HomeMy WebLinkAboutResolution 31-26RES OLUTi ON A resolution authorizin6 ti~_e payment of ,.'an Emer6ency Debt Certificate out of the Sinkino Fm'~_d. Whereas the City of CoE-~:~bia Heights has issued an Emer6encĀ„ Debt ~ertificate i,a the amount of :~s5o0.00 to pay the --awards for the construction ;~nd extension of Ilaiv}rsity Avenue N.E., and, Whereas said Emer6ency Debt Certificate bec2mes due on Yanuary l, 1932~ and, Whereas, %he r..-',oney to pay said Emer~ien~y Debt Cert~_fic,::te is r~ot yet available, and, Whereas , said certificate is a valid debt a.-6ainst the City of Cotm~_~bia i!eights, and Whereas there is sufficie~'~_t money in the Sinkin6 Fund to pay said Certificate, Now Therefore Be it Resolved, that said E~uergency Debt Certificate be paid cut of the Sinkin~ Fund, which amsunt is to be refunded to the Sinkin6 Fund when the fiN_ney raised for thi. t purpose beco;kes available. Passed by the Cou~cit Filed ane Recorded