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<br /> 415
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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 /> 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
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