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RESOLUTION NO. 431
BE IT RESOLVED that Resolution No. 352 passed and apprDved by
the Common Council of the City of Seward, Alaska, on the 19th
day of December, 1963, which authorized acceptance of }~rshall
and Meyer, Inc. 's December 18, 1963 offer to purchase $135,000.
street improvement general obligation bonds to be issued by the
City of Seward, be and is hereby rescinded following sale of
the bonds and subsequent repurchase by the City following the
March 27, 1964 earthquake and seismic waves which caused post-
ponement of the work to be financed by the bond sale and the
mutually agreeable repurchase.
This Resolution to be in full force and effect immediately upon
passage and approval. Passed and approved by the Common
Council of the City of Seward, Alaska, this / .r~ay of V18rch,
1965.
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,
Perry R. Stockton
}~yor
Attest:
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eatrice E. Watts
City Clerk-Treasurer