Ordinance Summary 19-878CITY OF
FederalWay�.
Centered on Opportunity
ORDINANCE SUMMARY
At their October 15, 2019 Regular Meeting the Federal Way City Council passed the
following ordinance:
ORDINANCE NO. 19-878
AN ORDINANCE of the City of Federal Way, Washington, relating to
contracting indebtedness; providing for the issuance, sale and delivery of
one or more series of not to exceed $7,000,000 aggregate principal
amount of limited tax general obligation bonds to provide funds to repay
the City's costs of constructing the Performing Arts and Events Center,
and to pay the costs of issuance of the bonds; fixing or setting parameters
with respect to certain terms and covenants of the bonds; appointing the
City's designated representative to approve the final terms of the sale of
the bonds; and providing for other related matters.
The full text of any ordinance is available by contacting the City Clerk's office at 253-835-
2540. Copies will be mailed upon request, in accordance with the City's fee schedule.
Dated: October 16, 2019
Stephanie Courtney, CIVIC, City Clerk
Published Federal Way Mirror: October 18, 2019