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DATE: October 15, 1981
INTRODUCED BY Roehl
PROPOSED BY DID No. 31
RESOLUTION NO. 81 -45
A RESOLUTION of the County Council of Whatcom
County, Washington, authorizing the issuance of an
interim warrant for the purpose of financing part
of the cost of improvements in Consolidated
Drainage Improvement Distict No.. 31.
WHEREAS, the County Council of Whatcom County, Washington,
has by Resolution 81-21 finally adopted on July 2, 1981
ratified and approved the Johnson Creek Watershed Improvement
Project (the "Project ") within Consolidated Drainage Improvement
District No. 31 (the "District ") and has provided for the
issuance of interim warrants pending the issuance of bonds of the
Distict; and
WHEREAS, the Board of Supervisors of the District has
received and approved by resolution vouchers for a portion of the
costs of construction of the Project, which vouchers have been
verified by two members of the Board of Supervisors; and
WHEREAS, it is now necessary and desirable to approve the
issuance of an interim financing warrant pursuant to said
Resolutions of the Council;
NOW, THEREFORE, BE IT RESOLVED by the County Council of
Whatcom County, Washington, as follows:
An interim warrant for financing part of the cost of
improvements in the District is hereby approved as follows:
Warrant No. unknown at this time
Amount $ 8.444.31
Interest Rate 11.7 %
Northwestern
Purchaser Commercial Bank
Aggregate Amount of invoices $ 19,955.64
attached $ 8,444.31
Proceeds of the warrant shall be applied to the payment of
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the costs and expenses of the Johnson Creek Watershed Project as
evidenced by the invoices presented by the Board of Supervisors
of the District.
ADOPTED this 15th day of October , 1981.
WHATCOM COUNTY COUNCIL
WHATCOM COUNTY, WASHINGTON
ATTEST:
By
Joan Ogden, County Auditor
and ex officio Clerk of the
County Council
Shirley Vati Zantdn
Chairman and Council Member