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Item 2C - Formation of LID (SC)
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Item 2C - Formation of LID (SC)
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6/9/2010 12:31:44 PM
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8/9/2004 11:49:31 AM
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City Council
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Agenda Item Summary
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8/9/2004
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based on the Improvements and from other budgeted funds including ad valorem taxes, if levied, to <br />pay the debt shall be deposited in the Short Term Debt Fund until the indebtedness issued to finance <br />the Improvements is redeemed. Proceeds so deposited may be used only to pay the indebtedness <br />issued to finance the Improvements. <br /> <br /> Section 8. The Mayor, City Manager, and Finance Officer may sign the evidence of <br />indebtedness herein authorized by facsimile signature with a check signing machine. The Finance <br />Officer shall cause the seal of the City to be printed on the evidence of indebtedness when required <br />by law or by the purchaser. <br /> <br /> Section 9. This Resolution shall become effective immediately upon its adoption. <br /> <br /> The foregoing Resolution adopted the 9th day of August, 2004. <br /> <br /> City Recorder <br /> <br /> Resolution - 3 <br /> <br /> <br />
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