1336_00001ORDINANCENO.1335
AN ORDINANCEAMENDINGORDINANCENO.1282
THECITY COUNCILOF THE CITY OF MOSESLAKE,WASHINGTON00 ORDAINAS FOLLOWS:
Section 1.
I 1.The Moses Lake City Council passed Ordinance No.1282 which provides forinterimfinancingforLIO#55 on August 11,1987.
2.Seattle First National Bank has agreed to extend the interim financingforLID#55 at the rate of 7.1%per annum for a period of three monthsfromtheexpirationofthecurrentterm.The registered warrant issuedtoSeattleFirstNationalBankforLID#55 for interim financing is dueAugust24,1988.
Section 2.The interim financing for LID #55 is extended for a period ofthreemonthsfromAugust4,1988 or until the project is completed.
Section 3.Ordinance No.1282,by this reference,is included as a part ofthisordinanceinalltermsandrespectsexceptasprovidedforbythisamendment.
Section 4.The City Council declares that an emergency exists and this or-dinance shall take effect and be in force five (5)days after its passage andpublicationasprovidedbylawupononereadingif2/3 of the entire CityCouncilpresentvoteinfavorofpassage.
AAdoptedby the City Counc
M
Finance Director
APP ED AS TO FORM:
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