Ordinance 2336WDT:m]]r
12/7/82
ORDINANCE NO. 2336
AN ORDINANCE OF THE CITY OF EDMONDS, WASH-
INGTON, AUTHORIZING THE FINANCE DIRECTOR TO
BORROW MONIES AND ISSUE INTEREST -BEARING
WARRANTS FOR PAYMENT OF ACQUISITION OF A
FIRE TRUCK.
WHEREAS, the City of Edmonds has purchased a fire
truck for use in fire suppression, and
WHEREAS, a means of interim financing is necessary,
now, therefore,
THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON,
DO ORDAIN AS FOLLOWS:
Section 1. The Finance Director is hereby authorized
to borrow monies as needed to provide the necessary funds for
the acquisition and purchase of a fire truck. The term of
said financing shall not extend beyond August 1, 1983, and
the interest shall not exceed 9.75 percent per annum. The
total amount of said loan shall not exceed the sum of eighty
thousand seven hundred dollars ($80,700.00).
Section 2. The Finance Director is authorized to
issue interest -bearing warrants in conformance with the
authorization contained in Section 1 of this ordinance to
such financial institution selected to provide said interim
financing. Said warrants are to bear interest at a rate not
to exceed 9.75 percent per annum and shall be issued for a
period not to extend beyond August 1, 1983. The total amount
-1-
of said warrants shall not exceed the sum of eighty thousand
seven hundred dollars ($80,700.00).
Section 3. The warrants shall be paid from the
Anderson Cultural Center Fund No. 336 and/or other City funds
legally available for this purpose.
Section 4. This ordinance shall be in full force and
effect five (5) days after passage and publication by posting
as provided by law.
APPROVED:
MAYOR, H. H. HARRISON
ATTEST/AUTHENTICATED:
-41
nz4izz do�n�
CITY CLERK, IRENY VARNEY MORAN
APPROVED AS TO FORM:
OFFICE OF THE CITY ATTORNEY:
IN
FILED WITH THE CITY CLERK: December 7, 1982
PASSED BY THE CITY COUNCIL: December 7, 3.982
POSTED: December 8, 1982
EFFECTIVE DATE: December 13, 1982
-2-
AFFIDAVIT OF POSTING ORDINANCE
STATE OF WASHINGTON
ss:
COUNTY OF SNOHOMISH
IRENE VARNEY MORAN
, being first duly sworn
on oath deposes and says that S he is over the age of eighteen (18)
years and is competent to testify as to the matter stated herein.
There is no official newspaper or other newspaper printed and
published within the City. In accordance with RCW 35A.12.160, on
the 8 day of December ► 1982, affiant posted true and
correct copies of the attached Ordinance No. 2336, passed by the
City Council on the 7 day of December , 1982, at the
official posting places for City notices which are the public
bulletin boards at the following locations:
Edmonds Civic Center
250 Fifth Avenue North
Edmonds, Washington 98020
Edmonds Public Library
Civic Center, 250 Fifth Avenue North
Edmonds, Washington 98020
Edmonds Branch of United States Post Office
201 Main Street
Edmonds, Washington 98020
DATED this 8 day of December , 19 82.
I�
SUBSCRIBED AND SWORN to before me this day of
19 �Z
No dry IPublic in and for the
State of Washington, residing
at K.��Lc� L�