HomeMy WebLinkAboutRESOLUTION 1976-01~ /..
CITY OF KENAI
RESOLUTION NO. 76-1
WHEREAS , the City of Kenai is required to furnish a supersedeae bond to
secure payment of judgment in order to proceed ~ivith the appeal in the
Filler v. City, and
WHEREAS, the terms of the bond which the City must post require that
;60, 000 of its Capital Improvement Fund be segregated and placed in a
separate account.
NOW THEREFORE, 'BE IT RESOLVED BY THE COUNCIL OF THE CI'!'Y OF
KENAI , ALASKA that:
Two accounts in the amount of X30,000 each be established
at First Federal Savings and Loan at Kenai , Alaska , in the
name of the City of Kenai, for the express purpose of
satisfying the terms of the supersedeas bond posted by the
City in the case of George Filler v. City of Kenai
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA this 7th day
of January, 1976.
ATTEST:
Su C. Peter, City Clerk
CITY OF KENAI
C~c~~~
ESA. ELSON, MAYOR
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