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HomeMy WebLinkAbout142 RESOLUTION NO. 142 A RESOLUTION OF THE CITY OF AUBURN, WASHINGTON,. TRANSFER ING THE SUM OF $2,,•500.00 FROM TIIE "PARKING METER FL1Nff OF THE CITY OF AUBURN TO "LOCAL IMPROVEMENT FUND, DISTRICT NO. 155", ON A LOAN BASIS, TO PROVIDE NECESSARY FUNDS FOR ADVANCE PAYMENTS DUE IN LOCAL IMPROVEMENT D T.iSTR 1 CT NO. - 1`55 0 WHEREAS, 'it has become necessary to transfer certain budgeted funds within the 1964 Budget of the City of Auburn, to provide necessary funds .. for the advance,= payments presently due in Local Improvement District No.. 155 of the City; and•, WHEREAS, the City Council of the City of Auburn has det.erm i ned that such transfer wi 1 I be -in the best interest of the cit izens of the City of Auburn; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBUI?N, WASHINGTON, DO RESOLVE AS FOLLOWS : Section 1 . That the City Clerk is hereby authorized and directed to transfer the sum of 4,500.00 from the "Parking Meter Fund" of the City of ,Auburn -to the "Local Improvement Fund, District No, 155" of the City of Auburn, on a loan basis, to provide necessary funds for the advance payments presently due in said local improvement district . Section 2 . . That that sum transfered hereinabove, including accrued interest at the rate of 3% per annum, shall be re-paid to the "Parking Meter Fun'd" of the City of Auburn as 'soon as mon ie.s therefor , become ava i I a- ble from the sale of bonds in the 'Local Improvement District No. 155, pursuant to the provisions of Ord in'ance 'N6. 1652 of the ordinances of the City of Auburn, Washington., as amended. DATED AND SIGNED this 2nd day of March, 1964. CITY OF AUBURN (7 By By __ �. c-�.�, M A Y 01H ATTE �'T: City ZAerk STATE OF WASHINGTON ss County of King I , Elisabeth Heritage , the duly elected, qualified and acting City Clerk of the City of Auburn, a municipal corpora- tion of the third class, situate in the County of King, State of Washington , do hereby certify that the foregoing is a full , true and correct copy of Resolution No. 142 , entitled, A Resolution OF THE CITY OF AUBURN, WASHINGTON, TRANSFERING THE SUM OF $21500.00 .FROM THE "PARKING METER FUND" OF THE CITY OF AUBURN TO "LOCAL IM- PROVEMENT FUND, DISTRICT NO. 155", ON A LOAN BASIS, TO PROVIDE NECESSARY FUNDS FOR ADVANCE PAYMENTS DUE IN LOCAL IMPROVEMENT DISTRICT NO. 155 , 1 further certify that said Resolution No. .142 was duly passed by the Council and approved by the Mayor of the said The City of Auburn, on the 2nd day of March I A . D. 19 64. Witness my hand and the official seal of the City of Auburn, this 19th day of March A • D•� '119, 64 .;r_�YN CLERK of the MTY`OF AUBURN L •� I fr `