HomeMy WebLinkAboutR-1993-030 City Clerk / BondsRESOLUTION NO. R-93-3 0
A RESOLUTION of the Council of the City of
Yakima, Washington authorizing the Clerk of
the City to correct a clerical mistake
occurring on page 3, in Section 2 of
Ordinance No. 93-11 of the City.
WHEREAS, by Ordinance No 93-11 of the City of Yakima,
Washington, (the "City") adopted on March 23, 1993, the City
authorized the issuance and sale of its Limited Tax General
Obligation Bond, 1993, (the "Bond") in the aggregate principal
amount of $200,000 for the purpose of financing the City's Home
Preservation Program; and
WHEREAS, by Ordinance No. 93-11, the City accepted the
offer of Pioneer National Bank to purchase the Bond; and
WHEREAS, the City specified that the date of the Bond be
April 1, 1993 and that interest on the Bond be payable
semiannually each year until the principal of the Bond was paid
and that the Bond mature on April 1, 2003; and
WHEREAS, in the preparation of Ordinance 93-11 a
typographical error occured on page 3, in Section 2, which
provided that one of the interest payment dates on the Bond would
be November 1 rather than October 1; and
WHEREAS, Ordinance 93-11 should be corrected nunc pro tunc
to reflect the City's intent to pay semi-annual interest on the
Bond on October 1 and April 1 of each year until maturity; and
WHEREAS, the error which was made was a clerical mistake and
can be corrected as set forth herein,
NOW, THEREFORE, BE IT RESOLVED by the City of Yakima,
Washington as follows
Section 1. The Clerk of the City is hereby
authorized to correct Ordinance No. 93-11 of the City nunc pro
tunc either by interlineation in the existing Ordinance, or by
the substitution of a corrected page containing the following
correction only, in the following particulars
On page 3, in the first paragraph of Section 2,
substitute the word "October" for the word "November"
where it now appears.
•
ADOPTED by the Council of the City of Yakima, Washington, at
a regular meeting thereof, this 19-514 day of April, 1993.
ATTEST
By c_
City Clerk
J L.P.AC,..25739-00 00404R14K DOC
CITY OF YAKIMA, WASHINGTON
By QZ2--t
Mayor