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Resolution No. 68-21 RESOLUTION AUTHORIZING AND RATIFYING LOAN FROM SEWAGE DISPOSAL FUND TO THE "O.E.A. SEWER IMPROVEMENT FUND" AND PROVIDING FOR THE REPAYMENT THEREOF WHEREAS, PURSUANT TO 294.460 O.R.S., a loan from any fund of the City (other than funds created for the purpose of retiring indebtedness ) to any fund of the City may be properly authorized by resolution of the City Council.; and WHEREAS, the following sum has heretofore been loaned from the following described fund of the City to the "O.E.A. Sewer Improvement Fund" pending sufficient revenues from assessments and Bancroft bond sales and interest, to defray payments required pursuant to the construction contract and other costs of said Improvement Fund in the following amount. Sewage Disposal Fund $ 2,250.00 NOW, THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF TIGARD, AS follows; (1) That loan as heretofore made in the total sum hereinafter set forth from the fund hereinafter stated, to the "O.E.A. Sewer Improvement Fund" for the purpose of payment of construction and other costs with respect to said Improvement Fund by, and the same is hereby ratified and confirmed: Sewage Disposal Fund $ 2,250.00 (2) That the repayment of the above amount from said "O.E.A. Sewer Improvement Fund" to said fund be, and the same is hereby authorized and directed to be made when funds are available. Dated at Tigard. Oregon, this G nnday of A1410. 1968. �X— a Mayor, City of Ti,ard ATTEST: City Recorder, City,' Tigard L RESOLUTION 4 - r C N O T E CITY OF TIGARD, OREGON ,3 No. O.E.A - 4 FOR VALVE RECEIVED, THE O.E.A. SEWER IMPROVEMENT FUND Icy; in the City of Tigard, Oregon, acknowledges to owe and hereby promises to pay to the SEWAGE DISPOSAL FUND, CITY OF TIGARD. the Sum of Two Thousand Two Hundred and Fifty Dollars . ($ 2,250.00) ;v. This note is made pursuant to resolution of the City ;y3 Council of the City of Tigard duly passed at its meeting of November 6, 1968, and is given for the purpose of recording an obligation arisingfrom the temporary transfer of funds for the purpose of paying construction costs with respect to the O.E.A. SEWER IMPROVEMENT FUND. 4a�c Y IN WITNESS WHEREOF, The City Recorder has executed this instrument on behalf of the City of Tigard for the uses and purposes set forth. CITY OF TIGARD .e..[o iR I �YL��L � i kF. risk! ,.. -.fii `' ,�����' '�A R��y I�'^t�♦t,��y+�,s �.r ti{.y,,"` Cir .�� ;`d