HomeMy WebLinkAbout2930 An Ordinance of the City of Bremerton, Washington, providing for
the appropriation of $44,904.19, to the Parking Revenue Bond Fund for payment
of interest to become due on May 1, 1971, on the Parking Revenue Bon~s 1970
of the City of Bremerton, Washington, and the appropriation of $792,163.65,
to the Off-Street Parking Construction Fund to be used solely for the purpose
of paying the costs of acquiring, constructing and installing the off-street
parking facilities, as authorized by Ordinance No. 2915, including the costs
of issuance of the Bonds, and declaring an emergency.
~olEREAS, by Ordinance No. 2915 passed October 21, 1970, a plan
was adopted for the acquisition, construction and installation of certain
additional off-street parking facilities and the financing thereof; and
WHEREAS, by Ordinance No. 2916'passed and approved October 21,
1970, providing for the issuance and sale of Revenue Bonds in the
aggregate amount of $1,025,000.00; ~and
WHEREAS, said bonds have been sold, making available the sum
of $992,579~19; and
WHEREAS, the sum been expended to redeem
outstanding Registered Warra ~ the? system, NOW, THE~FORE,
THE CITY OF BREMERTON D~ES ORD~N:j .
Sec. 1. Thatlthere~ ropriated the sum of
$44,904.19 to the Parking the sum of $792,163.65
to the Off-Street Parking Con: or the purposes as
established and provided in and 2916;
Sec. 2. An e~ergency exists and this Ordinance is necessary
for the immediate preservation of the public peace, health and safety
in the City of Bremerton, and for ~he pur~§~ of general welfare, and
the same shall take effect immedi~ely~i~i~wing passage and publication.
Passed and approved unanimoUs~'~'.by ~he City Council of the
in authentication of such passage this . ay of ,
1970.
~TTE ST:
ty Clerk