HomeMy WebLinkAbout1990ORDINANCE NO. 1110
AN ORDINANCE of the City of Kent, Washington,
indicating the intention of the City Council to
issue up to $3,000,000.00 in negotiable general
obligation bonds for municipal recreational pur-
poses, and directing the City Attorney to prepare
a ballot proposition and ballot synopsis to be
forwarded to the King County Director of Elections
to be placed on the ballot on November 2, 1976.
WHEREAS, the City of Kent has determined to construct a
recreational center in the City of Kent and to make improvements
to other recreational facilities, and
WHEREAS, a citizens committee was formed to consider the
recreational needs of the City of Kent, and
WHEREAS, said committee determined that it would be in
the best interests of the citizens of the City of Kent to build a
recreational center, and that further it would also be in the best
interests of the citizens of the City of Kent to upgrade and im-
prove other recreational facilities of the City of Kent, and
WHEREAS, a public hearing was held on August 23, 1976 at
which time all persons who desired to speak for or against the
proposed projects were heard, and
WHEREAS, it was determined following said hearing that
the projects should move forward and the most feasible way to fi-
nance the projects would be by the issuance of up to $3,000,000.00
of negotiable general obligation bonds of the City of Kent, and
WHEREAS, it was the decision of the citizens committee,
concurred in by the City Council, that the matter should be sub-
mitted to the voters for approval at the November 2, 1976 general
election.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT,
WASHINGTON DO HEREBY ORDAIN AS FOLLOWS:
Section 1. The City of Kent does hereby declare its
intention to issue and sell up to $3,000,000.00 of negotiable
general obligation bonds for municipal recreational purposes.
Section 2. The purposes to which the proceeds from the
Sale of the bonds are intended to apply are as follows:
1. Kent Commons Phase II $2,300,000.00
2. Russell Road Park 500,000.00
3. Lake Fenwick Park 100,000.00
4. Additional parking -
Senior Citizens Center 58,000.00
5. Glenn Nelson Park 40,000.00
Section 3. The City Attorney be and he is hereby direc-
ted to prepare a ballot proposition and ballot synopsis for for-
warding to the King County Director of Elections so that the bond
proposition may be placed before the people for a vote at the
November 2, 1976 general election.
Section 4. This Ordinance shall take effect and be in
force five (5) days from and after its passage, approval and pub-
lication, as provided by law.
ISABEL HOGAN,
TTEST:
MARIE JENSEN ITY CLERK
EIRPROVED AS TO FORM:
IDO LD E. MIRK, CITY ATTORNEY
PASSED day of September, 1976.
APPROVED day of September, 1976.
PUBLISHED G,'t day of September, 1976.
YOR
I hereby certify that this is a true copy of Ordinance
No. --• passed by the City Council of the City of Kent,
Washington, and approved by the Mayor of the City of Kent as
hereon indicated.
(SEAL)
MARIE EN EN, CIT CLERK
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