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