134^^
RESOLUTION NO .;a^
A RESOLUTION of the Council of the City of
Moses Lake,Washington,creating a con
struction fund for Local Improvement
District No.6 of the city for the purpose
of paying all of the costs of improve
ments to be constructed and installed in
said Local Improvement District,including
all costs incidental thereto,and con
firming the sale of bonds and warrants of
said local improvement district.
WHEREAS, by proceedings duly and regularly taken,
the city has created Local Improvement District No.6,and
authorized the construction and installation of certain
improvements therein;and
WHEREAS,said firm has agreed to purchase all of the
interim construction warrants drawn on the Local Improvement
District No. 6 Fund and all of the bonds of said district when
same are issued;and
WHEREAS,it is necessary and desirable that the
money received by the City from the sale of said warrants be
placed in a special construction fund and used to pay the costs
of construction and installation of said improvements,including
monthly estimates due the contractors,and all incidental costs
of the local improvement district;and
WHEREAS,it is necessary that such special fund now
be created for said purpose;
NOW,THEREFORE,BE IT RESOLVED by the City Council
of the City of Moses Lake,Washington,as follows:
Section 1.That the action of the City Council in
accepting the proposal of ^y^^-^-^^oU.^do
to purchase all of the interim construction warrants and bonds of
Local Improvement District No.6,be and the same is hereby in
all respects ratified and confirmed.
Section 2.That there be and is hereby created a
special fund of the City to be known as "Local Improvement
District No. 6 Construction Fund."All monies received from
the sale of warrants drawn on the Local Improvement District
No.6 Fund shall be placed in said special construction fund
and shall be used solely for the purpose of paying all the
costs of construction and installation of the improvements
authorized in said local improvement district,including all
costs and expenses incidental thereto.
PASSED by the Council of the City of Moses Lake,
Washington, and approved by its Mayor at a regular meeting of
said Council held on the cQ *f day of July,1956.
CITY OF MOSES LAKE,WASHINGTON
By ^^V^v^s(\v^Lv^r-
^ffiayor
ATTEST:
City Clerk