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HomeMy WebLinkAbout927 RESOLUTION NO. '~',Zy ,,, WHEREAS, the City of Bremerton has heretofore submitted to h~ashington Toll Bridge Authority general plans and specifications of the proposed Port Washington Narrows Project; and, WHEREAS, the City Council of the City of Bremerton has under- taken to secure necessary property and rights-of-way for said Project; and, WHEREAS, Washington Toll Bridge Authority, pursuant to the recommlendations of said City Council, has employed engineers and appraisers in connection with said Project; and, WHEREAS, said City Council has heretofore approved the general financing plan for said project, as submitted by A. C. Allyn & Company, Incorporated; and, WHEREAS, A. C. Allyn & Company, Incorporated has submitted to the City Council the final financing plan for said Project which is set forth in the proposed Official Statement annexed hereto as Exhibit A, the proposed RESOLUTION annexed hereto as Exhibit B, and the proposed Notice of Sale and Bid Form annexed hereto as Exhibit C, and has submitted a firm agreement to submit a bid at the sale of said bonds annexed hereto as Exhibit D; NOW, THERm~FORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BRE~RTON: Section 1. City Council hereby approves the attached pro- posed Official Statement marked Exhibit A and recommends that Washington Toll Bridge Authority adopts same as the Official Statement. Section 2. The City Council hereby approves the proposed RESOLUTION attached hereto marked Exhibit B and the proposed Notice of Sale and Bid Form annexed hereto as Exhibit C, recommends that Washington Tol~ Bridge Authority adopts same. -1- Section 3. The City Council approves the firm agreement of A. C. Allyn & Company, Incorporated submitted herewith to bid on the proposed Port Washington Narrows Project Bridge Revenue Bonds as being in full compliance with their agreement with the City of Bremerton, accepted June 10, 1953, as amended and heretofore approved by Washington Toll Bridge Authority and hereby submits said ~irm agreement to bid to Washington Toll Bridge Authority. Section 4. The City Council ratifies all of its former actions and those of Washington Toll Bridge Authority in connec- tion with the construction and financing of said project and recommends that the Authority advertises for bids on the bonds as provided in the RESOLUTION: said bids to be received August 6, 1956. Section ~.~ The City Council requests Washington Toll Bridge Authority to take action as promptly as possible in order that final engineering and design may proceed. PASSED by the City Council of the City of Bremerton, signed by the Mayor and attested by the City Clerk in authentication of such passage this 18th day of July, 1956. ATTEST: ~. ~ T/~."~' c ~WAZN~,~C i~l e r k This is to certify that the above and foregoing is a true and correct copy of Resolution No. 92? of the City of Bremerton. [.H.T. NcGOWA~i', C~ty Clerk -2-