HomeMy WebLinkAbout1958-B-2147 16
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ORDINANCE NO. 73-2147 fnci"
AN ORDINANCE authorizing and directing the City Treasurer to deliver gen-
eral obligation airport bonds to the State P'inance Committee
of the State of Washington and to receive payment therefor
and declaring an emergency.
WHEREAS, on the 4th day of December, 1957, the City Commiss-
ion passed and approved. Ordinance No. B-2101, authorizing the issuance of
general obligation airport bonds by the City of Yakima in the sum of
$35,000.00 for the purpose of paying the unpaid costs and expenses due in
connection with the recent municipal airport improverents and for the pur-
pose of acquiring the necessary rights of way for the installation of an
approach lighting system at the Yakima Municipal Airport; and
WHEREAS, pursuant to notice of sale heretofore given, bids
for the purchase of said bonds were duly received on the 29th day of
January, 1958, and that said bonds were sold to the State of Washington,
acting through the State Finance Committee; and
WHEREAS, said bonds have been approved by said State Finance
Committee and they now being ready for delivery, NOW, THEREFORE,
BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF YAKIMA:
Section 1. That the City Treasurer is hereby authorized and
directed to forthwith deliver to the State Finance Committee of the State
of Washington general obligation airport bonds of the City of Yakima,
series of 1958, Nos. 1 to 35, inclusive, in the sum of $35,000.00, which
bonds bear the date of January 1, 1958, and the City Treasurer is hereby
authorized to receive payment for said bonds from the State Finance Comm-
ittee pursuant to the terms of the bids submitted hy said committee on
behalf of the St of Washington,
Section 2. That upon receipt of payment for said bonds, the
City Treasurer is hereby authorized and directed to deposit said proceeds
in the Municipal Airport Improvement Fund.
II
Section 3. This ordinance is one to provide for the immed-
iate preservation of the public peace, property, health and safety of
the people of the City of Yakima; and an emergency is hereby declared to
exist; and said ordinance shall be in full force and effect immediately
upon its passage, approval and publication as provided by law and the
City Charter.
PASSED BY THE CITY COMMISSION, signed and approved this 13th
day of March, 1958.
ATTEST: J.A. SMITH ( S E A L ) JOE K. ALDERSON
CITY CLERK MAYOR
I hereby certify that the foregoing is a true, full and correct
copy of Ordinance No. B-2147 entitled AN ORDINANCE authorizing and
directing the City Treasurer to deliver general obligation airport
bonds to the State Finance Committee of the State of Washington and to
receive payment therefor and declaring an emergency.", as passed on the
13th day of March, 1958, and that the same has been published as required
by law.
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C YCLER