161RESOLUTION NO.J (?I
A RESOLUTION of the Council of the City of Moses
Lake,Washington,agreeing to fix rates and
charges for gas sold.
WHEREAS,the City Council has heretofore sold $1,200,000
of its gas revenue bonds pursuant to Ordinance No.3^-0,adopted
September 3 ,1957,and prior to the adoption of this resolution;
and
WHEREAS,this Council has been informed and believes that
the purchasers of said bonds will be assisted in reselling the same
by the adoption of this resolution;
NOW,THEREFORE,BE IT RESOLVED by the Council of the City
of Moses Lake,Washington,as follows:
The City Council hereby agrees with the owners and holders
of the bonds of the above mentioned issue that it will adopt an
ordinance fixing rates and charges for gas to be sold by the city
and make such ordinance effective before the gas system of the city
is put into operation and gas service commenced,which rates and
charges will be not less than those set forth in the feasibility
report of Porter,Barry &Associates to the city,and which rates
will be sufficient to meet the requirements of said Ordinance No. 340.
PASSED by the Council of the City of Moses Lake and approved
by its Mayor at a special meeting of said Council held this ^day
of September,1957,after notice thereof given as required by law.
CITY OF MOSES LAKE,WASHINGTON
Mayor
ATTEST:
City C]ity Clerk