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Resolution 3561 - Maintenance of Signalized Intersections378. RESOLUTION NO. 3561 A RESOLUTION TO PROVIDE FOR THE MAINTELITANCE OF SIGNALIZED INTERS POTIONS VEI AND PAINTING OF CERTAIN CROSSWALKS BY THE CITY WITS REMURS`1' Bi' EDNMONTANA STATE HIGHWAY DEPARM4:F i° . WER3EAS, the City Council of the City of Kalispell, in its regular meeting duly assembled on the 17th day of December, 1984 determined that it is in the best interests for the public welfare of the citizens of the City of Kalispell to adopt Resolution No. 3561 providing for the main- tenance of signalized intersections and the painting of certain crosswalks, effective July 1, 1984 to June 30, 1985; NOW THEREFORE, be it resolved: SECTION I. It is in the best interests of the citizens of the City of Kalispell that the City enter into and execute an agreement with the Montana State Highway Commission, Helena, Montana. wherebyytshe City of Kalispell maintains signalized intersections and p certain crosswalks within the City of Kalispell, and the State of Montana agrees to reimburse the City of Kalispell on an actual cost basis, during the year beginning July 1, 1984 through June 30, 1985; SECTION II. That the Mayor be authorized by the City Council to execute and sign such agreement and to receive payments to reimburse the proper funds for the execution of this Resolution. PASSED BY THE CITY C07JNCIL OF THE CITY OF KALISPELL AND APPROVED BY THE MAYOR THIS 17TH DAY OF DECE MBER, 1984. _ LeRoy Dowels; yar ATTEST: Marj ie Giermann, Clerk -Treasurer. 1, the undersigned, City Clerk of the City of is a true copy of the Resolution passed by the Montana, at a regular meeting held Kalispell, certify that the foregoing City Council of the City of Kalispell, City Clerk of the City of Kalispell, Montana I I 1 1988 $20,000.00 1989 $25,000.00 1990 $25,000.00 1991 $30,000.00 1992 $30,000.00 1993 $35,000.00 1994 $35,000.00 1995 $40,000.00 1996 $45,000.00 1997 $50,000.00 1998 $55,000.00 1999 $66,000.00 2000 $65,000.00 If issued as amortization bonds, the bonds will be issued as a single bond or divided into several bonds, as the Council may determine at the time of sale, the principal of the Bonds shall be payable semiannually on each April 1 and October 1 commencing October 1, 1985, and continuing through April 1, 2000. Serial bonds shall be in the denomination of $5,000 each or any integral multiple thereof of single maturities. The Bonds shall be issued only as fully registered bonds and shall be executed by the manual or facsimile signatures of the Mayor and City Clerk. Amortization bonds shall be preferred. Section 3. Notice of Sale. The Bonds shall be sold at a public competitive sale which is hereby called and shall be held at a regular meeting on March 4, 1985 at 7:30 o'clock p.m., M.T., in the City Council Chambers, Kalispell, Montana. The City --Clerk is authorized and directed to cause the notice of the sale to be published, as required by Section 7-7-4252, M.C.A. in the Daily Interlake, once a week for four (4) successive weeks preceding the week which contains the date of sale, and in any other newspapers as may be determined by the Council. The City Clerk is also directed to send a copy of the notice of sale of the bonds to the State Board of Investments. The notice of sale shall be in substantially the form set forth in Exhibit A to this resolution. Section 4. Proceedin s to the Attorney General. The City Clerk is hereby directed to furnish a certified COPY of all proceedings taken by the City with respect to the issuance of the Bonds to the Attorney General and request his examination and report as to validity, as required by Section 7-7-101 M•C.A• ATTEST: city lerk Council member Ny tul seconded the motion and the following voted in favor thereof:Springer, Saverud, Grainger, Ruiz, Nystul, .Manning, Palmer and the following voted against the same: None T, the undersigned, City Clerk of the City of Kalispell, certify that the foregoing is a true copy of the Resolution passed by the -City Council of the City of Kalispell, Montana at a regular meeting held City Clerk of the City of Kalispell, Montana -4- 1 1