180R E S 0 L U T I 0 N 3±
WHEREASj there were not sufficient Eunds in the City of Moses
Lake General Obligation Bond No.5 Redemption Fund on December 30,
1958,to pay interest coupons due in December,1958,and
WHEREAS,the City Treasurer paid the Interest coupons which
were due from the General Obligation Bond No.5 Redemption Fund
from the General Obligation Bond No. 4 Redemption Fund, said sum
being in the amount of $4,000*00;
NOW,THEREFORE, BE IT RESOLVED,that the action of the City
Treasurer in paylig the General Obligation Bond No. 5 Redemption
Fund coupons from the General Obligation Bond No.4 Redemption Fund
is hereby affirmed, and at such time as there Ls sufficient tax
money recsLved by the City of Moses Lake,the sum of $4,000.00 shall
be repaid General Obligation Bond No,4 Redemption Fund.
PASSED by the City Council and APPROVED by its Mayor this <=£.J
day of January, 1959.
Attest:
^
City Clerk
Approved as to Form:
M~f-
City Attorney
MAYOR