HomeMy WebLinkAboutR-0798 - Establishing interest rates for warrants to be issued to pay the costs of improvements on the Island crossing Local Improvement DistrictCITY OF MARYSVILLE
CITY OF MARYSVILLE as follows:.
thereof provides
rate ~or warrants to be issued for the construction
o FORM:
,-,
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE
A
."
ADOPTED BY THE CITY COUNCIL OF THE CITY OF MARYSVILLE this
!tJ!I,j day of September,1973.
I ~'\J,_~!4
i WHEREAS,Ordinance No.797 established the Island Crossing
RESOLUTION OF THE CITY OF MARYSVILLE ESTABLISHING
INTEREST RATES FOR WARRANTS TO BE ISSUED TO PAY THE
COSTS OF IMPROVEMENTS OF THE ISLAND CROSSING LOCAL
IMPROVEMENT DISTRICT
RESOLUTION NO.~
BY~A~d
AP
Local Iniprovement District and Section No.!J
'~I -J'•
,.
that the interest
ATTEST:
costs ~hall be determined by Resolution,
Section 1..Th a't i t he interest for warrants to be issued for
the cost of improvements for the Island Crossing Local Improvement
District as provided In Ordinance No.797 shall be and the same is
hereby established at the prevailing market at the time of issuance
of the warrants,but not to exceed a maximum of 7 1/2%.