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HomeMy WebLinkAboutRes1968-703 I" ATTACHED TO AND MADE A PART OF TH MINUTES OF THE SEWARD CITY COUNCI: VOLUME 13, AGE 225/:14 ames R. Flllp, THE CITY or SE~, ALAS~ city Clerk-Treasurer RESOLUTION NO. 703 BE IT RESOLVED that the NATIONAL BANI< OF ALAS~ at Anchorage, Alaska, shall be the paying and receiving agent for the special account of The City of Seward, Alaska to be known as the "City of Seward, 1967 Small Boat Harbor zmprovements General Obligation Bond and Interest Sinking Pund Account", which shall be a trust fund to be solely for the secur- ity and payment of the principal of and interest on the 1967 small Boat Harbor Improvements $162,000 General Obligation Bond Issue, as the same shall become due as provided for by Resolution No. 666 of 'l'he City of Seward passed and approved the 4th day of October 1967, and BE IT FUR'tBER RESOLVED that said payin9 and receiving agent is hereby instructed to honor all checks drawn on the above named account when b"ZY /))~OllorlD9 Ke.ter L. Dotts authorized signatures. ~~~4? James R. Pilip :B/~./~ w /7/?/r Burton W. Baugh This Resolution shall be effective on the date of passage and approval. Passed and approved by the City Council of The City of Seward on the 27th day of May, 1968. R. Attest. ~--A-/4 c.-~J :2 k' -h C~- Beatrice B. Watts City Clerk-Treasurer Received by the National Bank of Alaska, Anchorage, Alaska, this 17th ~ay of June , 1968. Assistant Vice President Title