Res 99-294
FORM OF REIMBURSEMENT RESOLUTION
RESOLUTION NO.~
Section 1. The City of Federal Way (the "Local Agency") reasonably expects to reimburse
the expenditures described herein with the proceeds of a financing contract to be entered into by the
Local Agency (the "Reimbursement Obligation").
Section 2.. The expenditures with respect to which the Local Agency reasonably.expects to
be reimbursed from the proceeds of Reimbursement Obligations are for acquisition of one ten yard
dump truck for $116,154 and one site boom mower for 68,000.
Section 3. The maximum principal amount of Reimbursement Obligations expected to.be
issued for the property described in Section 2 is $185,000.00.
Adopted this
6th
day of
April
1999
CITY OF FEDERAL WAY
2r~
Mayor, Ron Gmtz
2~~~
Approved as to form:
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