORMATION OF THE VALLEY <br />COMMUNICATIONS CENTER DEVELOPMENT AUTHORITY. <br />WHEREAS, pursuant to motion, this City Council has approved the <br />Valley Communications Center Agreement (the "Interlocal Agreement"), to be <br />executed between and among the Cities of Auburn, Federal Way, Kent, Renton <br />and Tukwila (collectively, the "Cities") providing for consolidated emergency <br />communications services through an enterprise known as the Valley <br />Communications Center; and <br />WHEREAS, the Interlocal Agreement contemplates that the Cities, <br />collectively, under the Interlocal Agreement will acquire land and acquire, <br />construct and equip a facility for the operations of the Valley Communications <br />Center (the "Project"); and <br />WHEREAS, the Cities also are considering the formation of a public <br />authority for the purpose of issuing and servicing bonds in order to provide for <br />the financing of the Project; and <br />WHEREAS, the City of Kent will act as the host city for the formation, <br />subject to the approval of each of the other Cities; <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN, <br />WASHINGTON DO ORDAIN AS FOLLOWS: <br />---------------------------- <br />Ordinance No. 5358 <br />April 17, 2000 <br />Page 1