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HomeMy WebLinkAboutOrd1994-053 . . . Sponsored by: Murphy Introduction Date: 11/28/94 Public Hearing Date: 12/12/94 CITY OF SEWARD, ALASKA ORDINANCE NO. 94-53 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, REPEALING SEWARD CITY CODE, CHAPTER 5.10, ECONOMIC DEVELOPMENT BONDS WHEREAS, many of the provisions of Seward City Code Section 5.10 are obsolete; and WHEREAS, this Chapter could be recreated at some later date by including current and more transaction-specific provisions in the event of a future economic development financing through the City; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA HEREBY ORDAINS that: Section 1. Seward City Code Chapter 5.10, Economic Development Bonds, is hereby REPEALED. Section 2. This ordinance shall take effect ten (10) days following its enactment. ENACTED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, this 12th day of December, 1994. THE CITY OF SEWARD, ALASKA &\v'€- l~::. C"-M'-Q ./ Dave W. Crane Mayor AYES: NOES: ABSENT: ABSTAIN: Anderson, Crane, Darling, Deeter, King, O'Brien, Sieminski None None None . . . CITY OF SEWARD, ALASKA ORDINANCE NO. 94-53 ATTEST: (City Seal) APPROVED AS TO FORM: Wohlforth, Argetsinger, Johnson & Brecht, Attorneys for the city of Seward, Alaska ~r~ City Attorney -2-