HomeMy WebLinkAbout1162CITY OF KENT, WASHINGTON
RESOLUTION NO. /) b;;J...,.
A RESOLUTION of the City of Kent, Washington,
relating to public safety; amending the City's
1988-1992 Capital Improvement Program; and reserving
councilmanic debt capacity for 1989 in the amount of
$950,000 to complete the City's police/fire training
center.
WHEREAS, pursuant to Ordinance No. 2646 passed July 21,
1986, the qualified voters of the City of Kent, Washington (the
"City"), authorized at a special election held on November 4,
1986, the issuance of $12,303,000 of unlimited tax general
obligation bonds for the purpose of purchasing land, facilities
and equipment for and upgrading the City's public safety
departments, including acquiring or constructing the City's
share of a joint police/fire training center; and
WHEREAS, on December 30, 1986, the City issued its
$12,303,000 par value Unlimited Tax General Obligation Bonds,
1986, to carry out the various public safety improvements
authorized by the voters, a portion of which proceeds were to be
used to pay the City's share of the joint police/fire training
center anticipated to be acquired or constructed in conjunction
with the Cities of Renton and Tukwila; and
WHEREAS, subsequent to the issuance of those bonds, the
Cities of Renton and Tukwila determined that a joint police/fire
training center was no longer a viable solution for them and the
City determined that it was in the City's and community's best
interests to situate the training center within the City limits
and to finance it solely with City funds; and
WHEREAS, the City's decision to finance the joint
police/fire training center solely with City funds necessitated
the inclusion in the 1988-1992 Capital Improvement Program
adopted by the City Council by motion on July 7, 1987, of
$950,000 to be obtained from the proceeds of councilmanic bonds
to be issued in 1990 with the first debt service payments to be
due in 1991;and
WHEREAS, it has been determined and recommended by the Fire
Administration, Police Administration, City Administrator,
Public Safety Committee and Operations Committee that the
authorization for $950,000 of councilmanic bonds for the
training center be revised from issuance in 1990 to issuance in
1989, with the first debt service payments to be due in 1990, so
that the training center project can be let on one bid in order
to save significant construction and project management costs;
NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KENT,
WASHINGTON, that the 1988-1992 Capital Improvement Program be
amended to provide that the $950,000 of supplemental funding for
the completion of the police/fire training center be obtained by
the issuance in 1989 of limited tax general obligation bonds and
to reserve $950,000 of councilmanic debt capacity for 1989 for
that purpose.
Passed at a regular meet}jg of the City Council of the City
of Kent, Washington, this ~day of April, 1988.
Concurred in by the Mayor of the City of Kent this ~day
of April, 1988.
DAN KELLEHER, MAYOR
ATTEST:
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