HomeMy WebLinkAboutRes1968-722
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RESOLUTION NO. 722
WHEREAS; the City Council of The City of Seward, Alaska, has authorized
in:erim financing and the issuance of General Obligation Bonds to finance purchase
of equipment and construction to house same which is to be leased to the Alaskan
Scallop Processor's, Inc. ~ and
WHEREAS; the National Bank of Alaska has submitted their proposal on $108,000.
of Bond Anticipation Notes as stated in their letter of June 6, 1968;
NOW THEREFORE BE IT RESOLVED, by the City Council of The City of Seward,
Alaska, that the proposal of the National Bank of Alaska is hereby accepted and
that Kester L. Dotts, City Manager, is hereby authorized to execute said notes.
This resolution shall become effective immediately upon its passage and approval.
Passed and approved by the City Council of The City of Seward, Alaska, this
15th
day of
July
, 1968 .
/flJ, ~L:(
R. W. Kirkpa ck
Mayor