HomeMy WebLinkAboutRESOLUTION 1984-1261
Suqqested by: Administration
CITY OF KENAI
RESOLUTION N0. 84-126
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
AUTHORIZING THE FINANCE DIRECTOR TO EXECUTE THE LOAN AGREEMENT
WITH THE ALASKA MUNICIPAL BOND BANK RELATING TO A SALE OF GENERAL
OBLIG ATION BONDS IN THE AMOUNT OF $2,850,000.
WHEREAS, pursuant to Ordinance No. 972-84 and Resolution No.
84-122, the Mayor of the City of Kenai has been authorized to
execute and cause to be delivered the Loan Agreement with the
Alaska Municipal Bond Bank, and
WHEREAS, the Mayor may be unavailable at the time of the bond
closing.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that the Finance Director be authorized to execute
and cause to be delivered on behalf of the City the Loan Agreement
with the Alaska Municipal Bond Bank, pursuant to Ordinance No.
972-84 and Resolution No. 84-122.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 3rd day
of October, 1984. ,j _
ATTEST:
ne helan, City Jerk
Approved by Finance: ~^
TOM WAGONER, MAYi(IR