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<br />RESOLUTION
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<br />bE IT RESOLVED, by the Cmnmon Council of the City of Eugene ~.
<br />that the Mayor and the vity Recorder be and they are hereby .~
<br />authorized and directed to make, execute and deliver "
<br />thex hereto attached contract and to issue warrants upon their
<br />airport fund in conformity with the provisions of the contract,
<br />and deposit the contract and the warrants in The First National
<br />Bank of Eugene, of Eugene, Oregon.
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<br />IRE SO L UTI ON
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<br />WHEREAS, the City of Eugene, actlng through lts Common
<br />Council under authorization of the electors at the election of
<br />November 5, 1940, has purchased certain properties constituting
<br />a site for an airport, and
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<br />WHEREAS, in order that the city may complete the pur-
<br />chase, a series of contracts have been entered into with the
<br />sellers providing that upon their depositing a deed and an
<br />abstract showing marketable title, free of incumbrances, that
<br />the city will, as soon as it conveniently can, examine and approve
<br />the title, issue warrants for the purchase price, and
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<br />WHEREAS, the First National Bank of Eugene and The
<br />United States National bank of Portland (Oregon) through its
<br />Eugene branch, ha*.e agreed to take over the warrants so delivered
<br />to the sellers and to give the sellers cash therefor,
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<br />~E IT RESOLVED that the Common uouncil of the uity of
<br />Eugene does hereby pledge the full faith and credit of the
<br />City of Eugene to the orderly issuance of the warrants and the
<br />payment thereof and expressly agrees with the banks aforesaid
<br />that they will, themselves, defend any litigation, should any
<br />1-. arise, W.hiCh in any way affects the validity of the warrants
<br />or impairs in any way the safety and security of the banks in
<br />taking up the warrants and paying for them.
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<br />Resolution was presented authorizing the Mayor and City Recorder to
<br />execute the contract and issue warrants, depositing the contract and warrants
<br />in the First National Bank for the purchase of the property from Hugh Cassidy
<br />and Marian Cassidy; and Harry McAllister and ~ertha McAllister, respectively
<br />hus band and wife, and ultver J:i'osback, a single person, lIlOCX:tXEZX!1II:tX:tNEx:f:kx:,llrt
<br />lIlocx:t. A resolution pledging the full faith and credit of the city of Eugene
<br />to the orderly issuance of the warrants and payment thereof was presented.
<br />Motion was made and seconded unanimously approving both resolutions.
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<br />RES 0 L UTI 0 N
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<br />BE IT RESOLVED, By the Common Council of the City of Eugene
<br />that the Mayor and the city Recorder be and they are hereby
<br />authorized and directed to make, execute and deliver the
<br />hereto attached contract and to issue warrants upon their
<br />airport fund in conformity with the provisions of the contract,
<br />and deposit the con tract and the warrants in the .F'irst
<br />National bank of Eugene, of Eugene, uregon.
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<br />RES 0 L UTI 0 N
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<br />1 WHEREAS, the City of Eugene, acting through its Common
<br />Council under authorization of the electors at the election of
<br />November 5, 1940, has purchased certain properties constituting
<br />a site for an airport, and
<br />
<br />WHEREAS, in order that the city may complete the purchase,
<br />a series of contracts have been entered into with the sellers
<br />providing that upon their depositing a deed and an abstract
<br />I showing marketable title, free of incumbrances, that
<br />the c~ty wi~l, as soon as it conveniently can! examine and approve
<br />. the tltle, lssue warrants for the purchase prlce, and
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<br />WHEREAS, the First National Hank of Eugene and The
<br />United States National Bank of Portland (Oregon) through
<br />its Eugene Branch, have agreed to take over the ~~rrants so delivered
<br />to the sellers and to give the sellers cash therefor,
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<br />BE IT RESOLVED that the Common Council of the City of
<br />Eugene does hereby pledge the full faith and credit of the
<br />City of Eugene to the orderly issuance of the warrants and the
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