RES 71-07 APPLICATION FOR FEDERAL GRANT RESOLUTION NO. 71-7
WHEREAS, the City of Winslow, Washington has applied to the
U. S. Dept. of Housing & Urban Development for a Federal grant to
assist in a construction project of the City's public water system,
and
WHEREAS, the City hired an engineering consultant firm to pre-
pare specific plans and drawings of the proposed project, and
WHEREAS, the City has hired a financial consultant firm to
analyse the City's water revenue bonding capacity, prepare a workable
and sound financing plan, and underwrite the bond issue as and when
accepted by the City's Council, and
WHEREAS, the City has designated its bonding attorney for
legal guidance and legal opinion of the water revenue bond issue
if executed.
NOW THEREFORE BE IT RESOLVED THAT this shall constitute a
declaration of the Council of the City of Winslow, Washington of
its intention to proceed with the various phases of the water pro-
ject as presently before the U. S. Dept. of Housing & Urban
Development in the event the grant applied for should be approved.
PASSED BY THE Council of the City of Winslow, Washington this
6th day of December, 1971.
Bayor
ATTEST:
Clerk