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<br /> WHEREAS, in order that the city may complete the purchase,
<br /> ~ a series of contracts have been entered into with the sellers I
<br /> ~. providing that upon their depositing a deed and an abstract
<br /> , showing marketable title, free of incumbrances, that the
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<br /> 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 Bank of Portland (Oregon) through its
<br /> Eugene Branch, have agreed to take over the warrants so delivered
<br /> to the sellers and to give the sellers cash therefor, I
<br /> BE IT RESOLVED that the Common Council of the City of
<br /> Eugene does hereby pledge the full faith and credit of the City
<br /> of Eugene to the orderly issuance of the warran~ and the
<br /> payment thereof and expressly agrees with the banks aforesaid that
<br /> they will, themselves, defend any litigation, should any arise,
<br /> which in any way affects the validity of the warrants or
<br /> impairs 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 United States National ~ank of Portland (Oregon) Eugene Branch for the
<br /> purchase of the Ella May Stickels property. A resolution pledging the full fffith
<br /> and credit of the City of Eugene to the orderly issuance of the warrants and
<br /> payment thereof was presented. Motion was made and seconded unanimously
<br /> approving both resolutions.
<br /> RES 0 L UTI 0 N
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<br /> BE IT RESOLVED, By the Common Council of the City 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, I
<br /> and deposit the contract and the warrants in the United States
<br /> National ~ank of Portland (Oregon), Eugene Branch.
<br /> RES 0 L UTI 0 N
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<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 properties constituting
<br /> a site for an airport, and
<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 /> showing marketable title, free of incumbrances, that the
<br /> 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 ~ank of Eugene and The
<br /> United States National Bank of Portland (Oregon) through its
<br /> Eugene ~ranch, 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 City of I
<br /> Eugene does hereby pledge the full faith and credit of the
<br /> City of Eugene to the orderly issuance of the v~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 in
<br /> taking up the warrants and paying for them.
<br /> Resolution;was presented authorizing the Mayor and City Recorder to execute I
<br /> the contract and issue warrants, depositing the contract8 and warrants in the
<br /> ~ugene oranch of the United States National Bank of Portland lOregon) ,for the
<br /> purchase of the H. E. Slattery and Minda S. Slattery, property. A resolution
<br /> pledging the full faith and credit of the City of Eugene to the orderly issuance of
<br /> the warrants and payment thereof was presented. Motion was made and seconded
<br /> unanimously approving both resolutions.
<br /> RES 0 L UTI 0 N
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<br /> BE IT RESOLVED, By the Conooon Council of the City of
<br /> Eugene that the Mayor and the City Recorder be and they are
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