HomeMy WebLinkAbout2343CITY OF KENT, WASHINGTON
ORDINANCE NO.
AN ORDINANCE relating to local improvement
districts; fixing the interest rate on special
assessment installments to be paid in Local
Improvement Districts Nos. 285, 299, 302 and 303.
THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DO ORDAIN
as follows:
Section 1. The interest rates on the installments and
delinquent payments of the special assessments in Local Improvement
Districts Nos. 285, 299, 302 and 303 are revised and fixed at the
rate of 13.25% per annum, which is one-half of one percent of the
average interest rate for the bonds in Consolidated Local Improve-
ment District No. 285 et al. comprising Local Improvement Districts
Nos. 285, 299, 302 and 303.
PASSED by the City Council and APPROVED by the Mayor of the
City of Kent, Washington,
on the S— day of April,
ATTEST:
C ity Cler
FORM APPROVED:
City Attorney
at a regular open public meeting thereof,
1982.
j
Mayor
I, MARIE JENSEN, City Clerk of the City of Kent,
Washington, certify that the attached copy of Ordinance No.��_
is a true and correct copy of the original ordinance passed on the
j day of April, 1982, as that ordinance appears on the Minute
Book of the City.
DATED this —�—' day of April, 1982.
Mari�ej �r�e, Ciy Clerk