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<br /> ~ <br /> 415 <br /> - .- u _ - ~_.. .- -. -- .-- --, .- . - -- -- <br /> .- T--_.~ .- - _. .- .. _. - - -- -" . - <br /> -- <br /> WHEREAS, the First National Bank of Eugene and The <br /> United States National Bank of Portland (Oregon) through its ~ <br /> I Eugene Branch, have agreed to take over the warrants so delivered ........ <br /> to the sellers and to give the sellers cash therefor, :..,' <br /> ,:'AJ.... <br /> BE IT RESOLVED that the Common Council of the City of .....""', <br /> Eugene does hereby pled~e 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 /> arise, which in any wayaffects the validity of the warrants <br /> I or impa~rs in any way the safety and security of the banks in <br /> taking up the warrants and paying for them. <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 J!'irst National jj8nk of .li:ugene for the purchase of the George W. Boqua <br /> and Gladys jjoqua property. A resolution pledging the full faith and credit of <br /> the City of Eugene to the orderly issuance of the warrants and payment thereof <br /> was presented. Motion was made and seconded unanimously approving both resolutions. <br /> RES 0 L UTI 0 N <br /> ---------- <br /> BE IT RESOLVED, By the Common Council of the Gity of <br /> Eugene that the Mayor and the City Recorder be and they are <br /> hereby authorized and directed to make, execute and deliver <br /> the 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 ~ugene, Oregon. <br /> RES 0 L UTI 0 N <br /> ---------- <br /> WHEREAS, the City of Eugene, acting through its Common <br /> Council under authorization of the electros at the election of <br /> I November 5, 1940, has purchased certain properties constituting <br /> a site for an airport, and <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 <br /> WHEREAS, the First National Bank of Eugene -and The <br /> United States National ~ank of Portland (Oregon) through its <br /> Eugene jjranch, have agreed to take over the warrants so delivered <br /> to the sellers and to give the sellers cash therefor, <br /> BE IT RESOLVED that the Common Council of the vity of <br /> Eugene does hereby pledge the full faith and credit of the <br /> City of Eugene to the orderly issuance of the ~~rrants and the <br /> payment thereof and expressly agrees with the banks aforesaid <br /> that they will, themselves, defend any litigation, should any <br /> , arise, which in any way affects the validity of the warrants <br /> or impairs in any way the safety and security of the banks <br /> in taking up the warrants and paying for them. <br /> Resolution was presented authorizing the Mayor and City Recorder to <br /> I execute the contract and issue warrants, depositing the contracu. and warrants <br /> in the First National Bank of Eugene for the purchase of the F. E. Hyland and Cora <br /> S. Hyland property. A resolution pledging the full faith and credit of the Gity <br /> of Eugene to the orderly issuance of the warrants and payment thereof was <br /> presented. Motion was made and seconded unanimously approving both -resolutions,.! <br /> RES 0 L UTI 0 N <br /> ---------- <br /> BE IT RESOLVED, By the Common Council of the City of <br /> I Eugene that the Mayor and the uity Recorder be and they are <br /> hereby authorized and directed to make, execute and deliver the hereto <br /> attached contract and to issue warrants upon their airport <br /> fund in conformity with the provisions of the contract, <br /> and deposit the contract and the warrants in The First <br /> National Bank of Eugene, of Eugene, Oregon. <br /> RES 0 L UTI 0 N <br /> ---------- <br /> 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 pro,perties constituting <br /> a site for an airport, and <br /> ~ <br />